ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
December 1, 2022 | Closer, But Still No Cigar
It’s remarkable to me how close we appear to be getting to near-universal recognition that silver and gold (along with a host of other commodities) are priced based upon the activities of a relative handful of large paper traders on the COMEX (and other exchanges) and not on the workings of the world of actual […]
December 1, 2022 | Dow, USD, Hyperinflation vs Deflation
Oil, Inflation, Interest Rates
December 1, 2022 | USD, Gold, Inflation, Interest Rates, Lithium
Commodities, Cannabis
December 1, 2022 | Died Suddenly, Everything is Breaking and Sheep
Jabs, Wars
December 1, 2022 | Real Estate: The Post-Bubble Bear Market Could Run For Years
A great mania in real estate erupted with the financial bubble and will likely be followed by a lengthy decline. Previous post-bubble contractions have prevailed for some twenty years, with the usual 3 to 4-year business cycle coming and going. The following chart shows the outstanding rally in the S&P Real Estate Sector peaked in […]
November 30, 2022 | China & the Future
COMMENT: Hello Marty !! It looks like the ” China as a parking lot for cash has already begun. FXI going to the moon of late in spite of Xi & Co. cutting off their own economic foot to hide behind their troubles and blame it on the darn protestors to the folly, by golly. […]
November 29, 2022 | In Demand
The retail and wholesale markets in silver and gold are hot. Particularly in silver, the retail market is, quite literally, on fire. The fact that premiums exist on virtually all forms of retail silver (along with delivery delays), something never seen this pronounced before, means that the creation of new 1,000-ounce bars is necessarily being […]
November 29, 2022 | One Fell Swoop of The Pen
Last week we highlighted some recent data from Desjardins which noted that nearly every borrower who took out a fixed payment variable rate mortgage during the pandemic now owes more in interest than their original fixed payment. Trigger rates galore. It appears the Bank of Canada is finally coming around to the same conclusion. In a research […]
November 28, 2022 | Trudeau Justifies Invoking Martial Law
Trudeau changed the world’s entire perception of Canada after his mishandling of the Freedom Convoy protest. Hard-working Canadian men and women demanded medical freedom and protested the vaccine mandates. The Canadian media was not permitted to question the COVID agenda, and dissenting voices were muffled. The Canadian trucker’s convoy (aka the Freedom Convoy) sparked the […]
November 27, 2022 | The Case for a Merely Choppy 2023
Early in October, it lifted my spirits to be able to bloviate about how a too-widely-anticipated October crash seemed as likely as a Martian invasion. One lunar calendar-based prediction in particular had October 21 as the crash date, although the forecast went squishy at sundown that day when dark clouds failed to materialize over Wall […]
November 26, 2022 | Trading Desk Notes For November 26, 2022
The DJIA closed at a seven-month high this week The DJIA closed higher for seven of the last eight weeks. It rallied ~5,600 points (19%) from its two-year lows on October 13 and is now only ~7% below its January All-Time Highs. All of the stock indices had a terrific rally from the March 2020 Covid […]
November 26, 2022 | This Week in Money
- Ross Clark – Stock Markets, Gold Miners, Oil, Bonds, US Dollar, Canadian Dollar
- Martin Straith – (9:53) Dow, Recession, Crude Oil, Currencies
- Wolf Richter – (32:34) Inflation, Housing Bubbles, Cryptos, New and Used Car Vehicle Markets
- Zarko Meseldzija – (1:00:00) CEO of RecycLiCo Battery Materials Inc. on Company Showcase – RecycLiCo™ CEO Zarko Meseldzija – Building an Advanced and Efficient Battery Recycling Technology for Long-Term Integration. New website and company update video. Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada. Read Benchmark Minerals Article – “Why Manganese Could Be The Next Battery Supply Chain Headache“. Read Reuters Article – “LG Chem To Invest Over $3 Billion to Build U.S. Battery Cathode Plant”. Read Yahoo Article – “Canada Could Be At An EV Tipping Point, Google Data Shows“. Questions? Email or Phone: 778.574.444
November 25, 2022 | Canada’s Central Bank Downplays The Risks of a Financial Crisis
Canada’s private sector debt problem keeps growing larger. With private sector debt at about 230 percent of GDP, Canada has no room for error. And rising interest rates could force large numbers of mortgage borrowers into default, which could create a financial crisis. But the Bank of Canada is not worried. Bank of Canada staff […]
November 25, 2022 | RecycLiCo™ CEO Zarko Meseldzija – Building an Advanced and Efficient Battery Recycling Technology for Long-Term Integration
New website and company update video. Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada. Read Benchmark Minerals Article – “Why Manganese Could Be The Next Battery Supply Chain Headache“. Read Reuters Article – “LG Chem To Invest Over $3 Billion to Build U.S. Battery Cathode […]
November 24, 2022 | Bank of Canada Loses Money – First Time Ever
Are Pension funds going to announce big losses?
November 24, 2022 | China Slowdown and Crude Oil
Possible US rail strike and supply shortages
November 24, 2022 | Climate Reparations
The United Nations proposed a new method to funnel money out of developed nations during the COP27 meeting – climate reparations. The United Nations is still negotiating who will pay what, but rest assured, the US will likely pay the most. President Biden fully supports the idea in addition to the $1 billion he was […]
November 23, 2022 | Died Suddenly
The question is why are those in government acting so recklessly? They need money that bad?
November 23, 2022 | Stock Market Rise vs. Crypto Collapse
Interest Rates and Inflation. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
November 23, 2022 | Gold, Gold Miners, US Dollar, Twitter
Inflation, Deflation, Crude Oil
November 23, 2022 | Bill 36: Bringing Gulag to British Columbia
- Dr. Stephen Malthouse – Making Doctors Agents of the State
November 22, 2022 | Capital Goes Poof
Last November, the global market value of crypto assets amounted to $3.2 trillion (FT Wilshire Digital Asset Index). Today, it is something less than $ 861 billion. In other words, the 73% loss in the crypto and NFT (non-fungible token) space in one-year is, so far, nearing $3 trillion and about 38% of the $8 […]
November 21, 2022 | The House ATM Doesn’t Work Like it Used To
No bottom yet. Data published by CREA last week showed national house prices slid lower in the month of October, dropping 1.2% month-over-month. The national home price index is now down 15% since peaking in March earlier this year, the steepest correction on record since the index was created in 2005. Just for comparison sake, […]
November 20, 2022 | The Most Splendid Housing Bubbles in Canada, November Update: Fastest 5-Month Plunge on Record
The overall 11-City Teranet-National Bank House Price Index dropped 0.8% in October from September, and is down 7.7% from the peak in May, the largest five-month drop in the history of the data going back to 1997. It slashed the year-over-year gain to 4.9%, from the 19% range in March and April. Nine of the […]
November 19, 2022 | The Bernanke Nobel Prize Should Have Gone To a Different Economist
Ben Bernanke, then-chair of the Federal Reserve, made his wrong prediction about real estate in a 2005 interview, just a year before the collapse in house prices in the US. The collapse in housing and subprime mortgages triggered the Global Financial Crisis (GFC) from 2006 to 2009. In October Bernanke was awarded a Nobel Prize […]