December 24, 2023 | Celebrating Christmas in Unmerry Times

[The following was written by my good friend James Trabulse.  A devout Catholic, Jim regularly attends a Latin mass. He is also a gifted trader who brings rigorous science and outside-the-box thinking to nearly everything he does, including playing golf, staying healthy, cooking savory dinners and training Olympic-caliber athletes. RA ] Merry Christmas, and may the Lord’s blessings […]

December 24, 2023 | Klaus Wishing You Zee Merry XMas

December 23, 2023 | Trading Desk Notes For December 23, 2023

DJIA and NAZ hit All-Time Highs after closing higher for eight consecutive weeks Who would have thought, back in October, with stock market sentiment crushed under the weight of “higher for longer” and the 10-year Treasury yielding more than 5% (a 16-year high) that eight weeks later, the venerable DJIA would have rallied over 5,300 points […]

December 23, 2023 | Wikipedia’s Definition of a Woman?

      Wikipedia has degenerated into nothing but a government propaganda avenue. Here was their definition of a woman with the photograph of the transgender Rachel Levine, Biden’s 17th Assistant Secretary of Health. Apparently, this offended so many that Wikipedia removed this page and replaced it with the following. The mere fact that they […]

December 23, 2023 | This Week in Money

• Ross Clark:  Stock Markets, Santa Claus Rally, Gold, Oil, USD, Canadian Dollar
• Victor Adair: (9:38) Dow, Gold, Currencies, Bonds, Economy
• Mark Leibovit: (35:37) Stock Markets, Geo-Cosmic Events, USD, Oil.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

December 23, 2023 | Tech Talk for Saturday December 23rd 2023

The Bottom Line  Encouraging U.S. economic news released on Friday added to the possibility of the proverbial Santa Claus yearend rally that normally lasts to the first two trading days in January. The November Core PCE Price Index on a year-over-year basis came in at 3.2%, nicely lower than consensus at 3.4%. Equity and bond […]

December 22, 2023 | Get Ready for Excitement and Surprises in 2024

The year 2024 will be full of surprises and uncertainty. A possible recession, the direction for the stock market, the housing bubble in Canada and changes in interest rates and inflation are all on the agenda for investors as we enter a new year. What are some of the most likely surprises? A surprise cannot […]

December 22, 2023 | Peace

Wishing you love, light, and, above all, inner peace. May we make wise choices and have the strength and commitment to see them through. May 2024 be a year of revelation and enlightenment. I love the beauty and simplicity of this quartet. No gimmicks needed. Here is a direct video link.

December 22, 2023 | Gold Juniors Should Expect a Better New Year

China bans some Rare Earth technology exports

December 21, 2023 | Christmas Spending in the US to Break Records

  Americans are planning to increase their holiday spending this year, according to a Gallup poll, which believes Christmas spending in 2023 will be the highest on record since they began collecting data in 1999. The average American estimates they’ll spend on Christmas or other holiday gifts is $975, which is up from last year’s […]

December 21, 2023 | Canadian Resources Should Pick Up in 2024

Trudeau playing Russian roulette with Canadian energy sector

December 21, 2023 | 2024 Will Be Everything AI, Especially in Defense

Will the New Year see a bounce back for Gold Juniors?

December 20, 2023 | The GOP Backs Trump – Kennedy Warns of Civil War

Finally, the Republicans have come together as a party to condemn the absolute tyranny of current administration. The leading GOP candidates have put their criticisms aside to express their absolute disgust at the Colorado’s Supreme Court’s ruling to remove Trump from the ballot. No candidate was more outspoken in his disgust than Vivek Ramaswamy who […]

December 20, 2023 | Debt Defaults Leaping

Canadian debt delinquencies, insolvency proposals, and bankruptcies are all rising sharply for households and businesses. Equifax president Sue Hutchison discussed the latest data on BNN yesterday. We are in the early days of this distress cycle with three-quarters of pandemic-era low-rate mortgages to reset at higher rates in 2024 through 2026: “We expect to see tremendous […]

December 20, 2023 | Becoming Invisible, Part 11: Privacy Land Trusts

The Nestmann Group is doing great work on privacy-related topics like second passports and offshore investing. Here’s their take on “privacy land trusts” that make it possible to own real estate anonymously — which sounds useful in this increasingly litigious, authoritarian world. What is a Land Trust and How Does it Work? (Mark Nestmann) – You […]

December 20, 2023 | Going Down

Over the past three years, the growing physical shortage in silver (more demand than supply) has resulted in a dramatic reduction in recorded world inventories. Each week, I highlight the shrinkage in the two largest stockpiles of recorded silver inventories, the COMEX warehouses and in SLV, the largest silver ETF. Together, these two stockpiles represent […]

December 20, 2023 | Here Come the New Listings of Existing Homes, Prices Drop Further, Demand Remains at Collapsed Levels

The national median price of existing single-family houses, condos, and co-ops whose sales closed in November dropped to $387,600, down by 6.3% from the peak in June 2022, according to data from the National Association of Realtors (NAR) today. 2023 is the first year since the Housing Bust when the seasonal high in June was below […]

December 19, 2023 | Over Half of Democrats Want a New POTUS

  The Democrats simply have no voice within their own party, and the Republicans are no better. Joe Biden admitted that he is only seeking a second term to prevent a Trump victory. Biden does not want to be in the Oval Office and has no passion for the job, but it is expected of […]

December 19, 2023 | Geopolitical Risk and the Case For Physical ETFs

In November, Panama’s government caved to growing protests and shut down a large copper mine. This was serious but survivable for one of our portfolio’s royalty companies (see Just How Bad Was Franco-Nevada’s Bad News), but it’s an existential threat for First Quantum Minerals, which owns and runs the Cobre Panama mine. The new normal? Until recently, an event […]

December 19, 2023 | China Offers Warning on Euphoric Asset Prices Elsewhere

China’s economy is struggling through a multi-year downturn in the property market, a slump in manufacturing activity and falling exports. Other countries and markets should take note. A triple whammy of falling real estate and stock prices amid credit defaults has hurt household net worth and consumer confidence. See, China’s real estate meltdown is battering the […]

December 19, 2023 | Will Trudeau Resign?

  Will Canada’s Prime Minister, Justin Trudeau, step down from his position? Seven in 10 Canadians think that Justin Trudeau should resign as the leader of the Liberal Party and Prime Minister of Canada in 2024, according to a survey by Ipsos. However, a majority of six in 10 Canadians do not believe he will […]

December 18, 2023 | Circling the Drain

Happy Monday morning! The worlds largest and most important central bank shook financial markets this past week, signalling rate cuts are now on the table next year. The feds dot plots, which are basically forecasts from fed members point to three rate cuts in 2024. Markets are currently expecting six!! Source: Jim Bianco Suffice to […]

December 18, 2023 | Brighteon Covers “The Great Taking”

Readers have been asking me to check out and comment on David Webb’s The Great Taking. It’s on the to-do list. But in the meantime, other people have started covering it. Brighteon’s Mike Adams just posted a video that uses Webb’s insights as a launching point for a discussion of real assets and why they’re more crucial than ever. […]

December 18, 2023 | The Equity Bear Market is Likely Only Started

Asset markets leapt last week as the US Fed (and Bank of Canada) held monetary policy unchanged for the 5th consecutive month, having hiked last in July. US Chair Powell fueled euphoria when he said the Fed was talking about rate cuts in 2024–the crowd went wild. Just weeks before, Powell had said they were […]