February 12, 2023 | Is the U.S. in a Recession or Not?

  Only on Wall Street is fake news celebrated with such shameless hubris as we’ve seen lately. In the last few weeks, flouting a torrent of lousy corporate earnings reports, investors have gorged themselves on stocks.  This resurgence, doomed by recession and a grim outlook for earnings, was supported mainly by fake, or at least […]

February 11, 2023 | Trading Desk Notes For February 11, 2023

Key Turn Date – February 2, 2023 – The Fed Will Be Higher For Longer The market was “Fighting the Fed” for the past couple of months – the forward short-term interest rate market was pricing the Fed to stop raising rates in Q2 and to cut rates by ~50bps by December 2023 (and by ~200bps by […]

February 11, 2023 | This Week in Money

• Ross Clark – Stock Market Correction, Oil, Gold, USD, Canadian Dollar, Lumber
• Gerald Celente – (10:49) US Dollar, Stock Market, US Economy, Smart Cities
• Victor Adair – (44:38) Does The Fed Control the Stock Market?, Russia-Ukraine Conflict, Economy, Gold, USD

February 10, 2023 | Digital Dollars – the Real Agenda

I know we have a lot of people expressing their opinion that the dollar will crash because when the government converts it to digital, it will be like spy wear tracking everything we do. Now you have people running around preaching the dollar will crash any day citing Biden’s Executive Order 14067. However, read it […]

February 10, 2023 | Not Enough Copper for EV Demand, Lithium, Coal

Chinese consumers hoarding cash

February 9, 2023 | EV Sales Spiked in California. Share Hit 17%. ICE Vehicle Sales Plunged. First Uptick in Electricity Sales after 13 Years of Decline

Sales of battery-electric vehicles (EVs) in California spiked by 62% in 2022, to 285,199 vehicles, according to registration data released by the California New Car Dealer Association (CNCDA). And the market share of EVs nearly doubled to 17% of total new vehicle sales: Overall vehicle sales in California, ICE vehicles and EVs combined, fell by […]

February 9, 2023 | Copper, Cobalt, Rare Earths, Stock Markets

Vernal Equinox always an interest time for investors

February 9, 2023 | Gold, US Dollar, Crude Oil

Inflation, Interest Rates, Inverted Yield Curve

February 9, 2023 | Why Oil Could Hit $200 a Barrel

Alberta Energy sector

February 8, 2023 | The Financial Noose Tightens

The US Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) is used by monetary policymakers to gauge credit conditions. Over the past year, banks have reported tighter lending standards on commercial loans to small, large and middle-market firms (blue bars below since 1990, courtesy of The Daily Shot). This indicator has traditionally led US corporate […]

February 8, 2023 | The US Covert Action to Destroy Nord Stream & Russia’s Economy

Seymour Hersch won a Pulitzer Prize for his reporting on the My Lai massacre in Vietnam.  He is one of a dying breed of independent journalists. He has revealed that the United States destroyed Nord Stream Pipeline and this was all part of the Climate Change War where the Neocons are now supporting Nazis to […]

February 7, 2023 | Equity and Corporate Bond Prices Still Screaming Cycle Top!

So far in 2023, value-indiscriminate buyers are still pounding into the riskiest low-yielding assets with wild abandon. Take BBB-rated bonds-whose credit quality is just one level above “junk.” At past cycle bottoms (attractive investment opportunities), the US Fed had raised short-term rates enough that defaults spiked and BBB bond prices fell more than 20%–enough to […]

February 6, 2023 | No Bull, Caution Ahead

Happy Monday Morning! Lots of chatter these days about increased activity in the housing market. It’s true open houses are busier, stale inventory that’s been sitting for months is suddenly under contract, and some new listings are fetching multiple offers. Quite a difference four weeks can make. Is this the end of the housing bear […]

