January 19, 2023 | Why Financial Busts Aren’t Necessarily All Bad

Is Tesla about to crash and burn?

January 19, 2023 | Gold, Platinum and Palladium, Job Cuts

Self driving cars, Crude Oil, Natural Gas

January 18, 2023 | Solving the Debt Crisis the American Way

On Friday, Jan. 13, Treasury Secretary Janet Yellen wrote to Congress that the U.S. government will hit its borrowing limit on Jan. 19, forcing the new Congress into negotiations over the debt limit much sooner than expected. She said she will use accounting maneuvers she called “extraordinary measures” to keep U.S. finances running for a few months, […]

January 17, 2023 | AI Turning Point?

Recent news headlines and stories have brought an amazing Artificial Intelligence (AI) app much closer to mainstream than AI has ever been before. ChatGPT was created by OpenAI, a San Francisco based AI development company. OpenAI Inc. is the non-profit parent company of the for-profit OpenAI LP. ChatGPT is still being offered as a free-to-try […]

January 16, 2023 | The Majority MUST Always be Wrong

  Following the crowd of what is popular and supposed to be the cutting edge of investment, Robert Belfer, the oil Barron, lost billions with ENRON and then Bernie Madoff. Then he became a shareholder in FTX. With a track record like that, you certainly would be firing your financial adviser.  The inside joke about […]

January 15, 2023 | Hangover Time for Used-Vehicle Dealers. For Buyers, Patience Will Pay Off

The used-vehicle market now has a huge hangover: The price spike from August 2020 till early 2022. Over this period, retail prices spiked by mind-boggling ridiculous amounts – 40% per the average used vehicle listing price, according to Cox Automotive; 53% per the used-vehicle CPI, according to the Bureau of Labor Statistics – though there […]

January 14, 2023 | Trading Desk Notes For January 14, 2023

Markets are expecting the Fed to cut rates this year, but the Fed says, “Don’t count on that.” This is the current SOFR (Secured Overnight Financing Rate) forward curve. It trades at a discount to par (zero interest rates), so a price of 95 implies a 5% rate. This chart shows that the market expects […]

January 14, 2023 | This Week in Money

• Ross Clark – Stock Markets, USD, Canadian Dollar, Crude Oil, Coffee
• John Kaiser – (10:34)  Junior Mining, Precious Metals, Bottom-Fish
• Ed Steer – (1:08:13) Gold, Silver

January 13, 2023 | Inflation is Not Going Away Any Time Soon

Inflation as measured by the CPI is moderating but it is not likely to hit the Federal Reserve target of 2 percent soon, despite a widespread and growing belief to the contrary. A popular narrative about inflation: The surge was caused by the war in Ukraine, COVID relief government spending and supply chain disruptions and, […]

January 13, 2023 | Global Political Instability

Global Markets Uncertainty

January 12, 2023 | Davos 2023 – the A Threat to the Entire World?

  QUESTION: Marty, I think Schwab’s great reset is all about your 2032. He seems to be a Socrates subscriber and is just trying to manipulate the outcome in his direction. What do you think? Joe ANSWER: I know, Many people have noticed this trend. This is coming up more and more. Back in 1983/1984, […]

January 12, 2023 | Bitcoin, Gold, US Dollar, Stock Markets

Interest Rates, Inflation. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

January 12, 2023 | Stock Markets, Copper, Gold, Silver

Crude Oil, Robinhooders

January 11, 2023 | This Housing Bust is Global

Canada led the world in the most egregiously inflated home prices in the past few years, but New Zealand, Australia and Sweden were other top-risk contenders. Now high debt levels are having similar demand and price-depressing impacts in many countries all at once. See Sweden is facing its ‘day of reckoning’ as house prices plummet: “We […]

January 10, 2023 | Real Estate Prices Typically Contract for Years After Bubbles Burst

