ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
June 23, 2020 | No Normal
There’s no virus in broad swaths of Canada. The east is basically Covid-free. No cases. BC is good. The North, too. Seems once Ontario and Quebec get their outbreaks over (drawing closer) the nation will not only have flattened the curve but kicked the little bug’s germy butt. This is in stark contrast to the […]
June 23, 2020 | Gates’ Dream of Controlling the World is Hitting a Brick Wall
Bill Gates and Microsoft have been banned in Russia. This is seriously preventing Bill Gates’ dream of vaccinating the entire world so he can track everyone. Russia is going to add Bill Gates to the blacklist along with George Soros and Jacob Rothschild. The entire scheme of Microsoft and the others is to take everything […]
June 23, 2020 | Should I use Mortgage Deferral Math?
House Price Contraction or Correction or Crash?
June 23, 2020 | What Are Experienced Traders Doing?
Gold, Silver, Platinum, Palladium, Miners, Oil, Bitcoin
June 23, 2020 | Government Should Focus on High Paying Jobs
Aboriginal communities must be included in economic recovery
June 22, 2020 | Will the Dollar Crash?
QUESTION: Good morning from Greece Martin!! It will be very interesting to have your comment on Steven’s Roach interview at CNBC about an upcoming dollar collapse due to the ballooning US deficit. My respect for your job, JA ANSWER: This is the typical myopic nonsense. All they ever do is look at the quantity of money […]
June 22, 2020 | Hello Darkness, My Old Friend
Violence has erupted in Seattle, Washington D.C. and some other cities Monday night, a development that is likely to fuel a continuation of the rally that kicked off with a short-squeeze late Sunday. There were other factors present that Wall Street seems to love, include a resurgence of Covid-19 nationally and a some dreadful news […]
June 22, 2020 | Energy Transition: Canada’s Policy?
The last crystal ball we had was a kid’s marble from a Christmas cracker. So we’re not about to make our own predictions about the fate of oil. We’ll ignore Green MP Elizabeth May’s silly claim that “oil is dead,” and will look instead at what professional predictors are seeing in their digital crystal balls. […]
June 22, 2020 | 30% Failed to Make Housing Payments in June
Fear of evictions are on the rise as missed payments were 30% for two months. A study shows Missed Payments Stabilize In June At Alarming 30% Level. 37 percent of renters and 26 percent of homeowners are concerned that in the next six months they will face an eviction or foreclosure. This hardship continues to be […]
June 22, 2020 | Is This It?
Memo to self: never, ever again (ever) write about Trump. Juices and prejudices have made debate or analysis impossible. The deplorables win. Pass the ammo. ——- Last week we parsed the mortgage deferral thingy. Do not, this pathetic blog warned you, stop making payments and think there’ll be no consequences. That’s not a rational position […]
June 22, 2020 | Grantham: “This is the Real McCoy of Bubbles…Crazy Stuff”
Billionaire investor and GMO co-founder Jeremy Grantham is growing more and more sure that the U.S. stock market’s rebound amid the coronavirus pandemic is a bubble that will end up hurting many people. “My confidence is rising quite rapidly that this is the fourth ‘Real McCoy’ bubble of my investment career…“We’ve now reached a level […]
June 22, 2020 | Meet BlackRock, the New Great Vampire Squid
BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars from the Federal Reserve. The fate of a large portion of the country’s corporations has been put in the hands of a […]
June 22, 2020 | How Pension Funds Die, CalPERS Edition
Say you’re running a big pension fund that – according to the politicians who are handing out ultra-generous benefits to public sector employee voters – has to generate 7% annual returns in order to meet the resulting obligations. But the bonds you used to rely on now yield between 0% and 2%, depending on how […]
June 22, 2020 | Semiconductors and AMD Close To A Breakout Move
Being a technical trader means we attempt to identify opportunities in and market, symbol, or sector based on technical indicators, price patterns, advanced price theory/modeling, and much more. We don’t particularly care if the opportunity is a bullish breakout rally or a bearish breakdown selloff, we simply want to find the “setups” that create this […]
June 22, 2020 | Realtors Concerned About Sales Later This Year
Lack of Immigration hitting Real Estate
June 22, 2020 | The Great Withdrawal
An extraordinary thing happened this week: Taro Kono, Japan’s Defense Minister, got up and announced that the Japanese government would be halting its plan to deploy a new, multi-billion dollar missile defense system. Tokyo had committed itself to buy the Aegis Ashore system from the fine folks at Lockheed Martin back in 2017, a.k.a. the height of the hysteria […]
June 21, 2020 | Central Bank Crisis Expanding
QUESTION: Hi Marty. You mentioned in the blog that all European sovereign debt may end up being converted into perpetual bonds. Will it be through debt mutualization or will each country have each own Consol? Could you please elaborate on how this conversion would affect pension funds, banks, social security and individual investors? Knowing that the […]
June 21, 2020 | Further Evidence of Eschatology in Real-time!
