May 15, 2025 | France Proposes 500% Tariff on Russian Oil
The European Union recently implemented its 17th round of sanctions against Russia, in case the first 16 were insufficient. Jean-Noël Barrot, France’s Minister for Europe and Foreign Affairs, would like to take a harsher approach by placing a 500% tariff on anyone purchasing Russian oil. “We must move forward because the current sanctions have not convinced Vladimir […]
May 15, 2025 | Still Room For Gold To Climb Higher
Junior Miners
May 14, 2025 | President Trump’s 90-Day Reprieve On Punitive Tariffs Bounces Stocks & Crude Prices … Temporarily
Summary: US stocks and crude oil prices have lifted on the pause in the tariff war with the US and China lowering tariffs against each other to reasonable levels and starting negotiations for long term fixes. WTI has lifted from US$56/b to US$64/b as fear of global recession seceded. Tariffs have been lowered to 30% […]
May 13, 2025 | Alberta to Separate from Canada?
I am back from my trip to Alberta, Canada. They will separate, and currently the polls show 40% want to leave. I also stopped by to visit the facility of SilverGoldBull operation in Calgary. This is me holding a 400-ounce bar of gold – central bank standard. I was very impressed with their operation. I was given […]
May 13, 2025 | Canadian Unemployment Looking Even More Recessionary
The Canadian unemployment rate rose to 6.9% in April (from 6.7% in March). Outside of the 2020 COVID shutdown, this was the highest level since January 2017 and up 210 basis points from the July 2022 cycle low of 4.8%. This is a warning sign: in past cycles since 1953, we have been six months […]
May 12, 2025 | Housing Downturn Accelerates in April
TRREB is Canada’s biggest real estate board, covering the Greater Toronto Area (area codes 416 and 905, as shown below), which has the largest population concentration in Canada. TRREB just posted April numbers (here); year over year, single-family home sales were down 22%, and condo sales were down 30%. An hour or so in each […]
May 11, 2025 | Trump Magic Losing Its Hold on Investors
[The S&Ps are losing steam after recouping two-thirds of their 1400-point loss in March/April. The stall near 5700 has left them hovering in the danger zone, just like the U.S. economy. Will it skirt recession? I have my doubts, even if price action on the S&P chart on April 7 led me to speculate that […]
May 10, 2025 | Trading Desk Notes for May 10, 2025
Is a long-term rotation out of US assets beginning? The S&P hit all-time highs in February (Trump’s new Golden Era would be American exceptionalism on steroids), then trended lower into early April, down ~9%. Following “Liberation Day” and subsequent “tariff bluster” (which led to tariffs on China of 145%), the S&P plunged to 15-month lows on April […]
May 10, 2025 | This Week in Money
- Ross Clark: Stock Markets, Gold, Oil, USD, Canadian Dollar, Uranium.
- Eric Hadik: (9:20) Stock Market Cycles, Gold, Silver, Bitcoin, USD, Interest Rates.
- Martin Straith: (52:51) US UK Trade Agreement, Trade Wars, Tariffs, Bitcoin, Decentralized Finance. Special Offer!
- Hilliard MacBeth: (1:28:36) Canadian Real Estate, Alberta Real Estate Crash.
May 9, 2025 | Warren Buffett Announces His Retirement
On Saturday, May 3 at a meeting with Berkshire Hathaway shareholders, Warren Buffett shocked the investing world in announcing his retirement as Chief Executive Officer at the end of 2025. Buffett will stay on as Chairman of the board and his replacement will be Edmonton native and current manager of Berkshire’s non-insurance businesses, Greg Abel. […]
May 9, 2025 | Falling Oil Prices Indicate Recession Coming
Alberta to use separatist threats to get more out of Ottawa
May 9, 2025 | Would Lowering Interest Rates Prevent Recession?
Gold trend will predict the direction of the economy
May 8, 2025 | President Trump’s Proposal to Eliminate Income Taxes: Can It Be Done?
In February, President Trump said that tariffs would generate so much income that Americans would no longer need to pay income taxes. The latest plan, according to U.S. Commerce Secretary Howard Lutnick, is to abolish income taxes for people who earn less than $150,000 yearly. That move would affect roughly 75% of workers, according to U.S. […]
May 8, 2025 | Chemtrail Battle, Cancer Doctors, Underground War
China Control of Canada and the US vs. President Trump
May 8, 2025 | Expect Stock Markets to Rally Over Short Term
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May 7, 2025 | Next Stock Market Decline To Set Up Bargain Window For Energy Stocks
Trump Tariffs are getting the most attention for deals (White House optimism) with 15 countries before the end of the 90 day window and no deals have yet come to fruition. Japan and Korea were expected to be first but changes in the political leadership in each country is delaying any deals. This would be painful […]
May 6, 2025 | Wuhan Virology Lab Continues Gain-of-Function Research on Coronaviruses
(The Wuhan Institute of Virology) America will no longer fund gain-of-research studies, thanks to an executive order implemented by Donald Trump that “will drastically reduce the potential for lab-related incidents involving gain-of-function research, like that conducted on bat coronaviruses in China by the EcoHealth Alliance and Wuhan Institute of Virology.” As a reminder, the Wuhan […]
May 5, 2025 | Amish Win Battle Against Canadian Govt Over COVID Regulations
The Amish had an extremely low rate of COVID infections, as well as for most diseases that infect modern societies. Regardless, the Canadian government is continuing to harass this community for failing to abide by COVID-era regulations. In particular, the Canadian government is demanding that the Amish community pay for non-compliance with the federal […]
May 4, 2025 | Four Weeks Off Bottom, Stocks Enter ‘Danger Zone’
[We are coming up on a month since I blew ‘Taps’ for a bear market that supposedly was just starting. There was panic in the air that Sunday because America’s enemies in Brussels were dumping T-Bonds in an attempt to crash the market. They were intent on forcing Powell to ease, but their plan failed […]
May 3, 2025 | Trading Desk Notes for May 3, 2025
The 180-degree turn in market sentiment from bearish to bullish has been sustained, powering the S&P higher for nine consecutive days The S&P was down ~22% at the April 7 lows (blue ellipse) following “Liberation Day” and subsequent tariff escalations. Two days later, Trump “paused” many of the tariffs to allow for “trade deals” to be […]
May 3, 2025 | This Week in Money
- Ross Clark: Stock Markets, Gold, Uranium, USD. Special Offer! 25% Off New Annual Subscriptions!
- Martin Armstrong: (11:57) Canadian Election, Alberta Separation, Gold, USD, Recession.
- Rick Ackerman: (57:39) Trump Administration, US Economy, Gold, Cryptocurrencies, AI.
May 2, 2025 | Canada Inevitable Split East and West
All my sources have been singing the same song. Carney won by creating hatred of Donald Trump, for this was a strategy carried out for the sole purpose of moving away from the USA and aligning with the EU. Even when Carney first became PM, he went to the EU, not to Washington. He is […]
May 2, 2025 | How Will Canada’s Economy Fare Under Carney?
The real stock market shake out likely this fall. Special Offer! 25% Off New Annual Subscriptions!
May 1, 2025 | Next General Stock Market Decline Underway. Energy Stocks Likely To Reach Table Pounding BUYS Again In Late May
The Canadian Federal election resulted in a minority Liberal government that will need legislative support from the Bloc. Its leader has said he would support the new government for a year if the Liberals spend $2B more in Quebec. Is this for housing, the high speed train between Montreal and Quebec City or more generous […]
May 1, 2025 | Silver Overlooked in Rush to Buy Gold
US Economy not in trouble because the rich are still spending