ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
March 10, 2024 | Higher for Longer?
“There is a difference between you and me. We both looked into the abyss, but when it looked back at us, you blinked.” -Batman, referencing Nietzsche in 2010’s Justice League: Crisis on Two Earths -My first thought on the quote: Think Jerome Powell and the FOMC The idea that “market expectations” tell us anything about […]
March 10, 2024 | P.T. Barnum Would Have Loved Bitcoin
Bitcoin mania looks likely to blow itself out at somewhat higher levels. The bitcoin ETF chart above suggests buyers will encounter significant resistance at 64.95, a Hidden Pivot target that lies 5% above Friday’s closing price. If this impediment gives way easily or is exceeded for two consecutive weeks on a closing basis, however, you […]
March 10, 2024 | Apartment Defaults Highest in a Decade
Nick connects the dots very well in this segment. Similar trends are happening in Canada, too. Apartment landlords around America are going into default on their mortgages at decade-high rates, suggesting that the Commercial Real Estate Crash is going to get even worse in 2024. Here is a direct video link.
March 10, 2024 | The Collapse of a Nation Takes 13 years
In law, it has been a maxim that bad facts make bad law. Every lawyer knows that. That is why the government will seek the worst case to expand the law and apply it to others. This legal maxim is certainly not new. All of those who go to law school are never taught […]
March 9, 2024 | Trading Desk Notes For March 9, 2024
Wicked price action may signal a shift in sentiment and positioning NVDA gapped higher on Friday’s opening and reached new All-Time Highs (up ~105% YTD) in the first hour of trading. It then dropped and closed below Wednesday and Thursday levels, creating a Daily Key Reversal down. NVDA’s market cap fell >$300 billion from Friday’s highs to lows. […]
March 9, 2024 | Tech Talk for Saturday March 9th 2024
The Bottom Line Another mixed week for performance by North American equity markets! Signs of investor uncertainty increased: the VIX Index advanced 12%, Gold bullion ETN (GLD) gained 4.3%, Gold Equity ETF (GDX) advanced 8.4% and Bitcoin jumped 9.9%.
March 8, 2024 | Apple Struggles with Slumping Sales in China
China and the iPhone are closely linked, as sales in that country are a key to Apple’s success. China is going through an economic slump which shows up in sales of Apple’s most successful product, the iPhone. Recently competitors in China have been growing sales faster than Apple. Is a China sales slump for the […]
March 8, 2024 | The Coming New Monetary System
QUESTION: Hello Martin, been reading your passages for a few months now. I had a question for you. What currency do you think BRICS will use to settle trades in the future and if that he bitcoin could be a viable option? Since you don’t see the USD being the world currency by 2035. […]
March 8, 2024 | The Public Bank That Wasn’t: New Jersey’s Excursion into Public Banking
In 2017, Phil Murphy, a former Goldman Sachs executive, made the establishment of a public, state-owned bank a centerpiece issue during his run for New Jersey governor. He regularly championed public banking in speeches, town halls and campaign commercials. He won the race, and the nation’s second state-owned bank following the stellar model of the Bank […]
March 7, 2024 | Central Banks Sit Tight as Pain Spreads
Yesterday, the Bank of Canada announced it would hold its key interest rate at 5%, the highest since 2007. At the press conference, Governor Macklem confirmed that policy discussions considered how long rates should stay at present levels but added, “It’s still too early to consider lowering the policy interest rate.” The main cause for concern remains unaffordable housing […]
March 7, 2024 | OPEC Contemplating Extending Its Quota Cuts To Year End Bouys Crude Prices
GLOBAL ECONOMIC, POLITICAL & MILITARY UPDATE The Bank of Canada announced that they would keep their overnight rate at 5% as underlying inflation still persists. They also plan on keeping their quantitative tightening (QT) measures. The C$ improved 31 ticks to 73.88 on this announcement. Chairman Powell is before Congress today and tomorrow and markets […]
March 7, 2024 | And Here Comes April/May 2024
The Supreme Court has set April 25th as the oral argument for the decision on whether Trump has immunity. I do not know why events will always show up with our cycle targets. I have come to believe that the PRESSURE in the system compels actions to take place on these cyclical targets. […]
March 7, 2024 | Gasoline Demand Has a Long-Term Structural Problem in the US: Plunging Per-Capita Consumption
Gasoline consumption in the US, in terms of product supplied to gas stations, rose by 1.5% in 2023, to 376 million gallons per day. This was down by 3.9% from 2019 and back where it had first been 20 years ago, in 2003, with two big troughs in between. Gasoline consumption is determined by miles […]
March 6, 2024 | Sam Cooper Updates on Money Laundering in Canada
Sam Cooper is an investigative journalist and publisher of The Bureau. We discuss a massive CCP mortgage fraud network he uncovered in Toronto, how it relates to what’s internationally known as the Vancouver Model, and how deeply interwoven Chinese money laundering is in Canada’s economy. Here is a direct audio link.
