September 5, 2023 | Extend and Pretend Has Magnified Economic Shock

As interest rates soared above six percent over the last seventeen months, four of the big five Canadian banks have allowed floating-rate customers to extend and pretend by making the same mortgage payments as when floating rates were sub-2%. This has compounded solvency problems as unpaid interest adds to the debt and extends amortization periods […]

September 5, 2023 | Soros Sets Focus on Defeating Trump

They simply cannot bring Donald Trump down as his supporters are extremely loyal. The globalist elite are in a panic – if the inditement doesn’t work, Trump will come out swinging with a vengeance. Trump has already vowed to prosecute all responsible for this fake witch hunt. Perhaps they underestimated the overwhelming amount of support […]

September 4, 2023 | Some Scary Shit

I let it all hang out in the interview I did Friday with USAWatchdog‘s Greg Hunter. Do I actually believe the U.S. economy is headed into a condition of barter? Yes, I do.  It will be that bad. And global. Americans in particular will face a long period of severe hardship when these boom times end. […]

September 3, 2023 | US Real Estate Market

QUESTION: Mr. Armstrong, You were the only one who forecasted that real estate would continue to rise in conjunction with the rate increases by the Fed. I have been following you only since 2020 and COVID-19. I am impressed with your computer and your analysis, which does not change with every passing headline. Can you elaborate […]

September 2, 2023 | Trading Desk Notes For September 2, 2023

The Fed is likely done raising rates in 2023 Markets were focused on US employment data during the last week of summer, and after the JOLTS, ADP and BLS reports, the chances of another rate increase from the Fed this year fell to ~30%.   Since April, short-term and long-term interest rates have been trending higher in Canada […]

September 2, 2023 | What Happened To Canada?

On Greg Hunter’s show last week I said something like: If five years ago you’d asked me to name the country least likely to go authoritarian, I’d have picked Canada. It always seemed like a well-run place full of mature people with good intentions. So it’s a shock to see what’s happening up there. To which a […]

September 2, 2023 | This Week in Money

• Ross Clark: Stock Markets, Oil, USD, Canadian Dollar, Uranium.  Special Offer! Receive 25% Off New Annual Subscriptions
• Mark Leibovit:  (13:52) Cannabis, Cryptos, SuperMoon. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
• Martin Straith: (44:39) Job and Economic Growth Reports, Interest Rate Cuts, Oil.  Special Offer!

September 1, 2023 | Crude Oil Demand Will Suffer as Transport Goes Electric

While the world’s crude oil consumption will soon start to decline, many investors expect there will be robust demand for crude oil for decades to come. But it is not too early to analyze the impact of declining demand for crude oil when choosing long-term investments. Most investors based in Canada, and especially Alberta, believe […]

September 1, 2023 | China’s Economic Problems Continue to Pile Up

What can we expect from the stock markets after Labour Day?

August 31, 2023 | Good and Bad News

  Let’s start with the bad news. Being that housing prices are high and affordability is ridiculously low, the pic is pretty much accurate – especially in California. The good news? History tells us that market conditions like this are temporary and won’t last forever. Housing prices will fall (and become affordable again) at the […]

August 31, 2023 | More Banks to Fail? Not in North Dakota

US. banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook. This follows sweeping downgrades earlier in August by Moody’s, which cut credit ratings on 10 banks and placed four of the 15 largest U.S. banks on review for possible downgrade. As with the banks going […]

August 31, 2023 | Will Earnings Boost October Stock Market Confidence?

What are the odds of another Fed rate hike?

August 31, 2023 | Real Estate, China, Energy, Mining

Inflation likely to stay higher longer than many expect

August 31, 2023 | Stock Markets Ripe for an October “Surprise”

Your next insurance bill may be quite a shock

August 30, 2023 | Unaffordable Prices Cure Unaffordable Prices

Canada’s housing bubble is crystal clear unless you are paid not to see it (wilfully blind) or painfully naive. The average national home price of 754K in July is ten times the average household income of $75k. The historically recognized affordability ratio has been home prices that are 3 to 4 times household income; this […]

August 30, 2023 | COVID Vaccine Required for LEGAL US Immigrants

There is an uptick in previously dormant viruses. Then again, countless people have entered America at the southern border illegally. Those who wish to come here on goodwill, legally abiding by US law, are forced to undergo a physical examination and receive the following vaccinations: Diphtheria Tetanus Pertussis Polio Measles Mumps Rubella Rotavirus Haemophilus influenzae […]

August 29, 2023 | The Most Splendid Housing Bubbles in America, August Update: 4th YoY Price Drop Overall, 10 of 20 Cities with YoY Drops. Month-to-Month, Selling Season Begins to Fade

Today’s S&P CoreLogic Case-Shiller Home Price Index for “June” is a three-month moving average of home prices whose sales were entered into public records in April, May, and June, and it still shows the seasonal effects of spring selling season, when prices typically rise on a month-to-month basis, but the effects began to fade, and the index […]

August 28, 2023 | Inflation: Out of Control?

The strongest run of “Inflation” in more than forty years is underway, and pundits claim that it has much further to go. Indeed, popular and highly regarded financial talk shows are reporting that “All paper currencies have eventually gone to zero”. Inevitably, such would indeed be catastrophic.

August 27, 2023 | ‘AI’ Just Another Wall Street Scam

A handful of tech moguls already control the global flow of information, but their influence over our lives will only expand and deepen if Congress doesn’t do something soon to pry their greedy hands from the ultimate fruits of AI development. I say this while recognizing the irony of casting our elected representatives as the […]

August 26, 2023 | Trading Desk Notes For August 26, 2023

Short-term interest rates surged higher this week Two-year Treasury futures traded to a 23-year low, the 5-year hit a 16-year low, and the 10-year closed the week at a 16-year low, but the long and ultra-long bond futures closed a little higher on the week after hitting multi-year lows on Monday. June 2024 SOFR futures […]

August 26, 2023 | This Week in Money

• Ross Clark:  Stock Markets, Nvidia, USD, Canadian Dollar, Gold, Silver, Oil
• Victor Adair: (9:43) Stock Markets, China, US Economy, Election Year
• John Rubino: (41:53) World War Against The USD, Consumer Debt, AI, Junior Miners

August 25, 2023 | Disobey and Live – Maui Fire Barricades

There are a number of factors that do not add up regarding the Maui fires. I am refraining from speculating, but based on the facts, the government allowed people to die. I reported that the fire hydrants were dry and the top official refused to use water reserves. The notification system and sirens mysteriously failed, […]

August 25, 2023 | Real Estate Going into Long Term Decline

Should you sell your house now to get the highest price?

August 25, 2023 | Has the Fed Eaten Yellen’s Magic Mushrooms?

Is China’s economy turning Japanese?