ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
October 7, 2023 | Ukrainian Nazis
October 7, 2023 | People We Should Know: Russell Brand
British comedian/actor/podcaster Russell Brand by his own admission ran a bit wild when he first got famous, abusing various substances and behaving, as he puts it, “very, very promiscuously.” It’s not surprising, then, that he’d end up being accused of some questionable behavior. And recently that happened, as 10-year-old accounts of sexual harassment and assault have surfaced […]
October 7, 2023 | Tech Talk for Saturday October 7th 2023
The Bottom Line Don Vialoux was a guest on “Wolf on Bay Street” to be released at 7:00 PM EDT on Saturday on Corus Radio 640. The show was taped at noon on Thursday. Following are notes developed prior to the interview:
October 6, 2023 | Bond Market Tightens Noose on Highly Indebted Economy
Today, we have news that the Canadian and US economies are estimated to have created more jobs in September than forecast. Still, hourly earnings moved down, and unemployment rates in both countries have moved above cycle lows. It is helpful to remember that unemployment is a lagging indicator, with the bulk of upward moves happening […]
October 6, 2023 | Health Prepping, Part 2: Interval Training
This is the second in a series (the first is here) based on the idea that to be cheerfully ungovernable in the coming dark times, first and foremost you have to be healthy. And there are lots of ways (many of which your doctor won’t bother mentioning) to achieve that. At the top of the list […]
October 6, 2023 | A Collapse in Bank Lending is Ominous
A collapse in bank lending is damaging for the economy, as growing credit is the most important fuel of modern economic systems. Without an annual increase in debt outstanding, a recession becomes almost inevitable. Will the current downturn in bank lending to commercial and industrial clients trigger a recession? Commercial and industrial lending peaked in […]
October 5, 2023 | Biden to Build Border Wall – Trump was Right
The Biden Administration has met its target quota for illegal immigrants who will become future Democrats. The situation has become so out of control that even sanctuary cities are pleading for help from the White House. Civil unrest is rising and Democratic citizens are turning on the Biden Administration. To put a bandage on the […]
October 5, 2023 | Shortage, Indeed
This week, a subscriber asked me to summarize the facts supporting my claim that silver is in a pronounced wholesale physical shortage. For one thing, there was the persistent, large physical turnover of silver in the COMEX warehouses for more than 12 years. This movement has now come to include the silver ETFs. This turnover […]
October 5, 2023 | Pull It!!!
“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 […]
October 5, 2023 | Japan Is In That Box
People keep talking about the “box” in which profligate countries will someday find themselves, where the tools that used to work no longer do and everything falls apart. Japan might be in that box. After years of soaring government debt and central bank “financial repression” to make that debt manageable, it now finds itself in the […]
October 4, 2023 | Yield Curve Steepening Signals More Pain for Stocks, Reeal Estate and Economy
Bond analyst Alf Pecatiello warns that over the last 3 months, US bond markets have been in an aggressive and prolonged period of bear steepening of the yield curve. History shows if left unchecked, this steepening is likely to cause serious damage to equity markets and the economy. Here is a direct video link. As shown […]
October 4, 2023 | JP Morgan Predicts A Housing Market Crash
Here’s a quick video explaining how soaring interest rates always and everywhere break the housing market. To summarize: A tsunami of homes for sale is about to swamp the tiny number of buyers who can afford 7% mortgages, leading to a precipitous drop in home prices. And of course mass bankruptcies in related industries. If […]
October 4, 2023 | Stock Markets Hindenburg Omen Precedes Hemmingway Bankruptcy
Of course, the Hemmingway quote on bankruptcy is more widely known than the technical signal in the stock market called the Hindenburg Omen.
October 3, 2023 | Kevin McCarthy Removed as Speaker – It’s Time to Expel California From the Union
California has become a foreign country that should be expelled from the Union. There has been much discussion of how a state can secede from the Union. Justice Scalia wrote a letter in 2006 saying the answer was no and that it had been decided by force with the American Civil War. That […]
October 3, 2023 | Harsh New Reality for Homeowners as Listings Rise and Buyer-Pool Shrinks
In its 2023 Financial System Review, The Bank of Canada notes growing concern about the ability of households to service their debt, with mortgage holders facing payment increases of up to 40%. Compounding the issue is the fact house prices are falling and reducing the amount of equity owners have: Higher interest rates have also contributed to […]
October 3, 2023 | Art of the Collapse, October 2023
Maybe it’s just my particular Twitter feed, but the Aristocracy seems to be making an especially easy target of itself lately. In September, the resulting abuse fell into several broad categories: Incompetence/evil/senility Videos of gun battles, classroom fights, and organized looting are everywhere these days. And we all know whose fault it is: City Of […]
October 3, 2023 | “The Great Taking”: How They Can Own It All
’You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place to technically enable that to happen.” [Oct 2 interview titled “The Great Taking: Who Really Owns Your Assets?”] The derivatives bubble has been estimated to exceed one quadrillion dollars (a quadrillion is […]
October 2, 2023 | Deputy Prime Minister Chrystia Freeland is on the WEF Board of Trustees
Deputy Prime Minister Chrystia Freeland is officially a member of the World Economic Forum’s Board of Trustees. Klaus Schwab meant it when he said he had infiltrated cabinets across the globe. They are not even trying to hide the corruption. When I mention that Canada is on track for the Great Reset, I am not […]
October 2, 2023 | The Naughty List
Happy Monday Morning! The housing crisis in this country gets a lot of attention, as it should. Fixing it, however, is proving to be rather difficult. Over the past several years we have attempted to beat demand over the head with a blunt instrument. The list of policy measures include, a foreign buyers tax, […]
October 2, 2023 | Danielle on CBC Weekend Business Panel
Danielle was a guest with Almer Kim and Dennis Mitchell on CBC’s Weekend Business Panel. You can view a video clip of the segment here.
October 2, 2023 | Oh Canada
When bank economists get bearish, you know that data looks pretty dour. Kudos to Robert for candour in this interview. Robert Kavcic, senior economist at BMO Capital Markets, joins BNN Bloomberg with his perspective on Canada’s July GDP data, which Kavcic says was flat. He says all told, assuming growth remains modest in September as […]
October 1, 2023 | ‘October Surprise’ Drumbeat Quickens
Price action last week in the charts of three bellwethers suggests that this year’s ‘October surprise’ could arrive right on schedule and that it could be a doozy. The first shows the dollar’s so-far shallow correction off a minor Hidden Pivot rally target. This portends yet more strength, threatening to turn Powell’s tightening regime into […]
October 1, 2023 | Capitalizing on Recessions and Financial Cycles
Worthwhile big-picture discussion… Experience financial expert Gary Shilling’s insights like never before in this engrossing video titled “Gary Shilling On A Violent Stock Collapse Dead Ahead.” Shilling, known for his astute market predictions, discusses the impending dangers of a violent stock market collapse, offering invaluable advice for both seasoned and aspiring investors. Here is a direct […]
October 1, 2023 | Chart of the Decade
The monthly mortgage payment (P&I) for purchases of the median priced existing U.S. home (NAR) with a 20% down payment & average 30-year mortgage rate was $2,351 in August 2023 – up 140.6% since March 2020. The average hourly rate for all U.S. employees (BLS) has risen 21.7% since March 2020. Here in […]
October 1, 2023 | Cyclical Forces
Intermission is over. Today we resume my series on the global cycle theories that, probably not by coincidence, all point to major change unfolding in the next few years. Finishing it may take some time since I keep finding new material. (If you missed—or want to review—the previous installments, check out this X thread for brief summaries […]