Commodities and Resource

How to Win in the Stock Market with Justin Trudeau in Power

Comments (17)
  1. Peter says:

    Let’s be honest here if things work out well and the economy is OK, the boy will get credit. If things go bad, as I think they will, it will be Harper’s fault. Harper will not get any credit for the good foundation he left.

  2. Michael Clark says:

    This boy will seek to glorify himself at whatever the expense-like his father.

  3. Good riddance! says:

    This “boy” is going to kick butt – big time! He’s already shown he can, and Canada is already better for it.

  4. Myron Martin says:

    I see Trudeau as the ultimate Central Planner, He is passionate, articulate, charming, but his constant butting in during debates tells me has has little patience for opposing views to his own. In other word,s he believes fervently that his idea’s are superior and he can solve all the problems through more government that is virtually guaranteed through more spending. Apparently he has not learned that you can not borrow your way to prosperity., and more than you can pull yourself up by your own boot straps.Neither has he learned as Kevin O’Leary has pointed out, that wealthy people who have the money and know-how to build businesses and create jobs will take their wealth and expertise to where it is treated the best, who can blame them. Just look at France if you want to know where taxing the rich takes you! Socialism has failed wherever it has been seriously implemented and it at best will give no more than a temporary boost to the economy, but in the long term it will fail.
    Trudeau is an idealist, an impractical dreamer with little economic sense. He is just another step to One World government by “elites” who crave power and car not one whit for the average person.

  5. RALPH DE GROOT says:

    Mr.Trudeau has a lot in common with Obama, pre-occupation with self and notions of grandeur. He will promote all that is perceived to be polular but not expedient for the country. He will join in with all the climate change fearmongerers and subject the economy to devastating restrictions, especially the energy sector.
    He will hollow out the social and moral heart of the nation by legalizing marijuana, promote all the new sexual behavioural inventions, abortions (under health, ofcourse), he will “celebrate” multiculturalism at the expense of what genuinely is Canadian, he will allow all kinds of influences and practices of foreign ideologies. In less than two years of his type of fiscal management the dollars will sink another 10-15% and the debt rating will also go to the bottom. In the end we’ll all want to smoke pot!

  6. Bruce Barbour says:

    Trudeau is the Joel Osteen of Canada, performing to dazzled audiences hysterical with pseudo worship – a perfect example of Extraordinary Delusions and The Madness of Crowds in the famous tome by Charles MacKay.

  7. ed bird says:

    Electing Trudeau with a majority is like giving a kid with a learner’s permit the keys to your Bentley.
    On stocks: I have shares in St. Andrews Goldfields, a stock that seems undervalued and should be a take over target. 100,000 ounces a year, all in the Timmins area where they employ 350 people. A second one is Alexco Resources, owners of the former Keno Hills silver mine in the Yukon.
    Good heads up on Newmarket Gold … you nailed that one !

    Ed

  8. Don Lawson says:

    Bloated bureaucracy and economic regression.

  9. Berry Lang says:

    Trudeau’s failure to understand/care that Canada’s large middle class is primarily built on the backs of oil and gas (where else can labourers make $100K/yr) is going to create a brain drain from Canada. This means oil and gas professionals (the middle class) leaving to work for third world and middle eastern countries with zero to negative effect on his environmental initiatives. But nice hair. Sunny days all y’all!

  10. G Charles says:

    No ,I did not vote him in. But I will give him a chance.
    Unlike most of the rants here socialism has worked very well in certain countries especially in northern Europe . Mr . Trudeau and his liberal party are not socialists or even close to it.
    His ecomonic plan will be well thought out and this country very definitely need infrastructure spending as it has fallen apart almost as much as the USA.
    Further more Mr Trudeau has absolutely no control over the oil industry and i am sure that he would love to see it rebound.
    Climate change is another matter. Only a total idiot would stick his head in the SAND AND SAY that there is not a problem .
    When New York and Boston are under water maybe these people will wake up if they have not drowned.
    Fixing the environment will create good middle class jobs and this is a part of the Trudeau plan.
    So give our new Prime Minister a chance, … and I think we will see excellent results in the future .
    PS You Americans can keep Kevin O`leary as we do not want him representing our views.

  11. P Sullivan says:

    Trudoh is clueless on how to run a business. He impresses me as someone who is not all that bright. He, like his father will figure out a way to destroy the energy business but in the process suck all money to Quebec or at least eastern Canada as per normal. He has stated this in the past. He has stated numerous times westerners are not capable of running their own affairs. He is totally deficient in understanding cause and effect.

  12. Edward says:

    JT is the most inexperienced and unqualified Prime Minister in the history of the Westminster parliamentary system. He has a massive ego, and is the epitome of form over substance. He won the election, however, so we all must hope that he is successful.

    Of great concern is that the Liberal establishment is back in charge, and along with that the commensurate curruption and scandals. We saw this in the week preceding the election when is campaign chair was forced to resign because he was already lobbying for the new government on behalf of a company he was being paid by.

    I agree that if the economy is successful, the media will increase it’s idol worshiping of hhim and shower his centralized, big government planning philosophy with praise. If the economy recedes, the media will blame Stephen Harper so JT cannot lose.

    As for the economy, while it was expeditious and effective to promise tax hikes on the ‘middle class’ through a 4% tax hike on the 1% rich (who JT claims earn $200,000), it will create a penalty for hard work and ambition, and create incentives for businesses to shelter taxes through whatever means are available.

