ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
June 19, 2020 | Massive Government Spending Pushes Debt Ever Higher
The economy is sagging badly during the unusual times brought on by the combination of a recession and the impact of COVID-19. Consumers and businesses have cut spending while government deficits have increased exponentially. But the net result is a severe decline in U.S. Gross Domestic Product (GDP) that will impact us for some time. […]
June 19, 2020 | Plastic Rain is Coming Down on All of Us
Today, more than 99% of plastic is made from chemicals sourced from fossil fuels. Our throw-away habits have made plastics profitable for producers while devastating environmental and health costs are left to mount on the public tab. The COVID-19 pandemic has been doubly harmful in both increasing plastic use and reducing our attention on its […]
June 19, 2020 | Cash Cows
There are 12,500,000 households (more or less) in the nation. Of those, 206,600 have managed to accumulate $5 million in assets, or more. That’s 1.6% of the population. Together they own 28% of all the wealth. Some of them – fewer than 3,000 families – have a ton of dough, $100 million or more. Under […]
June 19, 2020 | Is Trudeau Hiding Environmental Data Calling Top Secret Because it Exposes his Government?
In Canada, the Trudeau government is refusing to release carbon tax data, saying it is top secret so that Canadians are unable to see the findings of the report. This is pretty standard for if it supported their agenda, they would be the first to release it to the public. Things become secret like the […]
June 19, 2020 | Will Financial Gravity Collapse the Markets?
Is the US Dollar about to plunge?
June 18, 2020 | Miners Are Bargains Before Gold’s Next Big Move
Gold miners outperformed the metal massively in the bounce from the March lows, gaining about 80% to gold’s 19% rally. More recently, Gold has been zigzagging sideways for weeks now. But miners have underperformed this month, down about 12% from their May highs. That’s okay. If gold’s not making progress, hot money exits miners and […]
June 18, 2020 | The Wealth Tax in Europe and Canada
Both Canada and the EU are listening to Thomas Piketty and the World Economic Forum by pushing this socialist agenda to take over the world economy. There are major difficulties with the imposition of a wealth tax. The question becomes, how do you value a home and an entire family’s wealth or business? How do […]
June 18, 2020 | The Rise of Robinhood Is About More than Reckless Kids—And Why This Matters
I’m not a day-trader. And I’m not a gambler. Despite my unabashed role in the market as an independent speculator, I’m mostly a value investor. But I use Robinhood. At least for simple transactions, it works and it’s free. So why not? Well, Robinhood has an aggressive growth agenda that has already run afoul regulators. […]
June 18, 2020 | Unemployment Claims Dip But Remain Stubbornly High
Initial unemployment claims dipped slightly to 1,508,000. For the 13th consecutive week initial unemployment claims topped the 1.5 million mark.Initial Claims 1980-Present To put things into proper perspective, initial unemployment claims never topped the 1 million mark before Covid-19. Now we have had 13 consecutive weeks in which claims topped 1.5 million. Econoday Consensus The […]
June 18, 2020 | Investing is Not a Game and ‘Free Trades’ Aren’t Free
The ‘gamifying’ of stock trading has become all the rage once more thanks to the financial sales marketing machine, a go-for-broke mentality in participants hoping to ‘win’, and misplaced confidence that central banks are able to prevent asset prices from going down. This is what a shit show looks like and it always ends in […]
June 18, 2020 | The Dilemma
Dipper leader Jagmeet Singh did a victory lap on Parliament Hill this week after blackmailing the Trudeauites into another $34 billion in CERB payments. The program will have dished out roughly $90 billion to workers claiming a virus impact by the time it ends (Christmas). In exchange for allowing the T2 gang to survive a […]
June 18, 2020 | One Crisis Is Manageable. Five Might Not Be
World War One was the most destructive conflict in human history. But before it ended, the Spanish flu came along and claimed an even greater number of victims. A decade later the Great Depression bankrupted millions. But before our grandparents could dig their way out, World War II dragged them into something even worse. Why […]
June 18, 2020 | Gold Has Finally Cleared Major Resistance – Time for Liftoff
Our research team authored an article on April 24, 2020, suggesting Gold would have to clear a major resistance channel/arc before any further attempt at a rally would take place. You can read that article here. At that time, we expected this resistance channel to contain gold Prices for a short 10 to 14+days before […]
June 18, 2020 | Is This an “Eye of the Storm” Rally?
Social and Political unrest part of the financial story
June 18, 2020 | Gold, US Election Cycle, Markets and Media
What Could Cause Summer Market Downturn?
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June 18, 2020 | Little Political Will to Get Pesticides Out of Food
- Sheryl McCumsey – BC Government continues with fire promoting forestry practices
June 17, 2020 | Bulls Running Out of Steam
Bulls showed no pluck on Wednesday, so we shouldn’t be surprised if they let the reins go slack ahead of the weekend. Given the tempo of truly appalling news and the possibility that something horribly destabilizing could occur between Friday and Monday, a trader would have to be crazy to load up on stocks right […]
June 17, 2020 | The Great Reset – The Final Battle Against Marxists
The rising civil unrest is starting to take notice of Bill Gates and his consortium hell-bent on changing the world economy. They have used the coronavirus as a ploy to shut down the world economy all for their Climate Change Agenda. There is a mountain of circumstantial evidence that points to Fauci funding the creation […]
June 17, 2020 | A ‘V’ Recovery is Not Possible! Why?
The ‘V’ economic recovery is distorted as our media plays up our ‘virtual’ stock market as the reference point for this recovery. But what does our REAL economy reveal? The Trump administration along with his economic advisors continue to claim that our economy will explode upward giving us a ‘V’ recovery. Mr. Trump claims that a […]
June 17, 2020 | Momentum Is Great—But No Reason to Buy or Sell
It’s one thing to pay more for a stock when a company has delivered added value, or to sell when it has lost value. It’s quite another to buy just because the price is rising, or sell because the price is falling. In the first case, if we respond in proportion to the change in […]
June 17, 2020 | Tiff Talk
Tiff would be a swell name for a guy on your rowing team at Harvard. Or as CO of the cadet corps at your boarding school. Ditto for your daughter’s tennis or dressage instructor at the Club. Well, here he is. Patrician, steady, old-school solid. Now in charge of the Bank of Canada, Tiff Macklem […]
June 17, 2020 | Fibonacci Price Modeling Suggests Massive Resistance Range In US Markets
The big selloff in the US markets last week (-1600 pts in the Dow Jones) on the comments from the US Fed aligns with previous Fibonacci Price Trigger levels throughout the early portion of 2020 to create a massive Support/Resistance range in the markets according to our research team. It is very likely that the […]
June 17, 2020 | Is US Fed Breeding a Corporate Zombie Nation?
BC has some bright spots amid the economic slump
June 17, 2020 | Canadian Dollar, Crude Oil, Day Traders, Germany
How long can gap between equity markets and real economy continue?
