May 11, 2024 | Trading Desk Notes For May 11, 2024

Despite a quiet, low VOL week, the leading stock indices continued to rally, with the European benchmark index closing at all-time highs. Last week was chockablock with data and event risk; price action was wickedly choppy, and stocks rose. This week was so quiet that you sometimes wondered if the markets were open – and […]

May 11, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Dow, Gold, Oil, Cruise Ship Industry
• Mark Leibovit:  (12:10)  Dow, Oil, Gold, USD, Solar Storm with Northern Lights. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
• Hilliard MacBeth:  (44:55) Real Estate, Mortgage Rates, EVs
• Tony Mitchell: (1:24:06) Director of Marketing with RecycLiCo™ Battery Materials Inc. on Company Showcase – Speed Bump on the EV Adoption Highway Doesn’t Affect Battery Recycling. Honda makes historic auto investment in Canada. Read Financial Post Article – “Honda To Build $15 Billion EV Assembly Plant and Battery Complex in Ontario“. Read Investing.com Article – “Tesla Short Sellers Lose Nearly $5.5 Billion Over Four Days, S3 Partner Says“. Read Yahoo Finance Article – “Battery Recycling Shatters the Myth of Electric-Vehicle Waste“. Read The Economist Article – “Britain’s Black-Mass Problem“. View RecycLico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“. 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

May 10, 2024 | The U.S. Government Sliding Deeper and Deeper into Debt

The U.S. federal government will set a new record for borrowing this year, in the trillions of dollars. Government deficits reached a record high in 2020, due to government help to the private sector during COVID. But now, even without a crisis, the deficit has soared to new high levels. Will income taxes increase? The […]

May 10, 2024 | Are the “Magnificent 7” Stocks Unbeatable?

Should you be bullish on Gold long term?

May 9, 2024 | Strategized Civil Unrest Staged Across the World

Protestors throughout the West are protesting on behalf of Palestine in a deliberate effort to destabilize national politics. Greta Thunberg, a girl with no knowledge of war or science, took part in a Swedish pro-Palestinian protest that attracted a group of up to 12,000. These events are clearly staged when they use a famous social […]

May 9, 2024 | Speed Bump on the EV Adoption Highway Doesn’t Affect Battery Recycling

Honda makes historic auto investment in Canada. Read Financial Post Article – “Honda To Build $15 Billion EV Assembly Plant and Battery Complex in Ontario“. Read Investing.com Article – “Tesla Short Sellers Lose Nearly $5.5 Billion Over Four Days, S3 Partner Says“. Read Yahoo Finance Article – “Battery Recycling Shatters the Myth of Electric-Vehicle Waste“. […]

May 9, 2024 | Climax Events, Real Estate Depression, Trump 2020

Election Fraud, Civil Disorder, Sleeper Cells

May 8, 2024 | WTI Crude Oil Falls on Weaker US Demand and Rising Inventories

GLOBAL ECONOMIC, POLITICAL & MILITARY UPDATE Inflation pressure persists in the US leaving the Fed little room to lower rates at the coming meetings. Insurance, housing, food, electricity costs are all making consumers less able to afford what would have been considered basics. Going to McDonald’s, Starbucks, Pizza Hut or KFC with the family is […]

May 7, 2024 | Used Car Prices Continue Historic Plunge, Wholesale Prices Gave up 59% of Crazy Pandemic Spike

Seasonally adjusted, prices of used vehicles that were sold at auctions across the US fell 2.3% in April from March, to $18,151, the lowest since April 2021, and down by $5,423 (-23%) from the peak in January 2022, according to today’s Used Vehicle Value Index by Manheim, the largest auto auction house in the US. […]

May 6, 2024 | Value Clients Exiled from Fast Food Chains

  Blue states that implemented minimum wage hikes are seeing a drastic rise in food prices. Fast food chains like McDonald’s, Chick-fil-A, Chipotle Jack in the Box, Burger King, Domino’s, and more have reported menu item hikes in places like California that now require a much higher minimum wage. This comes at a time when […]

