ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
May 28, 2025 | Carney Seeks to Deepen Ties to EU War Effort
Mark Carney’s call for aligning with the EU in a war against Russia reveals more about his ideological alignment than any strategic necessity. As a former central banker turned World Economic Forum alumnus, Carney has long abandoned the notion of free markets in favor of globalist control. He is keen to support the EU’s Marxist-style […]
May 28, 2025 | Denmark Finds Courage to Act on Needed Entitlement Reform
Denmark raised its retirement age last week to 70 for Danes born in 1971 or later. Workers currently become eligible for the Danish equivalent of Social Security at age 67, which will go up steadily in the coming years. See: The New Retirement Age in Denmark is 70: This is the result of a reform passed […]
May 28, 2025 | WTI Likely To Breach US$60/b In The Coming Days
Rising interest rates around the world are again causing problems for financial institutions. In Japan the increase in rates to record highs has pushed insurance companies and banks to take massive mark to market losses and stock prices have been hit hard. In the US rates have stayed near yearly highs with the 10-year US […]
May 27, 2025 | 12.3M Americans Over 120 Removed from Social Security Database
The two certainties in life are death and taxes. The Department of Government Efficiency (DOGE) recently discovered that the living are paying taxes to the dead. In fact, the agency recently eliminated a staggering 12.3 million Social Security recipients who would be over 120 years old if they were still alive today. In March 2015, […]
May 27, 2025 | Et tu, Costco?
With its family-friendly bulk packages, high-quality Kirkland store brand, and, more recently, competitively priced gold and silver bars, Costco has always taken care of its customers. So its introduction of yet another way to accumulate ruinous debt feels like a betrayal: Costco launches ‘Buy Now, Pay Later’ service for online purchases (ABC News) – Costco is introducing its […]
May 27, 2025 | Mean Reverting Prices are Contagious
During the pandemic, near-zero interest rates and government subsidies enabled excess consumption beyond sustainable means. That inflated the prices of most goods and assets while exacerbating wealth gaps between the old and young, as well as between the top ten percent and the rest. We are now in a mean reversion phase, and the downward […]
May 26, 2025 | MAID for Children and Teens – Canada Expands Eugenics Program
Canada has expanded its Medical Assistance in Dying (MAID) program to include children and teenagers. A Special Joint Committee on Medical Assistance in Dying submitted a report to the House of Commons in February 2023 that recommended the government begin extending MAID services to “mature minors” WITHOUT parental authorization. Carney’s government is allegedly considering […]
May 26, 2025 | Believe It or Not, Gold is Still Out of Favor
After the past year’s epic run, you’d think gold would have displaced at least some other assets in mainstream investors’ portfolios. But apparently not. These two charts have been making the rounds on X, showing that during the previous decade’s gold bull market, gold-related ETFs saw their share of “implied allocations” rise dramatically. But that […]
May 26, 2025 | A Firehose of Supply
Happy Monday Morning! Last week we learned Canada’s new housing minister didn’t feel it was appropriate for home prices to fall. Instead, suggesting “We’ve got to create some incentives and opportunities for people to get into the market, we got to make sure that peoples assets are obviously protected, and that’s the market housing. But […]
May 25, 2025 | Inflation Standoff
The Strategic Investment Conference is over. I’m now in my annual recovery period, during which I try to absorb the informational firehose I (with thousands of others) just experienced. I often find SIC’s key insights come from unexpected directions. I spend months organizing the agenda in what I think is a comprehensible way. But once […]
May 25, 2025 | Why the ‘Wealth Effect’ Is a Giant Crock of Shit
Of all the nutty ideas in investors’ heads these days, none is crazier or more pernicious than the mass delusion that grotesquely inflated asset prices have made tens of millions of us rich. As equity shares and residential real estate prices have risen higher and higher due to Fed stimulus with money conjured from nowhere, […]
May 25, 2025 | Armstrong Interview in Alberta About Separation
May 25, 2025 | How Alberta Can Actually Separate from Canada
This is perhaps one of the most fascinating reports I have ever written. This was inspired by my invitation to speak in Alberta concerning their movement to separate from Canada. A few propose being the 51st State, but the more practical move would be to become a sovereign state on their own, which […]
May 24, 2025 | Trading Desk Notes for May 24, 2025
Are bond markets about to “seriously object” to soaring government deficits? The 30-year US Treasury bond yield hit an 18-year high of 5.15% on Thursday. Bond market stress increases as yields rise, especially if they rise quickly. The US 10-year Treasury yield hit a historic high of ~15% in 1981, fell to a historic low of […]
May 24, 2025 | This Week in Money
- Ross Clark: Stock Market, Gold, Uranium.
