October 15, 2022 | Trading Desk Notes For October 15, 2022
Will the Fed pause/pivot before or after “something breaks?” The Fed is determined to continue tightening monetary policy until inflation falls. Stocks and bonds have fallen sharply, and the US Dollar has soared as inflation has remained “hot” despite the Fed’s continued efforts. The market “knows” (and we assume so does the Fed) that “something will break” as a result of […]
October 15, 2022 | The Plot to Seize Russia
The latest book, The Plot to Seize Russia, will be handed out at the WEC. This work has been made possible by the declassification of the documents from the Clinton Administration. This book contains even the transcripts of phone calls between Yeltsin and Bill Clinton thanks to the Freedom of Information Act. This book will […]
October 15, 2022 | This Week in Money
- Ross Clark – Stock Markets, Volatilty, USD
- Martin Armstrong – (11:30) Panic Cycle, Bank of England, Inflation, Increased Death Rate
- Victor Adair – (1:06:47) Gold, Interest Rates
October 14, 2022 | Canadians Beware
QUESTION: Martin If we are going to have a war is my money safe in my Canadian banks, or should I have some cash? Regards ANSWER: Canadians should keep some US dollars in cash. Trudeau canceled high-value notes. As of January 2021, he obtained the power to cancel Canadian currency as they do in Europe. Once […]
October 14, 2022 | Canadian Real Estate Speculators Feel The Heat From Higher Rates
Homeowners and real estate speculators in Canada are already feeling the heat from interest rate increases that have had the effect of tripling mortgage interest for some people. A petition was started in protest against higher rates, and by Thursday October 13, 2022, had gathered over 15,800 signers. This makes the petition one of the […]
October 14, 2022 | EPB Macro: October 2022 Monthly Cyclical Trends Update
EPB Macro does an excellent job of summarizing key trends in economic and market data. The latest Monthly Cyclical Trends Update: October 2022 is out today for subscribers only, but Eric has generously allowed me to share the video overview with my readers below. Twenty-one minutes worth watching. The [Monthly Cyclical Trends Update] is a once-per-month, […]
October 14, 2022 | Stand Up and Make a Difference
If you are tired of witnessing silver (and gold) continuing to be manipulated in price, here’s a no-cost, no-risk, high potential return action you can take that will only involve a few minutes of your time. Quite literally, there’s absolutely nothing to lose and quite a lot of potential good to be had. The Commodity […]
October 14, 2022 | Financial Excesses, Financial Hits
No recession in the super yacht business
October 13, 2022 | Follow The Money, BC Politicians Not Doing Their Job
- Bill Vander Zalm – Covid, Climate Change and Total Control of the People
October 13, 2022 | Pfizer Never Tested the Vaccine Against Transmission
Socrates has been predicting a downturn for Pfizer’s stock. Could this newly released admission be one of the culprits? A senior Pfizer executive, Janine Small, testified before the European Parliament’s COVID committee. When Dutch MEP Rob Roos asked about the vaccine’s ability to prevent transmission, Small revealed a well-kept secret. “Did we know about stopping […]
October 13, 2022 | Services Now Drive Inflation: Worst in 40 Years Services CPI & “Core CPI” Show Inflation Is Entrenched in Broad Economy. Some Goods Prices Fall, Gasoline Plunges
Nearly two-thirds of consumer spending goes to services. And they’re now the driver of inflation. The CPI for services spiked in September for the 13th month in a row, and by the most since 1982, and it accelerated month-to-month. Housing costs spiked, but also all kinds of other services, such as health insurance (+2.1% month-to-month […]
October 13, 2022 | San Francisco Exodus
Tens of thousands of people are fleeing San Francisco, due in large part to the city’s problems of increasing crime and homelessness, U.S. Census data and local polling shows. San Francisco County lost 6.7% of its population, or 58,764 residents between April 1, 2020, and July 1, 2021 – according to a March 2022 report […]
October 13, 2022 | Trading in Volatile Markets
When will the Fed stop hiking interest rates? Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
October 13, 2022 | Does the Fed Really Need to Hike More?
People not acting like recession is around the corner
October 13, 2022 | Will Cash Survive a Move to Digital Currencies?
US hitting 40 year inflation high
October 12, 2022 | Noncitizens Encouraged to Vote
This is yet another reason why voter identification is crucial. We show identification at the airport, DMV, and even at the doctor’s office. There is absolutely no reason that we should not prove our citizenship via identification when we vote on policies that impact the direction of our country. Democratic Secretary of State Jena Griswold’s […]
October 12, 2022 | The Everything Bust Will Take Some Time
Yesterday, Canada’s TSX stock index closed at 18,215, breaking below its previous July low of 18,329. As I noted in Tech leading lower, the February 2020 high of 17,944 is the next price test on deck for the TSX. As of today’s open, the Canadian benchmark is -18% since March and just 1.5% above where it […]
October 12, 2022 | America Quietly Prepares for Nuclear War
I mentioned in a prior post that the US was purchasing anti-radiation medication. The media is urging the public not to fear as this is simply a precaution. Yet, the US would not have shelled out $290 million on a drug if the intelligence agencies did not fear the potential of a nuclear attack. The […]
October 12, 2022 | US Dollar, Interest Rates, Inflation, Real Estate
Politicians, Regulators and “Insider” Trading
October 11, 2022 | Waiting For a Pivot
More housing data trickling out of Canada’s two largest major metros. Greater Vancouver home sales fell 46% year-over-year. It was one of the slowest Septembers on record, other than 2008, 2012, and 2018. Prices are still moving lower, albeit mostly in suburban markets which saw excessive price gains during the pandemic. For example, the median […]
October 11, 2022 | Self-Dealing is Rampant and We Keep Paying For It
Self-dealing is when a fiduciary acts in their own best interest in a transaction. It is text-book corruption and apparently widespread among government and regulatory representatives on the left and the right. Undermining objectively determined policies and the rule of law is indefensible and socially destructive, so why do we tolerate it? See Government officials invest in companies […]
October 10, 2022 | The Bank of Canada Should Admit QE FAILED
In 2020, Pierre Poilievre, chief Conservative spokesman on finance issues, said Canada’s central bank “should not be an ATM for Trudeau’s insatiable spending appetites.” Conservatives cooperated with the Liberals when it came to COVID-19 emergency spending. Everyone was in on that power grab. Now the nation is in worse shape, further in debt, and inflation […]
October 10, 2022 | Tech Leading Lower
Technology shares led overall markets higher from 2020 through 2021 as government hand-outs, low-interest rates, and spare time enabled both a retail spending boom and a gambling frenzy in financial markets. From the March 20, 2020, COVID crash lows of 6,879, the tech-heavy Nasdaq composite index broke through 10,000 by July 2020 (not 3 months […]
October 10, 2022 | What Rough Beast Cometh?
A pen-pal from the world of very high-tech inventions is a self-described ‘collapsitarian’. He wrote me recently to say he enjoys these weekly screeds for their relentlessly glum insightfulness. (For your information, he is 50% in cash, 25% in gold, and 25% short stocks.) Longtime readers will know that I seldom shout ‘The Sky Is […]
October 9, 2022 | Russia v USA
Reports are coming in from a protest in Moscow against the United States after the Ukrainian attack upon the Crimea Bridge Saturday. Russians are calling for nuking Washington DC. No matter what country you go to, there is always going to be a pro-government and an anti-government position. The Ukrainian propaganda keeps claiming that some […]