October 8, 2022 | Trading Desk Notes For October 8, 2022

WTI crude oil soared ~$17 (22%) from last week’s low to this week’s high/close Front-month WTI futures closed ~$76 on Monday, September 26 – the lowest level since the first week of January. The damage to the Nordstream pipelines was discovered that day. Since then, prices have rallied sharply and closed this week at ~$93.30. The […]

October 8, 2022 | This Week in Money

• Ross Clark –  Stock Markets, USD, Crude Oil, Gold, Silver
• Robert Campbell – (09:52) The Fed, Real Estate, Commodities, Gold, Health and Fitness
• Ray Merriman –  (1:11:08) Financial Astrology, Market Cycles

October 7, 2022 | OPEC Cuts Crude Oil Supply Again

OPEC cuts oil production by another 2 million barrels per day, adding to upward pressure on the crude oil price. Will OPEC keep control of the market for crude? On October 5, 2022, OPEC+ announced another 2-million-barrel reduction in crude oil production. OPEC+ refers to the OPEC members plus other large producers who are not […]

October 7, 2022 | Timing the Markets – Including Real Estate

  As many of my followers know, I use chart patterns and momentum to help make market timing decisions. To illustrate, look at the chart of the US Dollar Index that is featured above. As a result of the Fed raising interest rates to fight inflation, the US Dollar Index has risen 15% in the last […]

October 7, 2022 | Problems in Bond Land

Just how safe is your pension?

October 7, 2022 | US National Debt Reaches Historic High

The US national debt has reached a historic high under Biden after surpassing $31 trillion. The national debt has always been chaotic as politicians push spending agendas with no plans to pay their debts. The only time the national debt was paid in full was in January 1835 under President Andrew Jackson. The US fell […]

October 6, 2022 | The Japan Outlook

QUESTION: Marty, I greatly appreciate all you do to try to prevent this war cycle. You have said many times Socrates beats you. With missiles flying over Japan here, what do you see ahead? AS ANSWER: Nice to hear from you. It does not look very good. A year-end closing below 6805 will warn of a major […]

October 6, 2022 | Remember, USD Love is Cyclical Not Permanent

With most assets dropping in 2022, the US dollar (DXY) has been a rare standout, up 25% against a basket of global trade currencies since December 20, 2020, and 17% year to date. As with most trends, it’s common for humans to expect the status quo to continue indefinitely. Nothing ever does. After bouncing for […]

October 6, 2022 | Could Stock Markets Test March 2020 Lows?

Pot in the US, Gold, Cryptos, Geo-cosmic Events.   Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 6, 2022 | Interest Rates, Inflation, Gold, US Dollar

Crude Oil, Gasoline, Commodities

October 5, 2022 | Poland Goes Nuclear as NATO Breaks Past Promises

The war in Ukraine escalated as a direct result of NATO’s interference. Russia felt backed into a corner, on the defensive, and felt it had no choice but to invade Ukraine in response to heightened tensions with NATO. Even the pope came out and said that NATO was antagonizing Russia by “barking at the Gates […]

October 5, 2022 | Housing Bubble Woes: Mortgage Demand Plunges, Rates Near 7%, Spread Between Mortgage Rate & 10-Year Treasury Yield Blows Out Most since Dec. 2008 and 1986

In the week ended September 30, demand for mortgages to purchase a home plunged by 13%, seasonally adjusted, from the already beaten-down levels in the prior week, according to the Mortgage Bankers Association today. Compared to the same week last year, purchase mortgage applications dropped by 37%. They fell through the lows during the lockdowns […]

October 4, 2022 | Trump Sues CNN

Former President Trump has filed a defamation lawsuit against CNN. It is of no surprise that the network repeatedly bashed the president before, during, and after his presidency. Trump’s attorney claims the network “has sought to use its massive influence — purportedly as a ‘trusted’ news source — to defame the Plaintiff in the minds […]

October 4, 2022 | Fed Intent on Crushing Inflation

Danielle DiMartino Booth, CEO & Chief Strategist for Quill Intelligence, is joining us today. She was a former advisor to the Dallas Federal Reserve during the great financial crisis, working with Richard Fisher, and she’s author of the book Fed Up. Here is a direct video link.

October 3, 2022 | Conditions Intensifying

It seems that every important factor I follow in silver is intensifying and becoming more bullish. The most important factors in silver are wholesale physical market conditions; the futures market structure on the COMEX; the physical silver and gold holdings of interests associated with JPMorgan; developments in the short position of SLV, the big silver […]

October 3, 2022 | No Average Climate

Everywhere today, conversations are being had about what is happening in asset markets and the economy. Many people are in varying degrees of concern, alarm, and distress. Few are yet in a panic. History assures us that they will be. While 60.9% of investors surveyed in September were bearish in sentiment, as shown below courtesy […]

October 3, 2022 | Canadians Not Willing to Hand Over Guns

The Trudeau Administration wants to eliminate all freedoms. Provinces are fighting back at Trudeau’s gun confiscation, deemed a “mandatory gun buyback” for assault rifles. As usual, the government put this plan in place without a plan for enforcement. Two years ago, Alberta Premier Jason Kenney, in the video above, explained that firearm ownership is already […]

October 2, 2022 | Currency Crescendo

Big problems usually begin as small problems. We see that in nature, where small disturbances become hurricanes, and we see it in the economy, too. So, it shouldn’t surprise us if the economic disturbances of the last years compound into something bigger. Going into 2020, we already had over a decade of global monetary and […]

October 2, 2022 | Investment Advice from a Millionaire Barber

[Louie Piro, my barber when I lived in Mountain View CA shortly before Google arrived, became a multimillionaire with a simple investment strategy. I thought of him the other day when a Rick’s Picks subscriber wondered aloud in the chat room which investments are most likely to prosper in the recessionary hard times that Americans will soon […]

October 2, 2022 | The Federal Reserve is Raising Rates – Get Used to It

The title speaks for itself. The Fed is going to continue raising rates until inflation shows notable improvement. Some still question whether the Fed will ease on its hawkish policies, but there is absolutely every indication to believe they will continue at full speed. Core PCE rose 4.9% in August from the year prior and […]

October 1, 2022 | Trading Desk Notes For October 1, 2022

“The most important thing” for the financial markets the past few months, and especially for the last three weeks, has been the realization that the Fed is DETERMINED to get inflation down and “break the back” of future inflation expectations. Credit markets US bond yields YTD have had the steepest rise ever – with 2/3 of the move […]

October 1, 2022 | This Week in Money

• Ross Clark –  Stock Markets, USD, Canadian Dollar, Oil, Gold
• Martin Straith – (13:35)  Stock Market Panic, Interest Rates, Inflation
• Wolf Richter – (41:07) Real Estate, Interest Rates, Autos
• Shaheem Ali – (1:14:35)  CFO, RecycLiCo™ Battery Materials Inc. on Company Showcase – Turbulent Times and the Road Map Ahead. We are now RecycLiCo™ Battery Materials Inc.  Read the Latest News. Read Global Newswire Article – “Outlook on the Battery Recycling Global Market to 2027 – Featuring American Manganese, Aqua Metals, Doe Run, Fortum and Gopher Resource Among Others“.  Read Grist Article – “The Senate’s Bipartisan Push for EV Battery Recycling“.  Read Lifewire Article – “The Dirty Problem With Electric Vehicles? Mining for Batteries“. See RecycLiCo™ Battery Materials Inc. Presentation – July 2022.

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