The Terrible Impotence of Monetary Policy. Forbes Fed Stuck at Zero Into 2015 Seen in Swaps, QE Odds Reach 99%. Bloomberg Ship Magnate Uses Gut in $11 Billion Bet Worst Since ’70s Ending. Bloomberg Shahid Khan: The New Face Of The NFL And The American Dream. Forbes Lumina Copper Update. World of Mining Jim Dines Audio. King… Continue Reading

Risk on.. China Approves Plan to Build New Roads to Boost Economy. Bloomberg Facebook Investors Know Exactly Whom to Blame. Bloomberg  SOTD – Smokey Robinson – Who’s Gonna Take The Blame. Youtube Don’t be rude. Tony Blair brokers Glenstrata deal. FTAlphaville Gary Shilling: 6 Asset Classes to be Bullish About. PragCap Putin looks east. Bloomberg The House That Hova Built. NYTimes

Draghi-Day: ECB agrees new bond-buying plan. Reuters Russia is stockpiling gold. Marketwatch Indian Tycoon Seeks 40-Fold Payout In African Gas Deal. Bloomberg China’s New Richest Man Revealed, Living Off Just $20 Per Day. Bloomberg Transcript: Canadian Minister of Natural Resources Joe Oliver’s Speech to Canaccord Genuity Corp., Sept 4, 2012. Republic of Mining Qatar Imperils Big Merger… Continue Reading

September 2012 Outlook. PIMCO Gross: Gold a Better Investment Than Bonds, Stocks. Bloomberg The Doer – Robert Friedland. National Post Brazil to boost import taxes again to help local industry Reuters Facebook Handled their IPO Exactly Right. Marc Cuban Why Asia’s Rich Are Wary of Private Bankers. Businessweek What’s a $4,000 Suit Worth? NYTimes

Teenage angst – The implications of China’s slowdown. Economist Chinese Outbound Foreign Direct Investment Faces Rigorous Scrutiny. China Briefing How China’s Approach Beats the West’s in Africa. HBR Institutional investors quicken shift to alternative investments. Pensions & Investments Mohamed El-Erian: Back-to-School Letter to the US Congress. Project Syndicate Cash-flush Canadian banks shop for acquisitions. Globe and Mail Multinationals Stake… Continue Reading

We had the opportunity to sit down with Frank Giustra last week, the lion behind Lionsgate Films, and an early architect of countless resource companies—most notably Wheaton River Minerals (now known as the $33B Goldcorp, which spun out the $12B Silver Wheaton), Petro Rubiales (now the $7B Pacific Rubiales), and Urasia Energy. By all accounts… Continue Reading

I began to wonder about Frank Giustra ten years ago when he assembled a massive lot on my grandparent’s street in West Vancouver and built a spectacular waterfront home. Giustra had come from the investment industry I learned, where my dad and three uncle’s have worked for over 30 years. But he was unlike us,… Continue Reading

Jerry: ” You would have a cigar after lunch. Remember that?” Larry: “Right in the office.” Jerry: “You would offer sage advice. You seemed like, “Yes, come my child, I’ve got this all figured out.” Anything you say with a cigar just sounds so much better.” Larry: “It imbues you with knowledge.” Jerry: “What is… Continue Reading

“Be wary of going to the palace of government. Wait to be summoned; do what you are asked to do and never display any pride. Always keep out of the public eye.” Giovanni de’ Medici Thank you, Tekoa, for recommending this marvelously told story of wealth, power and patronage. Credits: PBS

Ticklin’ the ivories… One Giant Step for a Man: R.I.P. Neil Armstrong. AllThingsD Key voice urges China to gird for tough times. Vancouver Sun Why wood pulp is world’s new wonder material. New Scientist Conrad Black on Paul Ryan: How one man transformed a presidential campaign. National Post Graydon Carter: Bankstas in the Age of Money. Vanity Fair… Continue Reading

Lived November 29, 1956 – August 23, 2002 #2 Man at Polygon Homes, British Columbia’s largest home builder Ten years ago today Polygon Homes Executive Vice President Rick Genest was tragically killed when a boulder fell on his car while driving to his summer home in Bridge Lake, BC. In the 45 years of his… Continue Reading

Atta boy Nolan, Dave, Ron, Justin, Erfan, Denver, etc. Sandstorm Gold just hit another new all-time intra-day high and closing share price today, to coincide with their listing on the NYSE Exchange. Here is the link to Nolan’s interview on Fox Business this afternoon. Here is the link to Nolan’s interview on BNNTV. Also: World of… Continue Reading

Schmooze or Lose. Obama doesn’t like cozying up to billionaires. Could it cost him the election? New Yorker Trust, empathy, mentorship. Three Leadership Traits That Never Go Out Of Style. HBR “This is not the time of your life you want to be easy.” @chris_reynolds — Tommy Humphreys (@tommyhump) August 20, 2012 Inmet secures US$1-billion… Continue Reading

Enjoy the day… Flipping Banks & Thoroughbred Horses—Billionaire Gerald Ford(not ex-president) Tells His Multi-Decade Story. Bloomberg  Law of the Jhungle – Raise a glass for one of India’s best-known investors. Economist “Self-Storage Firms Making Stinking Profits—At A Time When Many Traditional REITS Are Not Working”. Economist Where Have the Mom & Pop Investor Gone? dlvr.it/21j9MR $$… Continue Reading

Could a mine opening ceremony be a catalyst to LUC’s share price? Lucara Diamond Corp ($LUC on the TSX big board) is a Lundin Group diamond mining and development company that I owned and wrote about last year. I entered at an average cost of $.87 cents and sold at $1.11 (Sources: 1, 2). For those new… Continue Reading