February 17, 2022 | Trucker Freedom Convoy, Cryptos, Inflation, NFT’s

Gold, Silver, Supply Shortages, Cannabis.  Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2021HALFOFF.

February 17, 2022 | Central Banks Refusing to Slow Inflation

Real Estate prices unsustainable

February 17, 2022 | NFT’s – Smart Investment or Fraud?

Insolvencies likely to soar at tax time

February 16, 2022 | Market Main Plot: Tidal Wave of Liquidity Now Receding

Risk markets are rallying this morning on stories that Putin may be stepping back his aggression in Ukraine. But, lest we forget, Ukraine is a side story. The main plot for financial markets is the tidal wave of fiscal and monetary liquidity that is now receding globally. As Hedgeye’s Keith McCullough put it yesterday:  “The […]

February 16, 2022 | Mid & Small Cap Indexes May Surge Higher

As the global markets move away from recent concerns of war and Fed rate hikes, I believe both Small and Mid Cap indexes are uniquely positioned to potentially surge 7% to 11%, or more, from recent lows. My analysis suggests both the Small and Mid Cap Indexes may have moved excessively lower over the past […]

February 16, 2022 | It’s Time to Talk About Judges – And Natural Law

Supreme Court Justice Stephen Breyer has announced his retirement, and President Biden has promised to nominate a liberal African American woman to the seat. While most pundits are focused on the fact that Biden is limiting his potential nominees to a specific race and gender, now might be a good time to discuss the more […]

February 16, 2022 | Trudeau Will Freeze the Bank Accounts of All Protestors

Desperate and unwilling to speak directly to the truckers, Justin Trudeau is now vowing to freeze the personal and business bank accounts of those involved in the Freedom Convoy. Trudeau is drunk with power and passed the emergency order despite the premiers of Quebec, Manitoba, Saskatchewan, and Alberta stating it is an unnecessary move. Only […]

February 15, 2022 | Gregory Mannarino: A Rapidly Developing Super-Crisis — You’re In One

From Gerald Celente’s Trends Journal: The global economy is in FREEFALL, inflation is surging, and debts/deficits are skyrocketing. Real wages, personal income weighed against inflation, is CRATERING. Meanwhile, the US stock market after its rebound off the recent low, is only single digit percentage points away from all time highs. Does this make sense to […]

February 15, 2022 | Tax Insolvencies Tip of Iceberg in Canada

Canadians living at the financial edge may be pushed to the brink when the taxman comes calling, according to a new study from licensed insolvency trustee Hoyes, Michalos & Associates Inc (report available here). According to the firm’s annual Joe Debtor study, tax obligations returned as the primary driver of consumer insolvencies in 2021 as […]

February 15, 2022 | Stocks Fall as Gold and Oil Jumps Amid Tension Over Ukraine – FED

The FED has made it very clear that it will raise its benchmark interest rate, the federal funds rate. This could have severe consequences and even lead to a financial crisis. They are too far behind the curve and will be labeled a major policy error in the future, most likely. They have put themselves […]

February 15, 2022 | Schwab’s Admiration for Lenin

I can verify that this photo going around of Schwab with a statue of Lenin on his bookshelf is genuine. He really does have that in his office. This is based upon first-hand knowledge, not speculation or rumor. Let me explain something very important for those who do not know their Russian history. Following the […]

February 14, 2022 | Which is It – Dumb or Smart?

The big question surrounding Bank of America’s (BofA) massive and unprecedented increase in its OTC precious metals derivatives positions is whether the bank knew the full consequences of what it has done? Also, did the Office of the Controller of the Currency (OCC) understand that BofA was reporting it sold short 30 million ounces of […]

February 14, 2022 | Not So Fast

Inflation in the United States surged to 40 year highs in January, with consumer prices growing by 7.5% year-over-year. The last time inflation was rising this quickly the fed funds rate was sitting at 15%, today it sits at zero. This is ramping up calls for aggressive interest rate increases in order to quell inflation, […]

February 14, 2022 | Years of Mean Reversion will Punish Present Holders

With more than 70% of its 3600 c0nstituent companies down more than 20% from their highs, the sentiment-leading NASDAQ index is now trading below its 50-, 100–, and 200-day moving averages for the first time since March 2020. The 2020 market plunge was abrupt but too short and shallow to correct for cyclical extremes in […]

