December 18, 2023 | The Great Taking – or the Great Misconception
QUESTION: I have watched this video of David Webb, who distorts the history of the Great Depression, making it sound like the Fed was created to take all the gold when it was formed in 1913. Roosevelt’s “taking” was in 1933, 20 years later. As you and Milton Friedman pointed out, there was a shortage […]
December 17, 2023 | Finding Revenue
If you really want to reduce the federal debt, you don’t have to convince Congress of anything. You can just write a check. The Treasury Department gladly accepts gifts from anyone so inclined. Few are, apparently. So far this year, donations totaled less than $1 million. Shocking, no? <grin> The government’s revenue is mostly involuntary via taxes, […]
December 17, 2023 | CBDC – The End of All Freedom
QUESTION: Marty: You have mentioned that Trudeau’s freezing of accounts of anyone who donated to the Truckers was a test run for CBDCs. Do you think this is the end goal to control 100% of our lives? GD ANSWER: Hopefully, this will become a Presidential campaign issue. But they are desperate to stop Trump. Congress, including the […]
December 17, 2023 | Gold Can’t Pussyfoot Forever
Most of us had been expecting gold to explode through the $2000 “barrier” and soar into the wild blue yonder. Instead, it spasmed to $2152 for a nanosecond on December 4, then crashed back down below $2000 like an anvil dropped into an elevator shaft. What happened? Gold is most certainly in a […]
December 16, 2023 | Where to Hide – & What to Consider
QUESTION: Dear Martin and the team. Perhaps the chances are very low that this would somehow reach Martin. However, I would like to try to use “the power of the internet.” I have to try, so at least I am not blaming myself. I would like to ask a question and if somehow, possibly […]
December 16, 2023 | Trading Desk Notes For December 16, 2023
Powell kicked the Everything Rally into Overdrive! Markets were expecting “some” pushback from Jay, “We’re a long way from neutral” Powell after a sizzling 6-week stock market rally, but he waved the white flag instead, and the Everything Rally ripped higher! The bullish rip took Dec 2024 SOFR futures to ~9630 at Thursday’s high, effectively pricing in […]
December 16, 2023 | This Week in Money
- Ross Clark: Stock Markets, Oil, Gold, USD, Canadian Dollar
- Eric Hadik: (8:53) Stock Market Cycles, Gold, Silver, Bonds, Crude Oil, Solar Flares and Sunspots. Read – Solar, Seismic & Gold Intensity Cycles.
- Robert Campbell: (36:30) Predicting the Real Estate Market, US Real Estate Peaking, Exodus from California
December 16, 2023 | Solar, Seismic & Gold Intensity Cycles
The Golden Canary 11-29-23 – The fulfillment of Middle East War Cycles, in October 2023, was just the latest validation to the outlook for 2023 – 2025. Reinforcing these geopolitical cycles has been the action and analysis for Gold & Silver. In many ways, Gold acts as the proverbial ‘canary in the coal mine’ – […]
December 16, 2023 | Tech Talk for Saturday December 16th 2023
The Bottom Line North American equity indices are entering their strongest period of seasonal strength in the year. According to www.EquityClock.com “Santa Claus delivers a positive bias surrounding the end of the year with the traditional rally period spanning from December 15th to January 6th. The average return of the S&P 500 during the approximately […]
December 15, 2023 | Get Ready for a 1986 Repeat of a Real Estate Crash?
