July 13, 2021 | Monetary Policy Impotent During a Balance Sheet Recession

Between 2008 and 2019, excess capacity, slow growth and never-ending central bank liquidity injections suppressed interest rates and encouraged corporations to magnify profits by increasing their debt.  This meant that the corporate sector came into the 2020 recession with record indebtedness. As central banks flooded financial markets with even more liquidity over the past 16 […]

July 13, 2021 | Enough

Big reveal tomorrow morning in Ottawa. Our central bank will review its key rate, make a sexy announcement and shed some light on what to expect in terms of your mortgage when it renews. First, I hear you cry, “Tell us how much money the CB has spent snorfling up Mr. Socks’ debt.” Okay, this […]

July 13, 2021 | Why They Need to Destroy Everything

COMMENT: I’m a Canadian and just turned 60 this year and after receiving paperwork about the Canadian Pension here is what I learned. If I take early pension at 60 I’ll receive 489. a month. If I wait till 65 it will be 760. a month. If I wait till 70 it jumps to a […]

July 13, 2021 | Retiring Boomers Are Deflationary, Right?

There’s never been a generation as influential, for good or ill, as today’s Baby Boomers. So our mass retirement over the next decade should, in theory, be a big deal. One scenario has us selling our stocks and either spending the proceeds or moving them into less risky assets like bonds and cash. This reverses […]

July 13, 2021 | Have BC Home Prices Really Jumped 22%?

Would lowering land transfer taxes boost the economy?

July 13, 2021 | Eyes on Silver After Bond Madness

Why BC could become a world crypto trading centre?

July 13, 2021 | Is Rampant Inflation Forcing Speculation in Markets?

Could Bitcoin collapse?

July 13, 2021 | Western Canada Town Halls for Freedom in July

• Mark Friesen – Are Most Canadian Political Parties Against Freedom?  Town Hall Dates & Locations

July 12, 2021 | The Oil-Gas Subsidies That Aren’t

A new report claims Canada’s oil and gas pipelines received over $23 billion in federal subsidies. But is that really true? A remote northern community has no effective way of generating power other than using a diesel-fuelled generator provided by government. Now: Is that a subsidy to the oil industry? Some of the anti-petroleum activists […]

July 12, 2021 | Hoisington Q2 Quarterly Review and Outlook

Four pages of big picture insight, Hoisington Investment Management’s Second Quarter Review and Outlook “Too Much Debt” is now available here.  Spoiler alert: The current economic growth and inflation rates of 2021 will be the highest for a very long time to come. The main obstacle to a return to sustained growth in the standard of living, extreme over-indebtedness, was dramatically […]

July 12, 2021 | Cookin’ it

Susan wants a kitchen. “My cabinets came on the Ark,” she says. “The dishwasher squirts and the countertops are made from some kind of hideous plastic. This reno is not an option.” To pay for the big overhaul she needs about eighty grand. The good news is she can afford it. She and Todd currently […]

July 12, 2021 | Trump’s Lawsuit Against BigTech – Is it Viable?

  Anything Trump does the media will call a joke. This lawsuit they all claim Trump will lose. But their bias blinds them to two important points one of which he makes which is that they are acting under the color of law which means that the First Amendment would apply to a private person […]

July 11, 2021 | 5 Charts Putting the Zoom-Zoom in the EV Boom!

Electric vehicle (EV) sales are booming, right? They even went up during the pandemic, when most car sales tanked. But here’s the thing: The big boom is yet to come. We’re still in the very early days, and that means massive profit potential is waiting to be tapped. About 231,000 all-electric vehicles were sold in […]

July 11, 2021 | Can you Sue an Employer Who Mandates Vaccines?

