ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
July 16, 2020 | Lawrence Lepard: Saved By The Printing Press — For Now
Lawrence Lepard, Managing Partner with Equity Management Associates, just released a report that lays out the coming debt crisis in all its apocalyptic glory. The excerpt below is just a tiny fraction of the whole report, which should be read in its entirety by anyone who wonders about the fate of todays financial system. SAVED […]
July 16, 2020 | Time for a Deep Correction in China?
July 16, 2020 | FX VS. Asset Class Correlations Analysis (1-Year vs 30-Days)
I haven’t shared this for a while, but here is a look at various asset class correlations with key forex we follow. Two different time frames so you can see the changes. We have one-year vs. 30-days. Some abbreviations you may not recognize: GDAXI (German Dax Stock Index), HSI (Hong Kong Stocks), CA10YT=RR (Canadian 10-yer […]
July 16, 2020 | Redesigning the World – The Great Reset
COMMENT: Melbourne is getting locked down again. 5 million people on lockdown for 6 weeks at least! People will only be allowed to leave home to go to work (if they can’t work online), grocery shopping, or for medical reasons. All because of 191 alleged virus cases. Catalunya is now mandating obligatory masks even where there […]
July 16, 2020 | The Real Economy Has a Message for Stocks–and It’s Not Bullish
After plummeting between February 20 and March 23, the S&P 500 (below in white) rebounded sharply and is closing in on levels that prevailed at the start of this year. Unemployment meanwhile (inverted in red below), is over three times higher than it was before the Covid-19 outbreak and the highest in decades, as shown […]
July 16, 2020 | Insider Trading: Not Always Good or Bad
Astute and observant readers write to me from time to time to ask if the CEO of XYZ Exploreco selling shares is a reason to sell the stock ourselves. Conversely, some want to know if the VP for exploration buying shares is a signal that we should buy. Insiders, after all, would know if a […]
July 16, 2020 | Huh?
It’s, like, eleven feet wide. Midtown Toronto. No parking. Asked $1.5 million. On the market one day. Multiple offers, sold for $1.8 million. With land transfer tax and closing costs, add another $90,000. So, yes, almost $2 million. While this transaction was happening, Toronto mega-mayor John Tory was moaning the city faces a $2 billion […]
July 16, 2020 | Second Phase Real Estate Collapse Pending, Part II
In this second part of our research into what we believe is the US pending real estate collapse, we’ll explore more data supporting our expectations. In the first part of this article, we highlighted the Case-Shiller data showing home price levels had already exceeded 2006-07 levels and how earning levels have collapsed after the COVID-19 […]
July 16, 2020 | Gold, Silver, and Bank Runs in China
Lithium, Solar, Alternative Energy.
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July 16, 2020 | New Federal Petition to Stop Forest Herbicides
- Sheryl McCumsey – Falling human birthrate could be connected to environmental toxins. Sign Federal Petition to BAN the commercial use of herbicides in the Forestry Industry in Canada.
July 15, 2020 | Why Not Go All In?
A thoughtful reader asked me a great question the other day: Why shouldn’t a gold bug who thinks gold is going to $5,000 and silver to $100—or more—go all in now? The quick and easy answer is that many gold bugs who thought similarly in 2011 did exactly that—and got wiped out. On the other […]
July 15, 2020 | The Burden of Fear
When the virus came, the Vix spiked and markets tanked, fear seized Jason. He’d given me a couple of hundred grand in an RRSP to invest for his retirement in a decade. “But wait,” he said. “There’s no way I’m investing now.” When the spring arrived, volatility had crumbled and markets were higher by a […]
July 15, 2020 | Uh-Oh: Market Fails to Soar on More Bad News
Any time the Dow isn’t up a least 400-500 points, you’ve got to wonder what’s troubling investors. The news environment was favorable, at least by Wall Street’s current, bizarro standard, since the pandemic appears to be raging out of control. California has locked down tightly for the second time, and because of the state’s outsize […]
July 15, 2020 | Worthwhile reading: Fundamentally Unsound
John Hussman’s July letter Fundamentally Unsound is worth the time. If more people followed the simple math of how the price paid drives investment returns, fewer people would be sideswiped by financial disaster. A security is just a claim on some set of expected future cash flows. The higher the price you pay, the lower the long-term […]
July 15, 2020 | Rookie Traders Likely to Learn Lessons the Hard Way
What’s going on with Tesla mania?
July 15, 2020 | Is Helicopter Money Already Here?
Can Nova Scotia save the world?
July 15, 2020 | LOCKDOWNS – When Will they End?
This COVID-19 is a virus that will be with us into the next couple of years, yet it will mutate as all viruses do. We need a completely new crop of politicians because lockdowns are not the answer. Do these people really think they can keep locking people down for the rest of our lives […]
July 14, 2020 | The ‘Fear Factor’ in Stocks
In “The Fourth Turning”, authors William Strauss and Neil Howe paint a picture of economic cycles of approximately 100 years ending in major upheavals. Here’s a quote from this prophetic work: Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War and twin emergencies of […]
July 14, 2020 | It Starts: Mortgage Delinquencies Suddenly Soar at Record Pace
OK, it’s actually worse. Mortgages that are in forbearance and have not missed a payment before going into forbearance don’t count as delinquent. They’re reported as “current.” And 8.2% of all mortgages in the US – or 4.1 million loans – are currently in forbearance, according to the Mortgage Bankers Association. But if they did […]
July 14, 2020 | Second Phase Real Estate Collapse Pending
Real estate, especially commercial real estate, is likely to be the first segment of the real estate market to enter the second phase of an extended collapse. The COVID-19 virus has created an atmosphere where continuing operations for retail, restaurants, and many other business segments is virtually impossible to maintain. Without the ability to earn […]
July 14, 2020 | Why & When Will the West Crash & Burn?
COMMENT: Hello Martin Thank you for your reply when I asked about your reports for the individual country analysis. Yes, it would seem that the Marxist agenda is in full swing, certainly in Scotland. I tell everyone I can about what the real agenda is, economic collapse, totalitarian control, but most of the time I […]
July 14, 2020 | Going Hyper
Chris worries a lot. These days it’s about the guys running this joint. “My hubby and I are in our late-50s,” she tells me. “We’ve worked hard, bought a house for half of what TNL@TB told us we could afford, went without fancy cars and vacations, so that we could make double payments to pay off the […]
July 14, 2020 | What Happens When Subsidies Run Out?
Condo speculators may get really burned