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June 19, 2019 | Are Gold and GDX Reversing, or Pushing to New Highs?

Gold and mining stocks just closed at a new yearly high. Silver is not even close to reaching such levels, and gold is already back below where it was trading 24 hours ago. Can these breakouts be trusted? Do they have a lasting power? To answer that, we better remember something important first. This changes […]

June 19, 2019 | High Fees and Risky Bets Not in Best Interests of Canadians

Andrew Coyne points out some startling figures about the Canada Pension Plan on which the majority of Canadians depend for retirement income.  See Canada Pension Plan gets lucky with active management, for now. Here are some key takeaways: Switching to a new ‘active’ management strategy in 2006,  the number of Canadian Pension Plan Investment Board (CPPIB) employees […]

June 19, 2019 | US Dollar Rallies Off Support But Is This A Top Or Bottom?

The US dollar rallied nearly half a percent off recent support near $96.50.  This upside price move confirms the capital shift we have been talking about.  Foreign capital is pouring into US markets and US dollar as strength in the US economy continues to dominate. This new upside move in the US dollar has established […]

June 19, 2019 | World War III – 2024-2027?

QUESTION: Besides the Bible, there are many clairvoyants who predict that there will be World War III. Your models predict the rise in war tensions. What is your “opinion” about the prospects for a third world war? JC ANSWER: There is no doubt that we are in the process of a rising war cycle. It […]

June 19, 2019 | Dr. Garth

The Doctor is IN. The waiting room is teeming. So much angst, and so little time before tee-off. Who’s first? “Thanks for the daily reading,” says Brock. “It helps get me through the day. Now the question.” When does it make sense to refinance your mortgage for more than is left owing, so you can […]

June 19, 2019 | The Most Splendid Housing Bubbles in Canada, May Update

Vancouver housing bubble sags. Toronto down 3.4% from peak. Calgary and Edmonton back to 2007. Montreal sets new record. National index ticks up the least for any May in 21 years of data. Home prices across major metros in Canada ticked up 0.5% in May from the prior month, the slowest rise for any May […]

June 18, 2019 | Gold and Silver Capped Until the Crash!

Silver is controlled by an algorithm which caps the spot price (currently under $15). Gold is also controlled by an algorithm and it’s price is capped. Our corrupt authorities at the Treasury can use the Exchange Stabilization Fund and the Plunge Protection Team to cap these prices so as to deceive the markets on what should […]

June 18, 2019 | Climate Emergency – The New Justification for New Taxes

Cities have begun using the term “climate emergency” to justify new taxation. This was the case in the Guelph City Council in Canada where they declared a climate emergency. They have admitted that they “already have an action plan. A very ambitious, robust and doable action plan. We don’t need to re-state that.” The spokesperson […]

June 18, 2019 | Are You Neglecting This No-Brainer?

If you have a 401(k), IRA, or other tax-advantaged retirement account, you can get tax breaks that let you build your nest egg a lot quicker. But surprisingly, 6 in 10 working-age Americans don’t have one. They’re neglecting one of the BEST ways to grow their wealth. And if you’re one of the growing number […]

June 18, 2019 | The Fed, China, the Markets, Optimism, and Reality

The talking heads on financial media are in overdrive today, flooding us with clever noise about what the Fed has to do, might do, and couldn’t possibly do. The consensus is, in my opinion, overly optimistic. On top of this, Trump’s tweet that he will meet with China’s Xi at the upcoming G20 summit has […]

June 18, 2019 | Corporations Biggest Net Buyers of Stocks Since 2014

Who in the world has been buying stocks at increasingly speculative-grade valuations over the past five years?  As charted below, the biggest net buyers have been public corporations themselves as management used liquidity driven by central banks to buy back shares and drive their prices higher.   Not only has the activity fabricated the majority […]

June 18, 2019 | 43-Man Squamish Is the Fed’s Game

One of the ironies of Wall Street’s obsession with the Fed’s crackpot policies is that fevered short-squeeze rallies such as the one launched on June 4 weaken the rationale for monetary easing.  Stocks went bonkers after the central bank started dropping hints that economic fallout from the tariff war might warrant a fresh infusion of […]

June 18, 2019 | Suck, Blow, Fail

Remember Generation Squeeze? The needy little moister org is demanding a host of things from government, including cheap day care, transit subsidies and student loan forgiveness as well as a wealth tax on Boomer real estate, so fairness may be restored to the nation. Yeah, fat chance. But they do have the attention of the […]

June 18, 2019 | Fed May Trigger Wild Swing In Index and Metals

As our research team continues to pour over the charts and look for any signs of direction regarding tomorrow’s Fed news, we put together a couple the charts that may highlight some expectations and in at what the markets may do the rest of the week. The expectations that the US Federal Reserve may maintain […]

June 17, 2019 | Will A False Flag Iran War Cause A Financial Crisis?