The key word for the next ten years is this concept called ESCHATOLOGY. I am convinced that mankind is now living in the Last Days of man’s rule over planet earth. Take the time to study eschatology for yourself to determine its relevance for today’s events. It’s the concept of 2020 – 2030 IMO! The best […]
June 21, 2020 | Time for Bulls to Start Worrying
Although the rally on Wall Street flouts common sense and arguably even sanity, born-again bulls continue to rampage. What will put an end to their foolishness? Surely not more grim economic data, nor an increase in what is already the highest unemployment rate since the Great Depression, nor a wave of business failures that could […]
June 21, 2020 | Danielle on CBC Business Panel
Danielle appeared on CBC Business Panel with John Northcott discussing key business news this week. Here is a direct video link.
June 21, 2020 | Where We Go from Here
Predictions are difficult, especially those about the future. That old proverb (often attributed to Yogi Berra) is right but you can’t live without making certain presumptions. You presume your car will start, your refrigerator will stay cold, the lights will turn on when you flip the switch. In fact, you could argue this “predictability” separates […]
June 21, 2020 | A Stealth Double Dip or Bear Market Has Started
The stock has gone through many cycles since the 2000 tech bubble. The tech bubble was the last significant time the stock market’s popularity among individuals piqued their interest in such a huge way similar to what we see now in the markets. Market legend Jeremy Grantham recently talked on CNBC about the price action […]
June 20, 2020 | All That Glitters When the World Jitters is Probably Gold
The economic pressures and concerns within the global markets have not abated just because the US Fed has ramped up the printing presses. Inversely, the stock market price levels may be elevated based on a false expectation of a quick recovery and of future expectations that may be very unrealistic. In terms of technical analysis, […]
June 20, 2020 | This Week in Money
- Ross Clark – Stock Markets, Canadian Dollar
- Josef Schachter – Crude Oil, Natural Gas
- Wolf Richter – US Economy, Real Estate and Autos
- Larry Reaugh – President & CEO of American Manganese Inc. on Company Showcase – American Manganese CEO Discusses Tesla’s Much Anticipated Battery Day. Economic Standard Op-Ed on Manganese receives 37,000 views as of June 19, 2020. Read Electrek Article – “Elon Musk Delays Tesla ‘Battery Day’ to Next Month“. Read Forbes Article – “As Electric Vehicles Take Off, Europe Plans ‘Battery Passport’ To Ensure Responsible Sourcing Of Materials”. Read Electrek Article – “Tesla Reaches New Deal with Panasonic for Battery Supply“. Read Forbes Article – “How Did Tesla Become The Most Valuable Car Company In The World?“. Read Yahoo Article – “The Trillion Dollar Battle Over North Korea’s Rare Earth Elements Is Just Beginning“. Read Yahoo Article – “Tesla Strikes Deal to Buy Cobalt From Glencore for EV Plants“. Read PV Magazine Article – “Supply Chain Concerns Will Drive EV Battery Recycling Policies“. Watch JCDREAM ElectroMobility Video. See AMY Business Plan. See AMY Company Presentation.
Watch AMY’s Video – “Our Revolutionary Lithium-ion Battery Recycling Technology”.
Watch AMY”s Video – “Introducing RecycLiCo™ – A Patented Process for Recycling Lithium-ion Batteries“.
Questions? Email Larry or Phone: 778.574.4444
June 20, 2020 | Trading Desk Notes June 20, 2020
Markets currently seem to be highly correlated into a simple “risk on / risk off” dichotomy…with the emini S+P futures leading the way while other markets follow. If the spuz is bid then WTI catches a bid while the USD and bonds are offered…and vice versa. The tricky thing with trading off inter-market correlations is […]