August 27, 2025 | The Insurrection Act – Can the POTUS Deploy the National Guard to America’s Cities?

  The National Guard’s deployment to Washington, D.C., was a successful endeavor. For the first time, the city went twelve days without a homicide. Carjacking decreased by 83%, robberies fell 46%, and overall violent crime fell 22%. The same program may be implemented in Chicago, Baltimore, Los Angeles, and New York, but Democratic leaders insist […]

August 26, 2025 | Big News For Silver: It’s Now A “Critical Mineral” Let the stockpiling begin

The US just included silver on a list of things that the economy can’t do without. Which means whoever doesn’t already own the metal will have to start stockpiling it. GoldCore TV has just posted a video explaining how dramatic a change this might be. Here it is, followed by a partial transcript: Partial transcript: Silver has […]

August 26, 2025 | Unaudited Power: The Military Budget Nobody Controls

From Scheerpost The U.S. federal debt has now passed $37 trillion and is growing at the rate of $1 trillion every five months. Interest on the debt exceeds $1 trillion annually, second only to Social Security in the federal budget. The military outlay is also close to $1 trillion, consuming nearly half of the discretionary […]

August 25, 2025 | The Renewal Wall is Here

Happy Monday Morning! The housing market might be struggling but lenders are keeping busy. Data from the Bank of Canada shows uninsured mortgage originations surged in June, rising 27.5% year-over-year, the second busiest June on record. The only busier June for mortgage originations was back in 2021 when mortgage rates were hovering near 1.5%. Source: […]

August 24, 2025 | Soaring Inventory Is (Finally) Cutting Home Prices

In just the past few years, US houses have gone from pricey to historically unaffordable: Since people can’t buy what they can’t afford, home sales have cratered to ridiculously low levels: History now predicts a housing crash   In a typical housing bubble, prices get too high, buyers go on strike, and then sellers panic. […]

August 23, 2025 | Trading Desk Notes for August 23, 2025

Powell was more dovish than expected at Jackson Hole Powell’s speech on Friday morning was the most anticipated financial event of the week. Following the hotter-than-expected PPI report last week (which may have foreshadowed higher tariff-induced inflation ahead), markets were positioned for Powell to maintain his inflation hawk role.   Following the August 14 PPI report (blue […]

August 23, 2025 | This Week in Money

• Ross Clark: Stock Markets All Time Highs, Gold, Oil, USD, Canadian Dollar, Corn.
• Mark Leibovit:  (11:24) Stock Markets, Precious Metals, Lithium, Bitcoin, Real Estate, Fort Knox
• Tim Wood:  (57:42) Dow Theory, Interest Rates, Manipulated Markets.

August 22, 2025 | Russia to Join NATO?

Congressman Matt Gaetz proposed a radical peacetime solution – allow Russia to join NATO. “Before you suggest I’m crazy for thinking about NATO and Russia as partners, the idea has been floated by foreign policy thinkers on the right and left for some time,” Gaetz added. “In 1997, the Senate Foreign Relations Committee held a […]

August 22, 2025 | The U.S. Stock Market is Riding High and Heading For Trouble

Riding High — and Heading for Trouble The U.S. stock market keeps climbing higher, as the warnings of a bubble about to burst get louder. The comparisons to 1999–2000 are hard to ignore. Then, it was internet stocks; today, it’s artificial intelligence. Valuations at Extremes One of the best long-term measures of value, the Shiller […]

August 22, 2025 | Should You Go 100% Into Gold?

If the markets crash, will it be different this time?

