March 18, 2024 | The Most Splendid Housing Bubbles in Canada: National House Prices Flat in Feb., -16% from Peak, Condos Drop Further, on Bank of Canada’s 5% & Massive QT

House prices in Canada were unchanged in February compared to January, seasonally adjusted, having fallen by 15.6% from the peak in February 2022, according to the Home Price Benchmark Index for single family houses by the Canadian Real Estate Association (CREA) today. Compared to a year ago, it ticked up 1.6%. In dollar terms, the […]

March 17, 2024 | Something’s Got to Give

For nearly a year, I’ve promoted the idea that the post-covid bull rampage would end when Microsoft shares hit $430. They effectively achieved that benchmark on Friday with a pre-dawn print at 428.95 that gave way to a $16 plunge. If this was not THE top, it certainly felt like A top, and a potentially […]

March 16, 2024 | Trading Desk Notes For March 16, 2024

Short and long-term interest rates rose every day this week. Are higher rates starting to matter? The S&P and the NAZ closed lower again this week – the first time those indices have seen back-to-back weekly declines since October. Yields on the 10-year Note hit a 16-year high (~5%) in October (as stock indices hit a 5-month […]

March 16, 2024 | This Week in Money

• Ross Clark:  Stock Market, Commodities, Copper, Gold, Silver
• Victor Adair:  (9:38) AI, Interest Rate Cuts, Gold, Currencies
• John Kaiser: (39:47) Junior Mining, Gold.  Special Offer!
• Tony Mitchell: (1:46:55) Director of Marketing RecycLiCo™ Battery Materials Inc. – on Company Showcase – EV Industry – Little Known Indicator.  Interim CEO and Director Announced. Read the Latest News.  Link to Lithium Carbonate Chart. View Recyclico’s Company Presentation.  Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“.  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 15, 2024 | Banks are Fighting Proposals for Tougher Regulatory Rules

A battle is underway in the U.S. over new rules requiring higher equity capital for the banks. Enhanced equity capital protects the bank from insolvency in the event of a financial crisis. Bank lobbyists are fighting hard to keep capital requirements at the lowest possible level while regulators would like higher capital given the historical […]

March 15, 2024 | Signs in the US and Canadian Economies

Who do you believe, JP Morgan or Bank of America?

March 15, 2024 | EV Industry – Little Known Indicator

Interim CEO and Director Announced. Read the Latest News. Link to Lithium Carbonate Chart. View Recyclico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“. Watch – We upcycle cathode scraps and black mass into higher-value battery materials! Video  – The demonstration plant for the RecycLiCo™ Patented […]

March 14, 2024 | Higher Forever? Even Yellen Starts to Get it: Higher Inflation & Higher Yields Are Here to Stay

By now everyone sort of knows that inflation has been re-heating in a very disconcerting way for months, and that the inflation saga is far from over. There are all kinds of discussions about the future of inflation in the US, and it seems there is a rough common denominator forming: The future of inflation […]

March 14, 2024 | Cannabis, Gold, Bitcoin, US Dollar

Vernal Equinox, Solar Eclipse, Earthquakes.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

March 14, 2024 | The Canadian Economy’s Two Biggest Risk Factors

Would you move to Alberta for Five Thousand bucks?

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