Eric Clapton took the vaccine and now can no longer perform. He said: “The vaccine destroyed me – I now live with pills due to neuropathy.” The sad part of this is that they are pushing vaccines like a cocaine dealer and nobody has does anything to research why someone people suffered side effects or […]

July 11, 2021 | The Monster Rally and Its Deceptions

Rick’s Picks subscribers ended the week transfixed by a powerful rally in the E-Mini S&Ps whose inevitable destination was 4362.25. Why inevitable? Mainly because a chat-room ace whose trading system has been getting the big swings exactly right lately had said so the day before. If he were a pistol sharpshooter, this trick would be akin […]

July 11, 2021 | A Moment in Time

So now there are bidding wars for rental houses. Reports are showing up documenting ten or a dozen families competing to lease a SFH, offering above-market rates or offering to prepay six months or a year. No wonder. Most people who do not own cannot afford to buy, given the pandemic bulge in prices. Nor […]

July 11, 2021 | TINA Is Stupid

In the 1980s, British Prime Minister Margaret Thatcher liked to say, “There is no alternative” to her market-driven economic reform ideas. She said it so much people began abbreviating it as “TINA.” Whatever you think of Lady Thatcher’s policies, the slogan was certainly effective politics. If victory is inevitable, you can either cooperate or be […]

July 10, 2021 | This Week in Money

• Ross Clark –  Stock Markets, Gold, Oil, USD, Canadian Dollar
• Marc Faber –  Gold, Dow, Interest Rates, US Dollar, Marxism
• John Rubino –  Gold, Silver, Peak Complexity, The Great Reset, Spying, Social Media
• Larry Reaugh – President & CEO of American Manganese Inc. on Company Showcase – American Manganese CEO Discusses Goals for Recycling Lithium-Ion Batteries.   IP Work To Begin On IOCG New Hazelton Property.  Read the Latest News.   Read Best Mag Article – “Residents Evacuated as 100-ton Lithium-ion Fire Rages for Three Days“.  Read MarketFrauds.to Article – “Corruption at Globe and Mail – Mail Sent to Their Staff and Regulators“.  Read CleanTechnica Article – “38 New EV Battery Gigafactories Planned in Europe“.  Watch JCDREAM ElectroMobility Video.  See AMY Lithium-ion Recycling Technology – Updated Jan. 2021.  See AMY Company Presentation – Dec. 2020.

  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: 778.574.444

July 10, 2021 | Trading Desk Notes For July 10, 2021

Choppy price action this week WTI made a 7-year high at $77 on Tuesday, then tumbled ~$6 into Thursday’s low but bounced back $4 by Friday’s close. Prices on the long bond have been soaring the past two months ( yields have been falling), but the market appeared to have a blow-off top Thursday, and […]

July 10, 2021 | A Somewhat Ugly COT Report

10 July 2021 — Saturday Yesterday in Gold, Silver, Platinum and Palladium The gold price had a choppy up/down move in Far East trading on their Friday — and the low tick of the day was set about fifteen minutes before the London open. It had another choppy up/down move between then and 8:45 a.m. in […]

July 9, 2021 | The Problems With Central Planning

YOUGHAL, IRELAND – Picking up from yesterday… Ms. Rana Foroohar, writing in the prestigious Financial Times, proposed… …simply bringing a smidgen of strategic and long-term foresight to the way America’s economy is run. In a world in which we have to compete with state-run giants like in China, that think on 50-year time horizons, quarterly capitalism simply […]

July 9, 2021 | Canadians Need Wishful Thinking to Believe in the Housing Bubble

Canadian housing is expensive. Household debt in Canada is at record levels. And yet there is still enthusiasm about buying more real estate, and very little fear of a crash. Why are Canadians so complacent about houses? Canadians buying real estate have a very positive view about real estate prices. They have little or no […]

July 9, 2021 | The Gush

Despite the moaning and wailing of those on this pathetic blog who never want to work again, a lot of people do. Friday’s jobs stats were a total blow-out. This confirms two conclusions: (a) election, and (b) central bank retreat. Did you see the numbers? Wow. Over 230,000 new hires last month – almost fully […]

July 9, 2021 | Home Buying Trends Showing Signs Of An Extreme Bubble Setup – Is It About To Burst? Part II

As we continue to explore the recent data and setup related to the current Housing market bubble, this, Part II of our research, will continue to highlight the similarities we are seeing in the current market climate to the 2005~2008 Housing/Credit market event that crashed the markets over 15 years ago.  Additionally, we’ll also highlight […]