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January 16, 2021 | Illusion of Freedom

“The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the […]

January 16, 2021 | Trading Desk Notes For January 16, 2021

The pro-risk trade is very extended / at risk of a correction My core trading idea for the past month or so has been that the pro-risk trade (long stocks, long commodities, short US Dollar) is very extended and is at risk of a correction. I have been watching for opportunities to fade pro-risk market […]

January 15, 2021 | Entire Dutch Government Resigns Because of Corruption

The Entire Dutch Government resigned today showing that career politicians are just corrupt and this is what we will see as revolutions start to unfold. The resignations came after a scandal involving the mismanagement of childcare funds where the politicians demanded thousands of families into financial hardship had to repay the money they were given. An investigation revealed […]

January 15, 2021 | “Seasonal Adjustments” of Retail Sales Gone Awry in Weirdest Economy Ever? Americans Cut Back

Retail sales in December fell for the third month in a row, on a “seasonally adjusted” basis, down 0.7% from November, to $541 billion, and down 2.1% from the peak in September, according to the Census Bureau this morning. And even without restaurants and bars – many of which were shut down in December – […]

January 15, 2021 | Speculative Blank Check Companies Create Billions of Paper Profits

A $12.5 million investment in clean energy earned an “accidental” profit of $200 million from a blank-check company. Here is how that works. Blank-check companies — SPACs or Special Purpose Acquisition Companies — are proliferating, a strong signal that this market has gone wild. Blank-check vehicles are shell companies used to take a private company […]

January 15, 2021 | Pay Up

Insane. It’s the word du jour. This aptly describes real estate in cities like Toronto, Vancouver, Victoria and all of the bubbly burbs and hot hick towns in their watersheds. Prices are insane. Buyers are insane. Bidding wars insane. And, of course, mortgage rates are pure insanity. As central banks have moved to save us […]

January 15, 2021 | The Queasy Air of Financial Mania

Daily walks are a highlight in the COVID lockdown and, like many, I’ve been taking the opportunity to step offline and out for some air. Yesterday, two different neighbours at different points stopped to ask me about the stock market from the other side of the street.  One walking her dog yelled,  “Are you buying Air […]

January 14, 2021 | 3 Important Charts for Gold Investors

Today, we’re going to talk about why gold is down and why it’s likely going much higher. I’ll also show you some charts that will help guide you along the way. First, let’s talk about gold’s pullback. Gold tumbled last Friday and has been in a downtrend since. This broke an uptrend that I thought […]

January 14, 2021 | Now its Capital’s Turn to Vote

Many people have written in asking what is the future of the markets. While in any election, it is presumed that the right to vote belongs only to the citizens who are alive, there has always been a second vote. That second vote is carried out by international capital. As I have explained many times, […]

January 14, 2021 | Pacheedaht First Nation: An Example of Reconciliation and Development

This Vancouver Island First Nation’s success story shows how reconciliation and development go hand-in-hand Not long ago, two-thirds of Pacheedaht First Nation band members lived outside their ancestral land. Work was hard to find, and of its 163,000 hectares of land, all the Pacheedaht’s forested area was allocated to outside forestry operations through forest tenures […]

January 14, 2021 | DiMartino Booth on Fed Policies and The Future

Worthwhile discussion on the fantasy of central bank powers and the destructive behaviours they have inspired. In this interview, Danielle discusses the evolution of the Fed through that period and how the policies developed and implemented then have played a role in everything from inequality and social unrest to asset bubbles and inflation. She also […]

January 14, 2021 | Social Media Purge 2021: Here Come The Unintended Consequences

As corporate social media platforms try to sterilize the global conversation, some funny-if-they-weren’t-so-scary statistics are emerging. Here, for instance, is a recent screenshot of conservative pundit Ann Coulter’s Twitter account. Note that her activity and notoriety are soaring (which you’d expect during a presidential election), while her followers diminish by 81,000. Does this make sense? […]

January 14, 2021 | Oh Boy

Deep in the concrete wilds of north-central Mississauga, on a street with towering 8-foot-high trees, driveways teeming with minivans and endless vistas of same-brick mass-built houses, she sits. This attached rowhouse (20 feet wide) was listed recently for $785,000 – slightly under market (the previous high on the street being a few weeks ago – […]