- Gerald Celente: (10:10) USA, Gold.
- David Skarica: (41:30) Bitcoin, Copper, Oil, Lithium, Uranium, Gold Miners.
- Josef Schachter: (1:37:54) Energy Sector, Canadian Economy. Special Offer!
May 24, 2025 | Tech Talk for Saturday May 24th 2025
The Bottom Line U.S. equity markets are following their traditional seasonal pattern in a U.S. Post-Presidential Election year: a strong move in April/mid-May followed by a brief corrective phase until the beginning of July.
May 23, 2025 | Media Dismisses South Africa’s White Farmer Genocide
President Donald Trump shocked the world once again by presenting South Africa’s president with evidence of the long-denied white farmer genocide. During his first term, Trump first alerted the world to the situation in South Africa, but was largely ignored. The South African government called his claims “misinformation,” yet the government has been considering a […]
May 23, 2025 | Canadian Residential Real Estate Slump Deepens
House prices in the Greater Toronto Area (GTA) have been falling since 2022, and it is estimated that houses have lost more than 20 percent of their value compared to three years ago. Will the housing slump deepen? Vertias Research recently published charts that show the shaky status of residential real estate markets in Canada […]
May 23, 2025 | Vacation Plans Shrink with Consumer Confidence
According to the University of Michigan’s preliminary May survey, the U.S. Consumer Sentiment Index fell to 50.8, down from 52.2 in April. This marked the second-lowest reading in the survey’s nearly 75-year history, surpassed only by June 2022. The decline is attributed to heightened concerns over inflation and the economic impact of President Trump’s trade policies. Notably, 75% […]
May 23, 2025 | Is it Time for Trump to Back Off on Tariffs?
Bond markets causing unease.
May 23, 2025 | Is Global Warming Just Another Establishment Scam?
“Global warming” has been a thing ever since “global cooling” went out of style in the 1980s. But two recent developments make it worth a closer look. Most other Establishment narratives, from vaccines to Ukraine to Biden’s health to Trump/Russia collusion, have failed catastrophically over the past decade. Some very dangerous-sounding geo-engineering schemes are being […]
May 22, 2025 | Yes, You Can Lose Money in Real Estate
In the ‘easy-money’ ultra-low rate era, there was a lot of demand from secondary property owners for recreation or renting to others. Most were over the age of 50. An increasing number will look to sell to lower overhead/upkeep and free up cash flow in retirement. The good news is that this will continue to […]
May 22, 2025 | BYD Outpaces Tesla in Europe for the First Time
China’s BYD beat out Tesla for the first time this April to become the top EV vehicle brand sold in Europe. BYD only outpaced Tesla by 100 vehicles, but the 7,231 cars that made their way to Europe show that tariffs are not deterring European consumer demand. Sales for BYD’s battery-powered vehicles soared 170% […]
May 22, 2025 | Wall Street Could Continue Sell Off
Bitcoin
May 22, 2025 | Inflation and the Lies Realtors Have to Tell
Collapse Life just posted an article on house hunting that anyone who’s in that market will relate to. Basically, this is what inflation does to our idea of an acceptable home — and to our understanding of basic terms like “luxury,” “cozy,” and “affordable.” The end of truth comes with luxury vinyl plank flooring What real […]