June 9, 2025 | We Got No Jobs

Happy Monday Morning! It was a tough week for mortgage shoppers in Canada. The Bank of Canada held rates for the second consecutive meeting. BoC’s Macklem emphasized a wait and see approach, noting, “The Bank’s preferred measures of core inflation as well as other measures of underlying inflation moved up in April. We will be […]

June 9, 2025 | The Housing Bust Is Here: Sellers Outnumber Buyers by 500,000

Here, in very short form, is how housing busts normally happen: A “seller’s market” evolves, where buyers have to pay up to get their first choice. Prices rise gradually, and then quickly, as buyers start to panic and sellers are emboldened to hold out for more. This boom continues until the average buyer can’t afford […]

June 9, 2025 | Bank of Canada Holds While The Economy Devolves

Canada’s unemployment rate has climbed to 7% from 6.2% a year ago, and up 210 basis points from 4.9% in June 2022 (chart below via The DailyShot). Excluding the pandemic, this is the highest unemployment rate since 2016 (Statscan report here). A 180-basis-point increase in the jobless rate over two years has historically been a […]

June 9, 2025 | We Are Being Amused And Abused To Death

“But we had forgotten that alongside Orwell’s dark vision, there was another—slightly older, slightly less well known, equally chilling: Aldous Huxley’s Brave New World. Contrary to common belief even among the educated, Huxley and Orwell did not prophesy the same thing. Orwell warns that we will be overcome by an externally imposed oppression. But in […]

June 8, 2025 | Ukraine on Fire – The Flatlining of a Country

    QUESTION: Marty, with so many markets all showing sharp rises in volatility of panic cycles in 2026, ahead of what appears to be a significant turn in 2027, the rumor is that your computer will be correct. According to my military sources, Ukraine is expected to fall by August or by 2026. They […]

June 8, 2025 | Summer Topping Process Could Get Messy

The stock market is in a topping process, brazenly manipulated by white-collar carnies who cut their teeth at Sloan, Wharton and Stanford. These newly trained ass-bandits have been working Microsoft shares to hold the broad averages aloft while they offload inventory to widows, pensioners and assorted other bag holders. I described in detail how this […]

June 8, 2025 | Good News and Creative Destruction

“We desperately as a country want to destroy more jobs. That is the only good outcome in the next 10 years…” Joe Lonsdale, Venture Capitalist and SIC speaker (Joe is right, but it is critical you understand why he is right if you want to understand the future. -JM) “The answer to the question “Where […]

June 7, 2025 | Trading Desk Notes for June 7, 2025

Silver surges to a 13-year high Comex July silver futures reached a 13-year high of ~$36.50 this week, up ~10% for the week and ~30% from the April 7 lows. Some analysts suggested that Chinese speculative buying of silver (now that gold is “too expensive”) fuelled the rally. Silver rallied to ~$50 in 2011, at the […]

June 7, 2025 | Musk vs Trump (2)

QUESTION: Have you lost respect for Musk? DD ANSWER: Unfortunately, yes. Look, both Trump and Musk act on instinct, you might say, but Musk lacks the experience. Trump is a negotiator, and he goes with the flow. He does not see any catastrophic shame in changing his mind quickly. Musk, on the other hand, is […]

June 7, 2025 | This Week in Money

• Ross Clark:  Stock Markets, White Metals, Gold, Oil, USD, Canadian Dollar. Special Offer! 50% Off New Annual Subscriptions! Offer Ends June 15.
• Eric Hadik: (13:56) Market Cycles, War, Dow, Gold, Currencies, Bitcoin. 17 Year Cycle and Silver.
• Martin Straith: (45:21) Trump vs Elon, US Economic Outlook, Japanese Bonds, White Metal Prices. Special Offer!
• Hilliard MacBeth: (1:28:10) Canadian Real Estate, Alberta Separation.

