Making sense of the markets this week: August 3 Aug 1st

TSX getting you down? There are always sound investment alternatives.
Latest News

Fastly Announces Second Quarter 2020 Financial Results - Business Wire Aug 5th

Fastly Announces Second Quarter 2020 Financial Results  Business WireRogers Sugar Inc.: 3rd Quarter 2020 Results Toronto Stock Exchange:RSI  GlobeNewswireTeva Reports Second Quarter 2020 Financial Results  Yahoo FinanceSafety Announces Second Quarter 2020 Results and De.... More »
 stock split

A second wave of COVID-19 could pummel the markets — here’s how to protect your portfolio Aug 4th

Now that stock prices have rebounded close to where they were before the crash, it’s a good time to make sure your finances are resilient..... More »
 mutual funds

This Toronto nurse recently graduated with $50K of debt. He works more 60 hours a week during the pandemic. He’s in a rush to pay off his OSAP loan and move out. Can he do it? Aug 3rd

Fresh out of nursing school, with a lot of debt, Ali is seeking advice from Millennial Money’s financial expert on paying down his debt and saving..... More »
Making sense of the markets this week: August 3Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Gold outshines itself
Gold stole the headlines this week. That can happen when an infamous asset takes out its previous all-time highs. 
Last Sunday, gold made another push and hit its all-time high above $1,920. By Friday, July 31, the price had moved above $1,990. (Gold is priced in USD.) 
Gold is gaining based on general uncertainties in these, well, uncertain times. There is also the fear of inflation. Many investors also point to the prolific money printing from central banks and the ballooning deficits and deficits. In this MoneySense post, I touched on Canada’s pending $1-trillion debt, and the similarly large number representing proposed stimulus in the U.S. 
MoneySense contributor Bryan Borzykowski recently pondered whether it’s time to buy gold again: 
“A lot of people are excited about gold today because of how much debt countries around the world are accumulating…

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