January 13, 2021 | Retribution & Hatred

While the House impeached Trump for the 2nd time, this actually introduces a serious constitutional question. Most members cast their votes by proxy, under special coronavirus rules allowing them to offer their input through the use of a designated voter. That means the vote may even be illegal. This desperate attempt to impeach Trump just […]

January 13, 2021 | Tough Love

Ontario’s conflicted premier locked down the province this week. Well, sort of. Public health skeptics say little has been done to change people’s behaviours and, after all, Costco and Wal-Mart are still open. The subway’s still running. Maskless families are still jamming up the parks. And, yup, the infections are still rising, in the LTC […]

January 13, 2021 | Crypto-Mainia: Sign of Beserk Times

Exemplifying illiquidity:  of the existing 18.5 million Bitcoin in existence, around 20 percent–currently priced at about $140 billion–are reportedly lost or otherwise stranded in wallets that the owners cannot open.  After 10 guesses at forgotten passwords, credits typically become permanently encrypted and forfeited. Wallet Recovery Services, a business that tries to help owners find lost […]

January 12, 2021 | Uprising Against BigTech?

Many are calling it the time to revolt against BigTech. Instead of using Google for searching, which is tracking everything you do, perhaps switch to DuckDuckGo. I would NOT post any personal information on Facebook. Just look at the agenda of the IMF — they will look at everything in the future which is why […]

January 11, 2021 | Pelosi in State of Panic

Pelosi is in a state of Panic trying to Impeach Trump and demanding Pence invoke the 25th Amendment to remove Trump. The Senate does not return until the 19th so there is no time for a trial but her charge is absolutely absurd, to begin with. What seems to be the talk running around is that there […]

January 11, 2021 | Money Flowing into Green Energy

Some trends are going in the right direction for a more efficient future. Investors have been pouring more money than ever into renewable energies such as solar and wind. WSJ looks at how the pandemic, lower energy costs and global politics have driven the rally–and whether it can last. Here is a direct video link.

January 11, 2021 | Radical Left: Tragically Still Winning

Until Wednesday, Trump’s convivial rallies have been historically big and convivial. Enjoyed by happy patriots who knew they were winning. An orderly way to restore accountable and limited government.  In openly criticizing unrelenting intrusion by authoritarians this has been a refreshing attempt to bring much needed reform. Following up the stellar election in 2016, the […]

January 11, 2021 | Revisiting Our October 23 Four Stocks To Own Article – Part I

Just before the US Elections, we authored an article related to four stocks/sectors that we thought would do well immediately after the November 2, 2020 elections.  The article highlighted how sector rotation in almost any market trend can assist traders in finding solid trading triggers.  We picked four stocks from various sectors for this example: […]

January 10, 2021 | Model Predicts Things Humanly Impossible

QUESTION: OK. I have followed you and Socrates for a long time now. How could it see that the 8th was going to be more important than the 6th and that the vote was going to be postponed? I am blown away. SH ANSWER: I am here only to try to interpret its output without […]

January 10, 2021 | This Is No Time to Give Up on Gold

  With gold’s gratuitous, 4% plunge on Friday, bullion has once again affirmed its reputation as one of the nastiest, most frustrating assets an investor can own. Its chief enemy is a global network of shamans, thimble-riggers and feather merchants who make their living borrowing bullion from the central banks for practically nothing, then lending […]

January 10, 2021 | Ride the Cannabis-Fueled Profit Rocket

I know we’ve all about had enough of elections and politics. But this last election cycle saw a sea change that lights the fuse on a profit rocket — a cannabis-fueled profit rocket. During the months leading up to the election, Senate Minority Leader Chuck Schumer stated — more than once — that federal legalization […]

January 10, 2021 | The Year Ahead – Part 1: Currency

I don’t need to tell you that we are living through world-historical times right now. The frequency of world-changing events is accelerating even as the impact of these events on our day-to-day lives is increasing. As Lenin rightly observed: “There are decades where nothing happens; and there are weeks where decades happen.” Perhaps there are years […]

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