March 14, 2024 | Mush-Brained Zombies, Bye Bye Free Speech, Election Fraud
Gold, Bitcoin, Interest Rates.
March 13, 2024 | This Kind of Housing Market
A house on my walking circuit sold on February 18 for $1,060,000 after 11 months on the market. It was initially listed in March 2023 for $1,798,000 and has been reduced nine times since. The property was relatively modest but updated with a water view and a legal rental suite. Property taxes are $8430 a […]
March 12, 2024 | Biden Proposes Largest Spending Package and American Taxpayer Burden in US History
The Biden Administration is outright destroying America through reckless spending. The Federal Reserve has warned that Biden’s current spending habits are robbing future generations of Americans. They cannot stablizie prices or make a dent in inflation due to the rising national debt. After his State of the Union address, Joe Biden unveiled his next […]
March 11, 2024 | Immunity
The Constitution doesn’t directly discuss presidential immunity from criminal or civil lawsuits or immunity for other government officials. Instead, this privilege of Presidential has developed over time through the Supreme Court’s interpretation of Article II, Section 2, Clause 3: The President shall have Power to fill up all Vacancies that may happen during the […]
March 10, 2024 | P.T. Barnum Would Have Loved Bitcoin
Bitcoin mania looks likely to blow itself out at somewhat higher levels. The bitcoin ETF chart above suggests buyers will encounter significant resistance at 64.95, a Hidden Pivot target that lies 5% above Friday’s closing price. If this impediment gives way easily or is exceeded for two consecutive weeks on a closing basis, however, you […]
March 10, 2024 | The Collapse of a Nation Takes 13 years
In law, it has been a maxim that bad facts make bad law. Every lawyer knows that. That is why the government will seek the worst case to expand the law and apply it to others. This legal maxim is certainly not new. All of those who go to law school are never taught […]
March 9, 2024 | Trading Desk Notes For March 9, 2024
Wicked price action may signal a shift in sentiment and positioning NVDA gapped higher on Friday’s opening and reached new All-Time Highs (up ~105% YTD) in the first hour of trading. It then dropped and closed below Wednesday and Thursday levels, creating a Daily Key Reversal down. NVDA’s market cap fell >$300 billion from Friday’s highs to lows. […]
March 9, 2024 | This Week in Money
- Ross Clark: Stock Markets, Gold, Oil. Special Offer!
- Bob Hoye: (14:59) Interest Rates, Central Banks, The Fed, Recession, Bitcoin.
- Martin Straith: (42:38) Government Debt, Russell 2000, Bitcoin, Oil. Special Offer!
March 8, 2024 | Apple Struggles with Slumping Sales in China
China and the iPhone are closely linked, as sales in that country are a key to Apple’s success. China is going through an economic slump which shows up in sales of Apple’s most successful product, the iPhone. Recently competitors in China have been growing sales faster than Apple. Is a China sales slump for the […]
March 7, 2024 | Central Banks Sit Tight as Pain Spreads
Yesterday, the Bank of Canada announced it would hold its key interest rate at 5%, the highest since 2007. At the press conference, Governor Macklem confirmed that policy discussions considered how long rates should stay at present levels but added, “It’s still too early to consider lowering the policy interest rate.” The main cause for concern remains unaffordable housing […]
March 7, 2024 | Gasoline Demand Has a Long-Term Structural Problem in the US: Plunging Per-Capita Consumption
Gasoline consumption in the US, in terms of product supplied to gas stations, rose by 1.5% in 2023, to 376 million gallons per day. This was down by 3.9% from 2019 and back where it had first been 20 years ago, in 2003, with two big troughs in between. Gasoline consumption is determined by miles […]
March 7, 2024 | Gold Rally The Real Deal, Bitcoin Biggest Hoax?
Carrington Effect
March 7, 2024 | Gold, Bitcoin, US Dollar
Interest Rates, Inflation, Government Spending. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
March 7, 2024 | Could A New Commodities Boom Be Just Ahead?