  13. al budney says:

    I thinck the new government will promote development of pipelines to the east and west coast and will also invest in building new processing plaants to make finished products and fuels to sell to world markets outher than the usa.the new government will probably rebuild trade with russia and england.you may eventually see the developementbof canadian made aircraft and defence systems.includeing new ship building.there is alot the new government can actually do to attract new investment to canada from around the world. Canada has been stale for too long under harpers rule.the new government also should lock in all existing interest rates on all buisness andbpersonal debt and raisebinterest rates so bancks can pay interest on money so people can save money and accumulate earnings on their money for their retirement instead of haveingballnofvthebinvestment scemes of today.keep it simple.make money have value again and everything else will fall into place..

  14. Bruce S says:

    One definition of insanity is “repeatedly doing the same thing over & over again and expecting a different result every time”!
    Canada votes in the Cons and when dissatisfied with them switches to Libs, and then when dissatisfied with Libs, switches to Cons, & then switches to Libs, and on & on, over & over, again & again.
    Apparently, after many centuries of experience in being subjected to governance, these are the only really acceptable alternatives to the general public, the other wannabee parties are lame in comparison.

    However all Christians Worldwide are praying & hoping for the Kingdom of God to come on Earth, “and all the Governments shall be on His shoulders”. When, as prophesied, Jesus the Lord of all will come to restore sanity to a Planet bent on its own destruction!

    Money markets, economies, even civilizations come & go, but the Lord is forever, HE is the alpha & omega, the beginning & the end, and the ONLY way for us humans to gain eternal life and be able to then forget paranoid economic worries, etc., as He can/will supply ALL our needs.

  15. Jon M says:

    Not really a comment on the Gold Company, but it’s interesting that the price of gold is falling as the major Western Governments are printing more and more paper dollars. Shouldn’t the gold price be rising? I’ve read that a lot of people are buying physical gold coins, but perhaps the price remains low because too many of us realize that if the sh-t really hits the fan (and currencies/ stock markets and economies truly collapse) no-one will be trading their food or medicine for useless coins. A small amount of gold might be useful in a diversified portfolio if the Canadian dollar drops. But if the world economy collapses, I’m unconvinced that gold will protect my wealth (and yes, I have seen ads claiming gold protected wealth in the past as currencies failed).

    On a side note, I’m tired of listening to all this liberal vs. Conservative hate mail. On a personal note, I don’t like Trudeau. However, the position he holds (democratically elected PM of Canada) needs to be respected. We will rightly scrutinize the actions his government takes- when they actually take any action. But in the big picture, I don’t see huge differences between these two parties. Under Liberal and Conservative majorities Big Banks continued to make record profits from interest paid by taxpayers (governments should only borrow from a zero interest loan from the Bank of Canada). Morally bankrupt politicians fed at the trough of tax payer money. Many native Canadians continued to live in third world conditions. Christians abroad were massacred in over 30 Muslim countries, while our governments did nothing to try and rescue them. Hundreds of thousands of young Canadians had their lives ended in “abortion clinics”… Other than a bit of tinkering (short term bribery) for the voters, what real changes have taken place for the benefit of the people?

  16. Brian Wallis says:

    Make no mistake this will not be a liberal government. His dad was a socialist through and through. Socialism and deficits are part of his genes. We will not see a balanced budget under his tenure. There is a reason Oboma’s people were up here campaining for him. They are pretty much aligned. Only difference is USA may come out of their mess but we won’t. He’s out to shut the oil industry down not build pipelines.
    How long before Western separation rears its head??

  17. Ernesto Margallo says:

    Oil is a global commodity governed by the the simplest of all economic law of Supply and Demand. There nothing anyone can do to fix the oil situation. Only the global market can impact its future.
    It’s not The new govt’s failure. It is the previous govt’s putting all its eggs’ in one basket.
    Renewable energy is unlimited SUPPLY by definition. So is the appetite or DEMAND for it. What is missing is the govt’s leadership & long term vision and the Canadian political will to accept this new reality. Energy from renewables is not as portable as that from from fossils. Hence the the glacial adoption from jursdictions rich in oil like Canada. Europe, in general and Germany in particular is the complete. Hence it is the leader in devopment & adaption of renewables.
    After WWII, massive investment in road construction enabled the North American economy, fuelled by transportation & low price of oil, to exponentially grow. Unfortunate & unforeseen side effect took several decades to manipest in disastrous climate change.
    Such may not be true of renewables. Technologies are available but more innovation are needed now and the foreseeable future.
    Canada’s geography, with the long term effect of climate change, is ideal for wind, solar, hydro, geothrmal & even tidal energy sources. Even alcohol from renewable farming & forest by-products. Tapping theses resources needs long term investments measured in years or even decades. The same is true for mineral resource developments.
    Our financial institutions must invest in renewables above ground resources with the same enthusiasm as they do inthose under the ground.
    Do we have rare earth metals in Canada? Yes! Do we have favourable amount of sunlight?. Yes! Do we have land acreage required in solar farms? Do we have engineers to undertake solar energy project? Yes! How long ago do we have them? Decades ago!
    What don’t we have? Political will to support unpopular, inglamorous, in-sexy long term projects.

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