March 31, 2024 | How Many More Days Will Biden Create for LGBTQ+?
The White is claiming the Republicans are making too much out of naming March 31st Transgender Day. When you look at the list of all the days LGBTQ+ has already claimed, like Lesbian Visibility Day, the problem that surfaces is that they have so many days while groups like the Irish have but one […]
March 31, 2024 | Good Time to Buy Gold? – Update
On Oct 17, 2023, when gold was priced at $1,831/ounce, I posted THIS In early March 2024, gold broke out to a new record high – and was priced at $2,232 on March 29th. So far, so good.
March 31, 2024 | Why We Fail to Fix Things
[My colleague Charles Hugh Smith is a true outside-the-box thinker who tackles big questions with intellectual rigor and bold imagination. In the commentary below, he explains why neither our political system nor technological wizardry have been able to solve problems that threaten to topple the global economy and destroy our quality of life. You can support excellence […]
March 31, 2024 | Art of the Collapse, April 2024
Gold is interesting again … … because everything else is terrifying: New Boeing 737 Toy Features Wings That Really Fall Off (Babylon Bee) – A new airplane toy modeled after the Boeing 737 features “real in-flight damage” in which the jet’s wings really fall off. “Wow! The wings really fall off, just like in real […]
March 31, 2024 | Monetary Dilemma
Leaders take a lot of criticism. In fact, that’s part of the job. Presidents, governors, CEOs, football coaches, other top decision makers and even your humble analyst all have to answer for what happens on their watch—even when it’s not their fault. Then-general Dwight Eisenhower prepared a letter for release in case the 1944 Normandy […]
March 30, 2024 | Trading Desk Report For March 30, 2024
We’re in no rush to cut interest rates Fed Chairman Jay Powell and Fed Governor Chris Waller reminded markets this week that they are in “no rush” to cut interest rates until they see clear evidence that inflation is returning to the Fed’s 2% target. Equity markets (outside China) reflect the belief that Central Banks […]
March 30, 2024 | Tech Talk for Saturday March 30th 2024
The Bottom Line World equity markets were mixed last week, typical when intermediate momentum indicators are overbought: U.S. equity indices moved in a narrow trading range. S&P 500 Index gained 0.39% and the NASDAQ Composite Index slipped 0.30%. ETFs representing European, Canadian and Merging Markets were slightly higher. ETFs representing Far East markets were slightly […]
March 29, 2024 | The US Government’s Plan for Social Security
When questioned about the future of Social Security by the Senate Finance Committee, Treasury Secretary Janet Yellen admitted that Biden “doesn’t have a plan.” There could be no possible plan for an ongoing Ponzi scheme that will fail once the fund runs out of money. Estimates believe Social Security will reach insolvency before 2034. “I […]
March 29, 2024 | Canada Declares an Emergency as Economic Productivity Growth Lags Far Behind
“Well, it’s time to break the glass,” said Carolyn Rogers from the Bank of Canada in a recent speech, referring to the emergency situation in the lack of improvement in productivity in Canada’s business sector. The Bank of Canada cares about productivity because “productivity is a way to inoculate the economy against inflation.” […]
March 29, 2024 | Recession to 2028, Oil and Copper Peaks
World War 3 before election? London Economic Confidence Model Seminar – Tickets on Sale Now!
This Week in Money – Full Show with Ross Clark, Martin Armstrong, Wolf Richter, RecycLiCo
March 29, 2024 | This Week in Money
- Ross Clark: Stock Market Record Highs, US GDP, Commodities
- Martin Armstrong: (9:37) US Economy, Deadly Conflicts, Stagflation. London Economic Confidence Model Seminar – Tickets on Sale Now!
- Wolf Richter: (1:01:43) US Home Buying, Interest Rates, Canada’s Housing Bubble, Autos, Interest Rates
- Tony Mitchell: (1:44:52) Director of Marketing at RecycLiCo™ Battery Materials Inc. on Company Showcase – RecycLiCo™ Battery Materials Update: Zenith Joint Venture Progressing in Taiwan. Increased Interest from India – Innovators and Laggards. Read Investopedia Article – “Diffusion of Innovations Theory: Definition and Examples“. Read India Briefing Article – “EV Sector in India: Production Capacity, Government Targets, and Market Performance“. View Recyclico’s Company Presentation.
Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“.
Watch – We upcycle cathode scraps and black mass into higher-value battery materials!
Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada.
Questions? Email or Phone: 778.574.4444
March 28, 2024 | PBS on the Plastic Recycling Scam Promoted by Oil Cos
The world produces an average of 430 million metric tons of plastic each year. The United States alone produces tens of millions of tons of plastic waste annually. Yet on average, only about 5 to 6 percent of plastic in the U.S. is recycled. NPR correspondent Michael Copley joins Ali Rogin to discuss a new […]
March 28, 2024 | How Inflation Hurts Our Kids, In 5 Charts
In 1971 the US, along with most of the rest of the world, tried something new. They ditched their previously gold-backed money in favor of “fiat” currencies backed only by citizens’ trust in central banks and politicians. The results were profound, as the dollar lost about 90% of its purchasing power. But the real damage […]
March 28, 2024 | Who was Francis Scott Key?
With the bridge debacle, the name Francis Scott Key has been a topic of controversy. Francis Scott Key was an American poet, author, and lawyer from Frederick, Maryland. He witnessed the British bomb Fort McHenry in 1814, inspiring him to write numerous works of art, the most popular of which is the “Star-Spangled Banner.” […]
March 28, 2024 | Amid Canada’s Huge Immigration Surge, Population Growth Hits 3.2%, Fuels 10% Rent Inflation, even as Home Prices Drop
Canada’s population jumped by 1.27 million people in 2023, to 40.77 million by January 1, an increase of 3.2% from a year ago, the highest year-over-year growth rate since 1957 (3.3%), Statistics Canada said today in its report on the exploding growth of Canada’s population, driven by a huge wave of immigrants; 98% of the […]
March 28, 2024 | Stock Markets First Quarter a Near Record High
Are we seeing a classic set up for “Sell in May, Go Away”?
March 28, 2024 | Achtung Baby! Germans About to Legalize Pot
Is Tump Media IPO a buy? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
March 28, 2024 | RecycLiCo™ Battery Materials Update: Zenith Joint Venture Progressing in Taiwan
Increased Interest from India – Innovators and Laggards. Read Investopedia Article – “Diffusion of Innovations Theory: Definition and Examples“. Read India Briefing Article – “EV Sector in India: Production Capacity, Government Targets, and Market Performance“. View Recyclico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering […]
March 27, 2024 | Rosenberg: Business Cycle Update 2024
Economist, David Rosenberg reveals the potential for significant economic downturn and wealth erosion in 2024. With an uncanny blend of humor and insight, he exposes the misleading job reports, the phantom strength of the housing market, and the precarious position of the consumer credit bubble. This discussion stretches beyond the US, offering a grim look […]
March 27, 2024 | US Crude Inventories Rise For Commercial Stocks and at Cushing. WTI Likely To Fall Below US$80/B Shortly
GLOBAL ECONOMIC, POLITICAL & MILITARY UPDATE Rising inflation pressure globally and decent economic growth are making it harder for the Fed to reduce interest rates. Investors have an expectation that the first of three 25 BP cuts will occur in June. With the rise in crude prices to US$82/b (nearly US$12/b over the last two […]
March 27, 2024 | Why Positive US Employment Claims are Questionable
The rumblings that could rip the economy to shreds
March 27, 2024 | Is Gold Still a Good Bet?
Why Crude production is expected to rise
March 26, 2024 | Get Out of NYC – NOW!!!!!
QUESTION: This prosecutor in New York says she will start seizing Trump’s real estate in New York and will take his golf course tomorrow. What would you do? WH ANSWER: I would let her seize the property and sell it. If he wins on appeal, she is liable for all the damages. But let […]
March 26, 2024 | Spring Market Demanding More Realism
Nationally, the average Canadian home sale price in February 2024 was $719,400, -11.9% from the cycle peak of $816,720 in February 2022. Year-to-date, sixty percent of homes in the Greater Toronto Area sold below their asking price, 71% in Vancouver, and 48% in Calgary (the trend over the past three years is shown below). The […]
March 26, 2024 | The Most Splendid Housing Bubbles in America, March 2024 Update: Biggest Price Drops from 2022 Peak: San Francisco, Seattle, Portland, Denver, Phoenix, Dallas, Las Vegas
The home price index for the 20 metros that the S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.1% from the prior month, the third month in a row of declines. Year-over-year, the index was up 6.6%. Year-over-year, wait a minute… today’s “January” 2024 reading is three months off the October 2023 peak, while […]