March 6, 2024 | Canada Moves to Ban Christianity – Changes to Bill C-367
Canadian Prime Minister Justin Trudeau has passed numerous pieces of legislation prohibiting free speech in Canada, yet nothing has been as restrictive as Bill C-367, an amendment to the Criminal Code that will prohibit Canadians from expressing “an opinion based on a belief in a religious text. If passed, people can be arrested for quoting […]
March 5, 2024 | Sheltering in Place
Happy Monday Morning! As expected, the Bank of Canada held rates firm last week, pushing back on a growing chorus of market pundits calling for rate cuts. “The assessment of the governing council is that we need to give higher interest rates more time to do their work.” The persistence of core inflation north of […]
March 5, 2024 | What China’s Slowdown Means for the World Economy
For decades, China’s economic growth was tremendous. But now the nation is seeing a significant slowdown. Its housing sector is in its third year of decline, the stock market is touching new lows and youth unemployment remains high. These issues may be a major headache not only for the Chinese people and President Xi Jinping, […]
March 5, 2024 | Monsters We Should Know: Victoria Nuland
Dig into any of the US Empire’s recent crimes you’ll find a bunch of familiar monsters. Dick Chaney composed the lies that sold the invasion of Iraq (WMDs!!), engineered the actual war, and then oversaw the “rebuilding” that enriched his business partners. John Bolton pops up in pretty in every administration of the past four decades, always agitating […]
March 5, 2024 | The 2024 Election – Will Your Vote Even Matter?
The computer has been forecasting these events decades in advance. As we approach them, what seemed outlandish years ago probably seems today. The civil unrest is dividing not just the United States but we see it in Canada and throughout Europe. This is NOT simply due to Trump. What is unfolding is the discontent […]
March 4, 2024 | Vacancy Control
Happy Monday Morning! Last week we introduced the home flipping tax. A seductive new tax introduced by the BC Government that will hit evil speculators with a 20% tax on any profits derived from flipping a property within two years. Remember this new tax comes on top of the tax CRA already collects which, for […]
March 4, 2024 | Transitioning To Sustainable Life: No Miracles Needed and No Time To Waste
Current estimates are that we have six years to solve 80% and eleven years to solve 100% of the air pollution, climate & energy security problems caused by fossil fuels and bioenergy. We cannot afford to waste time and money on useless technologies that will not help us advance the cause of sustainable human life on […]
March 4, 2024 | Doomberg: Will The Shanghai Gold Arbitrage “Empty Vaults In London and Europe”?
Gold is suddenly fun again. We should probably just relax and enjoy it, but if you’re curious about why this is happening, Doomberg, publisher of the top-ranked Substack financial newsletter, has a plausible answer. Here’s a (lightly edited) transcript from a just-released Doomberg interview with Soar Financially’s Kai Hoffman, followed by the full video: Two big gold market […]
March 4, 2024 | The CFTC’s Response
The long-awaited response from the CFTC to my congressman’s office about my concerns of the possible double-counting of publicly reported silver inventories, originally sent to the agency in mid-November was received by me Friday morning, March 1. To refresh you with the issue, I asked the CFTC (along with the S.E.C.) to make clear whether […]
March 4, 2024 | Haley win Washington DC which is 98% Democrat – What do You Expect?
Nikki Haley has finally won none other than the LEFTIST stronghold – Washington, DC. If you get pulled over by a cop there, you may hear that line coming from the new movie Civil War – What Kind of American Are You? The Democrats have been funding Haley, and anyone with common sense would […]
March 3, 2024 | German Health Minister Said We Need to Boost Healthcare in case of “military conflict”
I have been reporting that it is the West that wants war because the financial system is collapsing. They are reaching the point where they know that the are rapidly approaching the point of collapse which HISTORICALLY always takes place when governments run these Ponzi Schemes where they NEVER intend to pay off what they borrow, so they constantly […]