ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
August 30, 2023 | COVID Vaccine Required for LEGAL US Immigrants
There is an uptick in previously dormant viruses. Then again, countless people have entered America at the southern border illegally. Those who wish to come here on goodwill, legally abiding by US law, are forced to undergo a physical examination and receive the following vaccinations: Diphtheria Tetanus Pertussis Polio Measles Mumps Rubella Rotavirus Haemophilus influenzae […]
August 29, 2023 | Economic Weakness Leads Unemployment, Not The Other Way Around
Many cite US and Canadian unemployment levels today near 5o-year lows as grounds for economic optimism. Unemployment is a lagging indicator that commonly inspires misplaced confidence heading into recessions and then pessimism as it rises into subsequent economic expansions. For leading employment indicators, we look to readings on the average manufacturing workweek, average overtime manufacturing […]
August 29, 2023 | Health Prepping, Part 1: Stem Cell Breakthrough
It’s hard to “survive and thrive” in turbulent times if you’re sick, or even just low-energy. So the most important prepping we can do is on ourselves. Luckily, there are a lot of ways to get optimized, some of them old-school, some exotic, and some cutting-edge. This series will highlight health strategies for today and […]
August 29, 2023 | Russian Lives Matter
The most influential aspect of Black Lives Matter is its name choice. Of course, black lives matter, but the messaging behind the movement itself was pure corruption and controlled civil unrest by the left. It was seen as racist to say that ALL lives matter because the focus was only on Black Americans. Then the […]
August 29, 2023 | The Most Splendid Housing Bubbles in America, August Update: 4th YoY Price Drop Overall, 10 of 20 Cities with YoY Drops. Month-to-Month, Selling Season Begins to Fade
Today’s S&P CoreLogic Case-Shiller Home Price Index for “June” is a three-month moving average of home prices whose sales were entered into public records in April, May, and June, and it still shows the seasonal effects of spring selling season, when prices typically rise on a month-to-month basis, but the effects began to fade, and the index […]
August 28, 2023 | Tug of War
Happy Monday morning! This newsletter has been covering three big themes in the Canadian housing sector this year. In no particular order they are as follows, excessive immigration exacerbating a housing crisis, higher mortgage rates ironically trapping people in their homes, and the destruction of new housing supply brought forth by a trippling of interest […]
August 28, 2023 | How the Aristocracy Ate the Housing Market
The Kobeissi Letter just posted some nightmarish housing stats: BREAKING: Median cost to buy a house hits a new record of $2,748/mo, up a MASSIVE 90% since 2020. In other words, buying a house today costs nearly $33,000 per year. This is 46% of the median PRE-TAX household income in the US. Post-tax, homebuyers in the US […]
August 28, 2023 | Productivity Challenges
Weak productivity pressures profits and, ultimately, increases unemployment. Eventually, after recessions, productivity increases, thanks to reviving demand and lower labour costs (after layoffs). So far, we are early in the layoff phase, with jobless claims rising in 48 US states. Similar trends are evident in Canada and many developed economies, not just in America. The […]
August 28, 2023 | Inflation: Out of Control?
The strongest run of “Inflation” in more than forty years is underway, and pundits claim that it has much further to go. Indeed, popular and highly regarded financial talk shows are reporting that “All paper currencies have eventually gone to zero”. Inevitably, such would indeed be catastrophic.
