September 7, 2024 | This Week in Money

• Ross Clark: Stock Markets, Gold, US Dollar, Crude Oil.  Special Offer! 25% Off New Annual Subscriptions.
• Victor Adair: (13:00) Stock Markets, Interest Rate Cuts, Economic Downturn, Gold, Oil, Copper
• Robert Campbell: (47:12) US Real Estate Market, Are Illegal Immigrants Really Getting Free Houses in California?

September 6, 2024 | A Weak U.S. Jobs Report

A weakening trend for the economy in the U.S. was confirmed on Friday. A recession is likely, although the official notification of recession will not come until 2025. The Federal Reserve will start to cut interest rates later in September after declaring victory in the battle against inflation. We seldom get definitive clues regarding the […]

September 6, 2024 | Will the Price of Gold Top $5000?

Would “Sell in May, Go Away” have worked this year?

September 5, 2024 | Gold Stocks and Great Financial Bubbles Just Early into a Multi-Year Bull Market At Times Outperforming the S&P And With a World-Scale Discovery: Fabulous Action

A Great Financial Bubble is a very exciting event for everyone from direct participants to looky-loos, including an enraptured media. Generated by human action with far too many participants thinking the Bubble is unique and enduring. With five previous examples, gold’s real price weakened a little as the Bubble climaxed. A page of charts follow.

September 5, 2024 | Weakening Consumption Of Energy Products In The US & China Drives WTI Below US$70/b. We Are Nearing An Important Price Bottom.

Weakening demand in China and the US for energy products accompanied by a shrinking of the Israel/Hamas/Hezbollah/Iran war premium has driven WTI down to as low as US$69.15/b today (last US$69.40/b). This is US$5/b below last week’s level and is nearing our bottom target of US$66-69/b. Once this occurs it would be the first of […]

September 5, 2024 | September a Treacherous Time for Traders

Even Doctor Copper seems to have caught a cold.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

September 5, 2024 | Canada Close to Enjoying Some LNG Wealth

Some great bargains coming up in the energy sector

September 5, 2024 | How to Protect Yourself If Markets Are About to Crash

Nvidia is so yesterday’s news

September 5, 2024 | Another 2008 Super Recession Ahead?

Was Post-Labour Day Market Dip Predictable?

September 4, 2024 | Will Rate Cuts Help Canada?

The Bank of Canada voted to cut rates by 25 bps to 4.25%, marking the third consecutive rate cut. Inflation has allegedly slowed to 2.5% as of July, and Governor Tiff Macklem said that was reason enough to drop rates to attract investment. “If inflation continues to ease broadly in line with our July forecast, […]

September 4, 2024 | Recession Warning in Wine, Watches, Art and Yields

Fine wine prices have tumbled back to the pandemic lows of 2020 due to falling consumption, globally. Fine wine prices are decreasing sharply amid rising inventories and low demand for some of the most expensive wine #MacroEdge pic.twitter.com/qzuVSh3ixd — MacroEdge (@MacroEdgeRes) September 3, 2024 Are consumers struggling financially or realizing that alcohol is toxic for […]

September 4, 2024 | Impact From Canadian Rate Cut

Cracks are getting wider in World Economy

September 3, 2024 | US 2024 May be Our Last

  This year’s election is shaping up to be decided in court rather than the ballot box. Both Donald Trump and Kamala Harris are preparing for what will become a very heated and nasty legal battle that is certain to tear the country further apart. The mainstream media will naturally betray the country and everything […]

September 2, 2024 | Kennedy & Eisenhower on the Military Complex

    Eisenhower Warned us: “In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic […]

September 1, 2024 | Countdown To Crisis, Catastrophe and Collapse

“All tyrannies rule through fraud and force, but once the fraud is exposed, they must rely exclusively on force.” – George Orwell “The future’s becoming muddled. The lines of vision are narrowing. But now they’re desperate. All paths lead into darkness.” – Frank Herbert – Dune Trying to decipher the path ahead becomes more difficult […]

August 31, 2024 | Trading Desk Notes for September 31, 2024

The bloom is off the AI rose; capital rotates to other sectors Wednesday’s NVDA quarterly report was strong overall but failed to meet investors’ high expectations; the share price closed the week near its lows, down ~15% from the record highs made in June. The robust gains from big-cap tech provided most of the gains for the […]

August 31, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Non-Tech Stocks, Gold, USD, Canadian Dollar.  Special Offer! 25% Off New Annual Subscriptions.
• Martin Straith:  (11:56) Nvidia, Job Growth vs Private Sector Employment, Uranium, Gold, Oil, USD
• Bob Hoye: (40:40)  Stock Markets, Gold, USD, Listener Questions

August 30, 2024 | A Massive Glut of Unsold Condos Will Ruin The Toronto Housing Market

A massive glut of condominium apartments in Toronto threatens to sink the housing market. Condominiums were gobbled up by aggressive, highly levered speculators as a way of participating in the housing boom with minimal capital outlay. But now those apartments are hanging over a re-sale market with very few buyers. Investor-owners are losing money every […]

August 29, 2024 | Recession Watch: Deep-Discount RVs, Worst-Ever Stock Market Breadth, Frozen Housing

Let’s start with the concept of “big toys.” These are things like boats, jet skis, and RVs that people (okay, guys) tend to buy after they’ve had a few good years and conclude that job security and rising pay are now guaranteed for life. Because this hubris peaks near the end of expansions, spiking demand […]

August 29, 2024 | We’re Coming to the Most Dangerous Month for Stocks

Is Gold about to top out? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

August 29, 2024 | How the Fed Deliberately Fed Inflation

What’s the long term outlook for the US Dollar?

August 28, 2024 | Crude Oil Retreats More Than US$5/b As War Premium Shrinks. WTI Breach Of US$70/b Likely In September

The war premium for crude oil has shrunk over US$5/b (from US$80.16/b in early August to US$74.80/b at our last look today) as only Iran’s proxies have attacked Israel and the US/Qatar/Egypt continue to discuss with Hamas a ceasefire and release of the remaining hostages (both dead and alive). President Biden and his surrogates continue […]

August 27, 2024 | Is this the Peak?

    The Case-Shiller National Home Price Index rose to another record high in June. Is this the peak for US national home prices? Not yet – which is why I put the “Bull” back in the box on Page 10 of my July 2024 Timing Letter. Be patient folks.  The bear is coming.

August 26, 2024 | Pavel Durov Arrested by France To Kill Telegram

  We are headed into 2032, and every day that passes brings another step closer to revealing what I have warned about: this last 8.6-year wave will become the most authoritarian as the government realizes it is losing control. The latest was to arrest Pavel Durov because he created Telegram, which is free speech, with […]