Canadian Election
QUESTION: Marty, Socrates seems to be pointing to a C$ bounce. Does this imply that Carney will lose, or does it mean the bounce will be brief on his nonsense [...]
REPLY: The Merval is covered on Socrates. Nevertheless, if this market breaks through the January high, then it should run up sharply into March
Keep in mind that this is in part currency inflation. It rises in proportion to the decline in the currency value as a hedge basis its international value.
Additionally, the entire world is gearing up for the monetary crisis cycle. This means we are witnessing the prolog and that is the shift from public to private assets on a global scale.