August 9, 2024 | Trillions Spent on Climate Change a Waste of Money?

Should there be a Gold Bitcoin ratio?

August 8, 2024 | The Riots in the UK – Coming to the USA Soon

    Our computer has been forecasting a major rise in civil unrest on a global scale. We are witnessing this from Nigeria to Europe and even in Britain. It will migrate to the United States, and we should be prepared for NOBODY to accept this election REGARDLESS of who wins. The mainstream press will […]

August 8, 2024 | Market Mayhem, War, No Mortgage Funding, England Revolt

Covid Aftermath, Deep State Takedown, Sleeper Cells

August 8, 2024 | US Industrial Production Drop a Concern

Gold may take a while to bounce back. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

August 8, 2024 | Be Prepared for Another Stock Market Shock

Lack of consumer demand keeping crude prices down

August 8, 2024 | Lower Interest Rates Won’t Instantly Solve Slow Economy

Did good intentions cause our financial problems?

August 8, 2024 | Could Market Rally Hit New Highs?

Interest rate cuts will be too late to prevent recession.  Special Offer!

August 7, 2024 | Luxury Condo Sells for 21 Percent Loss

  According to the Toronto Regional Real Estate Board (TRREB), the average sale price for all property types in the Greater Toronto Area (GTA) dropped to $1.106 million in July. On a month-over-month basis, the price fell by 4.7% from June. On the supply side, new listings rose 18.5%, and the sales-to-new listings ratio was […]

August 7, 2024 | Is Argentina’s Hyperinflation The Fate For Every Country?

VIX, Gold, US Dollar, Bitcoin, Debt

August 6, 2024 | Canada’s Financial Hell Paved with Good Intentions

As interest rates fell from 1980 to 2020, the average Canadian home price increased 746% from $67k to $566k, while the median household income rose about half that rate (400%) from $21,252 in 1980 to $84,000 by 2020 (table courtesy of Nerd Wallet). The average Canadian home price rose from about 3x the median household income […]

August 5, 2024 | Americans Prepared for Lasting Inflation

Americans are preparing for a prolonged inflationary period, based on new data from the New York Fed. The New York Federal Reserve’s Survey of Consumer Expectations found that Americans are still pessimistic about inflation waning, with no one now believing it is transitory. The median expectation is that inflation will remain at the 3% level in […]

August 4, 2024 | Everybody Knows

Everybody knows that the dice are loaded Everybody rolls with their fingers crossed Everybody knows the war is over Everybody knows the good guys lost Leonard Cohen – Everybody Knows Having heard this Leonard Cohen classic on the radio a few days ago, the lyrics have been rattling around in my head as a perfect […]

August 3, 2024 | Trading Desk Notes for August 3, 2024

With the NAZ down ~12% since the July 11 record highs, do we bounce or keep falling? The NAZ closed lower for four consecutive weeks and closed this week at 18500 (which may be an essential support level), the lowest close since May 14. Perspective: At the July 11 highs, the NAZ was up ~20X from […]

August 3, 2024 | This Week in Money

• Ross Clark:  Stock Market Downturn. Special Offer! 25% Off New Annual Subscriptions.
• Tim Wood: (13:56) Dow Theory Alarm Bells, Major Correction?
• Martin Straith: (20:38) Stock Market, Nvidia.
• Robert Campbell: (55:10) US Real Estate, Housing Bubble.

August 2, 2024 | American’s #1 Financial Problem in One Chart

  In April 2024, a record 41% of those surveyed claimed that the high cost of living/inflation was their #1 financial issue – up from the previous record highs of 35% in 2023 and 32% in 2022. At 14%, the high cost of owning or renting a home was the 2nd largest financial issue. Negative […]

August 2, 2024 | Stocks Paying the Price for Being Hugely Over Bought

The case for Junior Gold miners and quality corporate bonds

August 1, 2024 | Digital Ruble 2025

  Russia has announced that it will implement a digital ruble by next July. Moscow will begin using cryptocurrency for some foreign transactions to bypass sanctions and SWIFT. As of November 2024, Russia will permit crypto mining, so long as it is carried out under the watchful eye of the government. The Bank of Russia […]

August 1, 2024 | Flat Earnings Take Toll on Stock Markets

Market sell off into the fall likely.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

August 1, 2024 | Gold The Place To Be For So Many Reasons

The shine is coming off AI

July 31, 2024 | Study: Canadians Experiencing Worst Standard of Living in 40 Years

The Fraser Institute conducted a study that found Canadians are experiencing the worst standard of living in the past 40 years. Conditions are beneath what was experienced during the 89 recession, the Great Recession, and even the early stages of the post-pandemic. What is going on in Canada? Justin Trudeau uprooted Canada’s fiscal landscape and […]

July 30, 2024 | The Most Splendid Housing Bubbles in America, July 2024 Update. Below 2022 Peak: San Francisco, Seattle, Phoenix, Portland, Denver, Dallas, Las Vegas. New Highs: Miami, Los Angeles, San Diego…

The S&P CoreLogic Case-Shiller Home Price Indices, released today for “May,” are three-month moving averages of home prices in 20 metropolitan areas whose sales were entered into public records in March, April, and May. So that’s the time frame. Over this period, home prices in all 20 metros increased from the prior month, in most […]

July 29, 2024 | Cash Flow Problems

Happy Monday Morning! As expected, the Bank of Canada slashed rates another 25bps this past week. It was a dovish press conference, with Tiff emphasizing excess supply in the economy. In the words of the BoC, economic growth likely picked up to about 1.5% through the first half of this year. However, with robust population […]

July 28, 2024 | From the Archives: How to Short Stocks – Is it finally time??

First, the FAANG stocks (Facebook, Apple, Amazon, Netflix, and Google) were going to rise forever. Then they morphed into the “Magnificent 7” which many believe will ride the AI boom to infinity and beyond. Either way, the result is a wildly unbalanced market (and economy) supported by a tiny group of multi-trillion-dollar companies. We’ve seen […]

July 27, 2024 | Trading Desk Notes for July 27, 2024

Reversion to the mean continues across key markets Big-cap tech stocks fuelled a ~50% rally in the NAZ (~39% in the S&P) from October to July; their recent weakness contributed to the NAZ falling ~10% (S&P ~5%) from record highs. The MAG7 market cap is down ~$2 trillion (~12%) since July 10.   The Russell 2000 […]