May 30, 2024 | Why Younger Adults Won’t Invest in Precious Metals

Chinese stock market picking up

May 30, 2024 | Markets in Danger of Major Slippage

Which stock is the bell-weather for the markets?

May 29, 2024 | The Most Splendid Housing Bubbles in America, April 2024 Update. Biggest Price Drops from 2022 Peak in San Francisco, Seattle, Phoenix, Portland, Denver, Las Vegas, Dallas

The S&P CoreLogic Case-Shiller Home Price Index, released today and dubbed “March,” is a three-month moving average of home prices whose sales were entered into public records in January, February, and March. So that’s the time-frame we’re looking at here. It reflects Rate-Cut Mania that commenced in November and peaked February 13, when the first of three […]

May 28, 2024 | Commodities Trade Differently

All commodities, including gold, trade substantially differently than stocks or real estate. Pictured here is wheat back to 1200. Note that you see what appears to be a brain wave. Commodities trade differently because they are subject to nature. Manufactured items can be produced on a more regular basis. However, commodities are subject to weather, […]

May 27, 2024 | Hoping for the Cut

Happy monday morning! The Bank of Canada got the news they needed ahead of their rate announcement on June 05. CPI inflation decelerated to 2.7% year-over-year in April, down from 2.9% in March, and remaining below the upper end of the Bank of Canada’s 1% to 3% target range for the fourth consecutive month. The […]

May 26, 2024 | Artificially Intelligent

When new inventions turn into market frenzies, the contrarian part of me wants to be skeptical. But the optimistic part of me wants it to be true, especially when the idea promises to change life for the better. Reality is usually somewhere in between. And that, I suspect, is where the current artificial intelligence frenzy […]

May 25, 2024 | Trading Desk Notes For May 25, 2024

Divergence: while NVDA soared on Thursday, all 30 stocks in the DJIA closed lower on the day (for the first time in 2024) NVDA’s quarterly report on Wednesday was expected to be good. Still, the possibility of it being “less bullish than expected” likely sidelined many bullish traders ahead of the release date because it […]

May 25, 2024 | This Week in Money

• Ross Clark: Stock Markets, Nasdaq, S&P, Nvidia. Special Offer! 25% Off New Annual Subscriptions.
• Eric Hadik: (12:10) Markets Cycles, Interest Rates, US Dollar, War.
• Tim Wood: (43:17) Inflation, Supply Chain, Gold, Silver, Copper, Real Estate.
• Tony Mitchell: (1:19:56) Director of Marketing at RecycLiCo™ Battery Materials Inc. – on Company Showcase –  Working with The Right People in Lithium-ion Battery Recycling is Key. How to turn a smelter into a highly efficient battery recycling operation.  Read Kallanish Commodities Article – “North America Readies for ‘New Black Gold’ Recycling Opportunity“. Read Camas-Washougal Post-Record Article – “EV Battery Recycling Requires Herculean Effort“. 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: 778.574.4444

May 24, 2024 | NVIDIA Could Be The Most Important Stock on The Planet

NVIDIA, the computer chip and artificial intelligence company, announced excellent results this week, pushing the stock to new highs. The company’s share price has tripled from a year ago, making NVIDIA worth $2.5 trillion. Stock traders were pleased with the optimistic outlook expressed by the CEO. Is Nvidia the single most important stock on the […]

May 24, 2024 | US Consumers Joining China in Gold Buying Spree

The markets now reflecting stagflation

May 23, 2024 | Working with The Right People in Lithium-ion Battery Recycling is Key

How to turn a smelter into a highly efficient battery recycling operation. Read Kallanish Commodities Article – “North America Readies for ‘New Black Gold’ Recycling Opportunity“.  Read Camas-Washougal Post-Record Article – “EV Battery Recycling Requires Herculean Effort“. View RecycLico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A […]

May 23, 2024 | Home Sales Whacked by Mortgage Rates. Active Listings & Price Reductions Jump to Highest in Years. But Sales of High-End Homes Surge

