December 13, 2025 | This Week in Money

• Ross Clark: Stock Markets, Interest Rate Cuts, Cannabis, Bitcoin.
• Eric Hadik: (11:25) Market Cycles, Bitcoin, Gold, Silver, Platinum, Palladium Oil, Natural Gas, Interest Rates, Lithium, Coffee.
• Hilliard MacBeth: (45:55) Canadian Real Estate, Electric Vehicle Market.

December 12, 2025 | Recession in 2026 Will Make The Fed Cut Rates Further

The Fed’s 2026 Outlook: Recessionary Signal or Inflationary Pause? The Federal Reserve recently cut the official interest rate by a modest 25 basis points. Faced with general economic weakness, rising unemployment, and the delayed inflationary impact of tariffs, the central bank is walking a tightrope. Will we see more aggressive cuts in 2026? That depends […]

December 12, 2025 | Markets: Is it Really “Different this Time” ?

The risks of riding a market mania like Silver.

December 12, 2025 | The EU and Canada Collaborate on Digital IDs

  The latest agreement between the European Union and Canada to collaborate on mutually recognized digital IDs is simply another step in what I have been warning about for years. Whenever government confidence collapses, the political class tightens control. Digital ID is not about convenience; it is about tracking capital and controlling movement as the […]

December 11, 2025 | Silver Madness Continues

How did the markets react to Fed cut?

December 11, 2025 | Hawkish Members Outnumbered – Fed Cuts Rates for Third Consecutive Time

  The Federal Reserve was divided this December; hawkish members of the FOMC were outnumbered, and the central bank approved its third consecutive cut of 2025. “We’re in the high end of the range of neutral,” Federal Reserve Chairman Jerome Powell added. “It″s so happened that we’ve cut three times. We have we haven’t made […]

December 10, 2025 | High Shelter Prices Cost a Fortune

About 36% (14.8m) of Canada’s (41m) population lives in three metro areas (StatsCan data): Toronto, Vancouver and Montreal. Unfortunately, these three cities have the dubious distinction of experiencing the most significant home price inflation in North America over the past two decades, far ahead of other major American cities (shown below, courtesy of Visual Capitalist), […]

December 9, 2025 | Minnesota Indicative of Broader Scam – Identity Politics

(Minnesota state flag)   COMMENT: Marty, After reading the stories you’ve shared about people not being able to almost anything of value onto planes without a real risk of confiscation, the Alpha News video where a TSA agent claims to have observed multiple suitcases of cash muled out of the country by Somali men makes […]

December 8, 2025 | Mass Collective Societal Suicide

“Historians will look back at the wreckage of a once-great American civilization and not with wonder that tens of millions of people who were entirely dependent upon government welfare payments were nonetheless allowed to vote. Even to include millions of illiterate 3rd world illiterate aliens who snuck in, then were put on welfare, and were […]

December 7, 2025 | Zuckerberg’s Huge Branding Problem

Stocks looked leaden as the week ended, adding to the impression that the aging bull market is topping. The Dow tacked on a perfunctory 104 points, or 0.22%, and it wasn’t pretty. There was little life in the lunatic sector (aka ‘the Magnificent Seven’), which until recently could be relied on to celebrate its wildest […]

December 6, 2025 | Trading Desk Notes for December 6, 2025

Run it hot The rally in risk assets is supported, in part, by ideas that governments around the world will “Run It Hot” (with stimulative fiscal and monetary policies) to ramp up economic growth as they try to outrun the consequences of the global sovereign debt crisis.   The “debasement trade” involves buying risk assets as a […]

December 6, 2025 | This Week in Money

• Ross Clark:   Stock Markets, Copper, Gold, Oil, Bitcoin, USD, Canadian Dollar.
• Victor Adair: (14:48)  Copper, Gold, Silver, Natural Gas, AI.
• Rick Ackerman:  (48:07) Silver, Bitcoin, US Economy, Stock Markets.

December 5, 2025 | The Yen Carry Trade Unwind Threatens Global Markets

The Shifting Dynamics of the Yen Carry Trade The central thesis is that the decades-long assumption of near-zero Japanese interest rates and a weak Japanese yen (JPY)—the two pillars of the yen carry trade—are now collapsing. 1. The Historical Carry Trade Setup Borrowing: Traders borrowed vast sums in Japanese yen at a near-zero interest rate. Investing: They converted the borrowed […]

December 5, 2025 | Well-Earned Mean-Reversion Continues in Real Estate

From 1975 through the early 2000s, Canadian median home prices rose broadly in line with median inflation–adjusted household income. Where home prices outpaced income gains in the late 1970s and 1980s, the disconnect was short-lived, before prices corrected more than 30%. From 2000 to 2022, Canadian home prices (shown in red below through Q2 2021) increased by 375%—46% of that from 2020-22—while the average Canadian […]

December 5, 2025 | Several Sectors of US Economy Already in Recession

Will there be one last hurrah before stock markets correct?

December 4, 2025 | Housing Bubble #2

                 High price, high risk.                  It’s the same old story since the world began.

December 4, 2025 | Japanese Bond Market Worrying Wall Street

Will Cryptos skyrocket or crash?

December 4, 2025 | A Financial Nuclear Bomb is About to Explode

Any safe havens if markets implode

December 3, 2025 | Putin Ignores Maduro’s Request for Help

Russian President Vladimir Putin is not interested in another proxy war. The Association of Tour Operators of Russia confirmed that the government is sending flights to Venezuela to remove nationals immediately. Tourism from Russia to Venezuela has grown in recent years, with over 6,000 Russians visiting Margarita Island between August and November this year. Moscow […]

December 2, 2025 | Got Gold For The Coming Reckoning?

“China has been understating its gold reserves by possibly a factor of 10. I believe this is the biggest story in world finance. The West is either asleep at the wheel or ignoring it.” – Dominic Frisby The Financial Times reported that China is under-reporting their gold reserves, subversively hiding the fact they have accumulated […]

December 1, 2025 | Canada Struggles with the Legacy of ‘Easy Money’

Canada’s economy (GDP) grew at an annualized rate of 2.6% in the third quarter of 2025  after a 1.8% contraction in the second quarter (shown below, courtesy of The Globe and Mail).Consensus expectations were for a much smaller.50% Q3 increase and the upside surprise helped Canada officially avoid two consecutive quarters of GDP decline (a […]

November 30, 2025 | Bear Sighting Was Premature

Like UFOs and Bigfoot, far more bear market sightings are imagined than real. I thought I’d spotted Papa Bear myself when Nvidia announced terrific earnings a couple of weeks ago, only to see their shares reverse and dive sharply after a deceptive spike higher. Was this the needle prick that burst the AI bubble? It […]

November 29, 2025 | Trading Desk Notes for November 29, 2025

Leading global stock indices bounced back this week following the recent “excessive optimism purge” The S&P reached record highs on October 9, but tumbled on the 10th amid China’s threat to withhold essential rare earths (blue ellipse). The market rallied back on AI enthusiasm and gapped higher over the October 24/25 weekend (pink ellipse) to reach new record […]

November 29, 2025 | This Week in Money

• Ross Clark:  Stock Markets, Gold, USD, Canadian Dollar.
• Josef Schachter:  (11:51) Canada’s Oil Patch, Pipeline  Special Offer!
• Martin Straith: (1:10:37) S&P, Nvidia, Gold, Silver. Special Offer!
• Ted Dixon: (1:37:21) Canadian Economy, Stock Market, Oil. Special Offer!