Whenever those in Congress mess with real estate, they have ALWAYS, and without exception, caused a major crash. The Entire Savings & Loan (S&L) Crisis was a catastrophic disaster that wiped out nearly one-third of all the 3,234 savings and loan associations in the United States between 1986 and 1995. I previously mentioned that hedge funds were created […]
December 15, 2023 | The Federal Reserve Makes a Full Pivot To Rate Cuts
The Federal Reserve announced a pivot to rate cuts, hinting at an end to the period since March 2022 of rate increases and tightening of financial conditions. When the Fed cuts rates, will it help? The Fed meeting ended on Wednesday with chair Jerome Powell confirming the consensus view — the next Fed move will […]
December 15, 2023 | Fed Holds Policy Rate at 22-year High–That’s The Good News
As expected, the US Fed did not hike yesterday and held its policy rate at a 22-year high while signalling rate cuts to start in 2024. Asset markets are jubilant across the board. Relief rallies are typical at the end of central bank hiking cycles. Optimism makes sense for government bonds, which become more valuable […]
December 15, 2023 | Opportunities Building in Gold Sector
Adrenaline fueled trades boosting stock market
December 14, 2023 | House Moves to Impeach Joe Biden
In a 221-212 vote, the House of Representatives voted on a resolution to produce a formal inquiry into the impeachment of Joe Biden. Every Republican supported the measure. Perhaps those in the middle had a change of heart after Biden invited Zelensky back to Washington to tell politicians how they should vote and spend […]
December 14, 2023 | The Most Splendid Housing Bubbles in Canada: Toronto -19% from Peak, back to Sept. 2021. Hamilton Area -25%, Back to Feb. 2021. New High in Calgary
Home prices in Canada dropped 1.7% in November from October, after having dropped by 1.6% in October from September, the fifth month in a row of month-to-month declines, according to the Home Price Benchmark Index for single family houses by the Canadian Real Estate Association (CREA) today. These drops whittled down the year-over-year gain to […]
December 14, 2023 | No shame in seeking debt help
A generation of people has been devastated by monetary and fiscal policies aimed at ‘helping’ them to borrow financially suicidal sums for housing. Grave mistakes have been made, encouraged by many well-meaning family members, policy-makers and commissioned realtors and lenders. In many cases, costs will be impossible to sustain even as interest rates retreat because […]
December 14, 2023 | A Glimpse Of The Future For Gold/Silver Miners
One of the (many) disappointing things about the gold/silver miners has been their failure to respond when precious metals have gone up. Gold, though not exactly on fire for most of 2023, did touch a new all-time high in early December. But (as far as I know) not a single gold/silver miner was anywhere near […]
December 14, 2023 | Could Santa Claus Rally Be a Good Sign for the New Year?
Inflation, Interest Rates, Gold, Crude oil, Bitcoin. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
December 14, 2023 | Is the Fed Really Finished Hiking Rates?
Which stock will tell you where the stock market is going?
December 14, 2023 | Weimar 2.0, Satanists, Fear and Denial
Critical Thinking vs. Intelligent People
December 14, 2023 | Even if Interest Rates Fall, Is Recession Likely?
Supply not the problem behind Canada’s housing crisis
December 13, 2023 | Consumer Spending and Employment Downturn in 2024
Consumer spending drives some 58% of Canada’s economic growth and 68% in America, so when households are blindsided by higher carrying costs and deteriorating employment, financial weakness compounds through the economy to lower revenues for companies and governments. See more on the current US job cycle in ECRI, Unveiling the Cyclical Reality of Jobs Growth: Our […]
December 13, 2023 | Are We Too Dumb To Survive?
CBS News just conducted a poll that paints Americans as too economically illiterate to deserve a future of freedom and prosperity. Here’s how Tom Woods, author of Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania, addressed it in a recent mailing: Sometimes you look around and see signs of hope. And you’re not being […]
December 13, 2023 | Blue Cities Contemplate Mask Bans
Blue cities across the US are contemplating banning masks. A few years ago these cities would not allow people to enter public establishments without a mask. But now, after Soros-backed DAs blindfolded themselves to the drastic uptick in crime, cities such as Philadelphia, Atlanta, and New York are banning face masks to prevent criminals from […]
December 12, 2023 | Javier Milei’s First Day in Office – Reduce the Size of Government
Argentina’s new President, Javier Milei, is making headlines around the world for vowing to radically change Argentina’s failing political system. Milei campaigned on implementing a “chainsaw plan” that would swiftly cut useless bureaus that drain government resources with no or minimal benefit to the public. Milei stuck to his campaign promises and slashed the number […]