Gold, Silver, Platinum, Palladium
March 7, 2024 | Don’t Hold Your Breath for Rate Cuts
Are Government’s addicted to receiving “laundered” money?
March 6, 2024 | Canada Moves to Ban Christianity – Changes to Bill C-367
Canadian Prime Minister Justin Trudeau has passed numerous pieces of legislation prohibiting free speech in Canada, yet nothing has been as restrictive as Bill C-367, an amendment to the Criminal Code that will prohibit Canadians from expressing “an opinion based on a belief in a religious text. If passed, people can be arrested for quoting […]
March 5, 2024 | The 2024 Election – Will Your Vote Even Matter?
The computer has been forecasting these events decades in advance. As we approach them, what seemed outlandish years ago probably seems today. The civil unrest is dividing not just the United States but we see it in Canada and throughout Europe. This is NOT simply due to Trump. What is unfolding is the discontent […]
March 4, 2024 | The CFTC’s Response
The long-awaited response from the CFTC to my congressman’s office about my concerns of the possible double-counting of publicly reported silver inventories, originally sent to the agency in mid-November was received by me Friday morning, March 1. To refresh you with the issue, I asked the CFTC (along with the S.E.C.) to make clear whether […]
March 3, 2024 | The Dregs Take Flight
The endgame inched closer to singularity last week with rigged rallies in stocks that had rightfully been given up for dead. There was the more than doubling in the price of Beyond Meat, for example. Until last week, shares of the veggie-burger upstart seemed content to scuddle sideways on a tortuous path to death. […]
March 2, 2024 | Trading Desk Notes For March 2, 2024
Key global stock indices surge to new highs; breadth at near record highs on “buy everything” sentiment The S&P hit new All-Time Highs again this week, up 16 of the last 18 weeks for a gain of ~1,000 points (25%) from the October 2023 lows. During this rally, the S&P market cap has increased ~$8 trillion, […]
March 2, 2024 | This Week in Money
- Ross Clark: Stock Market, Gold, Bitcoin, Natural Gas, Uranium. Special Offer!
- Mark Leibovit: (9:43) Gold, Bitcoin, Leap Day/Leap Year and the Markets. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
- Wolf Richter: (48:56) Interest Rates, Real Estate, US Bank Collapse, Electric Vehicles, Auto Industry.
- Tony Mitchell: (1:40:42) Director of Marketing for RecycLiCo™ Battery Materials Inc. on Company Showcase – RecycLiCo™ Battery Materials Moving Forward, Sandy Munro, Jason Fenske and Norm Chow. Zenith joint venture, potential JV partners return for more product testing. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“. Book mentioned in video: “ View Recyclico’s Company Presentation. Watch – We upcycle cathode scraps and black mass into higher-value battery materials! Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada. Questions? Email or Phone: 778.574.4444
March 1, 2024 | Chinese Capital Retreating From Foreign Realty Markets
Thirteen years of ‘easy money’ spurred debt complacency and a global credit boom that inflated asset prices, particularly real estate, worldwide. Now, higher rates are triggering the great unwind in a dash to reduce overhead and raise cash everywhere, all at once. Countries that saw the most significant influx of foreign investment and property appreciation- […]
March 1, 2024 | Worst Monthly Spike of “Core Services” PCE Inflation in 22 Years, and Not Just Housing: Powell’s Gonna Have Another Cow
Over the past year or so, the Fed has been intensely discussing inflation in “core services,” which is where inflation had shifted to in 2022, from goods inflation which had spiked into mid-2022 but then cooled dramatically. So “core services” is where it’s at. Core services is where consumers spend the majority of their money. […]
March 1, 2024 | Gold to Bitcoin Portfolio Ratio
Explosion of the biggest bubble ever?
March 1, 2024 | RecycLiCo™ Battery Materials Moving Forward, Sandy Munro, Jason Fenske and Norm Chow
Zenith joint venture, potential JV partners return for more product testing. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“. Book mentioned in video: “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail“. View Recyclico’s Company Presentation Watch – We upcycle cathode scraps and black […]