August 31, 2025 | A Holiday Note

I am on holiday for a short while, far from Florida’s disabling seasonal heat and enjoying what so far has been the coolest, foggiest summer anyone who lives in San Francisco can remember. This is a busman’s holiday, since I am updating the actionable ‘touts’ on this page 24/7 and have been fully engaged in […]

August 31, 2025 | UK Civil War: Wow, That Escalated Quickly

A few months ago, King’s College professor David Betz caused a stir by predicting that mass immigration would lead to civil war in the UK. Since then, things have been accelerating: A court allowed the UK government to house effectively unlimited numbers of migrants in hotels, despite growing unrest in affected communities. A government study of “migrant rape gangs” concluded that they […]

August 31, 2025 | The Cycle of War & Revolution

QUESTION #1: Hi Martin, Since the international war array started picking up in 2022 but peaks in 2026 with a panic cycle, do we in fact expect a serious deflagration potentially nuclear but very short lived and closing by 2027 since it’s the peak? Would that mean a very swift demise of European stupid leaders […]

August 30, 2025 | Trading Desk Notes for August 30, 2025

The times they are a-changin’ August feels like the lull before the storm that strikes once we get past Labour Day. The meandering price action and low volatility we’ve seen may be replaced by strong directional moves and increased volatility. September is historically the worst month of the year for the stock market. The leading American […]

August 30, 2025 | The Majority Must be Wrong

QUESTION: I asked GOK who thinks the stock market will crash. It gave a list of people all expecting a crash. It also noted that Buffet was bearish and J.P. Morgan was calling for a 20% drop. The reasons were “High valuations, particularly in tech and AI, are compared to historical bubbles (e.g., dot-com, railroads). Recession […]

August 30, 2025 | This Week in Money

• Ross Clark: Stock Markets, Silver, Gold, Oil, USD.
• Josef Schachter: (10:12) Energy Sector, China, Tariffs, OPEC, World Economic Forum, Electric Vehicles.
• Ted Dixon: (1:10:42) Canada’s Advantage in Minerals and Energy, Copper, Tariffs, Insiders.

August 30, 2025 | Tech Talk for Saturday August 29th 2025

The Bottom Line U.S. equity indices have a history of moving lower in September, particularly during post Presidential Election years. What about this year? With major U.S. equity indices currently at all-time highs and reaching intermediate and long term overbought levels, chances of at least a shallow correction this September are higher than average. Impact […]

August 29, 2025 | NVIDIA is Mining The AI Gold Rush

The AI boom can be summed up in one ticker: NVIDIA (NVDA), now the world’s most valuable company at $4.3 trillion; commanding a record 8% of the S&P 500. This week NVDA reported stellar results: $47B in quarterly revenue, with $41B from data centers. Most of that came from just three hyperscalers — Google, Amazon, […]

August 29, 2025 | Security Guarantees for Ukraine – EU Prepares to Enter War

  Peace talks are a moot point between Russia and Ukraine. Security guarantees for Ukraine have been at the forefront of Ukraine’s discussions but they are actually a premise to determine how other nations will officially enter the war. Italian Prime Minister Giorgia Meloni proposed an ambitious security guarantee that would require allies to decide […]

August 29, 2025 | The Power Of AI

What History Tells Us about Declining Interest Rates

August 28, 2025 | A Tale of Two Bay Area Condo Investors

  In 2003, two young men graduated from Cal Berkeley in Oakland, California. They were much alike – both were above average students  – and as young college graduates are – they were filled with ambition and dreams for the future. As it turned out, both men happened to purchase the same condominium unit (#504) […]

August 28, 2025 | Government and Central Bank Housing ‘Help’ Has Made a Mess

I have said for some time that the housing bubble and now bust is the dominant economic challenge at hand, with broader financial impacts than trade tariffs. Industry participants are starting to agree. Toronto-area new home sales marked the worst July on record, “eclipsing” the 1990s housing downturn, according to a report yesterday from the […]

August 28, 2025 | WTI Remains Below US$64/b With A Tug Of War Over Possible Secondary Sanctions On Russia Or Sanctions Removal. Trump Using The Stick Or The Carrot

