Podcasts about ron hiebert

Making Money Minute with Ron Hiebert - AI vs Software Software is a code or set of instructions, that tells a computer what to do and how to do it. For decades software companies have had the wind at their backs. As more and more sophisticated technology got developed, better software was needed for it to communicate with everything else out there. The threat to all this … is AI. Investors worry that artificial intelligence will make software companies redundant by doing their job much cheaper and faster. As a result, many software stocks have seen huge drops in price. Is this the time to jump in and go bargain hunting? That is a tough question, because opinions are all over the map. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Gold Backed Reserve Crypto One of the reasons gold has had such an incredible run, is the growing belief among financial types, that cryptocurrency backed by the yellow metal, could eventually replace the US dollar, as the world's reserve currency. Its creation would be outside government control, allow borderless monetary transactions and importantly, would not be backed by any debt choked fiat currency. This is certainly not something that will happen tomorrow. But as the world becomes more and more sceptical about US foreign policy, and its rapidly deteriorating financial situation, the need to develop a financial infrastructure to eventually replace it, becomes more urgent. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Gold's Golden Era These are very exciting times for holders of gold stocks. Four years ago, the spread between a gold miners production costs, and what they could sell their product for, left them with a profit of about $600 US per ounce. Today with gold around $5000, their profits have ballooned to $$3500 per ounce - almost 6 times higher. These are the biggest profit margins in modern history and leave gold miners with extra cash to raise dividends, buy back stock, pay down debt and grow production. All of which are shareholder friendly. For miners of the yellow metal, this is truly a golden era. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Valuing Bitcoin Bitcoin has traded between a high of $123,000 and a low of $63,000 over the last 12 months. The question is, how do you value whether it is cheap, and time to buy, or expensive, and time to sell. Bitcoin has no physical assets, no sales, no profits or patents. Nothing that gives us a set of metrics, or way to calculate its worth. Its value, is whatever the majority of buyers and sellers think it is at any given time, and that number can change dramatically over even short periods. This makes Bitcoin a very controversial investment. Because there is no conventional way to gauge its worth, your guess as to a fair price, is probably as good as anyone else's. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - When Risk Gets Riskier Bull markets follow a predictable pattern. In their early stages, money flows into high quality investments. As they become overvalued, investors look at the next rung down for things that haven't yet participated in the rise. These are usually lower quality and higher risk. This self reinforcing loop continues until even the most volatile, risky assets have been discovered and become fully valued. When the good times end, these risky, volatile assets, are the first to drop and also experience the biggest slide. As this bull market gets long in the tooth, it is important for investors to do an inventory of their holdings. Nobody wants to get caught being overexposed to risk … when markets tumble. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money with Ron Hiebert & Graham Hick - Your Retirement Health Window

Making Money Minute with Ron Hiebert - The US Policy Uncertainty Index It might be tempting to seek safety when markets get rattled, but high levels of uncertainty can actually be positive for stocks. There is an index which tracks how investors feel about out the economic times they are in called the U.S. Economic Policy Uncertainty Composite Index. Research over a 40 year period between 1985 and 2025, has shown when levels of uncertainty are high the S&P 500 rises 19% on average. The rest of the time the S&P 500 returns 11.6% annually. Typically, when bad news is commonly known, it is already priced into the markets. This gives investors an opportunity to shop for bargains when prices are down. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - USMCA & Opportunity Under the USMCA trade agreement, the U.S., Canada and Mexico must meet on July 1, 2026, to determine whether to extend the treaty for another 16 years, negotiate changes or withdraw. If they cannot reach consensus, the agreement continues with annual reviews until its scheduled sunset in 2036. Expect there to be a lot of sharp disagreement as Trump has already declared that he is looking for major concessions before he commits to its renewal. It is in these times, investors want to have cash available on the sidelines. Critical meetings with lots of drama, often provide the best buying opportunities of the decade. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - USMCA Will Be A Grind Canadian's have pushed stock markets ever higher. Pricing them to perfection and assuming that nothing could happen to disrupt their rosy economic outlook. People for the moment are ignoring the very difficult round of trade negotiations with Mexico and the US, starting in less than four months. Trump has made numerous derogatory remarks about Canada and our Prime Minister has made comments about the US that have further escalated things. Markets don't like the tough, the grinding, the brutal - but that is exactly what these talks are expected to be. Investors might want to temper their bullish enthusiasm until they get a clearer understanding of how these trade negotiations are likely to turn out. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - The Seven Trillion Dollar Question To make Artificial Intelligence a functioning global reality, requires enormous resources. The cost for all the AI programs, data centres, computers, semiconductors and electrical generating infrastructure is expected to reach 7 trillion dollars over the next decade. What no one seems to be asking, is where are the profits going to come from to pay for all of this. Even a profit margin of 10%, which is less than 1/2 of what tech companies normally expect, would mean these assets need to generate 700 billion in profits annually - an enormous sum. Can they do it? Investors are betting 7 trillion dollars the answer is yes. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or .CFCW.com