August 21, 2025 | Crude Oil Falls >US$5/b From Last Week On Growing Supplies And Weak Summer Demand

WTI Crude oil prices are steady at US$62.83/b (low today so far US$62.39/b) compared to US$62.14/b last week at this time. This on US Total Stocks decline of 4.0 Mb. Exports rose 795 Kb/d (weekly increase of 5.6 Mb) to 4.37 Mb/d and is up from 4.05 Mb/d last year. It appears that countries wanting […]

August 20, 2025 | Statistics Canada for July

The headlines in Canada celebrate that inflation has fallen to 1.7% in July, but as in America, the people are not experiencing a notable downturn in prices. Politicians pat themselves on the back, claiming victory over inflation, yet the very reason CPI came down was because energy prices fell after the consumer carbon tax was […]

August 19, 2025 | Self-Dealing Allows PE To Keep Marking Asset Values To Fantasy

As new outside investors become increasingly difficult to find, private equity firms are finding that often the best firm to sell their companies to is…themselves. Yep, you read that right. Private equity firms are increasingly keeping themselves afloat, extracting cash and boosting their fees through self-sold transactions.  See: PEs Sell Firms to Themselves Twice Over to […]

August 18, 2025 | Would-Be-Sellers Dwarf Buyers in Many Markets

The housing unaffordability crisis is not just about current interest rates, which are historically average (4.71% 5-year fixed in Canada and 6.57% 30-year fixed in America). Homebuilders are already offering buy-down rates in the 3 percent range in the US and Canada. Still, new home sales have contracted year over year, while the inventory of […]

August 17, 2025 | Trump Must Outrun the Inevitable Bear Market

Trump looks like a hero now, but he could become a goat when the bull market ends. He campaigned as the man who would make America great again, and no one should doubt the sincerity of this quest or his commitment to returning the nation to its core values. To judge from his accomplishments so […]

August 16, 2025 | Trading Desk Notes for August 16, 2025

Quote of the week “Mood is now more important than earnings to the stock market.” Alyosha, Market Vibes, on Substack.   The bullish mood is driving global stock indices to record highs. Long live FOMO, TINA, and YOLO.   The S&P is up ~35% from the April lows, the NAZ is up ~45%, the TSE is up ~27%, […]

August 16, 2025 | This Week in Money

• Victor Adair: Stock Markets, Oil, Gold, USD, Canadian Dollar, Euro, Commodities.
• Rick Ackerman: (22:13) Trump’s Tariffs, AI, Gold, Stock Markets.
• Robert Campbell:  (1:02:02) US Real Estate, California, Gold, Interest Rates, Health Tips.

August 15, 2025 | Canada vs. Trump: Is Confrontation The Only Option?

Canada, under Prime Minister Mark Carney, is taking a beating from U.S. tariffs. But Carney refuses to cave to President Donald Trump’s demands—raising the question: Is confrontation with the U.S. Canada’s only choice? The trade war between Canada and the U.S. intensified on August 1, 2025, when Trump slapped a new 35% tariff on Canadian goods (energy products […]

August 15, 2025 | Climate Lockdowns in Canada

Entering the forest has become illegal in three Canadian provinces—Newfoundland, Nova Scotia, and New Brunswick. Entering woodlands can result in massive fines or even jail time. Why? The Canadian government believes it must ban the public from accessing nature to prevent forest fires.     Air Force veteran Jeff Evely committed a crime by participating […]

August 15, 2025 | Will China Soon Hold the World’s Reserve Currency?

Are the stock markets close to topping out?

August 14, 2025 | Real Estate Downturn Picking up Steam

If we had a dime for all the times people say silly things, like “You’ll never lose money in real estate” or “high-end properties always hold their value.” Not true, never has been. The current real estate correction cycle is well-earned after years of easy money speculation and uneconomically high prices. Three years into the […]

August 14, 2025 | What Might Destroy Bitcoin’s Value?

Cannabis stocks light up the market

August 13, 2025 | All’s Well That Ends Well

Margin debt (people borrowing against their security portfolios) has now topped $1 trillion for the first time in history, +25% over the past year alone. Other, lesser, margin-abuse peaks occurred before major bear markets/recessions (grey bars below) since 1995, courtesy of Rosenberg Research. Among professionals, dry powder is also in short supply. Trend-chasing portfolio manglers managers are all […]

August 12, 2025 | Militarizing the Capital

Trump’s decision to send the National Guard into Washington, D.C., will be defended as a matter of national security. History teaches us this is not about protecting the people at all. The National Guard was deployed to protect the political class from the people. The United States is now following the same path we have […]