February 5, 2023 | Consumer Stimulus the Easy Way

Treat the stock market as you would a sleazy carnival game and you hold the key to accurately predicting its behavior. Take AAPL, for instance. We should have known that permabears were being set up for a fleecing when an always-complicit news media worked slavishly to stoke anticipation of horrendous Q4 earnings. Apple certainly didn’t […]

February 4, 2023 | A Muddle-Through Market, for Now

These weekly letters, of which I’ve now written well over 1,000 (plus 7 books and multiple papers and articles), are generally about two broad topics: the economy and the financial markets. While related, these aren’t the same. Good news for one can be (and often is) bad news for the other. I explained my economic […]

February 4, 2023 | This Week in Money

• Ross Clark – Stock Markets, Gold, Coffee – Special Offer! 25% Off New Annual Subscriptions – Expires February 17, 2023
• Robert Campbell –  (8:47) CPI, Waves of Inflation, Leaving California
• Bob Hoye –  (34:35) Fed, Recession, US Economy. Special Offer! 25% Off New Annual Subscriptions – Expires February 17, 2023
• Zarko Meseldzija – (52:00) CEO of RecycLiCo™ Battery Materials Inc. on Company Showcase – RecycLiCo™ CEO Zarko Meseldzija Discusses New Perspective on Battery Recycling.  Watch Midas Letter Interview  – “Turning E-Waste into New Batteries with RecycLiCo Battery Materials CEO Zarko Meseldzija“.  Read Sustainable Biz Article – “ReycLiCo™ Takes Battery Material Recycling Process Global“.  Read Benchmark Article – “Can the EU Meet Its Proposed Battery Metals Recycling Targets?“.  Video  – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada.  Questions?  Email or Phone: 778.574.4444

February 4, 2023 | Recall David Eby Underway, Bill 36

• Salvatore Vetro – Government takeover of Healthcare and Doctors

February 3, 2023 | EPB Macro: Housing Leading The Economy Lower

This segment reviews US data, but the trends are similar in Canada. The EPB Housing Deep Dive report is focused on the residential construction cycle (the leading sector of the economy). Here is a direct video link. This report is a preview of content exclusive to members of the EPB Research Gold Tier. If you would […]

February 3, 2023 | RecycLiCo™ CEO Zarko Meseldzija Discusses New Perspective on Battery Recycling

Watch Midas Letter Interview  – “Turning E-Waste into New Batteries with RecycLiCo Battery Materials CEO Zarko Meseldzija“.  Read Sustainable Biz Article – “ReycLiCo™ Takes Battery Material Recycling Process Global“. Read Benchmark Article – “Can the EU Meet Its Proposed Battery Metals Recycling Targets?“. Video  – The demonstration plant for the RecycLiCo™ Patented Process is now operational […]

February 2, 2023 | Inflation History Lesson

   “Once inflation goes above 5%, it has never come back down without the Fed Funds rate exceeding the CPI” ~ Stan Druckenmiller The CPI was 6.5% in December 2022 — while the Fed Funds rate is currently 4.33% Coming in January 2023 To help lower CPI readings, the Bureau of Labor Services is changing […]

February 2, 2023 | Big Doings in SLV

On the 23rd and 24th of January, some 20.5 million ounces of silver were deposited into the I-Shares Silver Trust, SLV, and shares outstanding have increased by 23.2 million (the difference being due to the cumulative management fee of 0.5% per annum). To say that the large increase in physical silver inflows and shares outstanding in SLV […]

February 1, 2023 | Was COVID Just a Rehearsal for WWIII?

QUESTION: Hi Marty, You’ve taught through many historic examples that politicians drag us to war because they need an external enemy to hide their failures.  Wag the dog.  Have you considered this time around the U.S. will enter ww3 to cover up the reveal of the covid vaccine blunder?  Yes, war will still hide the debt […]

February 1, 2023 | Interest Rates, Gold, US Dollar, Lithium, Cryptos

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February 1, 2023 | Interest Rates, Stock Valuations, World Tensions

Wages vs. Inflation Rate