134 Comments

  1. Catherine and John I find that I look forward to traveling on Thursday’s so I’ll have time to catch your podcast while it’s current. One of the things that drew me to your website was that you challenge your audience to be critical thinkers. I was surprised with your reaction to the flooding along the Yellowstone River and taking the responsibility from the homeowners and putting it on developers and municipalities. If someone is intelligent enough to make millions in one industry why aren’t they expected to be intelligent enough to do some research and use their God given intuition to choose a safe spot for their home? My brother and I are second generation owners of a highway/heavy construction company. We’ve worked on many flood mitigation projects in our careers. We continually scratch our heads wondering why someone would choose to build a beautiful house inside a levee, why someone else would insure it and why are taxpayers (many who chose to live on safe ground) paying for us to fix the levee? I will agree that taking monies out of local hands and moving them to the federal level has perpetuated our misuse of funds as a society. The answer isn’t more regulation by some unelected zoning commission. It’s having personal responsibility for our individual spending. The wise man builds his house on solid rock!

    1. I agree that it should be an individual’s responsibility. However, this kind of building can create lots of mess, bad PR and expense for the neighbors and mumicipality – so where they can exercise the denial of approval or a warning, seems to me they have an obligation to do so.

  2. Has anyone heard of the money sharing app ZELLE? I am being asked to pay for a service via ZELLE but am nervous about downloading the app on my phone. I have never used anything like this before.

      1. Thank you Catherine, Cathleen and Rich for the info on Zelle. I guess I will pass on that idea and try another way. Blessings

    3. In Calif, it was reported last week that there was some fraudulent activity with Zelle. It’s honored by many banks including Bank of America here. A local news station took BofA to task to demand repayment based on the fraud. They balked at first but I guess due to the bad PR the bank changed course and ended up repaying their customers who were subject to the fraud.

    4. Yes, I’ve used Zelle before to forward my mom money. It was thru my Dad’s Bank of America account (which I was finally able to close out). My husband also received a job payment from Zelle, which his customer wanted to use. Although it’s not something I’d want to keep on my phone.

  3. Hi Catherine! Great work! Quick question. What will happen to gold prices with the recent discovery of 31 millon tons of gold in Uganda? Worries me!
    Many Thanks!!

    1. No way to tell. My expectation is that the impact will be negligible.

  5. A month ago I signed up (from the U.S.) for an online workshop out of Canada. They could only accept payment by check from U.S. participants (which I’m more than happy to do). Today, there was a massive internet outage across Canada affecting, among other things, credit card payments and cel phone service. In other words, people couldn’t pay for anything who didn’t have cash.
    I just received word tonight from the workshop organizer that the internet was out for 12 hours today, and she questions if it will be available tomorrow.

    Welcome to the new Can’tada.

  6. Enjoyed this M & Mkt Report Catherine! John, your video which you mention on the toilet flush the Fed is doing to our U.S. Economy is right on target. If your video were a gun, you’d have the Fed/Bankers centered right in the cross hairs!! Great job on the graph overlays in that video too.

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