October 6, 2023 | A Collapse in Bank Lending is Ominous
A collapse in bank lending is damaging for the economy, as growing credit is the most important fuel of modern economic systems. Without an annual increase in debt outstanding, a recession becomes almost inevitable. Will the current downturn in bank lending to commercial and industrial clients trigger a recession? Commercial and industrial lending peaked in […]
October 6, 2023 | RecycLiCo™ Battery Materials Inc. CEO Discusses Recent Visit to Taiwan and Many More Company Updates
Read October 5, 2023 News. Read October 4, 2023 News. 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
October 6, 2023 | Are We Shifting to a Celebrity Based Economy?
The outlook for Gold this month
October 5, 2023 | Shortage, Indeed
This week, a subscriber asked me to summarize the facts supporting my claim that silver is in a pronounced wholesale physical shortage. For one thing, there was the persistent, large physical turnover of silver in the COMEX warehouses for more than 12 years. This movement has now come to include the silver ETFs. This turnover […]
October 5, 2023 | Pull It!!!
“The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the […]
October 5, 2023 | Can We Expect a Short Term Market Rally?
The picture for Gold is not as rosy as people want
October 4, 2023 | JP Morgan Predicts A Housing Market Crash
Here’s a quick video explaining how soaring interest rates always and everywhere break the housing market. To summarize: A tsunami of homes for sale is about to swamp the tiny number of buyers who can afford 7% mortgages, leading to a precipitous drop in home prices. And of course mass bankruptcies in related industries. If […]
October 3, 2023 | “The Great Taking”: How They Can Own It All
’You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place to technically enable that to happen.” [Oct 2 interview titled “The Great Taking: Who Really Owns Your Assets?”] The derivatives bubble has been estimated to exceed one quadrillion dollars (a quadrillion is […]
October 2, 2023 | Deputy Prime Minister Chrystia Freeland is on the WEF Board of Trustees
Deputy Prime Minister Chrystia Freeland is officially a member of the World Economic Forum’s Board of Trustees. Klaus Schwab meant it when he said he had infiltrated cabinets across the globe. They are not even trying to hide the corruption. When I mention that Canada is on track for the Great Reset, I am not […]
October 1, 2023 | Chart of the Decade
The monthly mortgage payment (P&I) for purchases of the median priced existing U.S. home (NAR) with a 20% down payment & average 30-year mortgage rate was $2,351 in August 2023 – up 140.6% since March 2020. The average hourly rate for all U.S. employees (BLS) has risen 21.7% since March 2020. Here in […]
September 30, 2023 | Trading Desk Notes For September 30, 2023
August/September: Bond yields, USD and Crude oil sharply higher, stocks and gold down The yield on the long bond soared from ~3.9% on the mid-July Key Turn Date to ~4.8% (a 16-year high) on Thursday. Bond prices fell as yields rose. The US Dollar Index rallied ~7% from the mid-July KTD, rising for 11 consecutive weeks. This […]
September 30, 2023 | This Week in Money
- Ross Clark: Stock Markets, Gold, USD, Canadian Dollar. Special Offer! Receive 25% Off New Annual Subscriptions
- Martin Straith: (11:05) High Tech Stocks, Gold, Oil, Recession. Special Offer!
- Wolf Richter: (47:53) Interest Rates, Auto Sector, Stock Markets
September 29, 2023 | Extremely Low Rates Triggered a Mania Like the Tulip Bulb Story
History will judge that the long period of low interest rates, which endured from 2009 to early 2022 was a colossal mistake. Investors piled into fixed income assets that were extremely overpriced based on rates close to zero. And now most assets that are sensitive to rates are repricing sharply downward. Last week we saw […]
September 29, 2023 | What is a “Normal” Interest Rate?
Russia cutting fuel exports due to domestic shortages
September 28, 2023 | China’s Housing Bust Spreads
Shares in the Chinese property firm Evergrande have fallen as problems in the country’s struggling housing market deepen – affecting the wider economy. Its mainland unit Hengda Real Estate has defaulted on 4bn yuan (£449m; $547m) of debt, it revealed on Monday. The BBC’s Analysis Editor Ros Atkins examines the background to the current crisis. […]
September 28, 2023 | How to Protect Investments With Unpredictable US Government
Defensive stocks to check out. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
September 28, 2023 | The Odds of Another US Interest Rate Hike
The debate over the diminishing role of the US Dollar
September 28, 2023 | How Long Can Energy Stock Surge Last?
Could Gold Miners be ready for a market boost?
September 28, 2023 | OPEC’s Production Cuts Unsustainable
Uranium gaining because wind and solar power are flops
September 27, 2023 | The Most Splendid Housing Bubbles in America, September Update: Spring Bounce Fades. 20-City Index -0.6% from Peak in 2022, Flat Year-over-Year
The S&P CoreLogic Case-Shiller Home Price Index, released today, for the 20 metros it covers ticked up 0.6% in July from June, the smallest month-to-month increase since February, continuing the trend of ever-smaller month-to-month increases following the powerful bounce in the spring, when three months in a row, the month-to-month jumps were 1.5% or higher. Compared […]
September 26, 2023 | Real M2 Money Stock
The record y/y decline in M2 is just a correction within the rising trend.
September 25, 2023 | Zelensky and Trudeau Give Nazi Standing Ovation
Is the propaganda working yet? Do you believe the West is really the good guy here? Ukraine and Russia continually point the finger and accuse the other of supporting Nazis. Well, jet-setting Zelensky recently visited Canada’s Parliament where they invited a literal former Nazi from World War II to speak. Yaroslav Hunka, former 14th Waffen […]
September 24, 2023 | One Last Turn of the Screw, then REAL Pain
The bullish gap on the chart holds ominous implications for the global economy, since it removes almost all doubt that interest rates on U.S. Treasury Bonds are headed significantly higher. The rally looks nearly certain to reach 4.81%, the target of the pattern shown. The red line through which the gap occurred last Thursday is a […]
September 23, 2023 | Trading Desk Notes For September 23, 2023
KING Dollar higher for ten consecutive weeks The US Dollar Index registered its highest weekly close in ten months, up ~6% from the mid-July Key Turn Date. The Euro (the Anti-Dollar) has closed lower for ten consecutive weeks, falling ~6% from its mid-July highs. The Yen has dropped ~7% from its mid-July highs and closed this week at 10-month lows […]
September 23, 2023 | This Week in Money
- Ross Clark: Stock Markets, Interest Rates, USD, Canadian Dollar, Gold, Oil. Special Offer! Receive 25% Off New Annual Subscriptions.
- Victor Adair: (11:18) Interest Rates, USD, Inflation
- John Rubino: (44:19) Oil, Uranium, Inflation, AI, Labour Shortages