June 24, 2024 | Mindless Capital Allocation Leads to Bad Investment Outcomes

Mindless capital allocation leads to wasted resources and bad investment outcomes. We’ve just come through a decade of some of the dumbest financial choices in history–that’s been very expensive. In the midst of a housing supply crisis, thousands of condos in Canada’s largest cities are sitting empty. Most, experts say, are less than 500 square […]

June 23, 2024 | ‘Strong Economy’ Is a Dirty Lie

The disconnect between tight Fed policy and a U.S. economy on the brink of recession is growing more unsettling every day. A key question is which economy we are talking about, since there are two distinctly different ones that Fed actions can affect. The first is the economy of consumer goods and services. It is […]

June 22, 2024 | Trading Desk Notes For June 22, 2024

NVDA goes to the top of the market cap leaderboard The total market cap of NVDA, MSFT, and AAPL is now over $10 trillion. NVDA, MSFT, GOOGL, AMZN, and META collectively are up ~45% YTD, representing ~25% of the S&P market cap and ~60% of S&P YTD gains (NVDA alone accounts for ~35% of the […]

June 22, 2024 | This Week in Money

• Ross Clark: Stock Markets – Record Highs, Gold, Silver, Oil.   Special Offer! 25% Off New Annual Subscriptions.
• Eric Hadik:  (11:57) Trading Cycles, Interest Rates, Bonds, Gold, Silver, USD.
• John Rubino: (37:58) BRICS, USD, Digital Currency, Gold, Commercial Real Estate.

June 21, 2024 | Massive Glut in Solar Panel Supply Pushes Prices Lower

Growing China-based production of solar panels and other key components ensures that a massive supply glut will arrive in 2024. Prices for solar panels are plummeting in most world markets, but the U.S. consumer will pay substantially higher prices. According to Bloomberg BNEF, China-based manufacturers continue to build new capacity beyond the level of expected […]

June 21, 2024 | Home Sales Sag Further, Hit by Mortgage Rates. Price Cuts & Active Listings Surge. Median Price Skewed by Surge in High-End Sales

Still dogged by mortgage rates milling around in the 7% neighborhood, and by people’s urge to wait for lower mortgage rates before buying, sales of existing homes of all types – single-family houses, townhomes, condos, and coops – fell further in May from April on a seasonally adjusted basis, to an annual rate of 4.11 […]

June 21, 2024 | Is Copper Really in a “Super Cycle”?

The Fed a Bunch of Ineffective Paper Pushers

June 20, 2024 | Canadians Want Trudeau OUT

  Canadians have long been done with Prime Minister Justin Trudeau and his oppressive regime. The tides for Trudeau turned in a major way during the coronavirus pandemic when he did all in his power to take away the rights of Canadians. Since then, he has forgone domestic interests in favor of the globalist cabal. […]

June 20, 2024 | Why BRICS Move to Gold Backed Currency Good for Canada

Is the BRICS Gold backed digital currency a threat to the US Dollar?

June 20, 2024 | Summer Solstice Appears to be Affecting Markets

BRICS serious about taking on US Dollar.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

June 20, 2024 | Markets Setting Up for a Critical Turn

Will the US Dollar survive a BRICS digital Gold backed currency?

June 19, 2024 | Canadian Financial Weakness Stands Out

The unemployment rate and bankruptcies are surging. Here is a direct video link. Canadian corporate bankruptcies are +93% year over year (shown below since 2014). While the Canadian stock market has gone nowhere since November 2021…

June 18, 2024 | Silver Market Manipulation Adversary Ted Butler Dies

Friends confirmed tonight that silver market analyst Ted Butler, who exposed and became the scourge of silver market manipulation for almost three decades, died Saturday. Butler lived in Florida and wrote about silver market manipulation since 1996. In 2009 he formed Butler Research LLC and began publishing a subscription newsletter. He often scolded the U.S. […]

June 18, 2024 | Why Does the Government Borrow When It Can Print?

