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January 18, 2018 | An “Extreme Warning” From Our Doom Index

BALTIMORE – When we left you yesterday, we were describing why the situation is getting dangerous for investors, and how the lessons learned over the last 30 years may backfire in the next crisis. “Dow over 26,000… bitcoin under $10,000,” reports this morning’s news… “but could crypto panic spill over into stocks?” Investors are accustomed to […]

January 18, 2018 | What it means

Only in Canada would a quarter-point rate increase grip the nation. It’s weird. The folks in Venezuela (inflation 2,350% this year) would laugh at us. Such first-world problems we have. However, there’s a good reason this week’s news matters. Consider those lines of credit secured by real estate that people have binged on. We owe […]

January 18, 2018 | Bitcoin is Non-Material (Spiritual)!

Today, I discussed the nature of Bitcoin with an economist friend at the clubhouse. He did not dispute my claim that Bitcoin and all the other Alt currencies are non-material and/or spiritual currencies. This unit (called Bitcoin) gets created via an algorithm and a mathematical code which derives from human consciousness.   All that derives from […]

January 18, 2018 | Big Selloff Is Surely Coming ‘Soon’

Stocks have been in an all-out sprint since the first trading day of the new year and are overdue for a correction. Whether frenzied buyers are ready to oblige, if only to preserve their health, should become clearer as the week draws to a close. They looked winded on Thursday but still managed to close […]

January 18, 2018 | Financial Criminals Continue to Profit from Fraud and Theft with No Jail Time

A lawsuit filed this week by The Fire and Police Pension Association of Colorado alleges that Canada’s six biggest banks and three foreign lenders conspired to manipulate a key Canadian benchmark rate, CDOR (Canadian Dealer Offered Rate), to extract “illegitimate profits” on derivatives trades for several years until 2014.  The alleged violations, including conspiracy under […]

January 18, 2018 | Cuomo Pledges to Defend New York Against Trump’s “Economic Missile”

To make up for a loss of future revenue attributed to Trump, N.Y. Gov. Andrew Cuomo proposes a cornucopia of new taxes. New York Governor Andrew Cuomo proposes a $168 billion spending plan to Defend New York Against Trump’s ‘Economic Missile’. Gov. Andrew M. Cuomo on Tuesday unveiled a $168 billion spending plan that he […]

January 17, 2018 | Stocks Could Fall 80% From Here

BALTIMORE – Like a “Closing Out Sale” that never seems to end, people are beginning to think that this “Stock Market Surge” may not be totally on the level. Unlike an honest bull market, it may never end…   —   Classic Top? But in many ways, it looks more and more like a classic […]

January 17, 2018 | The Scent of Dow 30,000

The bull market’s blowoff-like trajectory has steepened, if such a thing were imaginable, with Wednesday’s 322-point rally in the Dow. The blue chip average is ostensibly headed to the 27,251 target shown, and although this Hidden Pivot resistance is worth shorting, I wouldn’t recommend standing in the herd’s way if it is exceeded by more than 10-15 […]

January 17, 2018 | Silver Volume Extreme as in April 2013

During yesterday’s session silver moved back and forth in a volatile manner on volume that was the highest since April 2013. There were a few volume spikes in the meantime, but none as big as what we saw yesterday. The silver market is being very loud. But are you listening? It may be hard to […]

January 17, 2018 | C-Suite Pillage Continues as Pension Deficits Gap Wider Worldwide

The bankruptcy of Britian’s largest construction company this week shines more light on the plague of underfunding that has compromised pension promises worldwide. Even after the enormous central bank funded rebound in asset prices to record highs today, Carillion has a 587 million pound pension shortfall for its 20,000 employees.  FTSE 350 companies broadly have […]

January 17, 2018 | Mr. Obvious

The bank rate may have jumped just a little Wednesday but we passed a giant milestone. It says ‘5’. The five-year posted mortgage rate at all of the banks has now jumped the 5% mark. With this week’s CB pop the Bank of Canada’s benchmark mortgage rate will also pass the five level. Add the […]

January 17, 2018 | How to Trade Gold During Second Half of January

Metals are setting up for that “Rip Your Face Off Rally”.  The following charts for Gold and Silver show a very interesting setup that is unfolding as the US markets continue to strengthen – that being that the Metals are showing strength in price and we can only assume this is related to some level […]

January 17, 2018 | The Precision of Markets is Beyond Belief – But It is Why The Majority is Always Wrong

