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January 17, 2020 | Gold – Active Futures

This is the fourth time we’ve watched this pattern evolve in gold. Subscribers know what we can expect in bullion and the miners.

January 17, 2020 | Carney of Bank of England Claims Climate Change Will Make Pensions Worthless

QUESTION: Mr. Armstrong; Is the head of the Bank of England Mark Carney using climate change to claim that pension funds will be worthless? He is just insane or a fraud using this to cover up the pension fund crisis? SK ANSWER: There is just no possible way that climate change has anything to do with pensions. We […]

January 17, 2020 | Gold Finally the Investment of Choice! Why?

I am attending the Metals Forum in Vancouver along with a crowd of some 2500 investors. This is a record crowd for this Metals Forum. Last year the crowd was much less and the tone was much more uncertain. Today, the speakers all sense that our Fed will create whatever liquidity is needed to prolong […]

January 17, 2020 | China Posts Slowest Growth in 29 Years But Still Overstated

China posted another quarter of 6% annualized GDP. That’s the slowest in 29 years. The Financial Times reports China GDP grows at slowest pace in 29 years China’s economy last year grew at the lowest rate since 1990 while the country’s birth rate fell to a record low, highlighting the domestic challenges facing Beijing despite a […]

January 17, 2020 | The Climate Change Crisis Hits the Finance World

A new year and a new decade triggers thinking about what the most rewarding investment theme will be over the next year and beyond. A leading candidate for a dominant theme is the impact of climate change risk. Bank of England Governor Mark Carney said that climate change is an example of the Tragedy of […]

January 17, 2020 | Petro-Canada Completes National EV Charging Network

Today, I noticed that this Petro-Canada near our house is now up and running with an EV Fast Charger Station. According to the Petro Canada website, the company has completed a network of charging stations all across Canada, as shown on the map below.  You can also search by location to find the chargers in […]

January 17, 2020 | Dr. Garth

The clinic is now open. Please stop vaping and form a neat line out through the parking lot. Remember to step over the dog as you enter. No exposed hands. He’s having a bad day. Okay, Cheryl, you’re first. Hello Garth, I have been following your blog for years, found it highly helpful!  My daughter […]

January 17, 2020 | Energy Continues Basing Setup – Breakout Expected Near January 24th

After watching Crude Oil fall from the $65 ppb level to the $58 ppb level (-10.7%) over the past few weeks, we still believe the energy sector is setting up for another great trade for skilled investors/traders. We are all keenly aware that Winter is still here and that heating oil demands may continue to […]

January 16, 2020 | Retail Sales Mostly Solid But Department Stores Hit Again

Retail sales rose 0.3 percent in June, essentially in line with expectations after taking revisions into consideration. The U.S. Census Bureau announced the following Advance Estimates of U.S. Retail and Food Services Sales for December 2019. Retail sales were $529.6 billion, an increase of 0.3 percent from November and 5.8 percent above December 2018. Total sales for […]

January 16, 2020 | Casinos, Corruption and Crime in Canada

When I was a kid, casinos were only in Vegas and Atlantic City. Allowing them to go mainstream in Canada was a mistake.  Corruption and crime are natural byproducts. An exclusive Global News investigation reveals the RCMP’s former Integrated Illegal Gambling Enforcement Team uncovered evidence of illegal activity, such as sexual slavery, child abuse, and […]

January 16, 2020 | Red Metal Rising

Copper prices just hit eight-month highs. Given the many headwinds for the global economy, my immediate reaction was cautious. The headlines about the cooling Chinese economy have been particularly strong arguments for caution. Copper and Chinese GDP growth have had a very strong correlation for decades. That’s why I tweeted that I want to see the Chinese […]

January 16, 2020 | Capital Flows & the Next ECM

QUESTION: Sir, You have advised us to avoid sovereign debt after the ECM date. I imagine that the crisis will affect nations unequally. It seems obvious that money would leave bonds in the more challenged, negative rate countries (EU and Japan). Might these flows come into US Treasuries, thereby stabilizing US rates, at least short-term? […]

January 16, 2020 | Platinum Breaks $1000 On Big Rally And What is Next

Certain precious metals, Gold, Silver, and Platinum, have shown moderate upside price trending over the past 20+ months while Rhodium and Palladium have skyrocketed higher.  These more precious metals, Rhodium and Palladium, have many industrial and consumer uses.  Rhodium is used in electronics and plating and Palladium is used in a variety of consumer products […]

