Our Sympathy Firstly let us express our shock and horror of the triple disasters that have struck Japan. The extent of the devastation is hard to comprehend, even with all of the graphic pictures and videos. Each picture is worse than the previous in visualizing just how extensive the disaster has been. Our feelings go… Continue reading The Effect of the Triple Japan Disaster
Author: Larry Cyna
Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele.
He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section.
He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants.
He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm.
Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.
Capitalism Needs Tweaking – Point #6 of 10 – The duty on leaving the private (or public) sector for the other.
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 6th of… Continue reading Capitalism Needs Tweaking – Point #6 of 10 – The duty on leaving the private (or public) sector for the other.
Market Volatility
Market Volatility There remains much fear in the markets. Much has been written about the debts of Western nations (read our recent blog) and instability. Recently, there have been a number of articles about China’s inflation, and also fears raised about the terrible tragedy of the earthquake and Tsunami in Japan. Let me summarize much… Continue reading Market Volatility
The Surprising National Debt Figures
Some Comparisons of projected general government debt for 2011 (source IMF October 2010) Spain – 70% Germany – 76% United Kingdom – 82% Portugal – 87% United States – 99% Ireland – 101% Italy – 119% Greece – 139% Japan – 234% A bit shocking isn’t it. Of course this isn’t the entire debt, only… Continue reading The Surprising National Debt Figures
We are at the Beginning of the Next Economic Boom
We have written about this subject often. Perhaps it is time to start our new season by stating the obvious. The economy goes in waves – waves of prosperity, created by a new technology, or new advance, or some realization. Who Participates and Who Does Not This new cycle then gains momentum and strength. Those… Continue reading We are at the Beginning of the Next Economic Boom
Judging Mutual Funds – Who Manages the Mutual Fund
We have returned from vacation. Mexico, as always, is a wonderful place to visit. The people are friendly, the culture is warm and welcoming, the sun is shining, and business, mining and foreign investors are welcome. Mexico is one of our favorite places to visit and to invest. There are enormous reserves of precious metals… Continue reading Judging Mutual Funds – Who Manages the Mutual Fund
Oil – The Only Way is UP *** Vacation Time – Blogs start again in March ***
Oil is a Barometer of Economic Times as is Gold Standard & Poor’s downgraded Japan’s sovereign debt rating last week. It was the first cut in Japan’s rating in nine years. Japan now joins Greece, Ireland, Portugal, Spain — all of which have been downgraded. Everyone is also looking toward the U.S. fiscal situation, given… Continue reading Oil – The Only Way is UP *** Vacation Time – Blogs start again in March ***
TSX LSE Merger shouldn’t happen, How the LSE Regards the deal, Riots in the Streets, Political Doublespeak
Further to my 3 blogs opposing the proposed merger between the TSX and the LSE, I received a release today from TD Waterhouse where I am a subscriber. I quote it as it points out the irony of the prospective that the TSX might disappear if a merger occurs. “Commodities put Canada in the driver’s… Continue reading TSX LSE Merger shouldn’t happen, How the LSE Regards the deal, Riots in the Streets, Political Doublespeak
Gold, Silver & Base Metals
Have Gold & Silver Started to Fall in Price? The current thought in the US and most of the world is that the debt crisis is abating (as we said so long ago), and in the early part of 2011, the price of gold, silver and metals has slipped a bit. January was not a… Continue reading Gold, Silver & Base Metals
An Examination of the TSX LSE “Merger” – Continued
The Shining Example of the Canadian Banks If you ask people around the world, who best survived the 2008 economic meltdown, the universal answer is the Canadian banks. They remained solid, financially stable, and essentially protected the Canadian economy. This should be a lesson to the Canadian government. All the foreign companies pulled back their… Continue reading An Examination of the TSX LSE “Merger” – Continued