June 6, 2023 | US Voters Want Economic Growth over Equality

Inflation has hurt everyone. It is no surprise that a recent poll by Rasmussen Reports indicates that US voters are now prioritizing economic growth of equality. The latest survey found that 64% of voters favor policies that contribute to economic growth, while only 27% said they prioritized economic fairness. In 2019, before the last election, […]

June 5, 2023 | Real Estate, Blackrock & Dodd-Frank

QUESTION: Mr. Armstrong, I have a question about Blackrock buying up all these homes. It seems that the Dodd-Frank bill empowered Blackrock to buy up all of these homes and rent them out. Was this all rigged for their benefit? Thank you for being a rare light of truth in these dark times. ED ANSWER: Dodd-Frank Title XIV […]

June 5, 2023 | ECRI: Market “O-Shit” Moment Yet To Come

  BLS estimates (notoriously revised after the fact) boosted the May US job report more than anticipated last week. Under the hood, the actual average work week contracted to 34.3 hours and is back to January 2020 levels. If this contraction is factored into the numbers, Friday’s payroll number was negative 140,000 jobs, not the […]

June 5, 2023 | Sacrificial Lambs

  Happy Monday Morning! The Canadian economy grew at an annualized pace of 3.1% in the first quarter, surprising to the upside and trumping the Bank of Canada’s growth forecasts. Four hundred basis points and the economy still hasn’t rolled over. This is prompting calls for the Bank of Canada to move off the sidelines […]

June 5, 2023 | $50 and Beyond

The explanation for why gold and silver prices fell recently is deliberate and collusive paper futures contract positioning on the COMEX. While this is certainly nothing new for subscribers, it is still mostly outside the comprehension of a wide swath of precious metals observers and commentators (and regulators). To be sure, the paper positioning of […]

June 4, 2023 | The Great Awakening

    Full Documentary:

June 4, 2023 | $AAPL – Apple Computer (Last:180.95)

  The post-covid bull market begun in the final quarter of 2020 is running out of room, at least on the daily chart. The 184,86 target shown, a Hidden Pivot resistance, is not the highest that can be projected, but it still looks capable of restraining the charge, if only for a short while.  Sliding ‘A’ down […]

June 4, 2023 | A Much-Needed Crisis

“Crisis” is an overused word. Actual crises are those rare times when we are on the knife edge of disaster. It’s not a crisis when a bank fails, or Congress can’t agree on a budget. Those are annoyances (unless it’s your bank). While not good, they don’t spell immediate catastrophe. I’ve long been predicting a […]

June 4, 2023 | Another Look at the Financial Transactions Tax That Could Eliminate Need for All Others

A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening wealth divide to the rampant financialization of the economy, while eliminating taxes on income and sales. The debt ceiling crisis has again brought into focus the perennial gap between what the government […]

June 3, 2023 | Trading Desk Notes For June 3, 2023

Up, up and away? The Nasdaq 100 futures had their highest weekly close this week since March 2022, up ~32% YTD; the S&P 500 index had its highest weekly close since April 2022, up ~11% YTD, while the DJIA had its highest weekly close since…last month, and is up ~2% YTD (imagine what the DJIA would […]

June 3, 2023 | This Week in Money

• Ross Clark –  Stock Markets, US Jobs Report, Uranium
• Victor Adair – (11:31) High Tech, Energy, Gold, USD, Canadian Dollar
• Bob Hoye –  (50:05) AI Mania, Business Headlines

June 3, 2023 | Tech Talk for Saturday June 3rd 2023

The Bottom Line U.S. and Canadian equity indices and related ETFs ended the week with improving technical profiles, typical of their historic trend to the first week in June. They also have a history of moving lower between now and the last week in June. News to watch this week! Frequency of corporate earnings reports […]

June 3, 2023 | Danielle on Living Your Greatness Podcast

Host Ben Mumme is a truly impressive millennial. A former provincial and national water polo athlete, Ben is a college professor, coach, graduate student, and the host and producer of the Living Your Greatness podcast. Ben also authors the weekly Living Your Greatness newsletter focused on wisdom, timeless insights, and inspiring stories of world-class living legends. Go, Ben! […]

June 2, 2023 | Artificial Intelligence is Generating a Stock Market Frenzy

The latest investment hype is based on widespread investor interest in Artificial Intelligence (AI). Nvidia, a company that makes computer chips for AI, is trading at huge multiples of earnings that have only been seen in extreme bubbles like the dot-com era of 1999. Is AI a genuine investing opportunity? AI is generating a frenzy […]

June 2, 2023 | People We Should know: Caitlin Johnstone

Sometimes you have to be outside a situation to see it clearly. And never has that been more true than with today’s late-stage, decadent, pseudo-capitalist global order. Libertarians, who are emphatically not part of the fiat currency/fractional reserve money system, understand that this financial arrangement is a recipe for disaster. What remains of the left, […]

June 2, 2023 | Mind The Pause

Last night a debt-ceiling bill passed in the US House of Representatives and is expected to clear the Senate within the next day or two. Unsurprising, they have passed over 100 of these increases in the last 80 years. More significant is the contractionary impact on the money supply. Over the past five months, the […]

June 1, 2023 | Dead Man Walking?

  [Taken from May 2023 Timing Letter] Is the U.S. economy a dead man walking? As illustrated in my May 2023 Timing Letter, U.S. money supply (M2) is falling at its fastest year-over-year rate since the 1930s, and is sending a highly negative signal for the economy, stocks, and real estate. Historically reliable recession indicators […]

June 1, 2023 | Negative-Carry Rentals Typical in the GTA

In 2020, Greater Toronto Area condo investors who bought a unit with a mortgage cleared $63 a month in net rent, on average (before any needed repairs). In 2022, they lost $223. Fourteen percent of condo owners lost $1,000 or more monthly (CIBC report). Parsing the numbers further, in 2022, more than 80% of resale […]

June 1, 2023 | Poilievre Reminds Trudeau of His School Sex Scandal

Pierre Poilievre may have momentarily humbled Justin Trudeau after knocking him off his high horse. Poilievre demanded answers regarding inflation in Canada, specifically the growing costs of groceries. Trudeau wants to increase the carbon tax by over C$0.40 cents per liter to C$0.61 cents, guaranteed to increase the costs of essential items at a time […]

June 1, 2023 | Is the Rush to AI a “Bull Trap”?

Will new life be injected into Gold this summer?  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

June 1, 2023 | Condo Investors are in Big Trouble

Is AI mania distracting from stock market problems?

June 1, 2023 | Will AI Set Up a Dot-Com Type Bust?

Gold and Silver showing strength through summer