January 16, 2020 | Left for Dead: The Blood-in-the-Streets ‘Buy’ Signal

One industry fell so hard last year, it’s like it was pushed out a high-rise window. Recently, it was down 57% from its March 2019 peak. Individual names in the industry fell harder — 70% … 80% … 90%! The carnage was terrible. And as Baron Rothschild famously said, “The time to buy is when […]

January 16, 2020 | Kids

I have no kids. Forty-nine years ago I married Dorothy to be with her. Not to have a family. She was good with that. If you get through this life with one true, forever friend, she once told me, you’re lucky. I got mine. Why do most people have children? Historically, it made great sense.  […]

January 15, 2020 | Is Climate Change Dispute the Same As the Fall of Rome?

Climate Change has become a fanatical religion because there is no proof and it rests entirely on belief. This is taking on the traits of the religious dispute which marked the fall of Rome – Pagans v Christianity. Like the Pagans, they immediately attack anyone who dares to disagree with them and they will not […]

January 15, 2020 | Trump Got a Pretty Good Trade Deal After All

Stocks have been running in place since Friday, presumably developing thrust for a move to new record highs. Ordinarily, the signing of the trade pact with China might have been expected to provide more boost than we saw on Wednesday. But the news was tempered with some facts that evidently were not widely known. Specifically, […]

January 15, 2020 | The News

And now for the news. Sit, stay and pay attention. MOMS BUSTED: Yup, the cops moved their squatter butts out of that house in Oakland, California during a morning operation. It took several sheriffs, some guns, 30 SWAT guys and a mini cop-tank to do it, but the Moms4Housing are now kaput. There were four […]

January 15, 2020 | Shifting Undercurrents In The US Stock Market

Even as we write this post, the US Stock Market continues to push higher as global traders and investors pour capital into the continued US rally.  The strong US Dollar continued to attract capital from around the globe and with fresh earning about to hit from Q4 2019, investors are expecting another round of solid […]

January 15, 2020 | Gold Mining Stocks Broaden Their Appeal — With Dividends

No one interested in current income buys gold mining stocks because those stocks are traditionally all about capital gains. As ‘leveraged plays on the price of gold,’ the miners work this way: Let’s say gold is $1,000 per ounce and a hypothetical miner produces a million ounces annually, eking out a net profit of $10 […]

January 14, 2020 | European Banking Crisis Picking Up Steam

The banking crisis in Europe is expanding.  European banks have no liquidity and the negative interest rates have done so much harm to traditional banking in Europe, we are witnessing excessive fees unfolding. HSBC is raising its overdraft rate of 39.9% for UK customers from March 2020. Santander’s latest bank to set a 40% overdraft rate. Savings […]

January 14, 2020 | A Growing Scandal Has Barely Fazed Boeing Shares

Boeing shares were up more than $5 at one point Tuesday, ostensibly on news that orders had fallen to a 16-year low. Go figure. The dearth of new business is a predictable result of the global grounding of the best-selling 737 MAX following two collisions that killed 346. Lately, there has been a non-stop onslaught […]

January 14, 2020 | China’s Marathon Stock Market

I showed you over the past few months how China’s on a mission — a “100-Year Marathon” — to replace America as the last, greatest empire in the history of mankind. Well, have you noticed China’s STOCK MARKET lately? It’s soaring! And yet, it’s going unnoticed. That’s because many are hesitant to invest in China. […]

January 14, 2020 | Orders at Boeing Drop to a 16-Year Low

New plane orders at Boeing are the lowest since 2005 and deliveries the lowest since 2005. Blame the Boeing 737 Max. Due to never-ending 737 Max issues, plane orders at Airbus have soared while Boeing Orders Fall to 16-Year Low. Quick Comparison Facts Boeing New Orders: 246 new orders for commercial jets of all types before […]

January 14, 2020 | Hoisington Q4 Review and Outlook

Hoisington Investment Management has published a Fourth Quarter 2019 Review and Outlook here, and, as usual, it’s worth reading.  Here are some key takeaways: The U.S. 30-year Treasury bond yield of 2.39% on December 31, 2019, was the lowest yearly close on the 30-year since its inception in 1977, and the annual average yield for long […]

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