October 10, 2024 | Oil Surprisingly Flat Despite Middle East Turmoil
Defense stocks on the move higher.
October 10, 2024 | Do Lunar Cycles Influence Gold Prices?
Insurance shares shrug off the latest Florida hurricane. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
October 9, 2024 | Realty Bubble Bursting as Power of Sales Spread
In September, across the Greater Toronto Area, there were 204 power-of-sale listings, more than double the 96 reported in September 2023, an increase of 112% year over year and more than triple pre-pandemic levels (chart below since 2020). See, Power-of-sale listings more than double as mortgage lenders repossess homes from over-leveraged buyers. Finally, reality is dawning […]
October 8, 2024 | Biden Wants Banks to Report All Transaction over $600
The Biden Administration is pushing banks to report every $600 transaction, whether a deposit or withdrawal, from every business or personal account. The Democrats want everything, and no matter how much they collect, they will always spend more. TAXES are really no longer even necessary along with borrowing. They never pay off the debt anyhow, […]
October 7, 2024 | Cheaper Mortgages?
Happy Monday Morning! I just got back from presenting at the annual Veritas Real Estate conference in Toronto. The conference, which caters towards investment professionals and financial institutions engaged in a healthy debate on the direction of our housing market. There was a lengthy discussion on interest rates, which is undoubtedly one of, if not the largest […]
October 6, 2024 | Why I Do Not Trust Safety Deposit Boxes
I have said numerous times that your personal belongings are at risk in safety deposit boxes. The Fourth Amendment was intended to protect Americans from illegal search and seizures, but as we have seen in recent years, the government does not respect the Constitution or our freedoms. Governments will become increasingly tyrannical as we […]
October 5, 2024 | The Panic Cycle in September A Warning for the Future
QUESTION: Marty, it appears that the September panic was on the upside, and it also appears to be a turning point. It looks like it may be a high in the Dow and Gold on a closing basis. I must say, it’s far easier to see now that this election may be the last. Does […]
October 5, 2024 | This Week in Money
- Ross Clark: Stock Markets, S&P, Nasdaq, Oil, Gold, Uranium. Special Offer! 25% Off New Annual Subscriptions.
- John Rubino: (13:42) World War III, Financial Markets, Oil, Energy.
- Robert Campbell: (49:24) Real Estate, Interest Rates, War.
October 4, 2024 | Canada is Falling Behind The U.S.
Canada is falling behind the U.S. in economic growth. Up until a few years ago, Canada and its huge neighbour to the south grew by about the same annual rate. But since 2022 Canada is falling behind by most measures. What happened? The Economist wrote an article on September 30, 2024 titled “Why is Canada’s economy falling […]
October 4, 2024 | How Realistic is the BRICS’ Proposed Gold Backed “Unit”?
China’s stock market hit by a wave of FOMO buying
October 3, 2024 | Canadian Rough Patch Getting Rougher
Canadian businesses are closing at one of the fastest rates in history. See: Canada Just Saw One in Twenty Businesses Close in a Month, Biggest Wave Since the Pandemic. Since the vast majority of private sector job growth is driven by small—to medium-sized companies, it’s not surprising that job vacancies (blue line on the lower right […]
October 3, 2024 | Canadian Businesses Closing at an Alarming Rate
Will China’s effort to fire up a lagging Economy work?
October 3, 2024 | Will China’s Stimulus Blitz Help US Markets?
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October 3, 2024 | What is Making Commodities a Hotter Prospect?
Middle East tension driving oil higher?
October 2, 2024 | Iran’s Threat To Use It’s Largest And Most Lethal Ballistic Missiles To Attack Israel Lifted The Crude Oil War Premium by US$5/b
The first major issue to be concerned about is the Middle East: Israel’s multi-phased removal of the top military and leadership of the terrorist group Hezbollah has moved the northern Israeli war front to a more deadly phase. Starting with the killing of longtime Hezbollah leader, Nassan Nasrallah (believed to be a direct descendant of […]
October 1, 2024 | China Launches Next Wave of Asset Propping Efforts
2024 has seen the most aggressive central bank easing globally since the 2020 pandemic and 2008-09. Whatever ‘stimulus’ impacts may flow from this will filter into the economy over the next few years. In the nearer term, the 22-fold tightening cycle of 2022-2023 will continue to weigh on borrowing and spending ability over the next […]
September 30, 2024 | Housing Downturn Intensifies with Motivated Sellers
Nationally, the supply of new one-family homes in America (shown below since the 1960s) has only been higher in the 2005 housing bubble peak. As more existing homes come on the market from stretched households and investors, home supply is rising in most areas. The median price of a new single-family home fell by 4.6% […]
September 29, 2024 | You Don’t Need a Weatherman To Know Which Way The Wind Blows
Twenty years of schoolin’ And they put you on the day shift Look out kid They keep it all hid Bob Dylan – Subterranean Homesick Blues As we accelerate towards whatever disastrous outcome awaits our debt-ridden, delusional, decadent, despairing society, I seem to be drawn to the anti-establishment lyrics of Bob Dylan, written during the […]
September 28, 2024 | The Trading Desk Notes for September 28, 2024
Traders are more interested in the market’s reaction to news than the news itself. This week’s news flow felt like a tsunami after the dog days of summer, but for the markets I trade, the big news was the monetary and fiscal stimulus in China, the acceleration of Israeli attacks on Hezbollah, and the shift in […]
September 28, 2024 | This Week in Money
- Ross Clark: Stock Markets, Fed Interest Rate Cut, Lithium, Uranium. Special Offer! 25% Off New Annual Subscriptions.
- Eric Hadik: (14:05) 17 Year Cycles, Stock Markets, Currencies, Gold, Silver, Energy, Earthquakes and Volcanoes.
- Mark Leibovit: (42:05) Gold, Silver, BRICS, Digital Currency, Fed Rate Cut. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
September 27, 2024 | China Moves into Panic Mode
China entered full panic mode, announcing stimulus measures to counteract the deflationary impact of weak property prices. But those policies may not be enough to lift the economy to the 5 percent growth target. This week China announced several measures to stimulate demand in a weak economy, a last-ditch effort to meet GDP growth goals […]
September 27, 2024 | Nuclear Energy Back in Vogue
US Consumer Confidence suddenly plunges
September 26, 2024 | WTI Crude Down Over US$1/b On Concerns About China Demand
Weak US and China economic data continue to be the focus of investors. Central Banks in each country have lowered interest rates and in China’s case lowered banks reserve requirements so they can lend more and support companies in need of credit to keep from failing. The urgency of both Central Banks to stimulate their […]
September 26, 2024 | Why Fed Rate Cut Not Positive for US Economy
Is Gold really a safe haven in a market downturn?
September 25, 2024 | Rate Cuts Offer Less Ease Than Many Need
The Federal Reserve finally began an easing cycle last week, and hopes spring eternal that this will be enough to arrest an ongoing deleveraging cycle, shrinking employment, asset deflation, and economic contraction. Time will tell, but the odds aren’t good. Lest anyone forget, central banks aggressively eased monetary conditions throughout the 2007-09 and 2000-03 downcycles, […]