In the first quarter of 2021, residential ‘investment’ in Canada (real estate commissions, construction of homes, significant renovations, and ownership transfer costs) comprised some 9% of Canada’s GDP, while business investment plunged. US residential investment peaked at 6.7% in 2006 before that epic bubble burst. We have noted repeatedly that Canada’s exuberance in real estate was an unsustainable […]

January 9, 2023 | Special Note

(Special note – I hadn’t planned to publish this article to subscribers I sent as part of my twice-weekly subscription service ($34.95 per month), but a most trusted advisor, Jim Cook from Investment Rarities, Inc., strongly suggested I do so. Since Cook has never failed to provide solid advice for more than 20 years, I […]

January 8, 2023 | Wild Ride of US Auto Sales in 2022 below 1977. Charts for GM, Toyota, Ford, Stellantis, Hyundai-Kia, Honda, and Nissan oh Dear

The thing about new vehicle sales in the US is that even in good years, they’re bad, and in bad years, they’re terrible. In 2022, total new vehicles delivered to retail customers and fleets (dominated by rental fleets), fell by 8% from the already terrible 2021, to 13.7 million vehicles, below where deliveries had been […]

January 7, 2023 | Trading Desk Notes For January 7, 2023

“What’s the Fed going to do?” was the Big Question in 2022, but it won’t be the Big Question in 2023 The Fed raised short-term interest rates aggressively in 2022. The yield on the 2-year Treasury soared from ~0.9% in early January to ~4.7% in November – the highest yield in 15 years. Looking one […]

January 7, 2023 | This Week in Money

• Ross Clark – Stock Markets, Interest Rates, USD, Canadian Dollar, Crude Oil, Gold
• Martin Armstrong –  (8:17) Real Rate of Inflation 32%
• Victor Adair –  (38:40) Interest Rate Hikes, Tesla, Apple, Bonds, Energy, Gold
• Zarko Meseldzija – (1:10:50) CEO RecycLiCo™ Battery Materials Inc. – on Company Showcase – RecycLiCo™ is Well-Positioned to Take Advantage of Many Exciting Lithium-Ion Battery Recycling Opportunities on the Horizon.  Read Benchmark Minerals Article – “Investment in Battery Gigafactories Nears $300 Billion Since 2019 as China Extends Battery Dominance“.  Read FastMarkets Article – “US Dives into Lithium Battery Recycling: 2023 Preview“.  Read MIT Technology Review Article – “What’s Next For Batteries“.  Video  – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada.  Questions?  Email or Phone: 778.574.4444

January 6, 2023 | Speculation on Interest Rates and Inflation in 2023

Speculation on the direction for interest rates will dominate stock market chatter in the first half of 2023. In November 2022 market participants had started to anticipate a decline in inflation which would allow the Federal Reserve to drop interest rates, leading to a new bull market in stocks, bonds and housing. Will interest rates […]

January 6, 2023 | Financial Pressures Again Increasing

Depositor run on Blackrock

January 6, 2023 | RecycLiCo™ is Well-Positioned to Take Advantage of Many Exciting Lithium-Ion Battery Recycling Opportunities on the Horizon

Read Benchmark Minerals Article – “Investment in Battery Gigafactories Nears $300 Billion Since 2019 as China Extends Battery Dominance“. Read FastMarkets Article – “US Dives into Lithium Battery Recycling: 2023 Preview“. Read MIT Technology Review Article – “What’s Next For Batteries“. Video  – The demonstration plant for the RecycLiCo™ Patented Process is now operational in […]

January 5, 2023 | The Coming Revolution – The End of Brazil

  The leftist press immediately claims that any assertions of a rigged election in Brazil are as baseless as the Hunter Biden laptop. Our model shows that the election was in fact bogus and it was in a series of global elections that are being rigged to create this global leftist agenda. For any newspaper […]

January 5, 2023 | The Implications of a Dropping US Dollar

War on fossil fuels an inflationary factor. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.