April 18, 2024 | To Those Mocking Safe Havens

A word to individuals who mock those looking for safe havens. We do not realize how lucky we are to live in America, Canada, or elsewhere during this current time period. Those who write in desperately seeking a safe haven are NOT simply greedy people looking to evade taxation. People are looking to evade government […]

April 18, 2024 | Will Silver Outpace Gold’s Rising Value?

Has the Fed Given Up on Rate Cuts This Year?

April 18, 2024 | Federal Budget Does Nothing to Improve Productivity

Stock market teetering on the edge of a major correction

April 18, 2024 | Why Doesn’t Canada Pension Plan Invest in Canada?

Canadian Insider Index out performing US investments

April 18, 2024 | Stock Markets Appear To Be in Correction Territory

The BRICS working on anti-US dollar strategy. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

April 18, 2024 | Layoffs Booming in 2024

Twenty-two US states have seen the three-month moving average of their unemployment rate less the low of the past 12 months rise 50 basis points or more (a ‘recession’ indicator known as the Sahm rule). Since at least 1978, there has never been a time when more than 20 states have seen this degree of […]

April 18, 2024 | Still Lots of Room for Higher Gold, Silver

The manipulation of precious metal prices losing its grip

April 17, 2024 | Mortgage Rates over 7% and Heading Higher, Housing Market Still Frozen, Lots of Buyers on Strike as Prices Still Too High

Mortgage rates continue to trudge higher from the abandoned Rate-Cut-Mania low. The average conforming 30-year fixed mortgage rate rose to 7.13% in the latest week, the highest since early December, according to the Mortgage Bankers Association today, as the 10-year Treasury yield has re-surged amid the Fed’s vigorous backpedaling on its December rate-cut visions after […]

April 17, 2024 | Judge Merchan’s Trial Will Destroy USA Like Trial of William Penn

  New York Supreme Court Judge Juan Merchan is a seasoned jurist who is no stranger to Trump’s orbit. He has presided over the Trump Organization tax fraud trial, sentenced the former president’s close confidant Allen Weisselberg to prison over his role in the scheme, and overseen former Trump adviser Steve Bannon’s criminal fraud case. […]

April 17, 2024 | Feds Increase Capital Gains Inclusion Rate

The new Federal Budget released yesterday has significant implications for capital assets held by individuals and corporations. See: Feds raise capital gains inclusion rate to 66.6% starting June 25. The taxable portion increases to two-thirds from one-half on capital gains above $250,000 realized annually by individuals and all capital gains realized by corporations and trusts. This […]

April 16, 2024 | Lower-Income Americans and Republicans Least Likely to Switch to EVs

  I explained how the private sector does not wish to switch to EVs amid high production costs and low demand. A recent Gallup Poll found that Americans do not want to own an EV, and the plans to eliminate fossil fuels do not align with the wishes of the people. Around 7% of respondents, […]

April 16, 2024 | Friday 4/12

It’s hard to overlook the tremendous price volatility that occurred on 4/12, when both gold and silver established new recent price highs, only to fall precipitously by the close of trading. At the time of the sharp selloff, the only market open was the COMEX, with markets in London, China and everywhere else closed. Therefore, […]

April 15, 2024 | 30-year Mortgage Amortizations are Not The Solution Needed

The latest government initiative to try and keep home prices at unaffordable levels is to extend the term of debt amortization to 30 years from 25 for government-insured mortgages (available where property prices are $1 million or less). Making people debt slaves for even longer does little to help the housing unaffordability and debt weighing […]

April 15, 2024 | Pie in the Sky

Happy Monday Morning! The federal government will unveil their budget this Tuesday, ironically on the same day CPI data drops. They’ve already promoted billions of dollars in new spending in pre-budget announcements. Including more than $21B allocated to housing, which we discussed last week. In essence, the feds are paying for zoning. If provinces commit to […]

April 15, 2024 | Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and continuous printing to appease the bigger issue—fiscal policy. Fiscal policies are all but nonexistent in most of the modern world, and government spending has become one of the largest […]

April 14, 2024 | Springtime for Bonds?

  The devastating bear market in Treasury paper since 2020 may be nearing an end. I was pessimistic about this myself when TLT, an exchange-traded fund, that tracks the long bond, broke down last week. But a bigger picture saw this as occurring in the context of a market that may have bottomed last October. […]

April 14, 2024 | Dividends on Offense

This week continues our series on dividends and dividend growth stocks. This is one part of my strategy to try to get through what I see as a coming crisis by the end of the decade with as much of my buying power as intact as possible. As before, David Bahnsen will be writing this […]

April 14, 2024 | Petition to Remove Trudeau from Office

April 14, 2024 | Danielle on CBC Weekend Business Panel

Danielle was a guest with Jacqueline Hansen and Elmer Kim on CBC’s Weekend Business Panel. You can view a video clip of the segment here.

April 13, 2024 | Trading Desk Notes For April 13, 2024

LATE NEWS: Iran fires missiles into Israel. As much as the market worried that this could happen, there was hope that Iran would not retaliate at this scale. This will likely have a MAJOR impact on markets, especially if Israel and the US counterattack. Is the Fed wrong – again? For traders and investors, the […]

April 13, 2024 | The Most Splendid Housing Bubbles in Canada: Home Prices Dip Further, -14% from Peak in March 2022, Now Below Sep 2021

Condo prices in Canada fell 0.7% in March from February, seasonally adjusted, while house prices edged up 0.3%, and so the Composite MLS Home Price Index edged down 0.1%, according to data from the Canadian Real Estate Association (CREA) today. The index has now fallen 14.1% from two years ago, from the peak in March […]

April 13, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Oil, Cocoa, Apple, AI
• Hilliard MacBeth: (15:23) Canadian Real Estate, 30 Year Amortization, Copper, Electrification
• Tony Mitchell: (1:08:51) Director of Marketing for RecycLiCo™ Battery Materials Inc. on Company Showcase –  Behind the Scenes of RecycLiCo’s Taiwan Joint Venture.  Transitioning from Mining to Battery Recycling.  Read RMI Article – “The Rise of Batteries in Six Charts and Not Too Many Numbers“. Watch Video Clip of Steve Jobs. 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

April 13, 2024 | Tech Talk for Saturday April 13th 2024

The Bottom Line U.S. equity markets were “off to a rough start” last week following initial releases of first quarter results by major companies: Notably weaker following release of quarterly results included Blackrock, Fastenal, JP Morgan, Wells Fargo and Citigroup. Weakness was recorded despite corporate reports that exceeded revenue and earnings consensus. Trigger for weakness […]

April 12, 2024 | Not Even Central Banks Can Manipulate Markets – NOBODY

QUESTION: Can central banks not even manipulate the markets? FS ANSWER: No.  Here is the track record of the central banks when they created the Group of 5 (now G20) in 1985. I warned them they would create a crash within two years. But look at what happened. The fools assumed the central banks could manipulate the […]