October 18, 2025 | The Final Crisis: This is Our Future

Turn out the lights, the party’s overThey say that all good things must endCall it a night, the party’s overAnd tomorrow starts the same old thing again      – Willie Nelson Willie Nelson is not, to my knowledge, a proponent of any economic cycle theories – though now at 92, he’s seen more cycles than most […]

October 18, 2025 | This Week in Money

• Ross Clark: Stock Markets, Gold, Silver, Oil.
• Eric Hadik: (10:48) Market Cycles, Gold, Silver, Palladium, Platinum, Bonds, Interest Rates, Oil, Bitcoin, 80 Year War Cycle.
• Robert Campbell: (33:10) Gold, US and California Real Estate.

October 17, 2025 | Canadian Auto Industry Faces Creative Destruction

The Canadian auto industry is in deep trouble. Donald Trump’s new tariffs threaten cross-border trade — and U.S. automakers are already moving production south. Here’s the kicker: Canada’s auto sector isn’t even Canadian. Toyota and Honda build three-quarters of the cars assembled here. American brands make the rest. And those are being moved south: “In a major […]

October 17, 2025 | JP Morgan Boss Worried About Small Banks

Is it too late to pile in on Gold?

October 17, 2025 | Is Gold Due for a Correction?

Hard to tell the difference between rational and irrational exuberance

October 16, 2025 | Chaos and Disorder Prohibited by National Guard

The party of chaos and disorder is furious that the National Guard has been restoring peace to US cities. Every metric has shown crime significantly plummeting in every area where the National Guard has been stationed. American citizens are safe; the military is protecting those abiding by the law. Yet, those like Obama are spinning […]

October 16, 2025 | Gold, No Kings, USNA, Dumbasses

AI, Antifa, Canada, Booster/Flu Vaccine

October 15, 2025 | The Compound Cost of Policy Errors Around Immigration and Housing

A couple of must-read articles from the Globe this week examine Canada’s policy errors around immigration and housing–two tangential, interconnected themes with far-reaching impacts for our economy, present and future. See, How Canada got immigration right for so long–and then got it very, very wrong: Canada conducted a decade-long experiment. The experiment’s principal investigator was the […]

October 14, 2025 | Real Estate Bust Has Legs

The Canadian housing bubble has been deflating since February 2022, and there’s room for it to run. We highlighted the mania and frenzy of financially destructive behaviours in real time, noting that once bubbles pop, property prices typically take years to recover. BMO Senior Economist Robert Kavcic apparently agrees. In a recent note highlighted on Better […]

October 13, 2025 | A Monetary Reset is Coming, and Canada isn’t Prepared | Maxime Bernier

Maxime Bernier has had a long-standing interest in business and worked for several financial and banking institutions. He become Executive Vice-President of the Montreal Economic Institute in 2005. Many people in the region encouraged him to enter politics. He took up the challenge and was elected a Member of Parliament on January 23, 2006. He […]

October 12, 2025 | Making Money – But At What Price

  [Taken from “Health First” in Sept 2025 Timing Letter] Regardless to what happens to the price of real estate or gold, your highest priority should be your health. I like making money as much as the next guy – if not more.  But the first thing I think about when I get up in […]

October 11, 2025 | Trading Desk Notes for October 11, 2025

Leading global equity indices (and other risk assets) tumble on a sharp rise in US/China trade tensions China’s announcement of comprehensive restrictions on rare earth exports on Thursday had little impact on equity markets (but gold and silver tumbled). However, Trump’s aggressive social media response on Friday morning sparked a relentless day-long decline across equity markets. Trump […]

October 11, 2025 | This Week in Money

• Ross Clark: Stock Market Correction, Gold Top?, Oil, Uranium.
• Victor Adair:  (11:59) Stock Markets, Rare Earths, Trade Wars, Interest Rates, Oil.
• Hilliard MacBeth: (43:36)  Real Estate, Mortgage Rates, Economy, Chinese EVs.

October 10, 2025 | Canadian Pipelines: Good Bad Ugly and Nightmares

Pipelines: The Good, the Bad, and the Ugly Another pipeline fantasy rises from the political graveyard. Premier Danielle Smith is pitching a “ghost” pipeline to the West Coast — no sponsor, no permits, vague route, no funding. It’s Northern Gateway all over again. Canada’s pipeline history is a mix of ambition, divisive politics, and staggering […]

October 10, 2025 | Has Gold Topped Out?

Even Ferrari sees tough times ahead

October 9, 2025 | China Purchased $38B from the US in Semiconductor Chips

  Taiwan’s global dominance of semiconductor chip manufacturing has been at the forefront of the US-China technology war. The focus has been on Taiwan, leaving other avenues of Chinese influence ignored. China used loopholes in US law to purchase over $38 billion in chip-making technology in the last year alone, marking a 66% rise in […]

October 9, 2025 | Should We Be Concerned About Gold?

Is Bitcoin getting toppy?

October 9, 2025 | Will Gold Hold Value in a Stocks Collapse?

Can the stock market be manipulated out of danger?

October 9, 2025 | How Much Higher Can Gold Go?

Is Bitcoin about to fizzle out?

October 8, 2025 | Warmonger Think Tanks

The latest from the Neocon Fake News, ISW (Institute for the Study of War) started by Victoria Nuland’s sister-in-law, is always the same. Russia is weak; it is about to collapse, but at the same time, they are about to attack NATO, so we should invade now. The new line is “ISW specialists suggest Moscow is […]

October 7, 2025 | How The AI Bubble Will Pop and Why We Should All Care

The AI infrastructure boom is the most important economic story dominating the news. However, the numbers don’t add up, and that realization is starting to spread. Read more in,  This is How the AI Bubble Will Pop: Tech companies are projected to spend about $400 billion this year on infrastructure to train and operate AI models. […]

October 6, 2025 | Millions Sign Petition to Dismantle UK Digital ID System

  The people of the United Kingdom are fighting back against the government’s plan to roll out a digital ID system. The petition to counter the legislation quickly became the fastest-growing online petition in UK history, with over two million people signing in less than 48 hours. “We demand that the UK Government immediately commits […]

October 5, 2025 | Big Debt Cycles

Debt is a curse that can also be a blessing, depending on how the borrower uses it. Sadly, human nature seemingly ensures we often use debt unproductively—and not just as individuals. Governments have their own special way of using debt to buy benefits (and votes?) today that future generations will pay for. I have said […]

October 4, 2025 | The Trading Desk Notes for October 4, 2025

Leading global stock indices surge to record highs The S&P has rallied ~40% from its April lows, up ~13.5% YTD. The S&P is up ~5.5% since the FOMC cut rates on August 22 (blue ellipse), and signalled more cuts to come over the next few months. Big Cap Tech/AI continues to power the rally in US stocks, […]