Sales of existing homes of all types were still dogged by the 7% mortgage rates, but a shift has been taking place that took amplitude in April: Many more higher-end homes came on the market and sold, while fewer mid-range homes sold. This shift impacted all kinds of metrics, from inventory for sale to the […]

May 23, 2024 | Shipping Container Shortage Could Fuel Inflation

Possible impact of US banning Russian uranium. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

May 22, 2024 | US Stock Build Adds To Downside Price Pressure – A Breach of US$75/B is Likely in the Near Term

Market bulls lifted the Dow over 40,000 last week but worries about interest rates and Treasury record refundings have pulled it back to 39,800, a still overvalued level. Everyone is waiting on the market’s Santa Claus ‘Nvidia’ to show steller new AI products and record profits to give the M7 bulls another reason to push […]

May 21, 2024 | Klaus Schwab is NOT Leaving the WEF!!!!!!!!!!!!!!!!!!!!

  Let me explain something. Klaus Schwab is NOT retiring, nor is he leaving the WEF. Because of all the toxic hatred hurled at Schwab personally, he has only stepped down from the executive position. That is no different from the Chairman of a Board, who is also the CEO, steps down from only the […]

May 20, 2024 | US Consumer Sentiment Reaches 6-Month Low

  Consumer sentiment is continuing its decline amongst Americans. The University of Michigan’s survey monthly survey revealed sentiment fell to a six-month low of 67.4 in May, down from 77.2 in April. Inflation is the primary reason for the loss in confidence, followed by interest rates and geopolitical issues. Incoming data would lead one to […]

May 19, 2024 | Silver Eager to Settle a Score

The white-collar thieves who manipulate bullion appear to be losing their grip. Silver bulls have long wondered how prices could languish even when demand for physical appeared to overwhelm dealer supplies. Blame paper proxies for precious metals, since many if not most investors would rather store and swap the stuff in virtual form than pay […]

May 18, 2024 | Trading Desk Notes For May 18, 2024

Gold and copper hit all-time highs this week; silver rallied to 12-year highs June Comex gold futures closed at an all-time high on Friday at ~$2,420, up ~$80 from Monday’s low. The Gold Miners ETF closed at a two-year high. Comex copper rallied above $5 a pound to close higher than the previous record set in March 2022 […]

May 18, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Dow, Meme Stocks, Gold, Silver, Oil, USD, Canadian Dollar
• Victor Adair: (12:08) The Fed, Interest Rates, Inflation, Metals, Gold, Silver, Copper
• John Rubino: (41:44) Japan, Silver

May 17, 2024 | The Biden Tariffs Against China Imports are a Mistake

The Biden administration has announced increased tariffs on goods imported from China in several categories, including electric cars, batteries and solar panels. The announcement cites “China’s unfair trade practices” especially in technology transfer, intellectual property and innovation. Will these tariffs achieve Biden’s goals? The tariffs are designed to protect American workers and businesses from China’s […]

May 17, 2024 | The Most Splendid Housing Bubbles in Canada: Spring Rally Fizzles, Prices -14% from Peak in Feb 2022, Below Sep 2021

Home prices in Canada were unchanged for the second month in a row in April from March, after a series of declines, seasonally adjusted, according to the Composite MLS Home Price Index from the Canadian Real Estate Association (CREA) on Wednesday, as prices of single-family houses inched up 0.1% for the month, while condo prices […]

May 17, 2024 | It’s Getting Harder to Get Physical Silver

Why isn’t the price of crude much higher?

May 17, 2024 | Bond Vigilantes Hard at Work

How long can Dow keep hitting record highs?

May 16, 2024 | Energy Evolution Booming for Economic Reasons

Despite naysayers who continually miss forests for trees, energy technology is rapidly evolving globally and “S” curve adoption is proceeding apace. With a shrinking population and rising unemployment, China sees the imperative of improving efficiency and lowering operating costs through technology. To this end, the country is leading the world in the production of electric […]