October 25, 2025 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Oil, USD, Canadian Dollar.
• Rick Ackerman:  (11:22) Dow, Gold, Silver, Platinum, Palladium, AI.
• Josef Schachter:  (44:46) Energy, Outlook for Oil.
• Allan Angell: (1:42:08) Vancouver Real Estate.

October 24, 2025 | China Rare Earth Grip Tightens

The global fight over rare earth elements has entered a new and dangerous phase. China holds the advantage—and Washington has few good options. In October, Beijing announced new restrictions on exports of rare earth elements (REEs). Any product containing even trace amounts of China-sourced materials could now require special approval or be denied altogether. The […]

October 24, 2025 | Recession Watch: Shadow Banking Crisis … and So Much More

The spread of private equity and non-bank lending has created a “shadow banking system” that’s largely invisible — until something breaks. Then the resulting losses show up in the real banking system, and everyone freaks. In the past couple of months, some of this shadow paper went bad without warning. Here are a few bullet-point […]

October 24, 2025 | Is the Bubble of Everything About to Burst?

Is a “Black Swan Event” likely under Trump?

October 23, 2025 | Post-Pandemic Inflation in Canada

Inflation in Canada rose to 2.4% this September, as reported by Statistics Canada. Excluding gas, the rate sits at 2.6%. Volatile prices among all essentials, from groceries to shelter, are ramping up the cost-of-living crisis for all Canadians. Grocery prices have been on the rise since the pandemic and cannot be attributed to tariffs. The […]

October 23, 2025 | How Long Will Gold Pull Back Last?

Will US sanctions on Russia up energy prices?

October 22, 2025 | Record Capital Risk

Most retirement accounts and investment portfolios are designed to track broad stock indices like the S&P 500, but under the hood, there’s much less diversification than imagined. One chip company, Nvidia, accounts for 7.3% of the S&P 500 market capitalization; the three most expensive companies—Nvidia, Microsoft, and Apple—comprise an unprecedented 21% of the index (chart […]

October 21, 2025 | Geothermal Heat Going Mainstream in Toronto

Renewable energy systems keep gaining market share, because there are many different solutions for different applications and they keep getting cheaper and cheaper as well as being cleaner, more efficient, safer and smarter than traditional sources. Good news! Read Inside the deal that’s making geothermal heat go mainstream in Toronto. Here’s a taste: “We can get […]

October 21, 2025 | Europe Preparing to Confiscate Private Accounts for War?

The European Union is planning to cancel paper currency and move to CBDC to carryout: Claiming they wish to elmininate the American credit card system of VISA and MasterCard they claim for economic independence when in truth the European monetary system is collapsing.  They are seriously claiming national security insistenting that Putin wants to invade […]

October 20, 2025 | Did Trump Force Zelensky to Back Down?

  COMMENT: Marty, we realize you have no respect for the Nobel Peace Prize after they gave it to Obama for absolutely nothing.  However, we should all nominate you because we also know you have been working the back channels in Washington and Moscow. It seems like Trump followed your recommendations for Zelensky to back […]

October 19, 2025 | Is Deep Fear Driving Gold, or Just the Bubble

  The aging bull market smells like it’s in a topping process, although it could take a vicious head-fake or two to new highs to set the hook. Last week, I raised the possibility that shares had entered a vortex similar to the one that led to the 1929 Crash. A key similarity is that […]

October 18, 2025 | The Final Crisis: This is Our Future

Turn out the lights, the party’s overThey say that all good things must endCall it a night, the party’s overAnd tomorrow starts the same old thing again      – Willie Nelson Willie Nelson is not, to my knowledge, a proponent of any economic cycle theories – though now at 92, he’s seen more cycles than most […]

October 18, 2025 | This Week in Money

• Ross Clark: Stock Markets, Gold, Silver, Oil.
• Eric Hadik: (10:48) Market Cycles, Gold, Silver, Palladium, Platinum, Bonds, Interest Rates, Oil, Bitcoin, 80 Year War Cycle.
• Robert Campbell: (33:10) Gold, US and California Real Estate.

October 17, 2025 | Canadian Auto Industry Faces Creative Destruction

The Canadian auto industry is in deep trouble. Donald Trump’s new tariffs threaten cross-border trade — and U.S. automakers are already moving production south. Here’s the kicker: Canada’s auto sector isn’t even Canadian. Toyota and Honda build three-quarters of the cars assembled here. American brands make the rest. And those are being moved south: “In a major […]

October 17, 2025 | JP Morgan Boss Worried About Small Banks

Is it too late to pile in on Gold?

October 17, 2025 | Is Gold Due for a Correction?

Hard to tell the difference between rational and irrational exuberance

October 16, 2025 | Chaos and Disorder Prohibited by National Guard

The party of chaos and disorder is furious that the National Guard has been restoring peace to US cities. Every metric has shown crime significantly plummeting in every area where the National Guard has been stationed. American citizens are safe; the military is protecting those abiding by the law. Yet, those like Obama are spinning […]

October 16, 2025 | Gold, No Kings, USNA, Dumbasses

AI, Antifa, Canada, Booster/Flu Vaccine

October 15, 2025 | The Compound Cost of Policy Errors Around Immigration and Housing

A couple of must-read articles from the Globe this week examine Canada’s policy errors around immigration and housing–two tangential, interconnected themes with far-reaching impacts for our economy, present and future. See, How Canada got immigration right for so long–and then got it very, very wrong: Canada conducted a decade-long experiment. The experiment’s principal investigator was the […]

October 14, 2025 | Real Estate Bust Has Legs

The Canadian housing bubble has been deflating since February 2022, and there’s room for it to run. We highlighted the mania and frenzy of financially destructive behaviours in real time, noting that once bubbles pop, property prices typically take years to recover. BMO Senior Economist Robert Kavcic apparently agrees. In a recent note highlighted on Better […]

October 13, 2025 | A Monetary Reset is Coming, and Canada isn’t Prepared | Maxime Bernier

Maxime Bernier has had a long-standing interest in business and worked for several financial and banking institutions. He become Executive Vice-President of the Montreal Economic Institute in 2005. Many people in the region encouraged him to enter politics. He took up the challenge and was elected a Member of Parliament on January 23, 2006. He […]

October 12, 2025 | Making Money – But At What Price

  [Taken from “Health First” in Sept 2025 Timing Letter] Regardless to what happens to the price of real estate or gold, your highest priority should be your health. I like making money as much as the next guy – if not more.  But the first thing I think about when I get up in […]

October 11, 2025 | Trading Desk Notes for October 11, 2025

Leading global equity indices (and other risk assets) tumble on a sharp rise in US/China trade tensions China’s announcement of comprehensive restrictions on rare earth exports on Thursday had little impact on equity markets (but gold and silver tumbled). However, Trump’s aggressive social media response on Friday morning sparked a relentless day-long decline across equity markets. Trump […]

October 11, 2025 | This Week in Money

• Ross Clark: Stock Market Correction, Gold Top?, Oil, Uranium.
• Victor Adair:  (11:59) Stock Markets, Rare Earths, Trade Wars, Interest Rates, Oil.
• Hilliard MacBeth: (43:36)  Real Estate, Mortgage Rates, Economy, Chinese EVs.