October 13, 2024 | Kamala Unwinding

[I can’t stomach news reports that take Kamala Harris’s candidacy seriously, especially articles suggesting with brazen implausibility that she is polling dead-even with Trump in some important swing states. Fortunately for those creeped out by all the tilted campaign coverage, my colleague James Howard Kunstler has compressed everything you need to know about the election into a […]

October 12, 2024 | Trading Desk Notes for October 12, 2024

The leading North American stock indices are at record highs The S&P has closed higher for 9 of the last 10 weeks, rising ~14% from its early August lows. The index is up ~22% YTD, ~41% from year-ago lows, and ~65% from two year-ago lows. It has closed higher for 11 of the last 12 […]

October 12, 2024 | This week in Money

• Ross Clark:  Stock Markets, Dow, S&P, Gold, USD, Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions.
• Victor Adair:  (9:21) Markets, Inflation, China, Recession.
• Josef Schachter:  (38:25) Energy, Oil, Natural Gas.
• Martin Straith: (67:45)  Stock Markets, Seasonal Trends, Gold, Government Deficits.  Special Offer!

October 11, 2024 | More Great Gold Miner Earnings Reports Coming Soon

A rising gold price boosted second-quarter (June-August) earnings for the best-run gold miners. See: Q2 Gold Miner Earnings Might Liven Up the Summer Doldrums Portfolio Update — Q2 Earnings Edition And earnings for Q3 — which ended on September 30 and will be reported shortly — should be even better, thanks to continued gains for […]

October 11, 2024 | Will Russian Buying Push Silver to $50?

Is It Still a Good Time to Get Into Corporate Bonds?

October 10, 2024 | Cycle of War Technology & Fate of the EU

  QUESTION: I hear that the F16, introduced in 1978, is obsolete in today’s modern war. Do you have any information on this? Have we entered the day when swords are replaced by guns? PH ANSWER: The F-16 is a legendary warplane. You are correct. It was first introduced in 1978. It was a versatile […]

October 10, 2024 | Hurricanes, Gold, Trump, Zombies

Corruption in Canada, Children, Steal the Election, Dumb as Rocks.

October 10, 2024 | Oil Surprisingly Flat Despite Middle East Turmoil

Defense stocks on the move higher.

October 10, 2024 | Do Lunar Cycles Influence Gold Prices?

Insurance shares shrug off the latest Florida hurricane.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 9, 2024 | Realty Bubble Bursting as Power of Sales Spread

In September, across the Greater Toronto Area, there were 204 power-of-sale listings, more than double the 96 reported in September 2023, an increase of 112% year over year and more than triple pre-pandemic levels (chart below since 2020).   See, Power-of-sale listings more than double as mortgage lenders repossess homes from over-leveraged buyers. Finally, reality is dawning […]

October 8, 2024 | Biden Wants Banks to Report All Transaction over $600

The Biden Administration is pushing banks to report every $600 transaction, whether a deposit or withdrawal, from every business or personal account. The Democrats want everything, and no matter how much they collect, they will always spend more. TAXES are really no longer even necessary along with borrowing. They never pay off the debt anyhow, […]

October 7, 2024 | Cheaper Mortgages?

Happy Monday Morning! I just got back from presenting at the annual Veritas Real Estate conference in Toronto. The conference, which caters towards investment professionals and financial institutions engaged in a healthy debate on the direction of our housing market. There was a lengthy discussion on interest rates, which is undoubtedly one of, if not the largest […]

October 6, 2024 | Why I Do Not Trust Safety Deposit Boxes

  I have said numerous times that your personal belongings are at risk in safety deposit boxes. The Fourth Amendment was intended to protect Americans from illegal search and seizures, but as we have seen in recent years, the government does not respect the Constitution or our freedoms. Governments will become increasingly tyrannical as we […]

October 5, 2024 | The Panic Cycle in September A Warning for the Future

QUESTION: Marty, it appears that the September panic was on the upside, and it also appears to be a turning point. It looks like it may be a high in the Dow and Gold on a closing basis. I must say, it’s far easier to see now that this election may be the last. Does […]

October 5, 2024 | This Week in Money

• Ross Clark:  Stock Markets, S&P, Nasdaq, Oil, Gold, Uranium.  Special Offer! 25% Off New Annual Subscriptions.
• John Rubino: (13:42) World War III, Financial Markets, Oil, Energy.
• Robert Campbell:  (49:24) Real Estate, Interest Rates, War.    

October 4, 2024 | Canada is Falling Behind The U.S.

Canada is falling behind the U.S. in economic growth. Up until a few years ago, Canada and its huge neighbour to the south grew by about the same annual rate. But since 2022 Canada is falling behind by most measures. What happened? The Economist wrote an article on September 30, 2024 titled “Why is Canada’s economy falling […]

October 4, 2024 | How Realistic is the BRICS’ Proposed Gold Backed “Unit”?

China’s stock market hit by a wave of FOMO buying

October 3, 2024 | Canadian Rough Patch Getting Rougher

Canadian businesses are closing at one of the fastest rates in history. See: Canada Just Saw One in Twenty Businesses Close in a Month, Biggest Wave Since the Pandemic. Since the vast majority of private sector job growth is driven by small—to medium-sized companies, it’s not surprising that job vacancies (blue line on the lower right […]

October 3, 2024 | Canadian Businesses Closing at an Alarming Rate

Will China’s effort to fire up a lagging Economy work?

October 3, 2024 | Will China’s Stimulus Blitz Help US Markets?

Do you hold onto oil stocks for the long term or trade daily? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 3, 2024 | What is Making Commodities a Hotter Prospect?

Middle East tension driving oil higher?

October 2, 2024 | Iran’s Threat To Use It’s Largest And Most Lethal Ballistic Missiles To Attack Israel Lifted The Crude Oil War Premium by US$5/b

The first major issue to be concerned about is the Middle East:  Israel’s multi-phased removal of the top military and leadership of the terrorist group Hezbollah has moved the northern Israeli war front to a more deadly phase. Starting with the killing of longtime Hezbollah leader, Nassan Nasrallah (believed to be a direct descendant of […]

October 1, 2024 | China Launches Next Wave of Asset Propping Efforts

2024 has seen the most aggressive central bank easing globally since the 2020 pandemic and 2008-09. Whatever ‘stimulus’ impacts may flow from this will filter into the economy over the next few years. In the nearer term, the 22-fold tightening cycle of 2022-2023 will continue to weigh on borrowing and spending ability over the next […]

September 30, 2024 | Housing Downturn Intensifies with Motivated Sellers

Nationally, the supply of new one-family homes in America (shown below since the 1960s) has only been higher in the 2005 housing bubble peak. As more existing homes come on the market from stretched households and investors, home supply is rising in most areas. The median price of a new single-family home fell by 4.6% […]