CANADA - The prices of gold and oil keep going up, but Canadians aren't noticing as much because our dollar keeps going up too.
Spot gold prices today rose to an all-time high of $1,505.70 USD an ounce. Gold prices usually rise during times of economic instability. Gold prices have risen six-fold from just $250 an ounce in 2001.
Silver prices also soared above $45 USD for the first time since 1980.
Meanwhile, the Canadian dollar rose by 0.35 of a cent to close at $1.049 USD, its highest point since November of 2007.
The Canadian dollar is mostly effected by oil prices (see The Canadian Petro Dollar), which is now over $110 USD / barrel.
The average price of a litre of gas is $1.32 in Toronto today, according to Gaspricebuddy.com. Gas prices were up 18.9% in March, compared to a year ago, and continue to soar.
Higher transportation costs will also increase the price of food.
Subscribe to:
Post Comments (Atom)
Featured Posts
|
The Sarcasm Symbol
Ever had some confusion online or with your cellphone when someone fails to catch the sarcasm? Well now with the SarcMark you can ge... |
|
Behold, the Scorpion Hydrogen Supercar
CARS - To the right is the future of supercars... it is a hydrogen supercar called the Scorpion. The Scorpion from Ronn Motors in Texas is t... |
|
Documents show Stephen Harper misusing public funds
CANADA - According to 950+ pages of documents obtained by the Canadian Press under the Access to Information Act the Privy Coun... |
|
Pink's Rosie the Riveter
ENTERTAINMENT - What I like about this video is how it meshes different social movements like feminism, veganism, anti-capitalism... |
|
California's Dustbowl
ENVIRONMENT - The photo on the right is a farm in California that has been put up for sale. Its just one of thousands of farms that are n... |
|
Is Steampunk the New Goth???
GOTHIC - Watch out what you see on the subway late at night because while in 2001 you might have seen some pretty freakish goths, by 20... |
|
Do you have enough Ice Water in your diet?
HEALTH - A Calorie (large C) is a measurement of the amount of energy needed to raise the temperature of a litre of water (1 kg's worth) ... |
|
North Korean timeline towards Inevitable War
POLITICS - The following is timeline of events that have occurred on the Korean Peninsula. 1945 - Japan surrenders to the United States a... |
|
Judgment Day is Tomorrow, so sayeth Cult
RELIGION - According to a cult based in California, Judgement Day is tomorrow (May 21st 2011) and Jesus Christ will return to the Earth a... |
|
Sex in Space Forbidden
SEX/TECHNOLOGY - Sex in outer space is a big no-no according to NASA. Not for professional astronauts at least, but the growing numb... |
Popular Posts / Last 30 Days
-
By Ai Lung Nguyen - April 2011. ENVIRONMENT - Radiation levels coming from the Fukushima nuclear plant in Japan spiked today, reaching lev...
-
CANADA / HEALTH - Health Canada is warning Canadians not to buy or use electronic smoking products, dubbed smokeless cigarettes or e-cigar... -
CANADA - An increasing number of Canadian soldiers may be using, dealing and becoming addicted to drugs, say reports from Canadian Forces of... -
CANADA - The mainstream media in Canada called Stephen Harper a coward this morning no less than 12 times. The Prime Minister of Canada we...
-
Visit amazon.com/author/moffat to get free short stories and huge discounts on fantasy books by Charles Moffat. Sale ends on October 20th... -
CANADA - The following is a list of 10 reasons why Torontonians are considered the rudest city in Canada. The sad part is Toronto may deser... -
CANADA / SEX - Gay activists who were arrested during the G20 protests over the weekend in Toronto are now alleging they were targeted by T...
-
Stephen Harper doesn't like Democracy. In fact Stephen Harper Wants to Stifle Democracy in Canada . Just look at his track record of cen...
-
CANADA - A huge expose released today by CBC news revealed the Canadian government knowingly committed war crimes in handing over detainees... -
Opinion polls seem to show that the Cons have the public on their side with regards to holding on to power. But we all know that the case fo...
No comments:
Post a Comment
Comments containing links will be marked as spam and not approved. We moderate every comment. If you want to advertise on this blog it is $30 per link.