ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
July 21, 2020 | Energy Sets Up Near Major Resistance – Breakdown Pending
Our research team believes Crude Oil and Energy, in general, has stalled near major resistance and maybe setting up a big downside move as the COVID-19 virus continues to roil regional and global economies. The recent news that the COVID-19 virus cases have skyrocketed suggests further economic shutdowns may push oil prices below $35 ppb […]
July 21, 2020 | Gold, Silver and Miners Finally Breaking Out Strongly
Stock Markets in High Risk Territory
July 21, 2020 | How Canada Can Have a Real Recovery?
Is Canada viewed internationally as easy to manipulate?
July 20, 2020 | Nobody Will Accept the 2020 Election Result
COMMENT: Mr. Armstrong; Socrates deserves a Nobel Prize for it is the only thing to forecast so many trends correctly. Now the news is that Trump may not accept the election results. I have followed you for years. You are certainly not one of these people who make one forecast and run ads as the […]
July 20, 2020 | Hoarding Cash
The reason there is a shortage of cash developing around the world is rather straight-forward. The trust in the government is collapsing. Italy has just lowered the legal amount someone can pay for anything in cash from €3000 to €2000. Australia made it a criminal act to pay for anything with A$10,000 or more (US$7,000). […]
July 20, 2020 | Not There Yet
The Royal Bank of Scotland has told its 50,000 employees not to bother coming back to work. Until sometime in 2021. Hmm, so it’s Scotland, not Canada. But this is definitely a trend. Not just working remotely, but the conclusion of major corporations that the virus will rage for a long time. A long, long […]
July 20, 2020 | Gold Advocate Judy Shelton May Soon Be on the Fed
Shelton faces a Senate Bank review on Tuesday. Loose Money and the Roots of the CrisisShelton has favored a return to the gold standard although recently seemed to back off such a hard stance. On September 30, 2008, Shelton wrote a Wall Street Journal Op-Ed Loose Money And the Roots Of the Crisis. These days, we […]
July 20, 2020 | US Stock Market Stalls Near A Double Peak
The US stock market stalled early this week as earnings started to hit. A number of news and other items are pending with earnings just starting to roll in. There have been some big numbers posted from JP Morgan and Goldman Sachs. Yet, the markets have reacted rather muted to these blowout revenues. We believe […]
July 19, 2020 | Q&A – Backfiring Lockdowns?
QUESTION #1: Marty, Is there any evidence you are hearing the Lockdown is backfiring in any way that shows this will fail and result in support for reopening the economy here without the restrictions government has implemented across the states? It appears we are at a crossroads with professional sports trying to restart, seen as a litmus […]
July 19, 2020 | This Time, the Shoeshine Boy Is an Actual Player
The shoeshine boy is not just giving customers stock tips these days, he is also jumping on hot stocks himself, scalp-trading three or four shares of Tesla, at $1500 a copy, in his Robinhood.com account. That’s all the stock these penny-ante schemer-dreamers can afford, and it is why it is not the metaphorical bootblack operating out of […]
July 19, 2020 | So Now What?
