ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
October 19, 2023 | Up, Up and Away
It has now been three months since I claimed a “Code Red” market emergency in COMEX silver. I based that claim on two things: an increase in the short position of SLV, the big silver ETF, to 29 million shares; and an increase in the new Commitments of Traders report of just over 24,000 contracts […]
October 19, 2023 | Venezuela A Wild Card Threat To Future Canadian Oil Exports
Middle East Oil
October 19, 2023 | China Is Buying Lots of Gold
Crude Could Be Ready to Make Major Move. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
October 19, 2023 | Uranium Sizzling Hot
Crude, Gold, AI and defense stocks are trending
October 18, 2023 | 30-Year Treasury Yield Spikes past 5%, 30-year mortgage rates hit 8%, Mortgage Applications Plunge
Today it’s the 30-year Treasury yield that pierced the 5% line. It currently trades at 5.02%, the highest since August 2007. The first of the long-term yields to spike through the 5% line was the unloved 20-year Treasury yield on October 3; it currently trades at 5.25%. These long-term yields above 5% are an indication […]
October 17, 2023 | Good Time to Buy Gold?
For those of you who are on the hunt for opportunities beyond real estate, consider this: Managed money is back to a largish net short position in gold. The only other times managed money bet like this, gold did the following: Rallied 30% Rallied 32% Rallied 26%
October 16, 2023 | The Vortex
Happy Monday Morning! At the beginning of the year I was part of a real estate pannel with REW on the state of the Vancouver housing market. On stage, in front of a live audience, the moderator asked me for my forecast for 2023. I promplty noted at the time that “we’re going to have a year […]
October 15, 2023 | Be Among the First to Panic
Finally, a rally in gold that looks capable of leaving the $2000 barrier in the dust! This one is being pushed not only by the threat of escalated conflict in the Middle East, but by the dawning realization that a strong dollar and rising interest rates are about to trigger a crisis for the world’s […]
October 14, 2023 | This Week in Money
- Ross Clark: Middle East, Gold, Oil
- Eric Hadik: (12:25) Cycles, Middle East, Violence, Oil, USD, Gold. See Middle East War Cycles Collide in Late-2023
- John Kaiser: (48:53) Junior Mining, Canada’s Resource Industries. Special Offer! Sign up Now for a 12 month plus subscription expiring Dec. 31, 2024.
October 14, 2023 | The Most Splendid Housing Bubbles in Canada: Prices Drop Further as Sales Slow and New Listings Jump Further
The Canada Home Price Benchmark Index for single family houses in fell for the third month in a row, in September by 1.3% from August, after having dropped by 1.1% and by 0.5% in the prior two months, to $815,300 (all prices in Canadian dollars). The three months in a row of declines came after […]
October 13, 2023 | We Just Hit a $ BILLION Per Hour
U.S. National Debt is currently $33.5 TRILLION – and it’s rising by one BILLION dollars PER HOUR. At the current pace, the US would add $1 trillion in Federal debt every 45 days. U.S. Gross Domestic Product (GDP) – which represents the value of the goods and services produced in the United […]
October 13, 2023 | Gold, Gold Miners, Gold Stocks
Canada’s Supreme Court tells Feds to Butt Out of Provincial Mineral Development
October 12, 2023 | Central Bank Gold Demand Is Even Stronger Than It Looks
Central banks have morphed recently from net sellers of gold to increasingly aggressive net buyers. And the buying is even more aggressive than it seems. Here’s the story in three charts: When the global financial system nearly imploded in 2008, central banks stopped selling gold and started buying. To put this buying into context, the […]
October 12, 2023 | Oil Stable For Now But Could Hit $200
Little Market Reaction to Mid-East Violence. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
October 12, 2023 | Q Drop, Latest False Flag, Sleeper Cells
Dollar goes up, hopium, brain washing.
October 12, 2023 | Middle East War, US Dollar, Interest Rates, Oil
US Real Estate, Natural Gas, Shipping Costs
October 11, 2023 | Buying Power Has Halved, Do The Math
Home listings and price reductions are popping up like measles. You can see this by signing into Zillow (or many other sites). Meanwhile, offers are increasingly scarce, and a quick look at any mortgage calculator shows why. When Canadian variable rate mortgages were available at 1.65% from 2020 to early 2022, one was enabled to buy a $750,000 property […]
October 10, 2023 | Housing-Led Downturn To Rival 2008
A decade of levered fiscal and monetary incentives has enabled yet another epic capital misallocation cycle. Now, we are in the takeback period once more. Heads up. Housing-led economic downturns have historically been the most severe, and the price of homes (US in purple below since 1996) enters this downcycle more elevated relative to income […]
October 9, 2023 | Recession Watch: Red Flags Everywhere You Look
The hardest part of writing this kind of post is sorting through all the red flags. There are just too many these days. So here are the handful that look scariest at the moment: Interest rates are above 2007 levels in a world with twice as much debt. This shouldn’t have been possible, but here […]
October 8, 2023 | This War Is Not a Tradeable Event
The massive terrorist attack by Hamas on Israel over the weekend will unsettle the geopolitical world for the foreseeable future. The economic implications are potentially too grave to be treated merely as a tradeable event; investors should instead be thinking about safeguarding capital. Will the price of crude spike to $117 or higher, as predicted […]
October 7, 2023 | Trading Desk Notes For October 7, 2023
Was Friday a turning point? Bond prices collapsed to fresh 16-year lows immediately following Friday morning’s “stronger than expected” NFP report. The US Dollar Index surged higher, while S&P futures tumbled and appeared ready to make new 4-month lows. But ~30 minutes after the NFP report, markets reversed course, and by the end of the day, S&P futures […]
October 7, 2023 | This Week in Money
- Ross Clark: Stock Markets, USD, Gold, Oil, Uranium, Russell 2000
- Danielle Park: (12:15) Stock Markets, Interest Rates, Real Estate, Auto Sales
- Mark Leibovit: (52:24) US Fed, Economy, War on Cash, Cannabis, Market Manipulation. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
- Zarko Meseldzija: (1:34:06) CEO of RecycLiCo™ Battery Materials Inc. on Company Showcase – RecycLiCo™ Battery Materials Inc. CEO Discusses Recent Visit to Taiwan and Many More Company Updates. Read October 5, 2023 News. Read October 4, 2023 News.
October 6, 2023 | A Collapse in Bank Lending is Ominous
A collapse in bank lending is damaging for the economy, as growing credit is the most important fuel of modern economic systems. Without an annual increase in debt outstanding, a recession becomes almost inevitable. Will the current downturn in bank lending to commercial and industrial clients trigger a recession? Commercial and industrial lending peaked in […]
October 6, 2023 | RecycLiCo™ Battery Materials Inc. CEO Discusses Recent Visit to Taiwan and Many More Company Updates
Read October 5, 2023 News. Read October 4, 2023 News. 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
October 6, 2023 | Are We Shifting to a Celebrity Based Economy?
The outlook for Gold this month