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January 3, 2026 | Trading Desk Notes for January 3, 2026

Anything can happen I recorded my Moneytalks interview yesterday and told Mike that I had a gut feeling that events in 2026 would “rock our world,” and asked, “What will Donald Trump do to make sure the Republicans retain control of Congress in the mid-term elections that are less than nine months away?”   I woke up this morning […]

January 3, 2026 | This Week in Money

January 2, 2026 | Jobs Will Continue to Flee California in 2026

  California state experiences a payroll contraction during the first eight months of 2025, marking the largest job decline since COVID. The state’s 5% unemployment rate is above the national average and has remained so for the past 19 consecutive months. Over 173,000 jobs disappeared from California from January to November 2025, a 14% annual […]

January 2, 2026 | Is There a Safe Haven if Markets Crash?

Will the US Dollar climb in 2026?

January 1, 2026 | Happy New Year!

Buckle in—2026 marks a key phase in the Economic Confidence Model, when markets, governments, and institutions will be tested. By following the model rather than the headlines, we can navigate what’s coming together.

December 31, 2025 | State of the U.S. Housing Market

       In my Dec 18, 2025 interview – which starts at 43:10 – Robert Campbell answered the following questions:                       1. What is The State of the US economy?                       2. What is the State […]

December 31, 2025 | The Precious Metals the Big Winners of 2025

Bitcoin disappoints as we move into 2026

December 30, 2025 | November 2025 US Real Estate

  November home sales in the US paint a picture of stagnation and a frozen market. Home prices and mortgages have risen and demand has waned. This is a buyer’s market but conditions are not particularly favorable due to the cost of ownership. Sales rose 0.5% from November to October and were 1% lower on […]

December 29, 2025 | Why is Keynesian Economics Collapsing?

  In his 1936 book, ‘The General Theory of Employment, Interest and Money,’ John Maynard Keynes argued that aggregate demand was too volatile to be stable and would lead to inflation or recession. His theory honed in on spending as a means of price control. Low aggregate demand, Keynes argues, would lead to high unemployment […]

December 27, 2025 | This Week in Money

  • Ross Clark:  Stock Markets, Gold, Silver, Oil, USD, Canadian Dollar, Bitcoin.
  • Josef Schachter: (13:24) Crude Oil, Energy Sector, Canadian Northern Pipeline, Bitcoin, Real Estate.
  • Mark Leibovit: (59:39) Stock Markets, Gold, Silver, Oil, Uranium, Lithium, Cannabis, Bitcoin.

December 26, 2025 | Precious Metals Rally: What’s Driving the Surge?

Gold, silver, and platinum are all climbing sharply as we head into the new year. This isn’t just speculation or short-term trading — it’s being driven by real demand and tight supply in physical markets. Gold: Gold prices are at record highs, but trading activity in futures markets is surprisingly low. That suggests limited supply rather […]

December 26, 2025 | Japan & the Future

QUESTION: Mr. Armstrong, I understand the previous Japanese government did to you with the letter asking to confirm $10 billion when it was $1 billion and they never explained how they could make such a mistake. Here in Japan, we are still struggling as you had warned would be the case with the collapse of the […]

December 26, 2025 | Unobtanium! Silver spikes as industrial users scramble for inventory

Merry Christmas, stackers! Some happy images pulled from my X feed: And an “Asian Guy” video:  

December 25, 2025 | Merry Christmas!

  Merry Christmas to everyone around the world. Christmas is a reminder that history does not move in straight lines. It moves in cycles. Every civilization has faced moments where confidence was tested, institutions were stretched beyond their limits, and the public was told to trust systems that were clearly no longer working as intended. […]

December 24, 2025 | CO2 is Not Evil

Could Bitcoin crumble like the ancient Tulip market?

December 23, 2025 | The AI Supercycle Is Repricing Natural Gas – Here’s Why It Matters for Investors

For years, natural gas was seen as a temporary ‘bridge fuel’ – cheap, abundant, and eventually replaced by renewables. That story is changing fast. By late 2025, one fact has become clear: energy is the limiting factor for AI growth. For retail investors, the story has shifted from ‘green at any cost’ to ‘reliable power at any scale’. Over […]

December 22, 2025 | Fentanyl Classified as Weapon of Mass Destruction

  Fentanyl has been classified as a Weapon of Mass Destruction (WMD) after it claimed the lives of 57,000 Americans in 2025. The order directs the Attorney General, Defense, Homeland Security, State, and Treasury to treat illicit fentanyl networks as national‑security targets. The Secretary of War must update military guidelines on “chemical” incidents to include […]

December 21, 2025 | Grand Supercycle Will End with Trump

The widespread notion that a U.S. president can significantly influence the economy is mistaken. In observable fact, the broad cycles that bring us good times and bad, booms and busts, are vastly larger and more powerful than the presidency, too overwhelming to even affect, let alone command. Even the radical economic policies of Roosevelt’s New […]

December 20, 2025 | Trading Desk Notes for December 20, 2025

Some brief comments and some interesting charts ahead of Christmas week Stocks: S&P futures closed last Friday near their lows for the week, and the selling continued Monday through Wednesday this week as investors had 2nd thoughts about the AI trade and rotated into defensive issues. The market pivoted on Thursday morning, on the “much-better-than-expected” CPI […]

December 20, 2025 | This Week in Money

  • Ross Clark:  Stock Markets, Gold, Silver, Platinum, Palladium, Oil, USD, Canadian Dollar, Bitcoin.  Special Offer!
  • Mark Leibovit:  (13:38) High Tech, Japanese Bond, Cannabis, Uranium, Silver, Gold, Lithium.
  • Robert Campbell: (43:43)  US Economy, US Real Estate Bubble, Fitness Tips.

December 19, 2025 | AI Videos and the Shrinking Trust Horizon

Seemingly overnight, AI-generated content on YouTube and X has become almost indistinguishable from “real” human-made media. Nothing, in other words, can be trusted. How can a society function in that kind of information environment? We are, in short, at a civilization-threatening stage of history. But there is a fix. The following excerpts are from a […]

December 19, 2025 | Bob’s Financial Story of the Year

AI trade starts to lose its luster in Asia

December 18, 2025 | Copper Hoarding

  Copper prices are near record highs with spot prices above $11,000 per ton. Grid expansion projects and data centers are copper-intensive, The supply chain in constrained and investors are anticipating future US tariffs reaching 25%. The press is claiming that these projects are the reason for the recent surge in copper hoarding, but the […]

December 18, 2025 | Silver, Crypto, War, Food, Fentanyl, 2026

US Government Shut Down, USD, QE

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