October 30, 2024 | What’s The Right Amount To Bet at a Casino?

During the financial mania of 1634 to 1637, people bid up the price of tulip bulbs. At peak craziness, a “Semper Augustus” bulb sold for the equivalent value of a $14,000,000 mansion on the Amsterdam Grand Canal today. Then the fever broke, dragging bulbs and participants’ net worth back into the dirt. Today’s financial mania […]

October 29, 2024 | Art of the Collapse, November 2024

It’s official: Deepfakes have made it impossible to trust anything we see online: This is epic! pic.twitter.com/pCbVOcHXvQ — Dr. Clown, PhD (@DrClownPhD) October 24, 2024 Meanwhile, there’s an election where both sides expect to be robbed: Dad Decides It’s Time To Have ‘The Talk’ With Son About Rigged Elections (Babylon Bee) – Local dad Dave […]

October 28, 2024 | Heading to Zero

Happy Monday Morning! As expected, Macklem and Co slashed rates by 50bps this past week, citing slower growth and a softening labour market. Further adding, “if the economy evolves broadly in line with our latest forecast, we expect to reduce the policy rate further.” Remember that line, we’ll come back to it. So the Bank […]

October 27, 2024 | Is NATO Prepared for a Trump Victory?

People believe that NATO will simply back down if Donald Trump is re-elected as he is strongly against the war in Ukraine. This is simply not the case as NATO began planning for a Trump victory months ago. Chief Jens Stoltenberg attempted to created a 100 billion euro fund that was intended to be “Trump-proof” […]

October 26, 2024 | Trading Desk Notes for October 26, 2024

US interest rates have surged higher since September 18, when the Fed cut short rates by 50 bps. US 2-year yields were near a 22-month low of ~3.63% on September 18 but closed this week at ~4.12%. In this chart of 2-year Treasury futures, the blue ellipse is September 18, and the black ellipse is October […]

October 26, 2024 | This Week in Money

• Ross Clark: Stock Markets, Gold, Silver, Oil, USD, Canadian Dollar.  Special Offer! 25% Off New Annual Subscriptions.
• Eric Hadik: (8:02) Cycle Progression Trend, Gold, Silver, Interest Rates, Cryptocurrencies.
• Mark Leibovit: (46:45) Central Banks, Interest Rates, Real Rate of Inflation, BRICS, USD. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 25, 2024 | A Jumbo Rate Cut and Worries About Deflation

The Bank of Canada made a jumbo rate cut, its fourth cut to the benchmark interest rate. The 50 basis points cut brought the policy rate to 3.75 percent. The justification for such a large cut is that CPI inflation has dropped below the target of 2 percent. The actual increase from a year ago […]

October 25, 2024 | Should We Be Cheering Bank Rate Cuts?

Is a commodity super cycle about to break out?

October 24, 2024 | Oversized Rate Cuts: Red Alert

Four easing cycles have seen the Bank of Canada deliver larger than 25 basis point rate cuts at a time: 2001, after the US dot-com bubble and Sept. 11 attacks; during the global financial crisis; in the COVID economic shock of 2020 (see chart on the left); and now, in 2024. See Bank of Canada’s Deeper Cut […]

October 24, 2024 | Peaking Stock Market Rally a “Time Bomb”?

US Dollar to bottom late this year or early next year?

October 23, 2024 | Switzerland is No Longer Neutral

“Neutral like Switzerland” can no longer be a saying as the Swiss government has announced it is joining the European Sky Shield Initiative (ESSI) to develop a shared missile defense system across Europe. Switzerland is neither an official member of the European Union nor a member of NATO. Yet, the nation forfeited its neutrality stance […]

October 22, 2024 | About That: Should Baby Boomers Get More Government Money?

Aged populations are ballooning government deficits in most countries. The Bloc Québécois has threatened to force a snap election if Canada’s federal government doesn’t increase Old Age Security payments for people between the ages of 65 and 74 by 10 per cent. Andrew Chang breaks down the dilemma before the Liberals and why economists say […]

October 21, 2024 | Biden Blames Trump for his $1.8 Trillion Deficit – What Propaganda

I am sick and tired of all the constant lies. The Biden Administration blames Trump for its $1.8 trillion deficit. The interest expenditures will be about $1 trillion alone. Now, if you just accept that at face value, you are part of the problem when the United States will crash and burn. This makes it […]

October 20, 2024 | Time To Overwhelm Them With Thought Crimes

“Thoughtcrime was not a thing that could be concealed for ever. You might dodge successfully for a while, even for years, but sooner or later they were bound to get you”. – Orwell’s 1984 “They do not even need evidence to condemn someone they believe is guilty”. – Orwell’s 1984 Many people have joked that […]

October 19, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Silver, Uranium, Gold, Oil, USD, Canadian Dollar.   Special Offer! 25% Off New Annual Subscriptions.
• Martin Armstrong: (12:20)  Insurance Stocks, Europe, Middle East, US Civil War.
• Hilliard MacBeth:   (1:01:30) Canadian Real Estate, Stock Market, US Presidential Election.

October 19, 2024 | Tech Talk for Saturday October 19th 2024

The Bottom Line Better than consensus third quarter results released last week by 14% of S&P 500 companies prompted North American equity indices to advance to all-time highs. Analysts were less convinced. They lowered third quarter consensus earnings estimates again. Frequency of quarterly corporate reports ramps up this week. Another 112 S&P 500 companies (including […]

October 18, 2024 | Silver Tests $33 — For the First Time In a Decade

The standard silver pitch is that when gold goes up, stackers note the immense number of silver coins they can get for the price of a single gold Krugerand or Maple Leaf. Then they proceed to pile into the cheaper metal, sending its price up by multiples of gold’s subsequent percentage gains. But this time […]

October 18, 2024 | Insurers Stung By Florida Hurricanes

Costco now selling Platinum as well as Gold

October 17, 2024 | WTI Drops US$8/b Over Last Week As Israel Agrees Not To Attack Iran’s Nuclear Or Energy Facilities

Military tensions are picking up around the world and any miscalculation could expand the war fronts. It is not just the Middle East and Ukraine. China and North Korea are flexing their military muscles and worrying their neighbors. US pressure on Israel has succeeded in getting the IDF to agree not to attack Iran’s nuclear […]

October 17, 2024 | Just a Handful of Stocks Boosting Dow Higher

Is it time for a cryptocurrency break out? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 17, 2024 | Stats Show Higher Unemployment After Fed Rate Cuts

Should you be pulling your rainy day funds from the stock market?

October 17, 2024 | Is the Stock Market Anticipating a Trump Victory?

The strain on the grid from AI will be incredible

October 16, 2024 | Retailers Feeling The Pressure of Cash-Strapped Consumers

Major retailers have noted a pullback in consumer spending, and same-store traffic is down across restaurants this year, particularly at sit-down chains. Most are ramping up discounts and promotions to lure customers. See, After years of Increases, Companies are Rolling Back Prices: Retailers, restaurants and other companies spent years lifting prices. Now that consumers are closing […]

October 16, 2024 | Sean Taylor: The Strategic Vote for BC in Boundary Similkameen

• Sean Taylor:  Health Care Top Priority for BC.  Follow Sean on Twitter, Facebook and YouTube