December 14, 2022 | Cooler CPI and The Crowd Goes Wild

Fourteen years of ever-easier money has reared a generation of mindless financial allocators and gambling preoccupations. Whatever this is, it’s not investing, and the costs of waste and mal-investment will be with us for years to come. Patience and self-discipline remain the best antidotes to destructive madness and mania. Danielle raises an interesting point in […]

December 13, 2022 | The Central Bank Dilemma

  The Central Bank Dilemma has become a major crisis in and of itself. I have been warning these past years that the ONLY tool a central bank has is manipulating the interest rates. Quantitative Easing was primarily to influence long-term rates indirectly since the Fed can only set short-term rates. During the past nine […]

December 13, 2022 | Lower Inflation is Good, but Not Bullish For Risk Markets

November US CPI at 7.1% year over year was .2% lower than the 7.3% consensus forecast. Excluding food and energy, the consumer price index rose 0.2% in November (compared with .3% expected and was the smallest advance in 15 months), up 6% from a year earlier. Every sector showed a smaller increase in November than […]

December 12, 2022 | The Hypocrisy Behind the Vaccines

COMMENT: Am I just outright stupid, or is something seriously wrong with the majority of people? Bill Gates had his summit on overpopulation and how this is a serious crisis. Yet then he claims he can reduce disease and save the population with vaccines. Gates especially seems to want to save humanity which he on the […]

December 12, 2022 | A Pause, But Not a Pivot

To no surprise, the Bank of Canada raised rates again this past week. Another 50bps. Interest rates are now up a whopping 400bps since this tightening cycle began in March. According to Macquarie Research, this is the sharpest calendar year of rate hikes on record going back to 1936. The most common rebuttal you see […]

December 12, 2022 | Inflationary Pressures Moving Lower with Demand and Prices

Demand destruction is weighing on prices globally as financial conditions tighten. It’s not just interest rate increases three times faster than historical norms, an estimated $750 billion is running off of global central bank balance sheets monthly as the massive 2020-22 QE injections now reverse. Notwithstanding new sanctions on Russian oil and continued production cuts […]

December 11, 2022 | China & the Cycles

The Tiananmen Square protests culminated on June 4th, 1989 (1989.424). While the COVID Protests have been rising in China and the lockdowns have been deployed more so for the control of civil unrest which may start to come to a head by October 2023, the Pi Target was October 27th, 2020 and the day before, […]

December 11, 2022 | $AAPL – Apple Computer (Last:142.18)

AAPL looked like hell last week, stopping out the point ‘C’ low of a weak bullish pattern, but making little headway on the obligatory bounce.  Desperation will not provide the distribution opportunities its handlers seek, but their one good trick  — gapping the stock down on the opening in order to exhaust sellers — hasn’t […]

December 10, 2022 | Trading Desk Notes For December 10, 2022

Crude oil and gasoline prices hit 12-month lows WTI, Brent, and Nymex gasoline front-month futures traded at their lowest prices in twelve months this week. Crude oil intra-market spreads also demonstrated weakening demand, with nearby months now in contango (prices for deferred delivery are higher than spot prices) after more than two years of backwardation. Share […]

December 10, 2022 | This Week in Money

• Ross Clark –  Gold, Bonds, USD, Oil
• Victor Adair – (08:49) Dow, USD, Inflation, Recession
• Rick Ackerman – (42:19) What’s Ahead For 2023, Interest Rates, Energy, USD, Deflation

December 9, 2022 | How Big Are the Fed’s Losses and Where Can We Go See Them?

A collapse-chart has been making the rounds in the social media, financial blogs, and the like. It’s being handed around without context, as if self-explanatory, sort of like, look, the world is collapsing. It’s from the St. Louis Fed’s data depository. The title of the chart says, among other things, ominously, “Liabilities: Remittances Due to […]

December 9, 2022 | The Central Bankers Resort To Wishful Thinking

The Bank of Canada resorted to wishful thinking this week while raising interest rates again and hinting that this increase might be the last one. The Bank of Canada (BOC) raised rates this week by 50 basis points. The prime rate at Canada’s banks almost immediately jumped by the same amount to 6.45 percent. In […]

December 9, 2022 | Elon Musk is Exposing the Sheer Hatred of the LEFT

Many people are starting to say that Elon Musk should run for president. Musk was born and grew up in Pretoria, South Africa. He has now become the richest man in the world worth around $171 billion. He cannot run for president since he was not born in the USA. He is exposing the corruption […]

December 9, 2022 | Crypto Exchanges Not the Only Ones Limiting Withdrawals

Apple trying to move production out of China

December 8, 2022 | Rosenberg: 2023 outlook

David Rosenberg, founder and president of Rosenberg Research, joins BNN Bloomberg to discuss his outlook for the Canadian economy amid rising rates. Rosenberg says the Canadian economy will receive the payback from the BoC’s tightening cycle, and he expects a recession to occur next year. Furthermore,Rosenberg adds the BoC could be forced to cut rates […]

December 8, 2022 | Real Estate Down & Dirty

  QUESTION: I want to thank you for Socrates. It picked the turn in the real estate in January amazingly. Do you see the high-end and regional divergences continuing? WH ANSWER: Yes. The Directional Change for 2021 was spot on. Our index began declining in January 2022 anticipating the first rate hike on March 17, […]

December 8, 2022 | Interest Rates, Inflation, Gold, Silver, USD

Russia vs. Ukraine, Volcanoes, Geo-cosmic Events.  Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

December 8, 2022 | Canada’s Bursting Real Estate Bubble, Higher Interest Rates and the Economy

Tesla and Twitter

December 8, 2022 | Canada Recession in 2023?

Interest Rates, Mortgages, Auto Sales, EVs

December 7, 2022 | Bank of Canada Will Pause as Financial Conditions Tighten in 2023

The Bank of Canada raised policy rates another 50bps today, taking base rates in the banking system to 4.25% from .25% at the start of the year. As we look into 2023, it bears remembering that monetary changes move through the economy with lags of up to two years. The Bank of Canada explains on their […]

December 7, 2022 | Yellen Direct IRS to Audit Everyone for $600 Transactions Anyway

I really do have to wonder if my dog is smarter than most Americans who seem to have just lost their minds. My dog makes connections, anticipates what I will do, and studies my habits to predict and respond. I never knew a dog was really smart. She has learned numerous words and I have […]

December 6, 2022 | The COVID Scam Continues

  Data from the Centers for Disease Control and Prevention (CDC) showed that vaccinated and boosted people made up most of the COVID-19 deaths in August. EVERY person I personally know who has had problems from blood clots to being rushed to the hospital was vaccinated. I went to get my hair cut, yes what’s […]

December 6, 2022 | The Bulk of Losses Come After The Fed Stops Hiking

December 14 is expected to mark the US Fed’s 7th consecutive rate hike this cycle with a 50bp increase that will take the fed funds rate to 4.25-4.50%, the highest since December 2007. Chair Powell says they intend to hike more in 2022. We shall see! As of last Friday’s close, the 10-year minus 3-month […]

December 5, 2022 | $80 Trillion Derivatives Market

The Bank of International Settlements (BIS) has warned in its latest quarterly report that there are $80 trillion dollar in off-balance sheet dollar debt in the form of FX swaps. This has involved pension funds and other ‘non-bank’ financial firms. What they do not explain is that each “debt” has a counter party that has […]