Making Money Minute with Ron Hiebert - Estate Sale Bargains Virtually every time I go shopping on Amazon or at a retail store, I came away with sticker shock, shaking my head in disbelief at how fast prices have climbed in the last few years. This unaffordability, has caused a resurgence in discount, next to new, and second hand transactions, as people look for ways to stretch their dollars. One area that shouldn't be overlooked are estate sales. As boomers pass on or downsize, an enormous amount of items are coming up for sale. Boomers, or the kids who inherit this pile of stuff, just want to get rid of the clutter, and are incentivized to move it - often at bargain prices. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money with Ron Hiebert & Graham Hicks - Investing in the Auto Industry.

Making Money with Ron Hiebert & Graham Hicks - Dividends

Making Money Minute with Ron Hiebert - Federal Debt Last year Canada enjoyed hitting a number of financial records. The stock market, residential real estate and household wealth reached all time highs. The one crown we shouldn't be proud of, is our Federal Debt. That wall of red ink, according to the Fraser Institute, climbed to an inflation adjusted 2.35 trillion dollars last year. This is the highest level of Federal debt in our history, increasing 4.2% over the previous year. In dollar terms, this works out to $56,432 of Federal debt per person . Next time you talk to someone younger, thank them in advance for paying for something they didn't create or benefit from. For more information listen to my Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com

Making Money Minute with Ron Hiebert - Copper Miner Reluctance If copper usage is expected to increase dramatically, why aren't miners doubling or tripling their efforts to find and develop the resources necessary to keep up with demand. The answer is simply profit. Miners need the price of copper to stay above $11,000 a tonne on a sustained basis to break even on new mines. Currently the orange metal is trading at 20% above that, but miners worry how sustainable that level is. Copper is notorious for its volatility. Soaring prices seldom stick. Copper miners need higher prices for longer before being convinced to invest billions of dollars on what could be a losing bet. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CWCW.com.

