July 7, 2023 | Fed’s Balance Sheet Drops $667 Billion fr. Peak to $8.3 Trillion, Below Aug 2021, as QT Continues, Bank Panic Support Unwinds

The Fed’s total assets dropped by $87 billion in June, and by $667 billion since the historic peak in April 2022, according to the Fed’s weekly balance sheet today. In the 15 weeks since the height of the bank panic in March, the Fed has shed $435 billion in assets, the fastest-ever 15-week drop, as […]

July 7, 2023 | RecycLiCo™ Battery Materials Inc. CEO Provides Company Update and Discusses Changing Battery Recycling Regulations

Read The Market Herald Article – “Growing Green: 4 Top Sustainable Stocks in Canada“. Read FastMarkets Article – “European Battery Regulations To Restrict Black Mass Exports To Secure Raw Materials“. Read CarScoops Article – “Panasonic Wants To Build Four More EV Battery Plants“. Read The Conversation Article – “We Could Need 6 Times More of […]

July 7, 2023 | The Rich and Their Money Fleeing China

Is Canada backing a dead horse with battery plant subsidies?

July 7, 2023 | Climate Change Lockdowns Are Coming?

QUESTION: There has been talk that Trudeau will use the fires to claim a climate crisis, and that will justify lockdowns again. Is there any truth to these rumors? FS ANSWER: There is definitely the idea of using climate change to justify lockdowns. However, this is really not for climate change but for crowd control. […]

July 6, 2023 | US Housing Prices Push Higher

  Fannie Mae admitted their forecast of declining home prices was incorrect. They initially projected that housing would fall by 1.2% in 2023, followed by 2.2% in 2024. Housing prices remain strong because this in an inventory crisis. There are 47% less available single-family houses on the market compared to the start of the COVID […]

July 6, 2023 | Silver Analyst Ted Butler Wrote This For Our Broker Staff

We appear to be at a particularly unique point in silver. Never have I witnessed a time when there have been more bullish articles and commentary than there is now. Never has there been greater awareness of the actual demand in silver being stronger than the actual supply.  You can’t find a bearish article. Yet […]

July 6, 2023 | Insolvency Bull Market

Insolvency trustees are the financial undertakers. They endured a bear market when easy credit enabled extend and pretend habits for the masses. Now the undertakers are entering a boom time as their phones “ring off the hook.” Hoyes, Michalos published Canadian stats through the end of May and included this chart. Other trustee firms are also feeling […]

July 6, 2023 | Will Digital Currency Create a Cash Black Market?

Could seasonality boost Gold and Silver? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

July 5, 2023 | BRICS to Replace the Dollar?

  The goldbugs cling to everything they can to promote gold at the destruction of the dollar. They are pushing the idea that China, Russia, and other BRICS countries are developing a dollar alternative. The truth of the matter is that is more fiction. Even India’s foreign minister S. Jaishankar came out and said, “There […]

July 5, 2023 | Protracted Hangover For Real Estate Investors and Lenders

The seemingly endless party of growth in real estate supported by ever-cheaper finance has reached an end, with a protracted hangover now ahead. This has broad implications for the many sectors that feed off real estate and is why realty-led recessions have historically been the harshest. See, Industries that rely on thriving downtowns suffer, and Office turmoil […]

July 4, 2023 | Russia Accuses US of Preparing for Biowarfare via Mosquitos

This story seemed far-fetched when first public, but now we know the extent of Bill Gates’ plan to modify mosquitos. We have seen a resurgence of once dormant viruses at the precise time that Gates’ allowed Oxitec to release diseased mosquitoes into the environment. Russia has repeatedly said it has information that the US is […]

July 3, 2023 | The WTC7 Controlled Demolition?

July 3, 2023 | The Clock is Ticking

Happy Monday Morning! Headline inflation dropped like a stone in the month of May, now down to 3.4%. Mortgage interest costs surged 30% and remains the largest contributor to the year-over-year CPI increase. Strip out self inflicted mortgage interest cost, and CPI sits at 2.5% in May, back within the Bank of Canada’s control range […]

July 2, 2023 | Burning Books in a Brave New 1984 World

“Those who don’t build must burn.” ― Ray Bradbury, Fahrenheit 451 “One believes things because one has been conditioned to believe them.” ― Aldous Huxley, Brave New World “Being in a minority, even in a minority of one, did not make you mad. There was truth and there was untruth, and if you clung to the truth even against […]

July 2, 2023 | Endless Intervention

National leaders are (or should be) reluctant to enter wars because, once begun, they are often hard to end. You could be bogged down for years, vainly trying plan after plan as the damage accumulates. Monetary policy works the same way. Central bankers think they can handle a situation and fire the artillery. It always […]

July 2, 2023 | What to Expect After an Endless ‘Fourth’

This promises to be the longest holiday ever celebrated in the U.S., eclipsing even the eight-day festival holidays that frequently pop up on the Jewish calendar. By the time you read this, the Independence Day celebration will be in its unofficial fourth day, having begun in spirit with a pronounced slowdown in the stock market […]

July 2, 2023 | Worst is Yet To Come For Stocks

Some lucid assessments in this segment. When the road ahead is uncertain, there’s no wiser choice than to listen to those with experience – who have seen enough market cycles to judge what’s most likely to happen next. Today we’re fortunate to welcome financial advisor Ted Oakley, managing partner & founder of Oxbow Advisors. Ted […]

July 1, 2023 | Trading Desk Notes For July 1, 2023

An Apple a day keeps the bear away AAPL surged to new All-Time Highs on Friday, up ~56% from its January lows. The market cap is now ~$3.05 Trillion. MSFT hit ATH two weeks ago and closed Friday down ~3% from those highs. The MSFT market cap is now ~$2.5 Trillion. Taken together, the market cap […]

July 1, 2023 | This Week in Money

• Ross Clark –  Stock Markets, USD, Canadian Dollar, Oil, Gold.  Special Offer! Until July 4th, receive 25% Off New Annual Subscriptions.
• Victor Adair – (11:10) Economy, Resources, Apple, Canadian Stock Market
• Robert Campbell – (46:41) US Real Estate, Commercial Real Estate, Debt, Inflation, Crash

July 1, 2023 | Tech Talk for Saturday July 1st 2023

The Bottom Line Calm before the storm! Expected corporate news from major U.S. and Canadian companies this week is exceptionally quiet. Many corporations have entered their “quiet time” approximately 10 days prior to release of quarterly results. Volumes on North American equity markets typically are well below average this week. Bid/Ask spreads widen. Traders are […]