October 19, 2023 | Venezuela A Wild Card Threat To Future Canadian Oil Exports

Middle East Oil

October 19, 2023 | China Is Buying Lots of Gold

Crude Could Be Ready to Make Major Move. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 19, 2023 | Uranium Sizzling Hot

Crude, Gold, AI and defense stocks are trending

October 18, 2023 | Increasing The Primary Residence Housing Stock

All the talk about needing to deflate the cost of housing is finally getting serious. This week, B.C.’s NDP government tabled the Short-Term Rental Accommodations Act that, if passed, will ban most short-term rentals that aren’t within an operator’s principal residence. Effective May 1, the new restriction would apply in municipalities with a population of […]

October 18, 2023 | 30-Year Treasury Yield Spikes past 5%, 30-year mortgage rates hit 8%, Mortgage Applications Plunge

Today it’s the 30-year Treasury yield that pierced the 5% line. It currently trades at 5.02%, the highest since August 2007. The first of the long-term yields to spike through the 5% line was the unloved 20-year Treasury yield on October 3; it currently trades at 5.25%. These long-term yields above 5% are an indication […]

October 18, 2023 | Why Was the 1987 Crash Important Even for Today

  COMMENT: I watched a pretend analyst who claimed the 1987 Crash was nothing. It is amazing how these people claim to be analysts yet do not understand the first thing about what took place behind the chart. I was there at your WEC in Princeton the weekend of the crash. I don’t remember if […]

October 17, 2023 | War is Coming

COMMENT: Thank you for your analysis of the Israel incident. We have to wonder what took place. Nothing makes sense. REPLY:  Israel did not respond to the attack for many hours. This is not realistically possible. This appears to be a setup to expand the war against Russia, assuming they will support Iran, Syria, and Hamas. […]

October 17, 2023 | Good Time to Buy Gold?

               For those of you who are on the hunt for opportunities beyond real estate, consider this: Managed money is back to a largish net short position in gold. The only other times managed money bet like this, gold did the following: Rallied 30% Rallied 32% Rallied 26%

October 17, 2023 | Pandemic Buyers Struggling To Unload Properties

Leverage on leverage on leverage, who would have thought? John Fincham, broker at Re/Max Parry Sound Muskoka Realty, joins BNN Bloomberg to discuss the Ontario cottage market. He says that many cottage owners who bought during the pandemic are now struggling to unload those properties. And as interest rates drive down prices he says cottages […]

October 16, 2023 | Did Israel Know About the Attack?

If this were a similar situation to 9/11, that would mean that the government was involved and allowed innocent civilians to die to promote an agenda. A false flag to create a global conflict. House Foreign Affairs Committee chairman Michael McCaul (R-Texas) claims that Egypt notified Israel of a potential incoming strike from Hamas. Israel […]

October 16, 2023 | Small Caps Leading Lower

The economically-sensitive Russell 2000 stock index (RUT) has given back all of its early 2023 rebound and is now negative year to date, -29% from its cycle peak in October 2021 and just 1% higher than where it was in August 2018. The more concentrated US small-cap 600 index (SML in green below since April […]

October 16, 2023 | The Vortex

Happy Monday Morning! At the beginning of the year I was part of a real estate pannel with REW on the state of the Vancouver housing market. On stage, in front of a live audience, the moderator asked me for my forecast for 2023. I promplty noted at the time that “we’re going to have a year […]

October 15, 2023 | The Coming Middle East War

QUESTION: Why does Biden never discuss Iran, and the Democrats keep handing money back to Iran to fund their terror against Israelis and Sunnis? Are they trying to creat World War III? FG ANSWER: Look, there is much more going on behind the curtain than mainstream media reports. On August 3, 2023, a feud with […]

October 15, 2023 | Be Among the First to Panic

Finally, a rally in gold that looks capable of leaving the $2000 barrier in the dust! This one is being pushed not only by the threat of escalated conflict in the Middle East, but by the dawning realization that a strong dollar and rising interest rates are about to trigger a crisis for the world’s […]

