ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
May 20, 2025 | Recession Watch: Unsustainable Interest Rates And falling Credit Scores
This week, Moody’s, the last bond rating agency that still gave the US a perfect score, joined its peers by cutting Treasury bonds from Aaa to Aa1. To which you might respond, “Duh. How can a country with a debt-to-GDP of 124% be an investment-grade credit at all, let alone AAA? You’d be right, of course. […]
May 20, 2025 | Summer of Discontent
In April, Canada’s unemployment rate rose to 6.9%, the highest since September 2021 and 210 basis points above the July 2022 cycle low of 4.8% (shown below since 1950). Beata Caranci, chief economist at TD Bank, expects a recession in the coming quarters and another 100,000 job losses by the fall. See, Canada’s economy […]
May 20, 2025 | Nordic Countries Lead Cashless Revolution
Nordic nations have been leading the cashless society revolution. Masked as a manner of efficiency, digital transactions are not demanded by governments globally as they seek to rake in all money off the grid for taxation purposes. Sweden is nearly a cashless society, with less than 2% of transactions occurring in physical currency as […]
May 19, 2025 | Saving Housing
Happy Monday Morning! Canada has a new housing minister. Gregor Robertson, former mayor of Vancouver, has been anointed by Prime Minister Carney with the hopeless task of fixing Canada’s housing crisis. It’s already off to a rough start. When asked by a reporter if home prices need to go down, he had a freudian slip. […]
May 19, 2025 | Creeping Fascism: Global Healthcare Takeover
After the mess the public health establishment made of the COVID-19 outbreak, it seems like the last thing anyone should want is to grant those idiots more power for the next pandemic. But that’s what the “supranational” health organizations are trying for. Here’s an excerpt from an article by health analyst Meryl Nass on the shocking deals now being pursued out […]
May 19, 2025 | Moody’s US Downgrade AAA to AA1
Moody’s Investor Service downgraded the United States’ credit rating from a top-tier rating of AAA to AA1 due to rising government debt. Fitch Ratings lowered the US debt in August 2023 for the same reason in August 2023, and while Moody’s did not officially act at the time the agency warned that the US […]
May 18, 2025 | How We Got Here
We are in the middle of the Strategic Investment Conference, a fabulous gathering of some of the best economic, political, and geopolitical minds anywhere. I’m really proud of what we’re doing. And at the last minute, we’ve added Dr. Mehmet Oz, nationally regarded cardiovascular surgeon, author of numerous best-selling books with my friend Dr. Mike […]
May 18, 2025 | Time for a Little Skepticism
I’ve supported Trump since his first term, but my hopes for his success peaked a month ago when a panic-induced plunge in the S&P 500 reversed almost precisely from a 4820 target I’d sent out to subscribers. I saw this as the surprisingly quick end to a bear market that had only just begun in […]
May 18, 2025 | Why the Canadian Govt and Big Pharma are Waging War on an Ostridge Farm
🚨🔊LISTEN TO THIS CLIP AND TELL ME THE ATTEPTED OSTRICH CULLING ISN’T THE VACCINE INDUSTRY TRYING TO WIPE OUT COMPETITION🚨🔊 pic.twitter.com/GYODt61mnO — Kyle Kemper 💫 (@kylekemper) May 16, 2025 Post by AgentGuru on X: Canada’s Ostrich Cull Scandal: Are Big Pharma and Globalist Interests Pulling the Strings? When I first heard about the ostrich farm […]
May 17, 2025 | Trading Desk Notes for May 17, 2025
Global stock markets continue to bounce back from their April lows Given that the April 7 lows were created by extraordinary tit-for-tat tariff increases between the USA and China, the “much better than expected” meeting between the two countries last weekend inspired a gap-higher opening this week, especially in tech issues. The S&P closed this […]
May 17, 2025 | Tech Talk for Saturday May 17th 2025
The Bottom Line All-time highs by the TSX Composite Index and S&P/TSE 60 Index! The later Index moved above 1,561.25 on Friday.
