May 31, 2025 | Art of the Collapse, June 2025

Looks like we’ve finally found some political common ground: No Tax On Tips Passes Senate Unanimously After Clarification That Bribes Can Count As Tips (Babylon Bee) – In a rare display of full bipartisan support, President Donald Trump’s “No Tax On Tips” bill passed through the Senate unanimously after legislators received clarification that bribes can […]

May 31, 2025 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Oil, USD, Canadian Dollar, Uranium.  Special Offer! 50% Off New Annual Subscriptions! Offer Ends June 15.
• Martin Armstrong:  (14:30) Alberta Separation, USA Break up.

May 31, 2025 | Tech Talk for May 31st 2025

The Bottom Line Technical momentum by broadly based U.S. equity indices weakened last week below high levels reached on or near May 16th: S&P 500 at 5,968.61, Dow Jones Industrial Average at 42,892.04, NASDAQ Composite Index at 19,389.39 and Russell 2000 ETF at 210.13. Major U.S. equity indices have entered into a brief period of […]

May 30, 2025 | Trump and Musk are Headed for a Breakup

Elon Musk’s attempt to achieve clout in politics has backfired spectacularly. He has damaged Tesla’s brand with his venture into President Trump’s orbit of confidants. Musk’s version of cost-cutting, called DOGE, is now considered by many to be a failure and is no longer seen as an asset for the Republican Party and President Trump. […]

May 30, 2025 | War & Migration = Disease ALWAYS!

COMMENT: Hi Marty: Long time no see, hope you’re doing well.  I’m forwarding a short article to you.  The one virologist who’s been right about Covid from the get go is Geert Vanden Bossche.  He was world renowned until he went against the narrative.  For over a year he’s been predicting a highly lethal Covid variant […]

May 30, 2025 | DOGE Disappoints

As I feared, DOGE has drastically undershot its targeted spending cuts. It’s hard to reduce overhead without the political will to reduce corporate subsidies and reform entitlement programs in a meaningful way. At the same time, the masses want tax cuts. The math is not mathing. Elon Musk is done with the Department of Government […]

May 30, 2025 | Trump Tariffs Blamed for US Plant Closures

What is the world’s most hated currency?  Special Offer! 50% Off New Annual Subscriptions! Offer Ends June 15.

May 29, 2025 | Deteriorating Outlook Upping The Heat on Paused Bank of Canada

Today, we received further confirmation of Canada’s deteriorating labour market, with March payrolls falling 54,100 to a 10-month low, and a negatively revised 40,200 fewer jobs in February (Stats Can survey of employers, payrolls, and hours). Canada’s largest lender, Royal Bank, also disappointed with an earnings miss after setting aside $1.42 billion for loan losses […]

May 29, 2025 | Gold and Silver Now Legal Tender in Florida

Happening now: @GovRonDeSantis is in Apopka to sign HB 999 which “sets in motion #Florida’s full recognition of gold and silver as legal tender, giving Floridians the freedom to use precious metals for everyday transactions alongside traditional currency.”https://t.co/fRkQpDJE7D pic.twitter.com/dOMajgwAsj — Justin Schecker (@justin_schecker) May 27, 2025 Florida Governor Ron DeSantis has declared gold and silver […]

May 29, 2025 | Bitcoin Still Has Room to Grow

Tariff battles will continue for quite some time

May 29, 2025 | Stock Markets Have Likely Topped

Court rulings about US tariffs “just noise”

May 29, 2025 | Muted Market Response Following US Tariff Ruling

Are depressed oil stocks a good buying opportunity?

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 | 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 […]