August 28, 2023 | Trump’s Notoriety Turns into Popularity
Donald Trump’s notoriety is turning into increased popularity as he has become a martyr of the corrupt political system. He is receiving around-the-clock news coverage. Rallies are taking place in his favor, with a large group amassing outside the Fulton County jail that is composed of every demographic. His mugshot has been seen throughout the […]
August 27, 2023 | ‘AI’ Just Another Wall Street Scam
A handful of tech moguls already control the global flow of information, but their influence over our lives will only expand and deepen if Congress doesn’t do something soon to pry their greedy hands from the ultimate fruits of AI development. I say this while recognizing the irony of casting our elected representatives as the […]
August 27, 2023 | The Science of Cycles
Today we continue our study of the historical cycles suggesting a major crisis is in our near-term (5‒8 years) future. We don’t know the precise timing or nature of the crisis, but the patterns indicate one is coming and could be severe. As with many therapeutic programs, the first step is admitting you have a […]
August 26, 2023 | The Caplan Suit to Bar Trump Using the 14th Amendment
Caplan Lawsuit Many emails have come in about Lawrence A. Caplan filing this Declaratory judgment to ban Trump from running for President under the pretense of the 14th Amendment. In his filing, he is clever to state that he admits he was a member of the State Bar of California, but then states “Petitioner has […]
August 26, 2023 | Trading Desk Notes For August 26, 2023
Short-term interest rates surged higher this week Two-year Treasury futures traded to a 23-year low, the 5-year hit a 16-year low, and the 10-year closed the week at a 16-year low, but the long and ultra-long bond futures closed a little higher on the week after hitting multi-year lows on Monday. June 2024 SOFR futures […]
August 26, 2023 | Tech Talk for Saturday August 26th 2023
The Bottom Line High and rising interest rates on long term North American Treasuries have “put a lid” on North American equity markets. Comments by Federal Reserve Chairman Powell on Friday echoed comments by the Bank of Canada that central banks in North America are “prepared to raise rates further”. The stage is set for […]
August 25, 2023 | Disobey and Live – Maui Fire Barricades
There are a number of factors that do not add up regarding the Maui fires. I am refraining from speculating, but based on the facts, the government allowed people to die. I reported that the fire hydrants were dry and the top official refused to use water reserves. The notification system and sirens mysteriously failed, […]
August 25, 2023 | Climate Chaos To Change Thinking Around Housing
I have been following this issue for some time, and it’s not yet being widely factored into asset allocation decisions. How much of our net worth will we want in buildings that can’t be insured or where premiums go parabolic? How can we reduce and self-insure our risk in a world with hard-to-get or unaffordable […]
August 25, 2023 | Solar Energy Capacity For Electricity Production Soars Worldwide
The pace of installations for new solar electricity production continues to surprise everyone, even industry insiders. Close to 400 gigawatts of capacity will be installed worldwide in 2023, with forecasts for as much as 563 gigawatts in 2025. Solar is now cheap and easy to install, especially on residential rooftops where permitting is not a […]
August 24, 2023 | How to Socialize a Nation – Divide & Conquer
COMMENT: The Other Plan? | Trudeau, his Dad Pierre Elliot and Selfsame Joe Biden Socialist Goals. | “Every Time I Think of it I Get Mad.” “Many Years Ago there was a book entitled Social Purpose for Canada, each chapter was written by a different person, one chapter was written by Pierre Elliot Trudeau. And […]
August 24, 2023 | BRICS Summit Ends With a Bang — And a Tease
In a nice bit of misdirection, the BRICS countries distracted the West with hints of a “gold-backed currency” at their August 22 – 24 meeting. Then, while everyone was looking over there, they did something potentially even bigger by admitting Saudi Arabia and the United Arab Emirates as members, with Iran, Argentina, Egypt, and Ethiopia […]
August 23, 2023 | Gold Seasonality, Part 1: Are We There Yet?
Seasonality is an investment thesis that shouldn’t work. It’s just too easy. If there are regular and recurring fluctuations in demand for something, traders will simply front-run the process, canceling out the price impact. Right? Apparently not always. Gold and silver tend to languish in spring and summer (recall the old saying “Sell in May […]
August 23, 2023 | Society for 2032
History repeats largely because those in power NEVER consult history before they hand down some decree. The scheme behind letting all these migrants infiltrate the country is that they will vote Democrat and keep them in power forever. As I have said before, I was asked by Hong Kong to negotiate with Australia to […]
August 23, 2023 | Home Sales Plunge Further as Demand Vanished at these Prices. Even Cash Buyers Pull Back. Supply Keeps Rising
Sales of previously owned homes (houses, condos, and co-ops) fell further, by 2.2% in July from June, to a deep-dismal seasonally adjusted annual rate of sales of 4.07 million, the lowest since January, which had matched the March 2020 lockdown low, which had been the lowest since the Housing Bust in 2010, even as the median […]
August 22, 2023 | Wage Inflation Is a Thing Now, Part 1
Back when the US was a functional country, wages and corporate profits rose more or less in tandem. That is, each group tried to steal all the money but in the end had to compromise and settle for only half. It was contentious but manageable, and it allowed a broad, stable middle class to emerge, […]
August 22, 2023 | Ticking Time Bomb
I’m still convinced a “Code Red” market emergency exists in COMEX silver based upon the extremely large positioning changes for the reporting week ended July 18. That week, there was massive managed money buying and commercial selling. I concluded silver would either explode in price or get smacked down by commercial price rigging and […]