Canadian investors after having seen the American primaries, the campaigning, the elections and the results, should now realize that the American mainstream media is shamelessly biased and has no credibility whatsoever with a huge percentage of Americans. Any prudent Canadian should take most opinions and views from the American media with a grain of salt. As the American economy has an enormous influence on the Canadian economy, Canadian investors should try to get a good balance from the non-mainstream media sources and the internet. We have no faith in the accuracy or the opinions of the American major media particularly the three major television networks in their reporting (their own interpreting) of news. Classic example: The media elite clowns were calling Hillary the winner up to the final hours based upon their very erroneous and biased polling data which they had obviously concocted. These biased manipulators have demonstrated themselves as duplicitous and devious as well as extremely inaccurate particularly over the last year. Their reporting was so biased at times that it bordered on outrageous.

TAXATION WITHOUT REPRESENTATION is more than just alive and kicking Federal Reserve Board Chairman (I’m of the NOT POLITICALLY CORRECT GENERATION) Janet Yellen, just saddled the American public with a $50,000,000,000.000 (THAT’S FIFTY BILLION DOLLAR$$$$$) new yearly tax for the foreseeable future…. (until she raises interest rates AGAIN)

 The pathetic and laughable American mainstream media has no credibility whatsoever with the vast majority of Americans so we thought we might report on what some of our Canadian friends think of the U.S. media. Very little difference! We are sure that our American readers know well some of our closest neighbors and cousins. Of course you know those polite, kind, quiet, unobtrusive, benevolent, unassuming people just north of New York, Michigan, New Hampshire, North Dakota and a few other states.  Last May, on this site I reported on what a native born Canadian (of many Canadian generations) thought of the American presidential election. He held back nothing in his comments. His view could have come from somebody from Florida or Texas as well as it was in line with actual American opinion. He sees the situation from the Montreal region often from the main-stream American media. Fortunately, he is able to pick up fair news’ views from the internet and networks other than the big three networks. The following are his comments from earlier this year.    

In recent weeks, American politicians and the US media have been suggesting that President-elect Trump be given the benefit of the doubt and that the wisest course is to adopt a wait-and-see posture. After all, he is still selecting his Cabinet and will not officially become President of the United States until inaugurated in January. These gestures are generous, well intended and imply that a pause for the holidays would be in order. However, the real world has not waited to start offering its responses. Portfolio managers and professional investors make asset allocation decisions regularly. Global total return funds can alter their investment mix, shift assets and adjust their currency exposures around the world on a weekly basis.

Your analysis counts.  The private investor’s judgement is usually more accurate as or usually better than the analysts or so called “experts opinion.” Make sure that any advice makes sense to you. Cycles? On a cyclical basis, gold and silver are due soon for major moves up which do not have to occur exactly on schedule. Often cycles are early or late in their occurrences but nonetheless are significant. They fool the majority. But note well that over the last three years during a period of a severe bear market in gold and silver mining stocks we have recommended and bought gold mining stocks that have rocketed up 900% (Richmont); up 1400% (Claude Resources was taken over by Silver Standard); and Niogold up 400% (was taken over by Osisko). Many others have had large moves up. Bottom line? The best and most opportune time to invest in precious metals and mining stocks is during bear markets and brutal corrections.