May 5, 2024 | Gold, Oil and Putin’s Grand Plan

Some of you may remember Gary Liebowitz, a troll that I 86’d from the site years ago. He still harangues me now and then, and I am saddened to report that his rage has only worsened, especially where Trump is concerned. Here’s a pungent note from Gary that just plopped into my email box. I […]

May 4, 2024 | Trading Desk Notes For May 4, 2024

The dominant market theme YTD, “the Fed will stay higher for longer,” softened this week Price action across equity, interest rate and currency markets this week was buffeted by US economic and inflation data, concerns about Treasury and Fed policy decisions, currency intervention by the Japanese finance ministry, and concerns about critical corporate reports.   The net takeaway from […]

May 4, 2024 | This Week in Money

• Victor Adair:  Stock Markets, Gold, Oil, Currencies, Copper, Cocoa
• Rick Ackerman: (14:01) Interest Rates, Gold, Silver, Oil, Bitcoin, Inflation, Deflation
• Wolf Richter: (43:28) Interest Rates, US Consumer, Government and Business Debt, Auto Sales, Canada’s Housing Bubble

May 3, 2024 | Artificial Intelligence is an Existential Threat to Humans

The excitement and hype regarding Artificial Intelligence continues to influence stock markets positively. While most people have not yet seen much impact on their lives, billions of dollars are being committed by a multitude of companies who wish to compete for a top spot in the future of AI. Will AI meet current expectations? Is […]

May 3, 2024 | Why the TD Bank Could be Fined $100’s of Millions

EV’s draining GM’s bank account.

May 2, 2024 | The Great Unwind Accelerates

A stream of big companies are guiding down their outlook this week with reference to distressed consumers pulling back. See: Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s: Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking […]

May 2, 2024 | Will a Boycott of Loblaw’s Bring Down Grocery Prices?

Hints on how to “recession proof” yourself

May 2, 2024 | Gold, Silver, Metals – All In Long Term Breakout

Chinese stock market uptick good news for metals investors

May 2, 2024 | US Marijuana Stocks Going Sky High

Are Crypto’s riskier than the stock market? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

May 1, 2024 | The Most Splendid Housing Bubbles in America amid the Now-Fizzled Rate-Cut Mania & Erstwhile Plunge in Mortgage Rates

The brief and now bygone era of Rate-Cut Mania. Today’s S&P CoreLogic Case-Shiller Home Price Index, dubbed “February,” is a three-month moving average of home prices whose sales were entered into public records in December, January, and February. Today’s data therefore reflects Rate-Cut Mania that lasted from the beginning of November until February 13, when the […]

April 30, 2024 | Losses

The Office of the Comptroller of the Currency’s Quarterly OTC Derivatives report covers the over-the-ccounter derivatives positions of the U.S. banks. For many years, the only two banks that mattered in the precious metals category were JPMorgan and Citibank. About three years ago, Bank of America burst onto the scene, as a giant new participant […]

April 29, 2024 | Sagging Used-Car Prices, Spiking Maintenance & Repair Costs, and a Post-Bankruptcy Propaganda Coup Turn Toxic for Hertz

Rental car operator Hertz Global Holdings has had a nasty time in the stock market since it emerged from bankruptcy (filed Chapter 11 in May 2020, emerged on June 30, 2021). The new stock closed on the first day of trading at $26.99, then wobbled lower until the meme-stock crowd briefly fancied it again, and […]

April 28, 2024 | Science for Those Who Hate Science

Decades ago, there was an article titled “Jazz for People Who Hate Jazz”. The idea was to introduce those who did not know to those who did know. More recently and unfortunately, government-sponsored dogma has promoted an anti-science movement – ironically – in the name of “science”. Disgustingly, mainly for power and money. . Ironically, […]

April 27, 2024 | Trading Desk Notes For April 27, 2024

Is buying the Yen in anticipation of another “Plaza Accord” the Trade of the Year or just another attempt to catch a falling piano? The BoJ did nothing at their scheduled meeting this week, and the Yen collapsed to a new 34-year low against the USD and hit an All-Time low against the Euro (which has only been around for 26 years.) […]