WTI Crude oil prices are steady at US$63.66/b (low today US$62.95/b) compared to US$62.83/b last week at this time. President Trump’s two week window for Russia to agree to peace talks with Ukraine (trilateral talks with the US as mediator) are gyrating energy prices. If Trump uses the stick as many US Senators want, then […]

August 28, 2025 | 25 Nations Suspend Postal Service to the US

Twenty-five nations have declared a temporary suspension on all postal shipments to the United States amid tariff uncertainty. As of August 29, 2025, the United Stated will remove the de minimis exemption from law that allowed goods under $800 to enter tax-free. Tariffs range between 10% to 50% on the declared value, or $80 to […]

August 28, 2025 | Cannabis Stocks Get High(er)

Uranium shares still glowing

August 27, 2025 | Art of the Collapse, September 2025

The Russia/Ukraine peace talks seem to be going pretty well… Meanwhile, the US took a $10 billion stake in a major chipmaker. And that’s apparently just the beginning:   Trump Vows To Nationalize As Many Private Companies As It Takes To Defeat Socialism (Babylon Bee) – President Donald Trump announced this week his administration plans […]

August 27, 2025 | TM: The Fed Now Fears Recession

Worthwhile overview in this discussion. Suddenly, the Federal Reserve is filled with more drama and curveballs than a World Series tiebreaker. The betting markets are abuzz debating who President Trump will replace current Chair Jerome Powell with. A surprise resignation from Fed governor and FOMC voting member Adriana Kugler has added Trump loyalist Stephen Mirran […]

August 27, 2025 | The Insurrection Act – Can the POTUS Deploy the National Guard to America’s Cities?

  The National Guard’s deployment to Washington, D.C., was a successful endeavor. For the first time, the city went twelve days without a homicide. Carjacking decreased by 83%, robberies fell 46%, and overall violent crime fell 22%. The same program may be implemented in Chicago, Baltimore, Los Angeles, and New York, but Democratic leaders insist […]

August 26, 2025 | Big News For Silver: It’s Now A “Critical Mineral” Let the stockpiling begin

The US just included silver on a list of things that the economy can’t do without. Which means whoever doesn’t already own the metal will have to start stockpiling it. GoldCore TV has just posted a video explaining how dramatic a change this might be. Here it is, followed by a partial transcript: Partial transcript: Silver has […]

August 26, 2025 | Weak Job Market Warning

It now takes the average US worker 24 weeks to find a job after losing one, nearly a month longer than a year ago, according to federal data. The hire rate—the number of hires as a share of overall U.S. employment—was just 3.3% in June, according to the Labour Department; below the 3.9% level in […]

August 26, 2025 | Polish President Vetoes Extended Ukrainian Refugee Aid Package

  Poland’s president has vetoed a bill that would extend aid to Ukrainian refugees. Karol Nawrocki, a nationalist conservative, commented that Ukrainians “make the effort to work in Poland” and pay taxes in the country in order to be eligible for support. Nawrocki, whose own party approved of the initial aid to Ukrainians, stated that […]

August 26, 2025 | Unaudited Power: The Military Budget Nobody Controls

From Scheerpost The U.S. federal debt has now passed $37 trillion and is growing at the rate of $1 trillion every five months. Interest on the debt exceeds $1 trillion annually, second only to Social Security in the federal budget. The military outlay is also close to $1 trillion, consuming nearly half of the discretionary […]

August 25, 2025 | The Renewal Wall is Here

Happy Monday Morning! The housing market might be struggling but lenders are keeping busy. Data from the Bank of Canada shows uninsured mortgage originations surged in June, rising 27.5% year-over-year, the second busiest June on record. The only busier June for mortgage originations was back in 2021 when mortgage rates were hovering near 1.5%. Source: […]

August 25, 2025 | 1 Million Migrants Flooded Swing States Ahead of US Election

  The motives behind the open border policy are numerous, but one undeniable motive was encouraging an influx of potential voters who would vote for the party subsidizing their lives. Pew Research recently conducted a poll and looked at the illegal alien population between 2021 and 2023. Not so coincidentally, the Biden Administration resettled over […]