February 14, 2022 | Have Used Car Prices Peaked? Not Quite Yet

Cars used to be the quintessential depreciating asset. Drive a new one off the lot and you were immediately down 40%. Subsequent declines were slower, but they never really stopped. But that was before Fed stimulus escaped from its financial asset silo and inundated normal life. Now, cars – even used ones — are more […]

February 13, 2022 | US Household Debt Rises by $1 Trillion

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion in debt, with the figure growing by $333 billion in Q4 alone. Mortgage and auto loans are the main sources of debt for Americans. Home loan originations hit […]

February 13, 2022 | Plenty of Scary News Signifying…Nothing?

Thinking back over the last 30 years, it’s hard to recall a single instance when traders ultimately lost money diving into stocks on ‘bad’ news. There was a hot mess of it on Friday, when shares plummeted to presumptive bargain levels on reports that Putin is about to invade Ukraine.  That’s bad news indeed, although […]

February 13, 2022 | Financialized Everything

Interest rates—the “price of money”—have been unusually low for most of this century, particularly since the 2008 crisis but going back to Greenspan’s era. The wisest people I know differ on exactly why. Was it purely a policy choice, or the result of larger, less-controllable economic forces? I believe the answer is some of both. […]

February 12, 2022 | This Week in Money

• Ross Clark –  Stock Markets, Inflation, Bonds, Precious Metals, Oil, Canadian Dollar.  Special Offer! 25% Off for New Annual Subscribers.
• John Rubino –  Truckers, 40 Year High Inflation, Gold, Stock Market, Cyrptocurrencies
• Wolf Richter – Used Vehicle Prices, Consumer Debt, US Real Estate
• Larry Reaugh – President & CEO of American Manganese Inc. on Company Showcase – American Manganese CEO Discusses Demonstration Plant Update.   Rising Lithium Price Increases Value of LFP Batteries.  Read Benzinga Article – “Global $36 Billion Battery Recycling Markets to 2028 – Growing Demand for Recycled Products and Recovery of Valuable Metals“.  Read Auto.com Article – “How EV Battery Recycling Helps Manage Raw Material Cost Escalations“.  Watch Scotty Kilmer – “They Tried to Shut Me Down for Telling the Truth About This Electric Car“.  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

February 12, 2022 | Trading Desk Notes For February 12, 2022

Interest rates rocket higher Interest rates have been climbing steadily since early December but rocketed higher this week on the one-two punch of surging CPI and a call from St. Louis Fed President Bullard for the Fed to “immediately” take aggressive hawkish action. Last week I noted the dramatic “rate of change” in European interest rates when Christine Lagarde […]

February 12, 2022 | Pop Quiz: What Would it Take to Return the TSX to Where it Topped in 2008?

The oil and gas overweight (13%) in Canada’s TSX typically helps buoy the Canadian stock market late in each market cycle.  Oil prices leap, explode the highly levered global economy and then plunge with demand once more.  Comparatively, just 3% of the S&P 500 is oil and gas. With West Texas Crude back at an […]

February 11, 2022 | Biden’s $30 Million Pipe Dream

Joe Biden plans to spend $30 million in taxpayer money on crackpipes. If only this were a rumor. The funding is intended to reduce harm from substance abuse. “The purpose of the program is to support community-based overdose prevention programs, syringe services programs, and other harm reduction services,” the Department of Health and Human Services (HHS) […]

February 11, 2022 | Inflation Expectations are Still Too Low

Economists are underestimating inflation. The consensus is for inflation to drop to 2.9 percent by the end of 2022. But that consensus should be viewed with suspicion. How should investors act if we get higher inflation instead? The consensus of economists has inflation dropping from 7 percent to sub-3 percent by the end of 2022. […]

February 11, 2022 | Yield Curve and Consumer Sentiment Flatten with January Inflation

The consumer price index for January rose 7.5% compared with a year ago and was slightly higher than the consensus estimate of 7.2%.  As shown on the left courtesy of CNBC, this was the highest on this reading since February 1982. Meanwhile, real earnings for workers increased just 0.1% on the month, and University of Michigan consumer […]