October 2, 2023 | Deputy Prime Minister Chrystia Freeland is on the WEF Board of Trustees

Deputy Prime Minister Chrystia Freeland is officially a member of the World Economic Forum’s Board of Trustees. Klaus Schwab meant it when he said he had infiltrated cabinets across the globe. They are not even trying to hide the corruption. When I mention that Canada is on track for the Great Reset, I am not […]

October 1, 2023 | Chart of the Decade

    The monthly mortgage payment (P&I) for purchases of the median priced existing U.S. home (NAR) with a 20% down payment & average 30-year mortgage rate was $2,351 in August 2023 – up 140.6% since March 2020. The average hourly rate for all U.S. employees (BLS) has risen 21.7% since March 2020. Here in […]

September 30, 2023 | Trading Desk Notes For September 30, 2023

August/September: Bond yields, USD and Crude oil sharply higher, stocks and gold down The yield on the long bond soared from ~3.9% on the mid-July Key Turn Date to ~4.8% (a 16-year high) on Thursday. Bond prices fell as yields rose. The US Dollar Index rallied ~7% from the mid-July KTD, rising for 11 consecutive weeks. This […]

September 30, 2023 | This Week in Money

• Ross Clark:  Stock Markets, Gold, USD, Canadian Dollar.  Special Offer! Receive 25% Off New Annual Subscriptions
• Martin Straith: (11:05)  High Tech Stocks, Gold, Oil, Recession. Special Offer!
• Wolf Richter: (47:53) Interest Rates, Auto Sector, Stock Markets

September 29, 2023 | Extremely Low Rates Triggered a Mania Like the Tulip Bulb Story

History will judge that the long period of low interest rates, which endured from 2009 to early 2022 was a colossal mistake. Investors piled into fixed income assets that were extremely overpriced based on rates close to zero. And now most assets that are sensitive to rates are repricing sharply downward. Last week we saw […]

September 29, 2023 | What is a “Normal” Interest Rate?

Russia cutting fuel exports due to domestic shortages

September 28, 2023 | China’s Housing Bust Spreads

Shares in the Chinese property firm Evergrande have fallen as problems in the country’s struggling housing market deepen – affecting the wider economy. Its mainland unit Hengda Real Estate has defaulted on 4bn yuan (£449m; $547m) of debt, it revealed on Monday. The BBC’s Analysis Editor Ros Atkins examines the background to the current crisis. […]

September 28, 2023 | How to Protect Investments With Unpredictable US Government

Defensive stocks to check out.   Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

September 28, 2023 | The Odds of Another US Interest Rate Hike

The debate over the diminishing role of the US Dollar

September 28, 2023 | How Long Can Energy Stock Surge Last?

Could Gold Miners be ready for a market boost?

September 28, 2023 | OPEC’s Production Cuts Unsustainable

Uranium gaining because wind and solar power are flops

September 27, 2023 | The Most Splendid Housing Bubbles in America, September Update: Spring Bounce Fades. 20-City Index -0.6% from Peak in 2022, Flat Year-over-Year

The S&P CoreLogic Case-Shiller Home Price Index, released today, for the 20 metros it covers ticked up 0.6% in July from June, the smallest month-to-month increase since February, continuing the trend of ever-smaller month-to-month increases following the powerful bounce in the spring, when three months in a row, the month-to-month jumps were 1.5% or higher. Compared […]

September 26, 2023 | Real M2 Money Stock

The record y/y decline in M2 is just a correction within the rising trend.

September 25, 2023 | Zelensky and Trudeau Give Nazi Standing Ovation

Is the propaganda working yet? Do you believe the West is really the good guy here? Ukraine and Russia continually point the finger and accuse the other of supporting Nazis. Well, jet-setting Zelensky recently visited Canada’s Parliament where they invited a literal former Nazi from World War II to speak. Yaroslav Hunka, former 14th Waffen […]

September 24, 2023 | One Last Turn of the Screw, then REAL Pain

The bullish gap on the chart holds ominous implications for the global economy, since it removes almost all doubt that interest rates on U.S. Treasury Bonds are headed significantly higher. The rally looks nearly certain to reach 4.81%, the target of the pattern shown.  The red line through which the gap occurred last Thursday is a […]

September 23, 2023 | Trading Desk Notes For September 23, 2023

KING Dollar higher for ten consecutive weeks The US Dollar Index registered its highest weekly close in ten months, up ~6% from the mid-July Key Turn Date. The Euro (the Anti-Dollar) has closed lower for ten consecutive weeks, falling ~6% from its mid-July highs. The Yen has dropped ~7% from its mid-July highs and closed this week at 10-month lows […]

September 23, 2023 | This Week in Money

• Ross Clark: Stock Markets, Interest Rates, USD, Canadian Dollar, Gold, Oil.  Special Offer! Receive 25% Off New Annual Subscriptions.
• Victor Adair: (11:18)  Interest Rates, USD, Inflation
• John Rubino: (44:19) Oil, Uranium, Inflation, AI, Labour Shortages

September 22, 2023 | Stock Market Traders Wishing for Rate Cuts Will Be Disappointed

The U.S. stock market sold off this week after the Federal Reserve announced that rates will have to stay higher for longer. But the stock market should be careful what it wishes for. The record shows clearly that rate cuts are usually bad for the stock market and the economy. This week Jerome Powell, chair […]

September 22, 2023 | US Real Estate Prices Extremely Unsustainable

Inflation the biggest threat to US Economy

September 22, 2023 | China’s Real Estate Meltdown Sees Arrests

What is the outlook for Gold?

September 21, 2023 | Update on Key Housing Indicator

            [The above chart was presented in my Sept 2023 Timing Letter, as was the following transcript:]   “Based on the 1-2-3 chart pattern shown in the chart, odds are high that more months’ supply of homes for sale is going to start hitting the market in the months (and maybe years) ahead.”   […]

September 21, 2023 | Value of US Dollar Tied to Interest Rates

Cannabis may soar if US changes banking regulations. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

September 21, 2023 | Governments Rarely Survive Voter Pain from Foreclosures

Scandal plagued Ontario Premier Ford stops Green Belt housing plan

September 20, 2023 | Bonfire Of The Silver Shorts

After 40 years of silver price manipulation and suppression on the COMEX, the physical market has experienced a lack of production growth and enhanced demand brought about by too-low silver prices. According to the immutable law of supply and demand, silver is now in a deepening physical shortage in which sharply higher prices are both […]