My buddy Ryan stirred the loins of the rightist barbarians who roam the barren steppes of this blog, bareback, when he dissed the Trudeaus. Papa and junior. Together they’re responsible Ryan pointed out, for half the trillion-dollar debt that Canada will shoulder by the end of the year. Deficits and debts result from political decisions. […]
July 19, 2020 | Small Business Blues
Politicians love saying small businesses are important to the economy. In this case, it isn’t just rhetoric. The millions of little companies with a handful of workers are, collectively, more important than the few hundred large enterprises we see in the news. That’s one reason the corona crisis has been so economically devastating. It hit […]
July 18, 2020 | Frontline: A Class Divided
Amazing glimpse into the human psyche and how it can be influenced one way and another. One day in 1968, Jane Elliott, a teacher in a small, all-white Iowa town, divided her third-grade class into blue-eyed and brown-eyed groups and gave them a daring lesson in discrimination. This is the story of that lesson, its […]
July 18, 2020 | This Week in Money
- Ross Clark – Stock Markets, China, Gold
- Martin Armstrong – Marxism, Lockdowns, Gold, Recession, USD, Cash, China, Separatist Sentiments
- Larry Reaugh – President & CEO of American Manganese Inc. on Company Showcase – What Does Lack of Cobalt in Lithium-ion Batteries Mean for American Manganese’s Recycling? Op Ed views hit 88,600, Short Rule and Predator Trading. Read Automotive News Article – “EV Startups Feel Squeeze From Tesla“. Read The University of Texas at Austin Cockrell School of Engineering Article – “New Cobalt-Free Lithium-Ion Battery Reduces Costs Without Sacrificing Performance“. Read Save Canadian Mining Article – “Save Canadian Mining Encouraged by the Consultation Report Released by Ontario’s Capital Markets Modernization Taskforce“. Read The Motley Fool Article – “Boiler House Posters/Bashers and How They Opererate on the Bullboards“. Watch EV Stock Channel Interview with Zarko Meseldzija, Chief Technical Officer and Director of American Manganese Inc. – “Tesla & Lithium Ion Battery Recycling,The New Multi-Billion Dollar Industry“. 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
July 18, 2020 | Trading Desk Notes July 18, 2020
You have to ask yourself, “What are we trading these days?” 50 million Americans have applied for first time jobless benefits since the lockdowns began and the Nasdaq 100 has rallied >60% from the March lows to this week’s All Time Highs. For most of my trading life I’ve made a point of knowing when economic […]
July 17, 2020 | A Bold New Plan for Clean Energy
Democratic Presidential nominee Joseph Biden unveiled his clean energy platform this week, which shows an increased willingness to move closer to the progressive wing of his party. The $2 trillion spending proposal is over four years, a dramatic change from his previous campaign promise of $1.7 trillion over ten years. If Biden wins in November, […]
July 17, 2020 | Housing Starts and Permits Improve But Not Enough
Starts and permits improve but remain below pre-covid levels and levels of a year ago. Here are the key numbers from this mornings Residential New Construction report.Building Permits Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,241,000. This is 2.1 percent above the revised May rate of 1,216,000, […]
July 17, 2020 | Market Mania Is Looking a Little Green Around the Gills
Stocks have arguably never been more vulnerable than they are now. We need only ponder Tesla’s chart to understand how Wednesday’s highs may have marked a very important top. I’d expected the broad averages to hang tough as the week drew to a close, but their modest bounce on Thursday provided barely enough loft […]
July 17, 2020 | Unintended Consequences
Welcome to the Friday edition of the not-a-virus, real estate, investing, macroeconomics, canines, babes (can I say that?) & balanced portfolio blog. Even if you’re not quite sure about your pronouns, we’re here to help. And the price is right. Worth every damn cent. First a follow on yesterday’s head-scratcher about how real estate values […]
July 17, 2020 | Banks and Borrowers Not in Quick Recovery
While the tech and the precious metals sector have to date recovered sharply from the first leg of the 2020 market plunge, other more economically reflective sectors like financials, energy and real estate investment trusts are not feeling the same optimism and remain mired in a bear market. See Blackstone to shutter real estate income fund for […]
July 17, 2020 | Trend in Interest Rates
COMMENT: Marty, Good morning. Repo rates have been creeping up ever so slightly and quietly. Points wise not much, but percentage-wise, numbers are getting bigger. Has everybody been lulled to sleep and looking the wrong way again? Best, E REPLY: The shift from a Public to a Private wave is in full motion. We can see this in Moody’s AAA Corporate Bond […]
July 17, 2020 | NASDAQ High a Warning to Traders
18 year olds quitting jobs because they’re making more on the markets
July 17, 2020 | Is $3 Trillion from Fed Going to Save Stock Market?
Social Media spurs run on Chinese banks