In the first seven months of Fiscal Year (FY) 2024, net interest (payments minus income) on the federal debt reached $514 billion, exceeding spending on both national defense ($498 billion) and Medicare ($465 billion). The interest tab also exceeded all the money spent on veterans, education, and transportation combined. Spending on interest is now the […]

June 17, 2024 | The Most Splendid Housing Bubbles in Canada, May 2024: Prices Drop Further, -14.4% from Feb 2022 Peak, -2.4% YoY, back to Sep 2021. Spring Rally Dud

Home prices in Canada edged down 0.2% in May from April, the ninth month in a row of declines, seasonally adjusted, according to the Composite MLS Home Price Index from the Canadian Real Estate Association (CREA) today. Condo prices fell faster than single-family prices. From the peak in February 2022, the index is now down […]

June 16, 2024 | Short Squeeze Blows the Roof Off Stocks

Last week’s rabid short-squeeze punctured bull-market targets I’ve been drum-rolling for months in Microsoft, Apple and QQQ. Moreover, the bullish look of the S&P 500 chart shown above is so clear and compelling that even the most stubborn permabears will need to make room for more upside to at least 6118, a nearly 13% rally […]

June 15, 2024 | This Week in Money

• Ross Clark: Stock Markets, Apple, Nvidia, Oil, Cocoa.  Special Offer! 25% Off New Annual Subscriptions.
• Victor Adair:  (11:19) Currencies, Gold, Copper, Interest Rates, Inflation
• Josef Schachter: (41:20)  Petroleum, OPEC, Oil Prices, Natural Gas
• Tony Mitchell: (79:30) Director of Marketing at RecycLiCo™ Battery Materials on Company Showcase – The Future For Lithium-ion Battery Recycling is Bright. Weathering the current EV storm. Read IEA Article – “Trends in Electric Cars – Global EV Outlook 2024“.  Read The Cool Down Article – “‘Black Mass Emerges as Hot Commodity Amid Expanding Interest in EVs and Battery Recycling — But Regulations Pose Hurdles“. View RecycLico’s Company Presentation.

  Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“.

  Watch – We upcycle cathode scraps and black mass into higher-value battery materials!

  Video  – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada.

  Questions?  Email or Phone: 778.574.444

June 15, 2024 | Tech Talk for Saturday June 15th 2024

The Bottom Line Investors responded to encouraging U.S. economic news last Wednesday. Core May Consumer Price Index on a year-over-year basis dropped to 3.4%, extending an intermediate downtrend. U.S. equity indices moved higher on the news: the S&P 500 Index and the NASDAQ Composite Index jumped to all-time highs in anticipation of a lower Fed […]

June 14, 2024 | Why is 2% Inflation so “Magical”?

South Korea now has Gold vending machines

June 14, 2024 | The Canadian Housing Bubble Needs To Burst

Real residential house prices in Canada have grown by more than four-fold since 1970. This means that house prices have grown much faster than inflation, and housing unaffordability is extreme compared to the past and other countries like the U.S. Can the housing market in Canada be fixed? This chart shows prices indexed to 100 […]

June 13, 2024 | IMF Digital Currency to Replace the Dollar

Years ago, when I wrote that Bitcoin was created by the CIA/NSA, some Bitcoiners attacked me and insisted that Satoshi Nakamoto was the creator of Bitcoin.  Yet someone who created such a product never stepped forward and would have been a billionaire on royalties. But this fictional character was not much different than Lee Harvey […]

June 13, 2024 | The Future For Lithium-ion Battery Recycling is Bright

Weathering the current EV storm. Read IEA Article – “Trends in Electric Cars – Global EV Outlook 2024“. Read The Cool Down Article – “‘Black Mass Emerges as Hot Commodity Amid Expanding Interest in EVs and Battery Recycling — But Regulations Pose Hurdles“. View RecycLico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske […]

June 13, 2024 | Stock Markets Using Confusion To Go Higher

AI reliability questionable

June 13, 2024 | Will the Fed do Multiple Rate Cuts This Year?

Is the Canadian Real Estate market about to burst?