February 8, 2024 | Canadian Consumer Insolvencies +23% in 2023

Canadian consumer insolvencies rose significantly in 2023, up 26.2% in Ontario and 23.0% across Canada. The latest Hoyes Michalos 2023 Joe Debtor insolvency data is available here. Doug Hoyes explains the findings below. What’s distressing to me is the person filing for insolvency is someone with higher income than in the past, says Doug Hoyes, co-founder […]

February 8, 2024 | Is the Stock Market Too Hot?

Bitcoin, chocolate and computer chips get big boosts. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

February 8, 2024 | The Case for Gold

Why record high stock markets could make you uneasy

February 8, 2024 | Wall of Worry Or Just Hype?

A myth billions are waiting to be invested?

February 8, 2024 | We’re Being Hit By a Cyclone of Bad Financial News

Will insurance soon be impossible to get? See Charts.

February 7, 2024 | “Fueling Success: Exploring Explosive Investment Opportunities in Energy”

Martin re-recorded his presentation from the World Outlook Financial Conference in Vancouver on February 2/3, 2024. In the presentation he outlines key energy sources and gives 12 stocks for investors to consider in the natural gas, uranium, and oil sectors.   

February 6, 2024 | China Stumbles Under Debt and Real Estate Bust

Our September 2021 client letter “Shifting Foundations” examined the default of China’s second-largest property developer, Evergrande, and the implications of a real estate bust leading to a slump in the Chinese and global economy. You can read the entire letter at this link. Here’s a taste: Insolvency problems in China’s real estate sector sent shock […]

February 5, 2024 | Capital Flow Analaysis

  COMMENT: I found Lagarde’s comment about “those savings actually stay here to finance what needs to be financed” to be an admission that they are well aware of Socrates. You are the inventor of Capital Flow Analysis. It took an actual international hedge fund manager to see the flow of capital and change world […]

February 4, 2024 | Danielle presents at VRIC 2024: Capital Prospects in 2024

Danielle presents at VRIC 2024. Here is a direct video link.    Further to real interest rates (nominal rates minus inflation) being demand-crushingly high for borrowers (but attractive for savers), the chart below shows the US Fed Funds Rate (FFR) minus the 5-year inflation swap rate is the highest today in over 20 years.  

February 4, 2024 | Wall Street Guns Its Perpetual Motion Engine

Here are a couple of headlines concerning the economy that appeared atop Bloomberg’s front page on the same day last week. Taken together, they could make one’s head spin. First the happy news: IMF Lifts World GDP Outlook on U.S. Strength. But here’s the article just beneath: UPS to Cut 12,000 Jobs. A case of schizophrenia on the […]

February 3, 2024 | This Week in Money

• Ross Clark: Stock Markets, Dow, S&P 500, Jobs, Oil, Gold, Chocolate
• Mark Leibovit: (9:49)  Stock Markets, Interest Rates, Cannabis, Gold.  Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
• Wolf Richter: (52:05)  US Real Estate, Inflation, Autos, Electric Vehicles

February 2, 2024 | Canada Might Abandon Its Inflation Target in a Recession

The Bank of Canada (BOC) held interest rates steady at 5 percent in January, highlighting growing weakness in the Canadian economy. But unfortunately, inflation is not declining as fast as the central bank would like. Will the central bank abandon its inflation target? While the weakness in the economy would normally allow the Bank of […]

February 2, 2024 | A Big New Development

A recent development in COMEX silver futures positioning has been unusual enough that I didn’t detect it at first, because it has been somewhat gradual. Over the past five reporting weeks, from the COT report as of Dec 19, 2023 to the most recent report as of January 23, 2024, the number of long traders […]

February 1, 2024 | Time For A Trust? If So, What Kind?

Let’s say you own a bunch of uranium stocks and your nest egg is becoming an “estate.” Well done! Now it’s time to avoid excessive taxes and make the eventual transfer to your kids and grandkids seamless and stress-free. One way to do this is via a trust, a legal entity that holds and disburses money while […]

February 1, 2024 | Why a USA “Hard Landing” More Likely than “Soft”

Will Gold be a safe haven from an economic crash?

February 1, 2024 | A Glowing Report on Uranium

The Fed may hold on off on anticipated rate cuts

January 31, 2024 | Art of the Collapse, February 2024

Civil War?… So the US opens its borders and millions of people stream across. Border states are inundated, and Texas blocks one of the more popular illegal entryways with razor wire. The Supreme Court rules that the Feds can take the wire down, Texas says “try it and see,” and a bunch of other states […]

January 30, 2024 | The End is in Sight

There is a shocking level of undervaluation for silver compared to gold, even though the ratio had widened out to more than 91 to 1. Considering that there is a pronounced and deepening physical shortage in silver, the silver/gold price ratio should be closer to 9 to 1. That would put silver prices around $225 […]

January 30, 2024 | The Most Splendid Housing Bubbles in America, January 2024 Update. Biggest Price Drops from 2022 Peak: San Francisco, Seattle, Portland, Denver, Las Vegas, even San Diego

The overall home price index for the 20 metros that today’s S&P CoreLogic Case-Shiller Home Price Index covers dipped a hair from the prior month and is now forming a beautiful double-top, after a huge mind-blowing spike. We’re going to get to the individual “most splendid housing bubbles” – as we’ve called them since 2017 to […]

January 29, 2024 | Could Texas Survive as an Independent Nation?

  The severity of the migrant crisis may be new to those who do not live on a bordering state. Yet Texas has been grappling with this issue for years, resulting in countless calls for a secession from the United States or “Texit.” How would Texas manage as an independent nation? Size and Population Texas […]

January 28, 2024 | Gold Stocks and the Coming Judas Swing

[This week’s commentary was written by David Isham, a longtime Rick’s Picks subscribers from Northern California who has been investing in bullion since he was in grade school four decades ago. RA ] Although gold appears to have broken out of a triple top and recently hit fresh all-time highs at $2152, the gold miners are trading at the […]

January 27, 2024 | Trading Desk Notes For January 27, 2024

US stock indices are higher again this week, with the DJIA up ~6,000 points (18%) from its October lows The S&P, Nasdaq 100, DJIA, and the VTI ETF have all closed higher for 12 of the last 13 weeks. The rally continues to be led by big-cap tech, with MSFT and AAPL both reaching a $3+ […]

January 27, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Oil, Gold, USD, Canadian Dollar
• Allan Mark Angell: (12:15) High End Real Estate, Interest Rates, Inventory
• John Rubino: (49:15) China’s slowing economy, US Immigration, Energy

January 26, 2024 | Tesla Debuts a New Inexpensive Sedan

Tesla announces a new low-cost sedan which will sell for about $25,000 in U.S. dollars. This vehicle will be available in mid-2025 and will be manufactured initially in Austin, Texas. Will this new model be enough to justify Tesla’s valuation? For the 2023 year Tesla announced revenue of $25 billion while the stock market value […]