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September 26, 2021 | Today’s Chart: This Real Estate Bust Is A Global Problem

Pretend you’re a country that over the past decade has engineered the mother of all real estate booms, in the process encouraging your citizens to load up on houses, apartments, raw land, anything related to the property sector. Your households now have 74% of their wealth in real estate, versus only 28% for those house-mad […]

September 26, 2021 | What Could Go Wrong?

I have written several letters on the theme that the best investment posture is cautious optimism. Pessimism and bearishness never get you in the game, while untamed optimism means that at some point, you’ll have a serious setback. The cautiously optimistic investor asks both, “What could go wrong?” and “What could go right?” Dave Portnoy […]

September 25, 2021 | ‘Katie-Bar-the-Door’ Time for Evergrande Speculators?

  Bears had a rare chance to get short with impunity last week — arguably the first such free-money opportunity since the bull market began more than 12 years ago. With the Evergrande saga unfolding in real time, shares appeared to be doing a Wile E. Coyote ahead of Friday’s opening. Their gravity-defying behavior reflected […]

September 25, 2021 | This Week in Money

September 25, 2021 | Flation: Which Kind Will it Be?

There are a number of ‘flations out there. Inflation, deflation and from the poorly understood 1970s stagflation. And the intention of this article is to review historically that there are two kinds of “inflations”, one is bad and the other is good. And only one kind of deflation, which is bad.

September 25, 2021 | Trading Desk Notes For September 25, 2021

Evergrande Monday The Dow Jones futures contract dropped >1,300 points from last Friday’s highs to Monday’s lows and then rallied back > 1,300 points to Thursday’s highs – a ~2,600 point round trip in five trading sessions. Here’s my take: The leading stock indices had rallied >100% from the March 2020 lows without so much as […]

September 24, 2021 | New Book Confirms Biden Corruption

   

September 24, 2021 | A Plan to End Banking as We Know It

BALTIMORE, MARYLAND – What we’ve been looking at this week is “how the world ends.” And today, we meet a woman who intends to kill it – the exterminating angel herself – Saule Omarova. Born in Kazakhstan, educated in Moscow, Madison, and Chicago, and now nominated by the Biden Team to head up its OCC […]

September 24, 2021 | China Evergrande is not Lehman Brothers

The China Evergrande debacle continues to worsen. China Evergrande, the second largest property developer in China and the most indebted in the world, missed loan payments this week, triggering a technical default. Is the China Evergrande crisis like the Lehman Brothers bankruptcy? Lehman failed in 2008 with $630 billion in liabilities and $600 billion in […]

September 24, 2021 | Today’s Chart: Gold Breakout Coming?

Sometimes it helps to zoom out a bit. For gold (at least when priced in US dollars), the past few years’ action has seemed boring, one might even say directionless. But move the starting date back and flip the graphical relationship between metal and currency, as 321Gold’s Stewart Thompson recently did, and the picture looks […]

September 24, 2021 | Can the Evergrande Crisis Spill Over to Our Markets, Economy?

China Makes Cryptocurrencies Illegal

September 24, 2021 | American Manganese CEO Discusses Battery Recycling Process in Layman’s Terms

Busy week at American Manganese. Read MRW Article – “Consultation Due on Lithium-ion Battery Recycling“. Read Mining.com Article – “Value of Battery Metals in New Electric Cars Surges 177% Year-on-Year“. See AMY Lithium-ion Recycling Technology – Updated Jan. 2021.   Watch AMY’s Video – “Our Revolutionary Lithium-ion Battery Recycling Technology”. Questions?  Email Larry or Phone: 778.574.4444

September 23, 2021 | Are Former Communist Countries the Only Sensible Places?

    The head of Croatia fires back against a brainwashed journalist complaining that Croatia is only 50% vaccinated compared to the EU. He responds that 50% is enough. He straight-up states: “We need to know what the goal of this frenzy is!” Journalists are aiding Bill Gates and others, terrorizing the people over a […]

September 23, 2021 | China’s ‘Controlled’ Credit Explosion

This report gives a good overview of the global interconnections in our highly levered financial markets and economies. Deflation in the global property sector is needed.  It will be painful but also helpful longer-term in redirecting capital from realty speculation to more productive investment. Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to look at […]

September 23, 2021 | British Rapper: Today’s World “Is Like Animal Farm”

Fox News host Tucker Carlson just interviewed a British rapper who gives a — gasp — reasonable assessment of the modern world. It’s nice to be reminded that sanity still survives out there:  

September 23, 2021 | Was 5% Dow Dip the Correction Many Anticipated?

Converging cycles may have played a role in the stock market.   Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2021HALFOFF.

September 23, 2021 | Dow, Interest Rates, USD, Oil, Gold, Insane Asset Bubble

Natural Gas, Wind Power, European Energy Crisis

September 23, 2021 | Was 5% Dip in the Dow Enough to Ward Off a Major Correction?

Gold, Oil, Uranium, USD, CAD, Interest Rates, China

September 22, 2021 | COMMENTS on the Future

      COMMENT #1: Hi Marty, It does not feel like we are winning at all here in Canada. In Ontario, as of today, the unvaxxed cannot go to a restaurant, concerts, gym or any indoor event deemed by the ‘authorities’ as not essential. Soon enough, we will not be able to buy a […]

September 22, 2021 | Home Sales Fall from Year Ago, Prices Down for 2nd Month, Price Reductions Jump: This “Deceleration” Despite Massively Negative Real Mortgage Rates

Sales of single-family houses, condos, and co-ops fell by 2.0% in August from July, and by 1.5% from August last year, to a seasonally adjusted annual rate of 5.88 million homes, according to the National Association of Realtors today (historic data via YCharts): Sales of single-family houses fell 1.9% in August from July and by […]

September 22, 2021 | How Much More Will New Trudeau Minority Government Cost Us?

  • Kris Sims – Was $600 Million for Election Worth It?

September 22, 2021 | Why “Robinhooders” Could Get Wiped Out

Stock Market “Internals” Shaky

September 22, 2021 | Bubbling Assets Need More Buyers–Stat!

While some wait breathlessly for self-enriching US Fed members to hold forth on their next policy tricks, this chart shows the relative size of US financial assets at 5.5x US gross domestic product today compared with 3.5x at the tech bubble top in 2000, and less than 3x from 1950 through the mid-1990s. Looks about as […]

September 21, 2021 | China’s Ponzi scheme in global spotlight again

There are parallels here for other economies like Canada, which have enabled an unhealthy reliance on debt and realty bubbles. “If you want to teach a lesson you have to cause pain.” China Beige Book CEO Leland Miller joins Yahoo Finance Live to discuss why China property fears are concerning investors.  Here is a direct video […]

September 21, 2021 | Did The Global Markets Rollover In April/May 2021? What Next? Part II

In the first part of this research article, I highlighted a number of factors and technical charts that suggest the true peak in the US/Global markets happened in April/May 2021. Although the US markets continued to trend higher after that peak, the global markets, as well as a number of key indicators, suggested the bullish […]

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