February 2, 2025 | Mainstream Media Muffle China’s Breakthrough

Bloggers were revved up when last week began, trumpeting a warning that China’s DeepSeek R1 threatened to crush America’s capital-intensive effort to lead the world in AI development. ZeroHedge was among the first to jump on the story. “The future of humanity is being decided as we speak,” wrote Mark Whitney. “This is a full-blown, […]

February 1, 2025 | Trading Desk Notes for February 1, 2025

THIS IS NOT A DRILL It was a hectic week in the markets, but two events were especially significant: 1) The spot S&P traded to all-time highs last Friday, January 25, but the S&P futures gapped lower Sunday afternoon and fell hard early Monday on the DeepSeek story (blue ellipse) and 2) The S&P rallied all week from […]

February 1, 2025 | This Week in Money

• Ross Clark : Stock Markets, Trump’s Tariffs, Gold, Oil, Canadian Dollar
• Maxime Bernier:  (8:00) Tariffs, Canada’s Economy, 51st State, Remove Capital Gains Tax, Making Canada The Most Prosperous Nation on the Planet
• Victor Adair: (28:54) Tariffs, Gold, Investment Market

January 31, 2025 | The Casino Enters “Peak Complexity”

Finance hasn’t been simple for a long time. Starting more or less in the 1980s, traditional instruments like stocks and bonds were joined by futures, options, private equity, junk bonds, and bespoke derivatives like credit default swaps. “Quants” now build “black box” trading algorithms to arbitrage the relationships between these things, and clients place bets […]

January 31, 2025 | Will Gold Replace USD as World Reserve Currency?

Will Cryptos drastically plunge in a market correction?

January 30, 2025 | The Rise of DeepSeek: Redefining the Future of AI?

The artificial intelligence (AI) landscape is on the brink of a seismic shift with the advent of DeepSeek, a Chinese startup that has developed an innovative AI model capable of rivaling top-tier offerings from global leaders such as OpenAI and Meta. DeepSeek’s groundbreaking approach, which combines cost-effective hardware with optimized software solutions, threatens to upend […]

January 30, 2025 | Trump Tariff War vs Canada About to Start

Gold makes record highs. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

January 30, 2025 | Will Nvidia Survive Hit from Deep Seeking Missile?

Gold finally giving life to miners

January 29, 2025 | President Trump’s Tariff Agenda Weighs Heavily On Canadian Energy Sector

President Trump moved quickly to show he meant business with his Tariff’s. Colombia’s leftist President would not let US planes land in his country with deported criminals that were his citizens. President Trump threatened 25% tariffs immediately and 50% a week later. This would have severely hurt the Colombian economy which exports crude oil and […]

January 29, 2025 | Pent-up Listings Hope for Spring Demand

The Bank of Canada (BoC) cut interest rates by 25 bps this morning, bringing the overnight rate to 3%, 200 bps lower than when the central bank started easing in June 2024. Moreover, the BoC announced it would restart quantitative easing (Treasury buying) in March to reduce longer-term yields/interest rates and increase liquidity in the […]

January 28, 2025 | Tariff Threats Successful – Colombia to Accept Returned Citizens

  Tariffs never work, but threats often do when it is known they will be carried out. Donald Trump threatened Colombia with massive tariffs, sanctions, and travel bans if the nation refused to take back thousands of illegal Colombian migrants. Within ONE HOUR, Colombia agreed to all terms and conditions. Two repatriation flights to Colombia […]

January 27, 2025 | Poorer Than You Think

Happy Monday Morning! A good reminder from the economics team at National Bank highlights the sobering proposition that a Canadian household would need an annual income of approximately $186,963 to afford a mortgage on a median-priced home in this country, at which point the government thinks you’re rich and taxes you into oblivion. In places […]

January 26, 2025 | Nifty Trick Keeps the Bull Alive

    I still expect Bitcoin to notch one or two more record highs on the hourly chart, but they will likely be the dying gasp of the bull market that began in 2009. There is reason to doubt that the broad averages will be swept up in this fetid blast of flatulence. That would […]

January 25, 2025 | Trump’s Biggest Policy Change Is Great For Gold

The president has definitely hit the ground running. But his most impactful policy move isn’t an executive order or cabinet appointment. It’s this: President Trump says he’ll ‘demand that interest rates drop immediately’ (CNBC) – President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest […]

January 25, 2025 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Oil, US Dollar, Canadian Dollar.
• Rick Ackerman:  (10:00) Bitcoin, US Dollar, Optimization.  Special Offer!
• Allan Mark Angell:  (51:43) High End Real Estate, Condo Sales, Spring Market.

January 24, 2025 | Trump’s Revolution, In Context

As you watch Trump shred the old order, are you wondering about this revolution’s historical and philosophical roots? For instance, how does MAGA relate to the Fourth Turning? Or to the deep state? Or the Monroe Doctrine, Woodrow Wilson’s globalism, George Soros’ “open society?” or Klaus Schwab’s one world government? Could you, in short, use […]

January 24, 2025 | Gold Juniors Carry High Potential

Is it market exuberance or plain insanity?

January 23, 2025 | Could the US Drop Canada as a Trade Partner? Trump Threatens FREE Trade

Donald Trump is prepared to drop Canada as a trade partner based on his recent comments in Davos at the World Economic Forum. “We don’t need them to make our cars, and they make a lot of them. We don’t need their lumber because we have our own forests,” he continued. “We don’t need their […]

January 23, 2025 | Stocks Driven Higher by AI Energy Demand

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January 23, 2025 | The US Definitely Needs Canadian Oil and Gas

Canadian inflation under better control than in the US

January 22, 2025 | Why Biden’s Pardons Are Unconstitutional and VOID

  QUESTION: YOu said that Biden’s pardons are probably unconstitutional. Please explain this since nobody in the press has taken that position. Thank you for your insight LD ANSWER: The only pardon that has any real validity is that for Hunter. All of these “preemptive” pardons are not valid. The Supreme Court made this issue […]

January 21, 2025 | Canada Created its Own Trade Barriers

  Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International Monetary Fund (IMF) stated in a 2019 study that Canada’s own restrictions are “regarded as the most comprehensive analysis of internal trade barriers.” Rather […]

January 20, 2025 | The Cash Cow

Happy Monday Morning! Highlighting a good piece from the BMO economics team this past week. Per BMO, The Canadian housing market should firm modestly this year, but it’s still a long way back to the 2022 highs. Activity and prices have recently improved alongside Bank of Canada rate cuts, and that moderate upward momentum should […]

January 19, 2025 | Microsoft

Get Microsoft right, as I continue to remind you, and your forecast for the stock market can’t go far wrong. The tech giant is among the most valuable companies in the world, with extraordinary profit margins tied to an 80% market share in operating systems. The subscription-based revenue model the company has put in place […]