June 10, 2021 | Inflation Charging Along But For How Long?

Cryptocurrencies not as untouchable as many think

June 9, 2021 | America’s Inflation Explained

YOUGHAL, IRELAND – “Pity the American small business owner… ” writes Dear Reader H.R.E.: “I’m dealing with it as a landlord. Can’t get parts and materials and can’t get labor. Both cost more than ever. Plumbers at $300 per hour. AC guys closer to $500 per.” Small Business Optimism Drops on Labor Shortage and Inflation […]

June 9, 2021 | Bad Prices are Capital Enemy Number One

Wishful thinkers maintain that this cycle is different. Fundamental investment measurements (Price to Earnings, Price to Sales, Price to Book, etc.) are old-school irrelevant in a brave new world of technological disruptors and fee-free momentum traders.  But those of us who have lived through a few cycles and retain financial history can’t help but note […]

June 9, 2021 | Vaccinated People told Not to Travel?

  We are starting to come full circle. Now airlines in Spain and Russia are warning people who have been vaccinated should not travel. Indeed, COVID-19 vaccinated people can be excluded from air travel! That was the headline of a Russian online news portal. There are a number of news articles coming out a warning […]

June 9, 2021 | A Pox on Them

A year ago 60% of BCers said heaping more taxes on real estate would make it less expensive, proving many people will believe anything if told it often enough. This year that number is down to 42%. House detached house prices in YVR, meanwhile, have hit $1.8 million, up 23% since last May. As we […]

June 9, 2021 | With A Declassified Pentagon UFO Report To Be Released In Late June – Are Space Tech ETF’s MOON And UFO The 21st Century’s DOT COM Boom?

Disruptive technology and science has become one of the biggest driving forces in global market acceleration over the past 20+ years.  Many of you remember the DOT COM rally and how that technology disruption, even in an infancy stage, dominated market trends. Now, 20+ years later, many of the same technology companies that got started […]

June 9, 2021 | Mainstream Media Welfare and Bill C-10

• Kris Sims – City of Vancouver vs. the Car

June 8, 2021 | Big Pharma Is Back! Biotech Skyrockets On Biogen’s New Alzheimer Drug Approval – But What Does BAN Say?

The FDA issued an accelerated approval status for Biogen’s new Alzheimer drug with specific requirements related to consumer use and results.  In these cases, the FDA is allowing Biogen to move into a more open consumer trial where the results and side-effects of this new drug will be identified fairly quickly. This new drug targets […]

June 8, 2021 | Consumer Inflation: Why Prices Rise

YOUGHAL, IRELAND – In matters of technology and material progress, we discover new things all the time. But in love, central banking, and the rest of life… we discover the same things over and over. And what Americans are likely to re-discover in the months ahead is the Quantity Theory of Money, or QTM. Quantity […]

June 8, 2021 | The Saretsky Report – May 2021

Let me paint a picture for you. Last May, at the onset of the pandemic, economic and housing activity completely shuts down. The world goes into panic mode. In an effort to prevent an economic depression and a wave of defaults, the government along with the central bank, decide to essentially print money and hand […]

June 8, 2021 | Let’s Worry

Kelowna has its charms. Hills. A big lake. Aquatic monster. The barmaids at Joey Restaurant. This BC town also looks like Mississauga in a Tommy Bahama shirt and has a real estate market just as nutso. As prices in the 905 have gone ballistic thanks to the unaffordability of Toronto, so has Kelowna erupted thanks […]

June 8, 2021 | Crypto Reality Check: Not Stable, Secure or a Hedge

The 50% drop in Bitcoin and other cryptocurrencies over the past month has shown, yet again, that they’re not the stable store of value that proponents wish they were.  Then, overnight, we have further confirmation that they’re also not secure. U.S. officials managed to recover most of the ransom paid to hackers that targeted Colonial […]

June 8, 2021 | Fauci Undermining the USA on a Global Scale

  COMMENT: Marty; I just had to express my gratitude for everything you do. You nailed this Covid-pandemic from the beginning and you were the first to publish on the Wuhan Fauci link. What has impressed me was it is now here on Sky News that Fauci was worried about a leak in February 2020 […]

June 8, 2021 | Could Crude Oil Hit $77 Per Barrel?

Bitcoin, Gold, Silver, Platinum

June 8, 2021 | Do Slumping Sales Cause Rising Prices?

Government Grants and Loans to Home Owners

June 8, 2021 | Canadian Credit Card Debt Down, But……

Tesla bails on its Plaid Plus Car

June 8, 2021 | Bitcoin in a Downward Spiral

Gold showing why it’s dependable

June 7, 2021 | The Gold Rush

The Canadian labour market disappointed for a second straight month, this time shedding 68,000 jobs in May according to Stats Canada. This pushed the unemployment rate back up to 8.2%. If the Bank of Canada was looking for some air cover in order to maintain current stimulus measures, look no further. Sure inflation is running […]

June 7, 2021 | Canadian Malinvestment Undermining Strength and Stability

Further to Wilful Blindness, first-quarter GDP data published last week shows that residential ‘investment’ reached nearly 9% of Canada’s GDP while business investment has plunged (both below since 1960). This is not the stuff of productivity growth.  This is the stuff of heavily indebted households that need to spend less and save more (pay down debt […]

June 7, 2021 | Truths

So 68% of the herd is dosed in Canada, at least partially. Provinces are pushing for 75% (Ontario) or 85% (NS) within a few weeks. Reopening will be faster, wider and wilder than seemed possible even weeks ago. Covid will go from pandemic to just endemic. Like the flu. You won’t hear daily case counts […]

June 6, 2021 | Oh Lordy, Yellen Comes Out for Higher Interest Rates: “A Plus for Society’s Point of View and the Fed’s Point of View”

Starting in 2018, President Trump harangued and hammered Fed Chair Jerome Powell to end Quantitative Tightening and to cut interest rates, and Powell buckled and did his infamous “180.” And now suddenly – unless this gets walked backed again tomorrow – we’ve got the opposite. Treasury Secretary Janet Yellen said in an interview with Bloomberg […]

June 6, 2021 | Enjoy Inflation While It Lasts

If we’d known the pandemic would trigger the most reckless monetary blowout in history, could anyone have imagined that the U.S. dollar a year later would have fallen by just 14%? That doesn’t even qualify as a bear market, just a middling correction of a powerful bull run begun in 2008, a year ahead of […]

June 6, 2021 | Reptilian

Days ago this blog told you about Willow. That’s the outfit seeking to establish a fund which will buy real estate with 100% funding (mortgages and crowdfunding) then pay unit-holders an undetermined return. Willow will make money from real estate fees, transaction charges and a 1% MER. Then it will go to an IPO in […]

June 6, 2021 | Technology Rules

Macroeconomic forecasting is too politicized. I don’t mean that in a partisan sense, though it may be so. The bigger problem is that forecasters spend most of their time thinking about central bank decisions and government policies. In the long run, those aren’t the most important factors. Not even close. What really drives economic progress […]