May 16, 2025 | One in Four Americans Financially Illiterate
Financial literacy is steadily declining in America. The percentage of US adults demonstrating a very low level of financial literacy increased from 20% in 2017 to 25% in 2023. Around 58% of Americans know about debt and borrowing. Over half (55%) understand saving, and 50% understand consumption. About 42% understand insurance, 44% know about investing, and […]
May 16, 2025 | The U.S. Stock Market Needs Magnificent Seven Leadership
A group of seven leading companies — the Magnificent Seven known as Mag 7 — which has led the U.S. stock market for several years was lagging the market by a large margin in 2025, until the recently announced 90-day partial reprieve on tariffs on Chinese imports. Making up one-third of the value of the […]
May 16, 2025 | Food and Energy Innovation are Here to Help
We recently completed rooftop solar, which allows us to run operations and vehicles on sunshine. Technology is here to improve efficiency and lower waste for all sectors of the economy—a much-needed bright spot ☀️. Smart food production powered by renewable energy is what productivity enhancement looks like. For the first time, a King City, Ont, greenhouse […]
May 16, 2025 | How Would a New Gold Standard Work? Very well…
A return to some version of a gold standard has morphed from “gold bug fever dream” to “conceivable” in the past few years. Here’s why: Since the 1990s, when Fed chair Alan Greenspan became a global celebrity nicknamed “the Maestro” by a credulous press … … governments have borrowed ever-greater sums, forcing central banks to […]
May 15, 2025 | France Proposes 500% Tariff on Russian Oil
The European Union recently implemented its 17th round of sanctions against Russia, in case the first 16 were insufficient. Jean-Noël Barrot, France’s Minister for Europe and Foreign Affairs, would like to take a harsher approach by placing a 500% tariff on anyone purchasing Russian oil. “We must move forward because the current sanctions have not convinced Vladimir […]
May 15, 2025 | Housing Bust and Tariffs Hitting Highly Leveraged Economy
The spreading downturn in real estate is the typical and foreseeable mean reversion of the speculative mania that prevailed through the years of near-zero interest rates. The condo market in two of Canada’s big cities has taken a major downturn. CBC’s Nisha Patel breaks down three reasons why condos aren’t selling in the middle of […]
May 14, 2025 | The Art of Regime Change – Syria, Saudi Arabia, and Russia
Trade is a unifying agent that causes countries to put their differences aside. Donald Trump has been warmly welcomed by Saudi Arabia, Qatar, the United Arab Emirates, and even a leader from Syria. The United States announced it would lift sanctions on Syria after Trump’s historic meeting with Syrian President Ahmed al-Sharaa, a former Sunni […]
May 14, 2025 | Mayhem continues
A 90-day pause on embargo-style US-China trade tariffs has revived bullish spirits. The large-cap S&P 500 (black below), with its one-third weight in tech companies (“Magnificent Seven” companies in orange), has rebounded 18% since April 8—now flat year to date and -3.8% below the February high. The retail crowd is back at it, bidding the […]
May 14, 2025 | President Trump’s 90-Day Reprieve On Punitive Tariffs Bounces Stocks & Crude Prices … Temporarily
Summary: US stocks and crude oil prices have lifted on the pause in the tariff war with the US and China lowering tariffs against each other to reasonable levels and starting negotiations for long term fixes. WTI has lifted from US$56/b to US$64/b as fear of global recession seceded. Tariffs have been lowered to 30% […]
May 13, 2025 | Spain Limits Cash Withdrawals
Withdrawing large sums in cash is no longer possible in Spain without the government’s approval. Those withdrawing €3,000 or more must notify Spain’s tax agency, Agencia Tributaria, in advance. Withdrawals at or exceeding €100,000 require a 72-hour approval process, and the tax agency is requesting a 24-hour mandatory notification for any amount over […]
May 13, 2025 | Alberta to Separate from Canada?
I am back from my trip to Alberta, Canada. They will separate, and currently the polls show 40% want to leave. I also stopped by to visit the facility of SilverGoldBull operation in Calgary. This is me holding a 400-ounce bar of gold – central bank standard. I was very impressed with their operation. I was given […]
May 13, 2025 | Canadian Unemployment Looking Even More Recessionary
The Canadian unemployment rate rose to 6.9% in April (from 6.7% in March). Outside of the 2020 COVID shutdown, this was the highest level since January 2017 and up 210 basis points from the July 2022 cycle low of 4.8%. This is a warning sign: in past cycles since 1953, we have been six months […]
May 12, 2025 | US Supply Chain Issues on the Horizon
Businesses cannot properly determine how much or when to buy due to ever-changing tariffs. Tariffs will certainly not halt trade, but they have caused a kink in the supply chain. The Port of Seattle reported a temporarily lack of any container ships last week. “I can see it right over my shoulder here, I’m looking […]
May 12, 2025 | Housing Downturn Accelerates in April
TRREB is Canada’s biggest real estate board, covering the Greater Toronto Area (area codes 416 and 905, as shown below), which has the largest population concentration in Canada. TRREB just posted April numbers (here); year over year, single-family home sales were down 22%, and condo sales were down 30%. An hour or so in each […]