August 12, 2022 | The Official Recession Label Will Come Much Too Late To Be Useful

The probability of recession in the U.S. is high. The popular definition of recession — two consecutive quarters of negative growth — has already occurred. But there is no official declaration of recession, yet. Why the delay in calling a recession? Some people argue that a U.S. recession has started. The test of two consecutive […]

August 12, 2022 | Argentina’s Central Bank Ups Rate to 69.5%

Europe’s Energy woes see record power prices

August 12, 2022 | Company CTO Zarko Meseldzija Discusses Recent Trip to NAATBatt’s Battery Recycling Workshop

Demonstration plant, IRAP funding, and the Inflation Reduction Act. Read MiningWeekly.com Article – “Lithium Value To Remain High Amid Accelerated Demand, Tight Supply – Fitch Solutions“. Read The Hill Article – “Manchin Deal Could Raise New Hurdles For Electric Vehicle Incentives“. Read Forbes Article – “Electric Car Batteries Lasting Longer Than Predicted Delays Recycling Programs“. […]

August 11, 2022 | The Saretsky Report – August 2022

Continuing on the theme from last month, housing activity continues to slow as expected when the Bank of Canada raised interest rates by 100bps last month and instantly reduced borrowers purchasing power. Remember, over 50% of new mortgage applicants this year have been going with variable rate mortgages, in large part to dodge the pain […]

August 11, 2022 | Gold, Oil, Gas and Pot

Russia/Ukraine

August 11, 2022 | Energy Remains a Good Long Term Bet

Will Gold ever really breakout? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

August 10, 2022 | IRS Staff and Audits Will Multiply

The Inflation Reduction Act will waste $430 billion and will do absolutely nothing to curb inflation. Around $300 billion will be spent on climate change initiatives. Clearly, that is not going to curb inflation, and paying farmers incentives for reducing emissions still does not change the fact that the current methods are the only way […]

August 9, 2022 | Insane Governments Ruining Agriculture: 1930s Suffered Lysenkoism and in 2022 Nitrogen is Suddenly a Threat

As an historian of governments going from authoritarian to the even more regrettable totalitarianism, one wonders “Why?” harm agriculture. Sadly, that governments get into the mode of declaring war on countries as well as upon their own citizens can be criticized, but no amount of research can explain why.

August 9, 2022 | Is This Time Different?

     For the fourth time since 1988, the spread between the 10-year and 2-year Treasury yield has moved below 0.0%.    As shown by the shaded areas on the chart, each of these time periods preceded U.S. recessions.                 1989:  Yield Inversion.  Recession                 2000:  Yield Inversion.  Recession                 2006:  Yield […]

August 9, 2022 | Why I’m More Bullish Than Ever

A subscriber asked if I was more bullish on silver than ever. I told him yes, I was. Them, it dawned on me that I may not have properly conveyed my strong feelings that silver may soon explode in price (and drag gold along with it). After nearly 40 years, I believe the silver manipulation […]

August 8, 2022 | Housing Bear in Early Stages

As prices rose, industry participants urged policymakers to stimulate supply with tax incentives and enable demand with easy credit; now that home prices are falling (as they should), the same people are urging policymakers to help prop prices up. 😊 Quick profit, not affordability, was always the goal and that golden goose is now dead. The giveback phase […]

August 7, 2022 | American Household Debt Surpasses $16 Trillion

American household has reached a new high, according to a report by the Federal Reserve Bank of New York. Total household debt has surpassed $16 trillion for the first time in American history. Americans have taken on $2 trillion in additional debt since the pandemic. Aggregate household debt balances rose by $312 billion in Q2 […]

August 6, 2022 | Trading Desk Notes For August 6, 2022

Markets that don’t fall on “bad” news probably go higher My macro bias over the past few weeks has been that inflation would stay higher for longer than markets were pricing. I thought stock indices were in a bear market rally, based on the notion that Peak Fed had come and gone with the June […]

August 6, 2022 | This Week in Money

• Ross Clark –  Stock Markets, US Dollar, Canadian Dollar, Gold, Oil.
• Rick Ackerman – (08:10) Interest Rates, Deflation, Real Estate.  Special Offer! 14 Day Free Trial!
• Victor Adair –  (36:16) Currencies, Gold, Copper, Electric Vehicle Revolution

August 5, 2022 | Recession Mongers Shocked & Horrified by this Surge in Employment

It wasn’t the hottest growth in jobs ever, but it was big and exceeded the pre-pandemic average job growth. Employers added 528,000 workers to their payrolls in July, and 2.79 million over the past three months. Wages jumped, but less than raging inflation, and the number of unemployed people actively looking for work fell to […]

August 5, 2022 | Crypto Blockchain Quite Hackable

Could ditching neckties save energy?

August 4, 2022 | COVID Vaccine Lawsuits Begin

NorthShore University HealthSystem in Chicago was sued by a nonprofit religious organization called Liberty Counsel. The group claims that NorthShore violated workers’ religious autonomy by dismissing religious exemptions and forcing all workers to receive the COVID-19 vaccine. NorthShore was in the wrong and decided to settle for $10,337,500. Over 500 current and past employees will […]

August 4, 2022 | Canadian Real Estate – When The Bubble Bursts

Recession in Canada

August 4, 2022 | Bear Market Rally, US Recession, Inflation

Gold, Silver, US Dollar, Crude Oil. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

August 4, 2022 | Bear Market Rally, Real Estate, Interest Rates

Cryptos, NFT’s, Free Trading Apps

August 3, 2022 | Inflation Explained

Milton Friedman (1912 – 2006) was an American economist and statistician who received a Nobel Prize in Economics in 1976. In the 1960s, Friedman declared that inflation is ‘always and everywhere a monetary phenomenon’ — a problem of printing too much money. The 29 second video below explains why inflation is  just like alcoholism   […]

August 2, 2022 | Klaus Schwab – How to Rule the World – Maybe!

    Klaus Schwab does not understand human nature or how the world economy functions. He preaches Stakeholder Economics which failed and was instituted during the Depression BECAUSE there were no government programs. The theory then was that companies should contribute to saving society. It failed because there was no coordination, for every company was […]

August 1, 2022 | US National Debt to Surpass 185% of GDP

The Congressional Budget Office warned that US federal debt is expected to rise 185% within the next 30 years. Total debt holdings could double the size of US GDP by 2051. No politician or spender of this debt cares as they have no intention of paying it off. The Congressional Budget Office is calling this […]

July 31, 2022 | A Weird Recession

Professional economists, perhaps tired of being asked, years ago formed a committee to officially mark the beginning and end of recessions, the NBER (Nation Bureau of Economic Research) committee considers a variety of data, but its final decision is subjective. Many of those who pay attention prefer a more objective rule, such as “two consecutive […]