Just a couple of weeks ago the financial world’s biggest worry was the plunging price of oil. Supply was up, stockpiles were building and speculation was pointing towards $40 a barrel, a price at which the fracking/shale oil “miracle” would evaporate. A trillion dollars of related junk debt would default, taking a big part of […]

June 17, 2019 | Gold and Silver Reversals – Impossible Not to Notice

What a remarkable day Friday has been! Going into the U.S. session open, we have seen gold challenging its early-June highs. The barrage of geopolitical news has been deafening and gold had literally nowhere to go but up. But something “unexpected” yet totally predictable happened to those who have jumped on the gold bandwagon. Friday’s […]

June 17, 2019 | Ho Ho Ho It’s magic: Deutsche Bank, Market Cap $14B to Spin Off $50B in assets

Deutsche Bank, with a market cap of under $14 billion looks to spin off $50+ billion in allegedly productive assets. I am scratching my head a bit over this idea. From the expression on CEO Christian Sewing’s face, he is too. Please consider Deutsche Bank Plans Radical Overhaul With €50bn Hived Off to ‘Bad Bank’. Deutsche […]

June 17, 2019 | Some Pertinent Information for the Nation to Contemplate

Let’s pause, as Canadians, for a moment and contemplate Hansard from the Legislature of Alberta on the morning of May 23rd, 2019. Stewart Muir looks at the situation. Let’s also contemplate that the national media did not report this screaming headline across the nation, as it might hopefully provoke some fair questions regarding the state […]

June 17, 2019 | The Rise in Agriculture for the Next ECM

The Fall Army Worm (FAW; Spodoptera frugiperda) is a crop-eating pest that was first detected in China back in January 2019. It has now spread across China’s southern border and currently impacts about 8,500 hectares (127,000 mu) of grain production in Yunnan, Guangxi, Guangdong, Guizhou, Hunan, and Hainan provinces. Officially, Chinese authorities have employed an […]

June 17, 2019 | Oil Supply Swamping Demand

I am just finishing Chris Turner’s important book The Patch: the people, pipelines and politics of the oil sands.  Every Canadian could benefit from reading it and learning more about this history and what present challenges import for Alberta and the Canadian economy going forward. Even while optimistically assuming that the global economy strengthens rather than […]

June 17, 2019 | Stocks Go Comatose Ahead of ‘Big’ News from Fed

If things weren’t slow enough already on Wall Street due to summer doldrums before summer has even begun, the announcement coming Wednesday from the Fed has made stocks go comatose ahead of the “news”. Expect Monday’s dirge to continue until the Big Event at 2:00 p.m. EDT. Powell & Co. have been in such a […]

June 17, 2019 | Cracked

Well, it’s happening. The first bank – and the biggest – has dipped its key mortgage rate, which is a shot across Ottawa’s bow. On the weekend RBC trimmed the posted number for its five-year home loan by about a fifth of a point. Big deal? You bet. The cut is small, but it’s the […]

June 17, 2019 | Investors are Confident, Bullish and Buying Stocks, but…

The Technical Traders Ltd has identified a unique price to volatility relationship between the SP500 and VIX index.  The calculations required to compute the VIX index are composed of a number of factors. That final value of the VIX index is reported on an annualized basis. This means that VIX index as already internalized the […]

June 16, 2019 | Time for a Pro-Canadian Approach to Solve the Impact Assessment Crisis

To quote Rex Murphy, employment is not just a damn paycheque. It is the spine of most people’s existence. As politicians seek to legislate future jobs out of existence, Stewart Muir looks at how resource-sterilization lobbyists brought this about. Numerous lobbying efforts are underway in Canada and its provinces and territories to remove land from […]

June 16, 2019 | Smelling a Fiscal Blowout, Gold Starts to Warm

There was good news for gold bugs last week in The Wall Street Journal, even if it threatens a day of reckoning for everyone. Although Friday’s front-page story had nothing to do with bullion, the headline tells us why sunnier days are likely for anyone invested in precious metals over the next few years: Washington Puts Aside […]

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