August 13, 2023 | T-Bond Plunge Ahead?

Is Mr. Market about to deliver the coup de grace to bond bulls? It certainly appears that way.  They’ve been getting schmeissed regularly since a frightening few days back in March 2020.  At the time, investors were struggling to decide how covid would affect their financial lives. The wild gyrations near the top, followed by the subsequent collapse of […]

August 12, 2023 | Trading Desk Notes For August 12, 2023

Interest rates keep rising. The 1-year T-Bill yield is at 22-year highs Treasury yields are rising as governments issue more debt to “fund” the difference between income and expenses. People will buy US government debt, but at what price? Governments have discovered that voters like fiscal stimulus (expect it to continue) and don’t care about rising deficits […]

August 12, 2023 | This Week in Money

• Ross Clark –  Stock Markets, AI, Gold, USD, Canadian Dollar, Copper
• Danielle Park – (9:51) Interest Rates, Economy, Personal Debt Bubbles
• Mark Leibovit – (50:13) Lunar Cycles and the Stock Market, China, Gold, Digital Currencies. Receive 50% Off VR Trader Newsletters! Enter Promo Code  2022HALFOFF.

August 11, 2023 | Deflation Risk in China is Real

The risk of deflation in China is real. A moderating pace of growth, large private sector debts and a slowdown in the crucial property sector suggest lower income, prices and deflation. Is China entering a debt deflation spiral? China has enjoyed a longer-than-four-decades income and wealth expansion that has rarely happened in the thousands of […]

August 11, 2023 | BRICS Planned Alternative Currency on Shaky Ground

You can’t print more grain, oil or uranium

August 10, 2023 | JUST US – The Rising Tide of Civil Unrest

I have said that the reason they indicted Trump’s valet as a co-defendant in the Mar-a-Lago, was to pull the standard “extortion” where he is to perjure himself for the government or face 120 years in prison. This is how they win Conspiracy Cases. Federal Judge Jed. S. Rakoff wrote a book on the extortion […]

August 10, 2023 | Q, Space Force, Fudge Packing Parties

Mel Gibson, Human Trafficking, Roach Motels.

Watch – Dr. Jan Halper-Hayes Suggests Space Force Has Evidence of 2020 Election Fraud

August 10, 2023 | Mid-September Market Correction?

Will the Dow set new records in the near future?

August 9, 2023 | Ellen Brown: War By Other Means: Short Selling JPMorgan Chase

When the FDIC put Silicon Valley Bank (SVB) and Signature Bank into receivership in March, a study reported on the Social Science Research Network found that nearly 200 midsized U.S. banks were similarly vulnerable to bank runs. First Republic Bank went into receivership in May, but the feared contagion of runs did not otherwise occur. […]

August 8, 2023 | “Normalized” Rates and Record Debt Mean Tough Times

Canadian banks are offering mortgage rates above 6% for 1, 2, 3, 4 and 6-year terms on new purchases (below via Ratehub). Home equity lines of credit are above 7%. These are historically average mortgage rates. The trouble is that after 13 years of unnaturally low rates (2009-2022), people are carrying debt loads far above the long-term […]

August 7, 2023 | Marines Deployed as US-Iran Tensions Rise

World War III continues to heat up as the US Marines have been deployed to the Strait of Hormuz. The military also plans to deploy F-16 and F-35 warplanes and an Amphibious Readiness Group/Marine Expeditionary Unit containing 3,000 troops. France24 says that Iran has attempted, sometimes unsuccessfully, to take control of 20 internationally flagged ships […]

August 6, 2023 | The Long Wave Versus the Printing Press

This is a reprint [with a few edits] of an article I wrote way back in 2010 — when a supercycle crash was already overdue: The fascinating thing about “long wave” analysis (broadly defined to include Kondratieff waves,  Elliott waves, and William Strauss and Neil Howe’s Fourth Turning) is that while each theory uses its own indicators and terminology to show […]

August 5, 2023 | Trading Desk Notes For August 5, 2023

Stock market sentiment took another step away from “irrational exuberance” this week I wrote in the July 22 TDNotes: I’ve been skeptical of the “Magnificient Seven” rally for a few months, thinking that sentiment bordered on “irrational exuberance.” However, I respected the power of the rally and patiently waited for an opportunity to fade it. I thought the “$100 Billion in […]

August 5, 2023 | This Week in Money

• Ross Clark – Stock Markets, Stock Market Correction, Gold, Oil
• Rick Ackerman (9:13) – Stock Markets, Debt, Hot Stocks
• Martin Straith (39:32) – US Government Debt, Bonds, China, Germany

August 4, 2023 | Food Inflation: 7.1% or 22.6% Per Year?

  If you want to know how much food has gone up in the last 12 months, don’t ask the US government – ask people who shop for food everyday. Based on a survey of 8,000 US grocery shoppers nationwide, they said food at home prices rose by an estimated 22.6% from April 2022 to […]

August 4, 2023 | Homeownership Becoming a Nightmare for Many

Each week I hear from people who bought Canadian homes over the past few years–whether as primary residences, secondary homes or rentals–and now they realize that they will need to sell. Most are facing capital losses in doing so, but the cost of continued ownership is simply unsustainable. Some recognize that location changes they made […]

August 4, 2023 | Russia Working With Africa to Lower US Dollar

Yellow Trucking Company drowns in red ink

August 3, 2023 | The Online News Act Bill C-18

The Canadian government does not want people sharing news stories online. The government should be the sole source of information. The Online News Act (Bill C-18) would require social media platforms and online sources to compensate Canadian news agencies for sharing news online. A report by Angus Reid found that 85% of Canadians do not […]

August 3, 2023 | American Economy in More Trouble Than Washington Admits

US Government Deserved a Lower Credit Rating. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

August 3, 2023 | Why AI Not Ready for Prime Time Yet

Who will win Canada’s Lithium sweepstakes?

August 2, 2023 | Hard Currencies – Fiat v Legal Tender

@absolutegeniux #viralvideo #trending #tiktokviralvideos #viral #trendingvideo #tiktok #tiktokviral #tiktokviralvideo ♬ original sound – AbsoluteGenius A man attempted to purchase strawberries with cash at an Aldi grocery store in the UK, possibly leading to his arrest. They want us to adjust to the cashless society that will implement globally by the World Economic Forum under its […]

August 1, 2023 | A New Silver Whale?

Data published in the Commitments of Traders (COT) reports over the past four reporting weeks indicate a number of highly unusual changes in COMEX silver futures positioning. One such highly unusual change is the emergence of a big managed money trader on the short side, which appears to be holding a net short position of […]

July 31, 2023 | Japan Takes Another Step Towards the Cliff

For a while there, the Japanese government had a sweet deal going. By pushing interest rates into negative territory — which forced bond buyers to pay for the privilege of owning said bonds — it was able to earn money on its national debt. So the more the government borrowed, the more it earned. And borrow it […]

July 30, 2023 | This Is What a Death Spiral Looks Like

Remember those scary charts of the US government’s rising interest expense? Here’s an example from a few months ago, when the annualized cost of our national debt was approaching $900 billion: Well, that wasn’t the peak. The latest reading shows interest payments approaching $1 trillion. And that’s not the end. Not even close. The current average interest […]