May 1, 2025 | Might be the Time to Buy Gold Dip

Who will blink first, China or the US?

April 30, 2025 | Rocks and Hard Places Leave No Easy Out

This morning, the first quarter 2025 US GDP estimate disappointed with a -0.3% annualized contraction (vs. -0.2% annualized estimate). At the same time, US consumer confidence surveys show future expectations at a 14-year low (below via Bloomberg, see US consumer confidence slumps). All three expectation components — business conditions, employment prospects, and future income — deteriorated […]

April 29, 2025 | US Imports from China Plunge

Gene Seroka, Port of LA executive director, joins ‘Squawk Box’ to discuss the impact of tariffs on U.S. imports and shipments, impact of new tariffs on Chinese goods on shipments from China, tariff impact on retailers, and more. Here is a direct video link. It takes about 30 days for container shipments to go from China […]

April 28, 2025 | Carney Wins Canada & the Recession into 2027 Begins

I have never witnessed such outright lies by a candidate as Carney. But hey, it has worked. With the votes in from the East, giving the Liberals 150 seats out of 343 so far, there is no way the Conservatives will get a majority. Our model provided three numbers for the Liberals: 41.25, 45.40, and […]

April 27, 2025 | Insanely Bullish Forecast Survives Yet Another Week

[My prediction three weeks ago that the bear market had seen its worst seemed crazy at the time — particularly to me, because I’m an inveterate permabear.  However, last week, bulls distanced themselves further from the low of the mini-crash that occurred when tariff  panic was in the air.  I’d said the selling would take […]

April 26, 2025 | Trading Desk Notes for April 26, 2025

Markets hit “peak uncertainty” on Monday and then reversed dramatically! The US Dollar, bonds and stock markets closed near their lows on Monday, while gold closed at all-time highs. Volatility metrics were high, and it was beginning to look like the existential risks surrounding the recent “Sell America” sentiment were producing a “capital flight” away […]

April 26, 2025 | This Week in Money

• Ross Clark:  Stock Markets, Gold, Silver, Oil, Uranium. Special Offer! 25% Off New Annual Subscriptions!
• Allan Angell:  (11:45) Real Estate
• Frank Stronach:  (34:20) Canada’s Economy.

April 25, 2025 | The Next U.S. Recession will Hit the Stock Market Hard

A recession in the U.S. is coming soon, if it has not started already. Uncertainty over the impact of higher tariffs is causing business leaders to hesitate, triggering an investment pause. Consumers are on hold with their spending plans. Government spending cuts add a negative impulse to demand. How will this recession impact the stock […]

April 25, 2025 | Market Forces Beyond Control of the Fed

Will Canada ever get rid of inter-provincial trade and labour barriers? Special Offer! 25% Off New Annual Subscriptions!

April 24, 2025 | Silver Holding Up as Gold Loosens Grip

Copper and other metals picking up

April 24, 2025 | Zelensky Refuses Any Peace Deal Taking Orders from EU & NATO – War Forever

Donald Trump berated Zelenskyy on April 23, after he said Ukraine would not legally recognize Russian control over Crimea. He said he will not accept ceding any territory, even though this is against the Minsk Agreement that was supposed to allow the Donbas to vote on separation, since they are Russians who have lived there […]

April 23, 2025 | WHO Finalizes Pandemic Treaty

The World Health Organization (WHO) has been scheming to finalize the Pandemic Treaty to ensure global cohesion during the next pandemic. Over 190 member nations have agreed to surrender sovereignty in the name of public health, permitting an unelected organization of individuals to detail how they will respond to the next round of government imposed […]

April 23, 2025 | Next Low Risk BUY Window For Energy Stocks Expected In May As WTI Retreats Below US$60/b.

US stocks are now rebounding from the nasty fall from 45,100 in The Dow Jones Industrials Index (in late January 2025) to 36,600 (in early April 2025) as tariff news is less alarming. As more US companies visit the White House and talk of the damage the announced tariff rates would hurt their businesses and […]

April 22, 2025 | 112 Year Cycle of Progressivism In Canada As Well

Canada future-lives-social-mobility-en The fragmentation of Canada is bubbling beneath the surface, as we see in the United States as well as in Europe. There is a huge divide between LEFT and RIGHT politics, and never since the late 19th Century to the 1920 period has there ever been such a stark political divide. There was […]

April 22, 2025 | Defy, Deny, Defund, Depot, Destroy

I must have dreamed a thousand dreams Been haunted by a million screams But I can hear the marching feet They’re moving into the street Now, did you read the news today? They say the danger has gone away But I can see the fire’s still alight They’re burning into the night     There’s […]

April 21, 2025 | Cashing out of America is Hard on Everyone

Erratic announcements from the Trump administration continue to spook an exodus of capital from asset markets. This morning, the trend intensified following Trump’s latest threats to fire the Federal Reserve Chairman for failing to lower the US overnight rate fast enough. In a speech last week, Fed Chair Powell reiterated concerns that the US core […]

April 20, 2025 | Canadian Tourism to US Plummets

  Numerous nations have issued unofficial travel advisory warnings to deter citizens from traveling to the United States under Donald Trump. The tensions between the US and Canada have been particularly bad for tourism. Statistics Canada reported a 23% decline in trips via car from the US this February, marking the second consecutive monthly decline, […]

April 19, 2025 | Trading Desk Notes for April 19, 2025

The Bull in the china shop = uncertainty, volatility & capital flight The US Dollar Index has fallen ~10% since Inauguration Day (blue ellipse) to the lowest level in nearly three years. Gold has rallied ~$600 (~22%) since Inauguration Day to all-time highs. The Gold Monitor: Gold is surging as the US Dollar falls.. The S&P is […]

April 19, 2025 | This Week in Money

• Ross Clark:  Stock Markets, AI, Magnificent Seven, Gold.  Special Offer! 25% Off New Annual Subscriptions!
• Victor Adair: (16:50) Market Volatility, USD, Bonds.
• Rick Ackerman:  (40:14) Manufacturing, Canada 51st State.
• Josef Schachter:  (59:49) Energy, Tariffs, Canada’s Heavy Oil.

April 18, 2025 | Powell Warns of Stagflation

Socrates has honed in on 2025 becoming a year of great stagflation in the United States. The Federal Reserve has finally admitted that the data is undeniable—the United States will experience stagflation.   The economy is declining but prices are rising. Most understand inflation, especially in the post-COVID world, but few understand stagflation. Stagflation is […]

April 17, 2025 | Britain Ensuring It Will Join the European Great Depression into 2028

  While the press bashes Trump over the tariffs and trade war, they continue to ignore the facts and will always take the opposite position from Trump. If Trump said he wanted everyone to live an extra 5 years to help the economy because of declining birth rates, the Press would advocate mass suicide like […]

April 17, 2025 | Gold May Be Over Bought…For Now

Oil is bouncing higher

April 17, 2025 | Will Gold Stocks Eventually Catch Up to Bullion?

Market gyrations could be even worse this fall.  Special Offer! 25% Off New Annual Subscriptions!

April 16, 2025 | Expect Near Test Of Last Week’s WTI Low of US$56.06/b. This Should Provide Great Buying Opportunity For Energy Investors.

Products in stock are being bought aggressively by global consumers as they buy what they think will cost much more in the coming months once tariffs hit. Auto lots for new and used cars, electronic products and imported goods are seeing the strongest interest. Tariff negotiations between the US and over 75 countries are progressing […]