February 29, 2024 | Cycles: Dow, Gold, US Dollar, Presidential

Real US Economy, Dot Com Bubble

February 28, 2024 | OPEC Discussing Extending Its Production Cuts For One More Quarter Lifts Crude Prices Modestly

GLOBAL ECONOMIC, POLITICAL & MILITARY UPDATE Mixed economic data in the US continues with some data showing a slowing economy but others indicating inflation reversings to the upside. This stagflation pivot is not what the bond and stock market want to see. Forecasters are now indicating that the first cut would occur in June only […]

February 27, 2024 | The Most Splendid Housing Bubbles in America, Feb 2024 Update: 20-City Index Drops for 2nd Month from Double-Top. Biggest Price Drops from 2022 Peak: San Francisco, Seattle, Portland, Denver, Phoenix, Las Vegas, Dallas, San Diego

The overall home price index for the 20 metros that today’s S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.6% from the prior month, the second month in a row of declines. The index formed a double-top with the first peak in June 2022 and the second peak in October 2023. The close-up of the […]

February 26, 2024 | Murder and Rape Legal for Lawless Migrants

  Laken Riley was a 22-year-old student on the Dean’s List at the Augusta University’s College of Nursing in Athens, Georgia, with a bright future ahead of her. She went for a run on a popular trail during the day and never returned home. Her body was found discarded in the woods and investigators, Democrat […]

February 25, 2024 | The Fallacy of the Wall of Worry

So much for the wall of worry!  Optimists and visionaries supposedly climb it while ignoring troublesome signs that leave most investors on the sidelines, paralyzed with fear. Last week, as soaring shares of Nvidia tugged stocks higher around the world, speculators swarmed the wall like cockroaches gorging themselves on dried beer, glue and animal feces. […]

February 24, 2024 | Trading Desk Notes For February 24, 2024

The most important stock in the world NVDA market cap soared >$300 Billion on Thursday (day session and aftermarket) to >$2 Trillion. This was the largest ever one-day market cap gain by an individual stock. The increase was equivalent to over TWICE the market cap of RBC, the largest stock on the TSE.   The rally […]

February 24, 2024 | This Week in Money

• Ross Clark:  Stock Markets, High Tech, Gold
• Danielle Park: (8:58) Interest Rates, Inflation, Real Estate, Economy
• John Rubino:  (40:49) Inflation, Economy, Gold

February 23, 2024 | China Could Be The World Leader in Nuclear Power by 2030

China is growing its nuclear power generation capacity. Already the world leader in solar and wind, China threatens to take the lead in one of the most talked-about clean energy formats, nuclear power. Will China pass the U.S. and France in generating electricity from nuclear fission? China has announced aggressive targets for nuclear power generation […]

February 23, 2024 | Attention Shoppers, Gold on Sale in Aisle Five

Institutional investors shun green agenda

February 22, 2024 | Locked and Loaded

We have now reached the point in silver (and gold) where it is difficult for me to see how prices don’t quickly explode. Everything I look at, from a physical supply/demand perspective to the paper positioning set up on the COMEX, tells me we are at the point where only an upward price surge makes […]

February 22, 2024 | Stock Market Way Too Focused on Interest Rates

Has the heat gone out of Uranium? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

February 22, 2024 | The Latest from Miami Mines and Money Show

Mandated government decisions usually the wrong decision

February 22, 2024 | A Tale of Two Cities for Canadian Energy

Slowing EV sales give new hope to fossil fuel investment

February 21, 2024 | Mortgage Rates Rise Back to 7%, Housing Market Re-Freezes, Buyers’ Strike Continues. Prices Are Just Too High

The average conforming 30-year fixed mortgage rate rose to 7.0% in the latest week, according to the Mortgage Bankers Association today. The daily measure by Mortgage News Daily has been over 7% for days. These are the highest rates since mid-December, when they were on their way down. Mortgage rates had been flirting with 8% […]

February 21, 2024 | Inflation Dropped in Canada – So Why is the Cost of Living Unaffordable?

  Statistics Canada reported that inflation slowed in January to 2.9%, beating expectations of 3.3%. So why are Canadians still struggling to afford basic necessities like rent and food? Mortgage interest costs remain the top noted driver of inflation after rising 27.4% YoY, while rentals increased 7.9% during the same period. Bank of Canada governor […]

February 20, 2024 | The Ruse of Bitcoin & Crypto

BlackRock CEO & World Economic Forum Trustee Board Member Larry Fink Turns Bullish on Bitcoin Larry Fink has changed his tune on crypto, saying suddenly it could “revolutionize finance,” endorsing an industry he once viewed with skepticism. Of course, as a board member of Scwab’s WEF, the crypto zealots cheered. Still, they think that Bitcoin […]

February 19, 2024 | No Reply

There has been no reply from the CFTC for 13 weeks to a question I posed through my congressman’s office about double-counting of silver inventories. However, two days ago my congressman’s office told me that the agency intends to respond although the office couldn’t say when. As a result, I still expect a response, although […]

February 18, 2024 | The Coming Crash of Bigness

[Globalism has peaked, says my colleague James Howard Kunstler, and with it a trend toward corporate bigness that has all but extinguished quality and vitality from the marketplace.  Bloated corporatism is about to come crashing down, he says, in a process of creative destruction that will allow us to rescale the economy so that it better […]

February 17, 2024 | The Fallout from The Extreme Left’s Judge Engoron Destroying NY City

  Justice Arthur F. Engoron represents the vile, disgusting degree of the completely out-of-control judicial system in New York City. It has been people like him throughout history that spark revolutions. I have warned that New York is the most unconstitutional judicial system on the face of the earth, and it really should be shut […]

February 17, 2024 | Trading Desk Notes For February 17, 2024

Leading US stock indices lose upside momentum The DJIA, S&P and the NAZ made new All-Time Highs this week but closed lower on the weekly charts. NDVA continued to rally this week, up 53% YTD, up 224% in the last 12 months, and now has the 3rd largest market cap (after MSFT and AAPL) of all US […]

February 17, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Oil, USD, Canadian Dollar. Special Offer!
• Victor Adair:  (12:51) Stock Markets, Currencies, Energy
• Robert Campbell: (45:03) Real Estate

February 16, 2024 | Commercial Real Estate Slump in U.S. Could Trigger a Crisis

Commercial real estate is a major asset class for businesses, institutional investors, and banks. For decades, most lenders were eager to accept commercial real estate as collateral for loans. Also pension plans and insurance companies regarded properties like office towers as safe, long-term investments. But doubts are appearing over the quality of those holdings with […]

February 16, 2024 | Bad Loans Mount in ‘Greatest Real Estate Crisis Since The Financial Crisis’

The credit cycle is alive and well. But credit cycles typically move with multi-quarter time lags, and that’s longer than the attention span of most. Moreover, massive government subsidies slowed the monetary impacts more than average this time. Nevertheless, twenty-three months since this epic tightening cycle began, wheels are coming off all around for those […]

February 16, 2024 | Are Toppy Markets Heading for a 1929 Like Crash?

Is a huge drop in US consumer spending a concern?