July 31, 2019 | Fed Gets Opposite Response It Wanted: Inversions Strengthen

Counting the FF Rate, the yield curve flattened quite a bit but inversions between 3-month and long end widened. In its policy decision today, the Fed was hoping to steepen the long end of the yield curve. The opposite happened as rates at the long end fell. Note: The Effective Fed Funds rate will not […]

July 31, 2019 | California Seeks to Ban Trump from Running in 2020

California is at war with Donald Trump. The state is currently involved in more than 40 lawsuits with the Trump administration on issues ranging from environmental regulation to immigration and safe cities. This is the problem with our legal system. Governments can pass any law they wish and then it is your obligation to prove […]

July 31, 2019 | Two Views of Yesterday’s Gold Strength

The great day of the Fed interest rates decision and forward guidance has arrived. There hasn’t been much pre-positioning volatility in the precious markets so far. With the exception of gold perhaps, you might say. Let’s dive in and assess whether a technically important gold move has happened yesterday, or not. Examination of the other […]

July 31, 2019 | Cheap Money Fix Won’t Stop Greatest Depression. Are you Prepared?

KINGSTON, NY, 31 JULY 2019—With virtually each passing day, the building blocks for the onset of the “Greatest Depression” that Gerald Celente forecasts are being cemented. Across the globe, central banks are pushing interest rates lower and governments are going deeper in debt as they shovel in more artificial stimulus to pump up equity markets […]

July 31, 2019 | Permanent and Cyclical Shifts Undermining Oil Demand

Most of the plastics presently in use are made from crude and are not recyclable and non-biodegradeable.  Most people are just realizing this now. As word spreads, banning plastic straws and bags are barely a beginning.  Much broader bans and demands for reuseable and biodegradable packaging types are inevitable because doing otherwise makes zero sense […]

July 31, 2019 | The Fed Has Turned a Brat Into a Monster

Powell gives Wall Street a scoop of ice cream, and how does the spoiled little brat react? For starters, by setting the curtains on fire and peeing on the living room carpet. The Dow Industrials plummeted 480 points Wednesday after the Fed announced a 25-basis-point rate cut that had been universally expected. Some gratitude!  It’s […]

July 31, 2019 | Choices

Yesterday’s post referenced a honkin’ big white motorhome with a couple of blog dogs at the wheel who rolled into my day. Turns out it was Eric and Kylie. Now I know their story. This just arrived: Can’t believe we met yesterday like that… especially during Bandit’s bowel movement! And I didn’t even have to […]

July 31, 2019 | US Fed Set To Rattle Global Markets – Part II

Today is the day for the US Fed to announce their rate decision and we believe the 25 basis point rate cut is the only option they have at the moment that will attempt to settle foreign market fears and allow for a suitable “unwinding” of the credit/debt “setup” we highlighted in Part I of […]

July 31, 2019 | Trudeau Not Acting Like There Is a Climate Emergency

• Bob Mackin –  BC Legislature policing costs balloon for no apparent reason

July 31, 2019 | Market Reaction to Fed Cut Unexpected

Natural Gas, Bitcoin bucking today’s market trend

July 31, 2019 | Little Government Effort to End Pesticide Contamination

• Sheryl McCumsey –  Health Canada doesn’t even have its own lab

July 30, 2019 | For Apple Traders, All News Is Good News

Apple shares took an exuberant leap Tuesday evening, propelled by strong revenue growth announced after the close. DaBoyz were able to trigger off a short-squeeze because revenues increased with iPhone sales in a relative funk. This likely surprised many traders, since they had been hearing about iPhone’s slump in the U.S. and China for the […]

July 30, 2019 | Mining and The Green Economy

Radical improvements needed for metal mining to impact climate change as much as it needs to in coming decades. Reprinted from the July 2019 newsletter of the Centre for Excellence in Mining Innovation. Most Canadians recognize the global impact of climate change and acknowledge that in other parts of the world, the effects are CRITICAL. Currently, one […]

July 30, 2019 | GBP/USD Daily: Boris Shall Set You Free…

As you probably know, I am no fan of the EU.  So, by extension, I am routing for Boris to succeed.  And I believe he will succeed in successfully taken the UK out of the EU and the country will be many times better off as a result once we get this period of relative […]

July 30, 2019 | British Pound Dives on Brexit Fears

Now that Brexit reality has finally set in, the British Pound has been in a free fall. For the past couple years, the British Pound rallied every time it appeared Theresa May might get her deal though or there would be an extension. Today, vs the US dollar, the Pound fell to its Lowest Level […]

July 30, 2019 | Why

Bandit was about to do his business. I fished a plastic bag from my jeans pocket and waited on the sidewalk to, well, you know. Suddenly… “Garth. Is that you?” I looked up from the emerging issue and saw a great, long bejesus white motorhome come to a stop on the street beside us. “It’s […]

July 30, 2019 | August 19 Price Peak Prediction Is Confirmed By Our ADL Predictive System

Our Adaptive Dynamic Learning (ADL) predictive price modeling system is one of the most unique and incredible predictive price utilities anyone has ever seen. Over the past 24+ months, the ADL system has been able to call nearly every market rotation in the US major indexes (the ES, NQ, and YM) as well as our […]

July 30, 2019 | Did the Fed Begin Secret Bailouts in 2007 Before Anyone Knew of the Pending Crisis?

When the GAO report came out on the Quantitative Easing by the Federal Reserve, it uncovered a secret $16 trillion feeding tube from the Fed structured as revolving, low-cost loans to any bank (foreign or domestic) teetering on the edge. Amazingly, the audit showed the Fed started the loans in December 2007 – long before the […]

July 30, 2019 | Why is Canada Giving Foreign Aid to Nuclear Powers?

• Spencer Fernando –  Should the government to do more to prevent financial institution hacks?

July 29, 2019 | Those Key Behind-the-Scenes Stories That Silver Tells

Friday’s session didn’t bring much of easily noticeable action in the precious metals. While the day-to-day picture remains calm, the mining stocks’ move has brought us direct short-term implications. We’ll examine the lessons both the gold-to-silver ratio and silver are sending us. Let’s get into silver’s message. There is much more to the performance of […]

July 29, 2019 | Another Shipload of Canadian Heavy Oil Sails for China

Despite some myths, crude oil from the Alberta oil sands has a ready market across the Pacific, writes Stewart Muir. It’s a persistent myth: Canadian heavy oil from the tar sands is “inferior” and nobody is going to buy it, so what do we need an expanded Trans Mountain pipeline for? Abundant evidence (the latest […]

July 29, 2019 | Capital One Hacked, 100 Million Accounts Affected, Woman Arrested

A former employee of Amazon Web Services was arrested by federal agents in Seattle for hacking Capital One. The Wall Street Journal reports Capital One Reports Data Breach Affecting 100 Million Customers, Applicants Capital One Financial Corp. , the fifth-largest U.S. credit-card issuer, said Monday that a hacker accessed the personal information of approximately 106 million […]

July 29, 2019 | Improbable, High-Risk Return Assumptions Increase Odds of Financial Hardship

The average US public pension plan (similar in Canada) is assuming it will net an average 7.4% annually going forward. Even on that rosy presumption, the average pension today has a 27% capital shortfall and 73% of the assets needed to fund payouts promised to retirees. To meet planned withdrawals, most retirement plans–pensions and individuals–need […]

July 29, 2019 | Debt’s Embrace

As we count down to the first US rate reduction in ten years (this is a big deal), we gotta talk about bonds. And safe stuff. Why you need some. First, what’s a bond? Simply a hunk of debt. Governments or corps issue bonds to raise money. They give an investor interest until the bond […]