ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
May 5, 2022 | Death Shots, Starvation, Morons
20-26% Inflation?
May 4, 2022 | Worst Annual Start on Record – Are Stocks and Bonds Going to Diverge?
As we await the next rate hike from the US Fed, some big picture is worth considering. As shown below, courtesy of Charlie Bilello, year to date has been the most negative start for stocks (S&P 500) and bonds (aggregate index of investment-grade bonds) together since at least 1976, and the first time that both have […]
May 4, 2022 | Chris Martenson: Will You Starve to Death This Year?
by Chris Martenson on Peak Prosperity: Currently, diesel prices in the U.S. and Europe are signaling that serious shortages are now upon the western world. What does this mean? Well, it simply means that less diesel will be used than before. High prices and actual shortages tend to have that effect. Which products or services […]
May 4, 2022 | Is The US Dollar The Global Safe-Haven?
Global investors continue to pile into the US Dollar making it the primary safe-haven trade. This may eventually trigger a broad and deep selloff in U.S. stocks. As the USD continues to strengthen, corporate profits for US multinationals will begin to disappear. The following chart by Finviz shows the percentage the USD has appreciated against […]
May 4, 2022 | 2000 Mules – Another Banned Movie?
May 3, 2022 | Why is CASH King in Times of War?
COMMENT: Dear Martin, So refreshing to see some theory regarding silver other than crazy goldbugs claiming JP Morgan artificially putting down t silver prices for XX years. Still what I find interesting is the weakness of the US stock market. Bonds getting dumped, Precious Metals getting dumped, EM’s getting dumped so everyone is just holding USD […]
May 3, 2022 | The Coming Global Financial Revolution: Russia Is Following the American Playbook
No country has successfully challenged the U.S. dollar’s global hegemony—until now. How did this happen and what will it mean? Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United […]
May 3, 2022 | Charles Hugh Smith: Is Housing a Bubble That’s About To Crash?
by Charles Hugh Smith: Are we heading into another real estate bubble / crash? Those who say “no” see the housing shortage as real, while those who say “yes” see the demand as a reflection of the Federal Reserve’s artificial goosing of the housing market via its unprecedented purchases of mortgage-backed securities and “easy money” […]
May 2, 2022 | The OCC’s Response
I received a response, via my local congressman’s office, from the Office of the Comptroller of the Currency, to the concerns I raised about recent Quarterly Derivatives Reports for the OTC derivatives positions of US banks. As a refresher, my concerns were previously presented to subscribers on several occasions and most recently in this public […]
May 2, 2022 | The Declaration for the Future of the Internet
The internet has become the main source of social interaction, entertainment, and media. Almost everything we do is tied to the internet, which was once a free space. Governments across the world are now attempting to control the world wide web. In fact, the US, EU, and 32 other nations have announced a “Declaration for […]
May 2, 2022 | Market Volatility – Traders Must Adapt Or Risk Losing Their Shirts
Market volatility remains elevated and may be setting the stage for spikes even higher than we have already experienced. Global money is continuing to flow into the US Dollar making it one of the primary safe-haven trades. This may eventually trigger a broader and deeper selloff in U.S. stocks. As the USD continues to strengthen […]
May 2, 2022 | Team Transitory Has Disbanded
No regrets. That was the message from Bank of Canada governor Tiff Macklem when asked about his broken promise on holding rates at zero until the end of 2023. If you recall, in July 2020 Macklem gave the green light for Canadians to speculate on housing, announcing “If you’ve got a mortgage, or if you’re […]
May 2, 2022 | Canadians Squeezed by Debt and Resumption of Collection Efforts
The latest Ipsos survey for MNP demonstrates the extent to which some Canadians are being squeezed by rising rates and a resumption of debt collection efforts by CRA and other creditors. MNP President Grant Bazian discussed the findings on BNN. Here is a direct video link. “…most definitely” some complacency among Canadians as emergency COVID-19 aid programs shielded […]
May 2, 2022 | Jeffrey Tucker: Two Weeks to Flatten the GDP
by Jeffrey Tucker on The Brownstone Institute: What is it with these pundits and government spokespeople? Two years ago, they were wildly exaggerating virus threats, canceling and censoring people who pointed out contrary evidence. It was all about scaring people into compliance with a far-flung epidemiological experiment. Now the tendency has swung the other way. […]
May 1, 2022 | The Fed Is NGMI
We found out this week that the first quarter was recessionary: GDP down 1.4% when the expectation was that the quarter would be up 1%. Rather large miss! Even so, the quarter-over-quarter comparisons were difficult so I believe the Fed will look past it and a 50-basis-point hike in May is still on. Even if […]
May 1, 2022 | Rampant Dollar About to Undo the Fed’s Best Plans
A lone deflationist on the lunatic fringe of economics 30 years ago, I wrote in Barron’s and the San Francisco Sunday Examiner that an out-of-control dollar eventually would do us in. Specifically, I asserted that a short squeeze on dollars would send their value soaring, making it difficult or impossible for anyone who owed dollars to repay them. I’d […]
May 1, 2022 | We have Enemies Within Our Own Governments Seeking War & Agenda 2030
There is a discussion now to ban Russia from the G20 meeting. Whatever can be done to create World War III is in full motion. Meanwhile, Biden wants to not just seize the private property of Russian individuals like yachts, homes, and anything else he can just seize, he wants to sell off the assets […]
May 1, 2022 | Charles Hugh Smith: Not the 70s or the 20s: We’re in uncharted territory
The awakening of inflation after decades of slumber has triggered a flurry of comparisons to the 1970s accompanied by a chorus of projections for 1970s-type stagflation, defined as inflation plus economic stagnation– limited or negative growth and high unemployment. A less popular comparison is with the 1920s: a massive expansion of debt, an equally massive […]