October 15, 2023 | Trading Desk Notes For October 15, 2023

“This may be the most dangerous time the world has seen in decades.” Jamie Dimon, CEO of JPMorgan Chase, in a statement accompanying the bank’s quarterly earnings news release. This edition of the TD Notes will be brief. After three days in Calgary attending Josef Schachter’s “Catch the Energy” conference, I returned to my desk Sunday […]

October 15, 2023 | The Big Cycle 2

When your system, whatever it may be, is working extremely well, we used to say it’s “firing on all 8 cylinders.” What does that mean? A gasoline motor contains metal cylinders inside which the gasoline burns (hence “internal combustion engine”) and causes belts and gears to turn. A V-8 engine has eight cylinders arranged in […]

October 14, 2023 | Argentine Follows US Charging Political Oppoent To Influence Election

A prosecutor launched a criminal case Friday against Argentina’s frontrunner in this month’s presidential elections, accusing Javier Milei of deliberately causing a drop in the Argentine currency when he encouraged citizens not to save in pesos. What the United States has done to Donald Trump has set the standard for the world. We will see […]

October 14, 2023 | Middle East War Cycles Collide in Late-2023

Last month, we examined one of the two remaining (yet)-unfulfilled parallels between 2022 – 2023 and 1973 – 1974… [see Nov 22 INSIIDE Track for details]…The other (yet)-unfulfilled parallel is a Middle Eastwar or conflict (similar to the Yom Kippur War of 1973). This is a topic that has been discussed many times before – […]

October 14, 2023 | This Week in Money

• Ross Clark: Middle East, Gold, Oil
• Eric Hadik:  (12:25) Cycles, Middle East, Violence, Oil, USD, Gold.  See Middle East War Cycles Collide in Late-2023
• John Kaiser: (48:53) Junior Mining, Canada’s Resource Industries.  Special Offer! Sign up Now for a 12 month plus subscription expiring Dec. 31, 2024.

October 14, 2023 | The Most Splendid Housing Bubbles in Canada: Prices Drop Further as Sales Slow and New Listings Jump Further

The Canada Home Price Benchmark Index for single family houses in fell for the third month in a row, in September by 1.3% from August, after having dropped by 1.1% and by 0.5% in the prior two months, to $815,300 (all prices in Canadian dollars). The three months in a row of declines came after […]

October 14, 2023 | Tech Talk for Saturday October 14th 2023

The Bottom Line Third quarter report season is “off to a good start”. Reports released to date generally have recorded higher than consensus results (notably by the U.S. money center banks). Analysts were prompted to raise estimates. Revenue and earnings gains on a year-over-year basis are projected to accelerate in the fourth quarter. The stage […]

October 13, 2023 | Resisting Financial Sentinels

Investment banks are having a rough year. Sharply higher interest rates are taking a toll. Falling asset prices since 2021 have reduced fees tied to assets under management just as bad debts are rising. Underwriting fees are not helping: year-to-date investment banks have sold 22% fewer Initial public offerings (IPOs) to the public than in 2022, and […]

October 13, 2023 | Robert F. Kennedy Jr. to Run as an Independent – The Death of the Two-Party System?

This news was overshadowed by the pandemonium occurring in the Middle East. Robert F. Kennedy Jr. announced that he will run as an Independent candidate and is no longer aligned with the Democratic Party. The Democrats have prevented Kennedy from speaking and have offered absolutely no support. In fact, they have been trying to silence […]

October 13, 2023 | The Attack By Hamas Increases The Chance of a Wider Conflict

Last week Israel was attacked by Hamas, shocking the world. But stock markets and the price of crude oil have demonstrated remarkable complacency after this momentous event. Is this just another skirmish in an area that has been in conflict for decades or will there be serious repercussions? The classic event that the world did […]