Making Money Minute with Ron Hiebert - Silver Demand Silvers dramatic price moves are a classic example of supply exceeding demand. Silver has few peers when it comes to conducting electricity. Its use in electric cars, solar panels and data centres, means that industrial products are now by far the biggest driver of demand. On the supply side there has been little incentive to produce more, because 72% of silver inventories come as a byproduct of zinc and copper mining not from primary producers. As a result, even when you include recycling, the demand for silver has outstripped its production for the last five years. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Incomes Need To Catch Up The government has put the brakes on record numbers of people immigrating into Canada. Fewer bodies have lowered demand for everything from health care to groceries. Slower population growth has the effect of reducing inflation and increasing affordability. The good news, is this decision has helped Canadian rents fall 5 months in a row, bringing them down 5.4% over the last two years. The bad news is they are still 14.1% higher than they were in 2019. We need lower inflation and stable prices to continue for a while, so wages and incomes can eventually catch up. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Who Is Right? The best descriptor I have heard summarizing the investment outlook for 2026 - is a dumpster fire. The world seems to have gone crazy. Trade friction, a global arms race, regime change in Venezuela, threats of it in Iran, and endless wars in Ukraine and Gaza, have made the world an uncertain place. Even though the year has gotten off to a chaotic start, you would never know it by looking at the markets. Stocks just shrug off the negativity and keep moving from new high to new high. Aggressive investors either know something the rest of us don't, or they will eventually pay the price. Time will tell. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Sport Betting Fraud One of the risks of sports betting is fraud, and it has just raised its ugly head. The US recently charged 20 people for operating a betting ring that fixed US College and Chinese Professional basketball games. This group bribed players between $10,000 and $30,000 to deliberately underperform in order for their teams to lose and for fraudulent bets to pay off. This point-shaving scheme involved 17 NCAA Division I programs, 39 players, and 29 games that prosecutors say were fixed or attempted to be fixed from 2022 through 2025. If you sports bet, fraud is always a risk. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Silver Profits If you want to understand why silver stocks have gone crazy, just look at the math. Last year silver prices averaged about $28 an ounce, and it cost about $20 an ounce to pull the metal out of the ground. At those prices, silver miners were making money, but no one was getting rich. Fast forward one year, and we find that production costs haven't changed much, but the selling price of silver has tripled. Companies who kept their costs in line, have seen profit margins increase by 9 times. This is an industry that has gone from so so - to printing money … and silver mining stocks have moved right along with them. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Beyond the Magnificent Seven All investors want to talk about is Artificial intelligence, data centres and computer chips. It is like nothing else exists….but it does. European banks, for example, have outperformed America's Magnificent Seven over not just one, but the last five years. Many markets in Asia, Europe and even South America beat the US last year. People think American technology is the centre of the known universe and limit themselves to a very small investment pool of securities. There are lots of unnoticed global companies that have done extraordinarily well, and are far less expensive than the Magnificent Seven. They are worth a look. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Recycled Silver Investors are continually bombarded with stories that metal production is not meeting demand and as a result, big shortages and skyrocketing prices are the future. Silver is a good example. The amount of product coming out of the mines has not kept up with demand for the last 5 years. The problem with these numbers, is they conveniently leave out the heavy influence that recycled silver has on the supply/demand equation. It accounts for 20% of total supply. As prices rise, more and more people are pulling out grandma's old silverware and cashing them in at the local scrapyard. When you include recycling in the equation, metal shortages are less bullish for prices than often portrayed. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money with Ron Hiebert & Graham Hicks - Pipelines

Making Money Minute with Ron Hiebert - Currency Risk The Trump administration has made it very clear that one of its major economic goals is to lower the value of the US dollar against other countries currencies. Devaluation is often used by nations to reduce the cost of their exports and make prices more competitive on global markets. So far Trump's strategy seems to be working, as the US greenback is down about 10% over the last year. For Canadian investors who own US assets - this is another risk. As the US dollar drops, so does the value of those American investments. Diversification outside the Canadian economy is a good idea, but large currency loses can certainly blunt those advantages. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Gambling Is Not Investing The lines between gambling and investing are becoming more and more blurred. In the US there are now platforms that let you bet on the outcome of a football game and then with the proceeds turn around and trade your favorite stock - all on one site. Yet gambling and investing are very different activities. Betting on who will win the next election or whether the Oilers become Stanley Cup champions is entertainment. Investing is putting money into wealth building assets that generate cashflow and profit over the longer term. Mixing the two and blurring their distinction is a very bad idea. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - 24 Hour Stock Trading If you are a working stiff who likes to manage your own investment portfolio, one of the drawbacks, has always been the hours the stock and bond markets are open for trading. That 6 1/2 hour window generally coincides with when most us are at work. This makes it difficult to access markets on a timely basis, when we are distracted by, or busy with, work related tasks. This will soon change. The Nasdaq Index in the US, is applying for permission to trade 23 ours a day on weekdays starting later in 2026. Expect other exchanges to follow shortly. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money with Ron Hiebert & Graham Hicks - 2026 Investment Strategies

Making Money Minute with Ron Hiebert - Natural Gas & Data Centres When data centres were just starting to roll out, the strategy was to determine a location and worry about the energy needed to run them later. Well that dynamic has changed. Growing demand for electricity means you have to secure supply first and build near it. Your billion dollar data centre will sit idle if it doesn't have the juice to run it. This is where Alberta has a huge advantage. We have a surplus, of the ideal fuel for data centres. Natural gas can provide consistent low cost power. This can be a huge economic win for the province. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Home Affordability Canada has a housing affordability crisis. Thankfully it only involves about 30% of the population and is focussed in two main areas - Greater Vancouver and Greater Toronto. In Vancouver it takes 89% of a households income to cover home ownership costs. In Toronto that figure is 65%. Beyond this tiny geographic area there are plenty of places to live in Canada where the job market is solid and homeownership costs are reasonable. In Montreal home ownership costs average 49% of household income, in Ottawa 44%, in Calgary 41% and in Edmonton 32%. A simple solution to home affordability, is to move to where the bargains are. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com

