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June 26, 2020 | Canada Loses its AAA Credit Rating

This week the Canadian government lost its status as an issuer of triple-A-rated debt. On Wednesday, Fitch, one of the three debt ratings agencies, lowered Canada’s rating to AA+ from AAA. Until COVID-19 appeared, the Canadian government was one of the least indebted in the developed world. Over the last two decades, the government debt-to-GDP […]

June 26, 2020 | Dr. Garth

We have the vaccine! Four consecutive doses of this pathetic blog will cure acid reflux, ennui, cat-fancying, impotence and house-horniness at the same time. No Lysol injections required, unless you’ve bene exposed to Brad Lamb or Don Campbell. So strip off that mask, face shield, Nitrile gloves, codpiece and plastic over-booties. Dr. Garth is here, […]

June 26, 2020 | Are People Tired of Government Intervention?

Canada has AAA credit rating downgraded

June 25, 2020 | Buy the Dips and You Can’t Lose, Right?

If you thought the resurgence of Covid-19 in the U.S. would put a damper on Wall Street’s orgy, you’d have been wrong. Stocks continued their heedless ascent on Thursday even though the pandemic is close to extinguishing a fragile economic recovery that had barely gotten off the ground. The Dow rose 300 points, demonstrating yet […]

June 25, 2020 | Today’s Market Discounts Financial Integrity

That is no market for old men. The young with their Robinhood accounts. Money growing on trees. Those dying generations – left behind. – With apologies to poet William Butler Yeats SALTA CITY, ARGENTINA – Poor Warren Buffett. At 89 years of age, he can’t keep up. Out of sync with the markets. A relic […]

June 25, 2020 | 3 Charts Show Why This Precious Metal Is Set to Soar

All eyes are on gold this week as the yellow metal pushed to a seven and a half year high yesterday. That’s great news for my subscribers’ gold positions. While I expect gold to go much higher, that’s not the REAL breakout story in front of us. Nope. The metal everyone should be keeping their eyes […]

June 25, 2020 | Big Picture View: Avoiding Snakes is Job Number One

After the 2018 fourth-quarter meltdown, large-cap stocks rebounded on share buybacks to a higher high before hitting the skids this February and taking out the 2018 low.  This was a significant breach. The sequentially lower low circled in my partner Cory Venable’s S&P 500 chart since 2004 below, has now set the neckline for a […]

June 25, 2020 | The Nothing Burger

The financial media briefly had a cow yesterday when Canada lost its perfect credit rating. This blog chose to bury the news in a riveting post about, well, we forget the topic. Anyway, it was outstanding. Why kinda ignore the Triple-A thing? Because it was so inevitable. We may be the first western economy to […]

June 25, 2020 | US Stock Market Enters Parabolic Price Move – Be Prepared, Part II

  In the first part of this research article, we briefly discussed the recent price and global economic events related to the 2018 to 2020 US stock market volatility and the COVID-19 virus event.  The premise of this research post was to highlight the current upside parabolic price trend that initiated shortly after the 2015~16 […]

June 25, 2020 | What Is Going On With Gold?

The Fed, Junk Bonds, MSM, and Solar.

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June 25, 2020 | Canada Loses AAA Credit Rating, Fitch Downgrade

Most Newbie Traders Will Go Bust

June 25, 2020 | The 2020 Election – The Most Corrupt in American History

The polls will be manipulated to show Trump will lose. While our computer shows he should win, caution is necessary because we are also showing this will be the most corrupt election in American history. The computer had also projected that Gore would have won but the Supreme Court handed that to Bush, and later […]

June 24, 2020 | Political Corruption at Trump Rally

 By the way. BOK stands for Bank of Oklahoma. Here is how a corrupt convention center management team kills attendance at a Trump Rally. I was there and saw most of it first hand, followed by others tonight that never got past the temperature screeners. 1. BOK Center holds at least 19,000. The area outside […]

June 24, 2020 | IMF: Global Contraction Deeper and Longer than Previously Thought

As COVID-19 cases surge across 27 US states this week, the IMF revised its 2020 global economic contraction forecast today to -4.9% (from -3% in April) thanks to a larger-than-anticipated supply shock and an ongoing hit to demand from social distancing and other safety measures. Dubbing it a “crisis like no other” the report notes that if safety measures […]

June 24, 2020 | Gold & Silver Begin The Move To New All-Time Highs

We warned about this move many months ago and just 6 days ago we issued a research post suggesting Gold had cleared major resistance and would start a rally mode to push above $2000 – possibly above $2100.  Well, guess what happened right after we made that statement? Yup – Gold started to rally higher […]

June 24, 2020 | The Residue

Recently I fessed to having a corner office on the 53rd floor of a swaggering bank tower in downtown Toronto where I can see across Lake Ontario all the way to Nova Scotia. Well, okay, Scarborough. But it’s a bitchin’ view, anyway. The point is, I’m not there. Nobody is. Empty floor. Everybody – all […]

June 24, 2020 | We’ve Been Here Before – And It Ended With An Epic Crash

Wolf Richter just published some charts that, for anyone with a sense of stock market history, are pretty ominous. It seems that the major market indexes that recently soared back to record highs are being elevated by an amazingly small number of stocks – Apple, Microsoft, Amazon, Google and Facebook to be specific — which […]

June 24, 2020 | What’s the Real State of Canada’s Finances?

  • Kris Sims –   Loosened liquor regulations a good move permanently

June 24, 2020 | Gold and Silver Look Good Long Term

Canada loses Fitch AAA credit rating

June 24, 2020 | BC Government Forcing Companies into Bankruptcy

  • Jordan Bateman –  How did a Langley BC 17 year old get Trump Oklahoma rally tickets?

June 23, 2020 | US Stock Market Enters Parabolic Price Move – Be Prepared, Part I

After the recent COVID-19 virus event and the global market concerns that will warrant caution for skilled traders and investors, the US stock markets have entered an upside parabolic trend that will likely end with a massive price collapse – extremely volatile and aggressive in nature.  Our research team continues to warn of the unpredictable […]

June 23, 2020 | Will Gold and Silver Ever Break Free From Official Price Suppression?

After watching the prices of gold and silver for over 12 years (daily), I can say with confidence that these prices are not reflective of a free market. Both AU and AG are price manipulated daily so as to suppress any real spike in these prices. Investors know that if AU and AG spike upward for […]

June 23, 2020 | AAPL Will Continue to Lead the Charge

AAPL has blown past a longstanding rally target at 370.15, implying it is bound for yet another at 385.487 that lies a further 5.4% above. Because the stock is almost certain to get there, the broad averages can be expected to move higher with it. This seems hard to believe, given the grim turn that […]

June 23, 2020 | New Home Sales Jump After Steep Negative Revisions

New home sales in May jumped 16.6% to 676,000 units on a seasonally adjusted annualized basis. The huge percentage jump is from a downward revision. The Census Bureau revised April from 623,000 units to 580,000 units.Sales vs Expectations Mortgage News Daily commented “For the second month in a row, sales of newly constructed homes outdistanced expectations.” Factoring […]

June 23, 2020 | Retirees Pay Heavily When Sales People are Allowed to ‘Advise’

In the late 1990s, thousands of Canadian teachers were offered early retirement packages that included the option to take a lump-sum withdrawal and forfeit their vested right to a defined pension for life. My mom was a teacher and she–and others–approached me to review the options. Cash-out values of several hundred thousand sound huge to […]

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