COMMENT: Marty; I really do not know how anyone cannot recognize what you have discovered. The euro began its breakout precisely on your target of the ECM on November 24 last year. You have proven beyond a doubt that there is a hidden order to everything if we care to just look. My hat is […]

January 17, 2018 | Today’s Crypto Lottery Winners: TeraCoin +579%, EMV 384%, Newbium 234%

The major cryptocurrencies were down earlier today but have since bounced. Like yesterday, there are some huge winners. Another Dead Cat Bounce? The cryptocurrency overall bloodbath reversed a bit today. Nineteen of the top twenty cryptocurrencies as compiled by Investing.Com were in the red as I started this post(shown below). In the time it took […]

January 17, 2018 | Asset Class of Vintage Cars Drops More than during 2008/2009

But this time, there’s no Financial Crisis, and no QE in sight. The asset class of beautiful machines is suffering. These assets range from a rare 1962 Ferrari 250 GTO Berlinetta, which sold for $38.1 million with impeccable timing in August 2014 before the peak, to American muscle cars that can be acquired for a […]

January 16, 2018 | MLK Day Forces Bulls to Cool Their Jets

It must have been frustrating for buyers to have to cool their jets for an extra 24 hours this weekend. The Martin Luther King Holiday denied them a full day’s opportunity to push the Dow higher by the usual 100 or more points. As a result, we could see see pent-up demand come charging back […]

January 16, 2018 | Some 7,000 Points UP for Dow since Trump Election!

  Our esteemed leader, the President of the USA, says that if Hillary would have won the election the Dow Index would have experienced a 50% drop (say to around 9,000 as of today). Today, however, the Dow Index rose to over 26,000 (a 40% increase since November 2016) and Mr. Trump now claims he is […]

January 16, 2018 | Crypto Silliness: Paragon up 800% Today Despite Massive Crypto-Carnage

The major cryptocurrencies took a huge hit today, but there were some spectacular success stories as well. Paragon it’s pretty clear from the symbol the crypto is related to marijuana in some fashion. Paragon is a rental company that claims to “Bring blockchain technology to the world of cannabis.” Our Paragon Spaces sit at the […]

January 16, 2018 | Design Your Investment Time Horizon

Situation: Many investors can’t wrap their mind around long investing time horizons. My View: A sensible time horizon is a must to accumulate and spend the nest egg. Solution: Learn to live with investment time horizons lasting 20 years, or more. “Pick battles big enough to matter, small enough to win.” —Jonathan Kozol, American writer […]

January 16, 2018 | Sex, Lies, and Alfalfa

BALTIMORE – Our main man in Argentina, Pancho, came to Baltimore last week. Dapper and charming, Pancho has become more than just an administrator for the ranch. He has become a trusted advisor to the family.   — We began the conversation by explaining why we needed his advice: “Pancho, you come from one of […]

January 16, 2018 | BC Case Reveals 7 Scams That Have Pumped Up Canada’s Real Estate Bubble

A B.C. Supreme Court case that pitted two rich families from China against each other provides grim revelations about the kind of migration, tax, and real-estate scams regularly occurring in Metro Vancouver and beyond. “This case provides unusually candid insight into what those who would abuse our immigration and real-estate systems really think in their own […]

January 16, 2018 | The Trigger

One more sleep until the nobs at the central bank take back another bit of stimulus. With the BoC rate increasing a quarter point this week, that’s three increases in a handful of months, with more on the way. The implications could be epic, especially if you borrowed against your house to buy Bitcoins. But […]

January 16, 2018 | The Last Great Silver Buy

In the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, followed by the purchase by Warren Buffett’s Berkshire Hathaway, 17 years later. The Hunts were said to control […]

January 16, 2018 | So That’s What Volatility Looks Like

2017 was literally the smoothest stretch of highway that US stocks have ever traveled. Rising almost every day and seldom falling hard, they made it virtually impossible for investors to lose money. Here’s the Dow Jones Industrial Average over the past two years. Note how unnaturally smooth the recent action was. As a result, measures […]

January 15, 2018 | Trading Desk Notes – Jan 13th

Markets are in a speculative blow-off phase right now with stock markets around the world surging higher while the US Dollar has been falling like a stone. My gut instinct is to fade this price action…but my risk management override says wait…it could get even crazier! Stocks: The S+P 500 has closed higher every day this […]

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