June 7, 2025 | Tech Talk for Saturday June 7th 2025

The Bottom Line Nice technical breakout on Friday by the Dow Jones Industrial Average and its related ETF: DIA! Measured by percent of S&P 500 stock trading above their 20, 50 and 200 day moving averages, U.S. equity prices are Overbought and peaked in mid-May. Strength in a small number of big cap U.S. stocks […]

June 6, 2025 | The TACO Trade Has Its Moment

Financial markets love an acronym and TACO or Trump Always Chickens Out, is the latest.   Source: AI generated image – REDDIT It was coined by Rob Armstrong of the Financial Times on May 2 and last week gained traction among commentators to explain the recent rally in U.S. stocks. Will the TACO trade continue […]

June 6, 2025 | Gold’s Breakout Isn’t Just Technical—It’s a Global Stress Barometer

Gold has just made an important move by breaking out of a chart pattern that usually signals higher prices ahead. Several big reasons are behind this jump: Central banks are buying gold heavily to protect against currency drops and global uncertainty. Governments are spending way more than they earn, piling up debt—this makes gold more appealing […]

June 6, 2025 | Debt-Stressed Consumers Retrenching

Since June 2024, interest rates have trended down from a two-decade high, yet remain above the historically low levels seen during the pandemic. Approximately 1.2 million Canadian mortgages will renew in 2025, a vast majority (85%) of which were secured when the Bank of Canada’s key lending rate was at or below 1% compared with […]

June 6, 2025 | How Putin Can Win

  The Daily Beast, another LEFT-WING propaganda outlet, pretends that this strike means Ukraine is winning. I think every one of these journalists should be drafted, handed a gun, and sent to Ukraine to defend what they boast about. Sorry, Putin is the smartest leader in the room. He has drawn so many red lines, […]

June 6, 2025 | US Dollar to Remain “Chronically” Firm

Will we see a major market correction this fall?   Special Offer! 50% Off New Annual Subscriptions! Offer Ends June 15.

June 5, 2025 | Incoming US Centralized Federal Government Database — When Data Becomes Power

If you were unfamiliar with the American analytics company Palanatir Technologies, prepare to hear about it on every news channel in the coming months. Donald Trump secured the presidency twice because he was the anti-establishment candidate. The White House has tasked Planatir with developing an extensive centralized federal database to house the personal data of […]

June 5, 2025 | Gold Is Outperforming Stocks and Bonds – and Silver is Outperforming Gold

Congratulations, gold bugs, your long, painful wait is ending. The following chart shows the three-year rolling average annualized returns for stocks, bonds, and gold, with the latter now winning. Gold is holding its gains even as it moves into its seasonally weakest stretch. No “sell and May and go away” so far. This is great […]

June 5, 2025 | Job Losses Leaping

Slowly, then all at once…job losses ‘unexpectedly’ leaping across many sectors. Andy Challenger, Senior Vice President, Challenger, Gray & Christmas, shares his insights on the latest Challenger layoff report in the U.S. and what sectors were most impacted.  Here is a direct video link. 

June 5, 2025 | Trump Did Call Putin

  COMMENT: Marty, you are always way ahead of everyone else. You told Greg Hunter that Trump called Putin. Why anyone listens to any commentator when they are not the ones with real contacts is beyond me. Thank you so much for everything you do. They handed Obama the Nobel Peace Prize when he was […]

June 5, 2025 | Russia/Ukraine, Biden Show, AI Threat

White Alliance, United States of North America

June 5, 2025 | Is the Dow Rally the Real Deal?

Will Gold and Silver set new highs?

June 5, 2025 | Markets React to Trump vs Musk Feud

Big push for Silver, Platinum, Palladium

June 4, 2025 | Trump Blames Fed for Weak Payrolls – Media Blames Trump Tariffs

May’s private payrolls based on ADP estimates are the lowest since March 2023. Private payrolls rose only 37,000 last month, far beneath April’s addition of 60,000 and a far cry from the Dow Jones forecast of 110,000. The financial sector rose by 20,000, leisure and hospitality saw an increase of 38,000, and construction added 6,000. […]