November 7, 2024 | Sectors Expected to do Well Under Trump

Will inflation run wild under president Trump?

November 7, 2024 | No Signs of Stock Market Rally Ending Soon

How will Gold do under a Trump administration?

November 6, 2024 | These Two Things Don’t Go Together Which one wins?

The election is over, and the result is pretty close to a best-case scenario. The victory margin is big enough to head off the expected civil unrest, giving us a more-or-less peaceful transfer of power. And if Trump and his team keep their promises, they’ll quickly address the existential threats of global war and mass […]

November 5, 2024 | Home Listings Rise as Pandemic-Era Mortgages Approach Renewal

A new CMHC report notes that 1.2 million mortgages are up for renewal in 2025 and 980,000 in 2026. About 85% have fixed rates contracted when mortgage rates were below 2% compared with over 4% today. Although the Bank of Canada has lowered its base rate from 5 to 3.75% since June, Canadian fixed-term loan […]

November 4, 2024 | Our Fragile Infrastructure: Lessons From Hurricane Helene

Asheville, North Carolina is known for its historic architecture, vibrant arts scene and as a gateway to the Blue Ridge Mountains. It was a favorite escape for “climate migrants” moving from California, Arizona, and other climate-challenged vicinities, until a “500 year flood” ravaged the city this fall. Hurricane Helene was a wakeup call not just […]

November 3, 2024 | Home Sales Reach 14-Year Low in the US

  The home buying frenzy seen during the pandemic years has ended. We are no longer in a seller’s market as the tides have shifted. The National Association of Realtors reported that home sales in the US slowed to a 14-year low this September. Sales declined 3.5% on an annual basis. Existing homes declined 1% on a […]

November 2, 2024 | Trading Desk Notes for November 2, 2024

Bond yields have risen sharply since the Fed cut short rates on September 18. When the Fed cut rates in September, the 10-year yield was ~3.6%, an 18-month low. It was ~80 bps higher at 4.4% at Friday’s close. In October 2023, the yield was ~5%, a 16-year high. In this daily chart of the 10-year […]

November 2, 2024 | Trump Wins, Eliminates Federal Income Tax, Economy Booms – This is Important

Link to Interview.   This was the Tax Reform Proposal for Congress in 1996. It set the stage for the abolishment of the Income Tax, the introduction of the Consumption Tax, and the restoration of the tax system prior to Marxism. The proposal in its entirety is provided here in PDF format, Parts 1 to […]

November 2, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Oil, USD, Canadian Dollar, Euro.   Special Offer! 25% Off New Annual Subscriptions.
• Marc Faber: (10:49)  US Election, Income Tax, Tariffs, Gold.
• Allan Mark Angell: (38:57) Luxury Real Estate, Foreign Buyers, Vancouver Area Home Sales.

November 1, 2024 | The Great Mortgage Reset in Canada will Hit Hard

Canadian policy makers are worried about potential weakness in the economy due to higher interest rates. One of the biggest challenges facing Canadians is the increase in monthly payments that comes with higher rates. Although there have been four Bank of Canada rate cuts this year, mortgage rates have not come down as much as […]

November 1, 2024 | Will it be “Different This Time” for Stock Markets?

Junior Gold stocks have been great way to enjoy Gold’s rise

October 31, 2024 | Fourth Turning Election Igniting A Firestorm

“Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of the channels is like trying to predict the exact fault line of an earthquake. All […]

October 31, 2024 | What has More Impact than Fed Control of Interest Rates

Will Bitcoin top $73,000 US?  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 31, 2024 | Are the BRICS Closer to Bringing On the “Unit”?

The global race for global Gold supremacy

October 31, 2024 | Is Nvidia Really Worth Three And A Half Trillion Dollars?

Did the Bank of Canada cut too much, too soon?

October 31, 2024 | A Trump Victory Already Priced Into Stock Market

Gold still has room to go higher

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?