Making Money Minute with Ron Hiebert - Oil Price Sweet Spot Oil prices are in the goldilocks zone of not to high, and not to low, but seemingly just right. NATO countries like current prices because it puts the squeeze on Russia's war financing. Saudi Arabia likes it because as a low cost producer, it allows them to increase market share. Trump likes it for taking some of the inflationary pressure off consumers caused by his high tariffs. China and India like today's prices, because it lowers their manufacturing costs, and makes their exports more competitive. Prices are in a sweet spot. Producers are making money, while consumers are getting a break. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Government Bonds & Risk Investors historically preferred to own government bonds over corporates because of their perceived creditworthiness and low default risk. In many cases that perception is a thing of the past. Governments have taken on staggering amounts of debt and reduced their ability to support those interest payouts by lowering taxes. Today, investors often find bonds issued by corporations that not only have better credit ratings but strong earnings to support their debt payments. As government borrowing continues to spiral out of control, corporate bonds look even more attractive. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Time vs Timing One of the great investment myths, is that really smart investors can consistently buy at the bottom. The chances of doing that with any regularity, are between slim and none. If you bought an Exchange Traded Fund that tracked the Dow Jones Industrial Average, your odds of buying it, at a one time low, are only 3%. The big money is made investing in a great company at a fair price and then continuing to add to it over time. Picking winners and letting them run, is how money grows exponentially. Quality and time consistently beat timing. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Getting & Staying Wealthy Getting wealthy and staying that way are two different skill sets. To get rich you need plenty of optimism and be a risk taker. To maintain riches requires paranoia and conservatism - the opposite traits, it took to build wealth in the first place. Most people are good at one but far less are competent at both. Bill Hwang was a hedge fund manager good at making a fortune. Then he unravelled and racked up $100 billion in losses. Bill Gates is one of the few good at both - making and keeping wealth. As an investor you need to have a clear picture of what you are good at and stick with it. Get help where your skills lack. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Billionaires & Sports Franchises People wonder why billionaires buy sports franchises, because, other than massaging their egos, sports teams are thought to be a money pit. Well, not so according to recent sport franchise stats, which tracked six decades of transactions across the NFL, NBA, MLB, and NHL. Team valuations have compounded at roughly 13% per year over the past sixty years. That compares with 10.5% for plain-vanilla equities. The sweetheart deals, owners get from cities desperate to keep their hometown heroes from moving elsewhere, makes team ownership very lucrative. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

aking Money with Ron Hiebert & Graham Hicks - Inflation

Making Money Minute with Ron Hiebert - Kids Need Motivation There is a reason that wealth seldom makes it past the third generation. In the real world a person gets educated for a trade or profession, starts at an entry level, and then works their way up over decades. Why do this, some ask, when you can just wait it out until you receive your big inheritance, and then live happily ever after having a good time. Kids need motivation to be a success in life. Don't let “a no strings attached,” effort free inheritance, rob your kids of the incredible opportunity to making something of themselves in life. For more information, listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Natural Gas Prices For the first time in decades, North American natural gas is moving from surplus to shortage. Demand has grown partly because of the increased number of Liquifidied Natural Gas Plants that export this super cooled fuel overseas. Our increasingly electrified world, with its EV's and data centres, is using ever greater amounts of gas to create the power needed to run them. As excess supply gets eaten up, expect prices to both rise and get more volatile - especially if we have a cold winter. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - The Radio Bubble One of the most significant inventions of the last century was the radio. Just like AI today, people knew it was going to be life changing, but in the 1920's no one had figured out how to make any money from its use. Investors piled in and pushed stocks like RCA into the stratosphere on the belief the rally would never end. By the close of the 1920's, investors came to the collective realization that profits weren't materializing and so everyone rushed to the exits at the same time in a mad scramble to sell. Stocks in the radio sector fell by 97% over the next three years. It is always different this time …. until it isn't. For more information listen to my Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Shrinking Public Markets The number of stocks that publicly trade in Canada has been shrinking for decades. In 2008, Canada had 3520 companies listed on its two major exchanges. As of the end of 2024, that number had shrunk to 2114 - a drop of 40%. This trend reflects more companies choosing to stay private rather than face the increased regulatory burden of public trading. Mergers and acquisitions, have further reduced headcount. This is a bad outcome. Most Canadians don't have easy access to private equity investments, and at the same time, their publicly traded options are shrinking dramatically. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Companies That Switch Businesses Sometimes companies jump from a dead end business, into one that is trendy and attracts lots of dollars from young, inexperienced investors. A good example is Donald Trump Media and Technology. This company dabbles in social media and crypto currency. Those activities haven‘t worked out that well, so the company is trying to buy a business that develops nuclear fusion - the same energy that powers the sun. When a company pivots from something they aren't terribly successful at to something they know little or nothing about - it is time to say goodbye. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money with Ron Hiebert & Gord Whitehead - About RRSPs and TFSAs

