May 25, 2024 | Tech Talk for Saturday May 25th 2024

The Bottom Line The gain by one stock dominated performances by the S&P 500 Index and NASDAQ Composite Index last week, the 15% price advance by heavily weighted Nvidia following release of its better than expected quarterly results. Other major U.S. equity indices were notably weaker: Dow Jones Industrial Average down 2.33%, Dow Jones Transportation […]

May 24, 2024 | We Pick Our Poison

It’s a worldview thing: bulls celebrate AI euphoria led by Nvidia (chart below courtesy of Bloomberg), driving record-high stock valuations amid overstated job and GDP growth that get revised lower in retrospect. Realists see all this and everything else within the historical context.   With assets priced for perfection, there’s no room for disappointment. The […]

May 24, 2024 | NVIDIA Could Be The Most Important Stock on The Planet

NVIDIA, the computer chip and artificial intelligence company, announced excellent results this week, pushing the stock to new highs. The company’s share price has tripled from a year ago, making NVIDIA worth $2.5 trillion. Stock traders were pleased with the optimistic outlook expressed by the CEO. Is Nvidia the single most important stock on the […]

May 24, 2024 | De-Dollarization: The Trend Continues

Big parts of the world continue to migrate away from the US dollar. And lately the process has met some important milestones. Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank (Zero Hedge) – After two years of being on the receiving end of a weaponized global reserve currency, getting booted from SWIFT, countless […]

May 24, 2024 | US Consumers Joining China in Gold Buying Spree

The markets now reflecting stagflation

May 23, 2024 | My Forecast from 10 Years Ago

In an interview on May 11, 2014, I explained on USAWatchdog that confidence always outweighs reality. “It’s basically what you believe. There have been all sorts of studies on fundamentals that say if interest rates go up, stocks go down.  It is simply not true.  The stock market has never peaked with interest rates twice in history.  […]

May 23, 2024 | Debtasized: How Our Reliance on Credit Leads To Price Inflation

Easy credit pushed up the price of existence for all by enabling unsustainable demand. Now we have the payback period. The video below from Doug Hoyes and Co is worth watching. I found playing it at 1.25x speed was more comfortable. Debt Free in 30 takes viewers on a journey through credit history, price inflation, […]

May 23, 2024 | Working with The Right People in Lithium-ion Battery Recycling is Key

How to turn a smelter into a highly efficient battery recycling operation. Read Kallanish Commodities Article – “North America Readies for ‘New Black Gold’ Recycling Opportunity“.  Read Camas-Washougal Post-Record Article – “EV Battery Recycling Requires Herculean Effort“. View RecycLico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A […]

May 23, 2024 | Home Sales Whacked by Mortgage Rates. Active Listings & Price Reductions Jump to Highest in Years. But Sales of High-End Homes Surge

Sales of existing homes of all types were still dogged by the 7% mortgage rates, but a shift has been taking place that took amplitude in April: Many more higher-end homes came on the market and sold, while fewer mid-range homes sold. This shift impacted all kinds of metrics, from inventory for sale to the […]

May 23, 2024 | Shipping Container Shortage Could Fuel Inflation

Possible impact of US banning Russian uranium. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

May 22, 2024 | Danielle on Thoughtful Money

Danielle was a return guest on Thoughtful Money with Adam Taggart. You can watch a video clip of the segment here.

May 22, 2024 | US Stock Build Adds To Downside Price Pressure – A Breach of US$75/B is Likely in the Near Term

Market bulls lifted the Dow over 40,000 last week but worries about interest rates and Treasury record refundings have pulled it back to 39,800, a still overvalued level. Everyone is waiting on the market’s Santa Claus ‘Nvidia’ to show steller new AI products and record profits to give the M7 bulls another reason to push […]

May 22, 2024 | Creeping Fascism, Part 1: Just The Beginning

I keep a “creeping fascism” file with the intention of tracking governments’ erosion of their citizens’ rights and freedoms. But the file is filling up so fast that the first few articles in this series will have to be “data-dump” cut-and-past jobs rather than in-depth analyses of any specific depredation. So here goes: JK Rowling […]

May 21, 2024 | Saying No to Aging: My Own Story

  We all get older – but that doesn’t mean we can’t put up a hell of a fight before we go down.   As many of my Timing Letter readers know, staying healthy and fit – and slowing down the aging process – has always been my highest priority.   The interesting thing is that […]

May 21, 2024 | Where You (Shouldn’t) Store It: Nine Places

A marketing email just came from Michael Major, author of a book called No Grid Survival Projects, on where NOT to hide your valuables. His ideas are sometimes counterintuitive, which makes them potentially useful: 9 Hiding Spots In Your House Where Looters Always Look First You may think you already have it figured out for how […]

May 21, 2024 | Buy Now Pay Later was Always a Bad Idea

Buy now, pay later (BNPL) is much worse than layaway plans of yore. Layaway plans allowed people to make installments toward an item and pick it up on the last payment. BNPL allows people to take the item with the promise to pay for it in installments over time. Cash-strapped consumers have been using BNPL […]

May 21, 2024 | Klaus Schwab is NOT Leaving the WEF!!!!!!!!!!!!!!!!!!!!

  Let me explain something. Klaus Schwab is NOT retiring, nor is he leaving the WEF. Because of all the toxic hatred hurled at Schwab personally, he has only stepped down from the executive position. That is no different from the Chairman of a Board, who is also the CEO, steps down from only the […]

May 20, 2024 | The Lost Decade

Happy Monday Morning! It’s a big week for central bank watchers and debt holders alike. The CPI report for the month of April drops tomorrow, it’s the last CPI before the Bank of Canada meets on June 05. Markets are currently pricing in just shy of 50% odds that Tiff cuts in June. It’s a […]

May 20, 2024 | Envisioning Bottom Up Energy Systems

An extremely important and enlightening discussion. The energy future is bright!! Worth listening. Here’s a direct audio link.  

May 20, 2024 | US Consumer Sentiment Reaches 6-Month Low

  Consumer sentiment is continuing its decline amongst Americans. The University of Michigan’s survey monthly survey revealed sentiment fell to a six-month low of 67.4 in May, down from 77.2 in April. Inflation is the primary reason for the loss in confidence, followed by interest rates and geopolitical issues. Incoming data would lead one to […]

May 19, 2024 | Silver Eager to Settle a Score

The white-collar thieves who manipulate bullion appear to be losing their grip. Silver bulls have long wondered how prices could languish even when demand for physical appeared to overwhelm dealer supplies. Blame paper proxies for precious metals, since many if not most investors would rather store and swap the stuff in virtual form than pay […]

May 19, 2024 | Correlations Explained

  It is crucial to understand correlations as EVERYTHING fluctuates! There is absolutely nothing that remains constant. You MUST understand that correlations are NOT one for one, and often show changes in advance of turns. It is a lot to keep track of but this is why I try to post a global view to help you see the […]

May 18, 2024 | Trading Desk Notes For May 18, 2024

Gold and copper hit all-time highs this week; silver rallied to 12-year highs June Comex gold futures closed at an all-time high on Friday at ~$2,420, up ~$80 from Monday’s low. The Gold Miners ETF closed at a two-year high. Comex copper rallied above $5 a pound to close higher than the previous record set in March 2022 […]

May 18, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Dow, Meme Stocks, Gold, Silver, Oil, USD, Canadian Dollar
• Victor Adair: (12:08) The Fed, Interest Rates, Inflation, Metals, Gold, Silver, Copper
• John Rubino: (41:44) Japan, Silver