Making Money with Ron Hiebert & Gord Whitehead - Bomb Proofing Portfolios

Making Money with Ron Hiebert & Graham Hicks- Investing in AI

Making Money with Ron Hiebert & Gord Whitehead - Best FInancial Books 2025

Making Money Minute with Ron Hiebert - Oil Glut Currently the world is producing about 2 1/2 million barrels of oil per day more than it is consuming. That glut is expected to at least double this year, and is making investors gloomy on the sector. Lower prices means lower profits and lower stocks. But falling oil prices also have an upside. Refiners of crude increase their profits because their feedstock becomes cheaper. Lower oil prices increase consumption, which is good news for companies that transport fuel like oil tankers and pipelines. Cheaper oil prices, mean companies that consume a lot of fuel, like railroads and airlines, can lower costs and increase profits. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - AI & Your Shopping Habits As AI gets more and more consumer data about you, it can build a profile to determine how much you would be willing to pay for a product or service. This is likely to take more money out of your wallet, than make things cheaper. A recent study by Carnegie Mellon University, concluded that personalized rankings, using AI-algorithms, increased prices for consumers by an average of 29%. Customers, using Amazon's AI-powered chatbot named Rufus, were 60% more likely to make a purchase. Artificial intelligence can be a great tool, as long as we don't let ourselves be manipulated by it. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Bubbles Have An Upside Asset price bubbles often wipe out investors when they burst, but they can also present a huge upside for the economy over the long term. Take for example the fibre optic bubble in the late 1990's. Investor enthusiasm and excess capital built out so much infrastructure, that prices collapsed, taking decades of rising demand to soak up excess supply. This massive and unused data highway became the backbone that launched a technology and social media boom that has powered the economy for the last two decades. The trillions investors wasted, became the springboard for a very profitable future. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Trump & Mid Terms Canadians are concerned that President Trump still has three more years left in his term. This gives him plenty of time to damage our countries economy with his aggressive trade policies, especially since the Republicans control the White House, the senate and the House of Representatives. The thing that could slow Trump down are the mid term US elections next November. Historically the party that holds a majority in the House and the Senate often loses a significant number of seats in the Midterms. This could give the Democrats a majority in the House and make it tougher for Trump to push through his aggressive trade plans. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Copper Used In Data Centres Growing demand for copper is coming from an unexpected source. Huge data centres, such as the ones using Nvidia's high end computer chips, can cost a billion dollars and need up to 50,000 tons of the orange metal per facility. With copper prices over $13,000 per ton, the price tag for the metal used in just one of these mega data centres for its computers, heat exchangers and wiring can run up to $60 million dollars. Copper is another way to profit from growth in AI and data centres. For artificial intelligence to work, they are going to need a whole lot of it. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.

Making Money Minute with Ron Hiebert - Confidence Is A Mirage When humans are certain about a positive future event happening, they tend to invest aggressively. In the last quarter century, there were three periods when investors were super enthusiastic, preceding the tech bubble in 1999, prior to the Great Financial Crash in 2007-2009 and before the COVID outbreak in 2021. The bear market that followed each, took stock markets down 49%, 56% and 33% respectively. Feeling confident in the future is an emotion. Seeing nothing but clear skies and unlimited opportunity can be a mirage. High confidence is often a sign, just the opposite will happen. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.