September 28, 2022 | Canada to End Vaccine Mandates

Canada is finally ending the absurd COVID vaccine mandates. No, Trudeau did not come to his senses. The truth of the matter is that the majority of people dying from COVID are the triple and quadruple vaccinated. In fact, they account for 90% of COVID-related deaths in the past three months. There is true mass […]

September 27, 2022 | Housing Bubble Deflating

This video presents the US housing dynamics well. Unfortunately, after many similar factors, the Canadian housing excesses are even greater and the downside bigger. Home prices have greatly outpaced average persons disposable income. In the video we will explain what this means for the U.S. Housing market and how home prices corrected during similar housing […]

September 27, 2022 | Central Banks, Inflation, Interest Rates, Mortgage Rates, Pensions

Money Laundering, Snow Laundering

September 26, 2022 | Four Horsemen of The Apocalypse on the March

“The least-bad scenario is a hard landing, global recession worse than the 1930s. The worst-case borrows from the Four Horsemen of the Apocalypse: war, famine, pestilence, and death.” – Kenneth S. Deffeyes “When hopes and dreams are loose in the streets, it is well for the timid to lock doors, shutter windows and lie low until […]

September 25, 2022 | Do You Feel Safe in America?

Crime has been rampant across America over the last two years. The economic downturn hurt low-income communities the most, and some are turning to crime for quick money. The borders are open, and anyone can enter America from the south. Laws have been repealed to permit an assortment of crimes, sweetheart deals for violent offenders […]

September 24, 2022 | Trading Desk Notes for September 24, 2022

Is this as bad as it gets, or is the “worst” yet to come? In last week’s TD Notes, I declared, “Expectations of more Fed tightening is the “most important thing” for financial markets.” That was after risk assets took a swan dive following Tuesday’s CPI data. This week, the swan dive continued, especially after the […]

September 24, 2022 | This Week in Money

• Ross Clark –  Stock Markets, Canadian Dollar, Crude Oil
• Eric Hadik – (10:47) USD, Interest Rates, Stock Markets, Gold, Cryptos
• John Kaiser – (41:28) Lithium Mania, Battery Metals, Rare Earths, Copper, Uranium
• Company Showcase with Larry Reaugh – (1:37:00) Remembering Larry Reaugh.

Read September 20, 2022 News.  Read September 21, 2022 News.

“Larry was a giant on the Vancouver mining scene. His presence with a big personality put a mark on the entire sector along with so many individuals in the industry. His experience in every aspect of the business, top to bottom, made him an invaluable asset to so many companies’ successes. More importantly, Larry was a man of integrity, honesty and steadfastness. His expertise and counsel as a director of Goldrea will be sorely missed. Larry’s friendship, sense of humour and general outlook on life was a wonderful influence on us all. Larry Reaugh’s life is one to be truly celebrated” –  Jim Elbert, President and CEO Goldrea Rescources Corp.

“Throughout his career, Larry demonstrated great perseverance and resolve. His efforts have given the Company an exciting opportunity at the forefront of an emerging green energy field.  On behalf of the Board of Directors, I wish to express our condolences to the Reaugh family, and our gratitude for Larry’s hard work for so many years.” – Paul Hildebrand, Chair of the Board

“Having worked side-by-side with Larry for several years, I can confidently say that Larry was a great leader and mentor to many of us.  Under his direction, we have grown as a pioneer in the lithium-ion battery recycling industry and our team stands ready to ensure that his vision is carried out, and that the interests of the Company’s shareholders are looked after.  Larry will be sincerely missed, and we extend our deepest condolences to the entire Reaugh family.” –  Zarko Meseldzija Chief Executive Officer, Director

September 23, 2022 | ‘Snow-Washing’ in Canada, Money Laundering All Star

I have long thought that a housing bust and ugly recession might finally catalyze a serious crackdown on money laundering in Canada. Apathy has been the status quo while asset prices were rising. Now, as prices plunge and pain spreads, public tolerance should shift. Realty reports show that many properties bought in early 2022 are […]

September 23, 2022 | The Most Splendid Housing Bubbles in Canada, September Update: House Prices Plunge

In Hamilton, Ontario, after a ridiculous mind-bending spike, prices plunged 5.8% in August from July, and are down 10.5% in three months. In Toronto, prices plunged 4.0% in August from July, and are down 8.3% in three months. In Vancouver, prices dropped by 2.0% in August from July; in Ottawa by 3.1% in August; in […]

September 23, 2022 | Is the Fed Really in Charge of Interest Rates?

Frugal is the new “cool” in China

September 23, 2022 | Remembering Larry Reaugh

Read September 20, 2022 News. Read September 21, 2022 News. “Larry was a giant on the Vancouver mining scene. His presence with a big personality put a mark on the entire sector along with so many individuals in the industry. His experience in every aspect of the business, top to bottom, made him an invaluable […]

September 22, 2022 | Operation ‘Break Things’ To Continue

  Hiking the US Fed funds rate a further .75 yesterday, now 3 to 3.25% (from 0 to .25% in March), Chair Powell acknowledged that unemployment will rise, adding: “Nonetheless, we’re committed to getting inflation back down to 2%.” Powell reiterated that his board plans to raise US base rates a further 1.25% (4.25 to 4.5%) by […]

September 22, 2022 | Canada Has Best Investment Opportunities in G7

Value Investing Back Big Time

September 22, 2022 | Energy Super Cycle Underway

Schachter Calgary Energy Conference October 22nd.  Get free tickets to Schachter energy conference! Enter Promo Code SERGUEST22

September 22, 2022 | Are Gold and Silver Likely to Recover Before Stock Market?

2nd stage of a 3 stage Bear Market

September 22, 2022 | Gold, Crude Oil, USD, Stock Markets

Interest Rates, Quantitative Easing. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

September 21, 2022 | Putin is at War with the West – Not Ukraine

Vladimir Putin’s recent speech is making headlines as people falsely claim Russia is about to launch an all-out nuclear attack. Putin is sticking to his same plan and says it in his opening statement: “The subject of this address is the situation in Donbas and the course of the special military operation to liberate it […]

September 20, 2022 | Housing Bubble Woes: Home Builders Cut Prices, Pile on Incentives, amid Plunging Traffic of Buyers, Spiking Cancellations, Holy-Moly Mortgage Rates

“Buyer traffic is weak in many markets as more consumers remain on the sidelines due to high mortgage rates and home prices that are putting a new home purchase out of financial reach for many households,” according to the National Association of Home Builders this morning regarding its survey of home builders. Incentives: “In another […]

September 19, 2022 | Bringing Down The House

Higher interest rates continue to slow the nations housing market. National home sales, as reported by CREA, fell 25% year-over-year in the month of August. It was also the sixth consecutive monthly decline in home sales. While new listings remain weak as sellers resist selling at recent valuations, inventory is still climbing and prices continue […]

September 18, 2022 | Hope and Confidence Are on the Downslope Now

I’ve been reluctant to give permabears the all-clear because, being one myself, I’ve seen the bull market roar back from death a dozen times since 2009, turning my smug eulogies into embarrassments. The most punitive and outrageous of the rallies was the monster eruption begun in March 2020, when stocks exploded from the depths of […]

September 17, 2022 | Trading Desk Notes For September 17, 2022

Expectations of more Fed tightening is the “most important thing” for financial markets Markets reacted dramatically to the “stronger than expected” CPI report Tuesday morning. The DJIA futures dropped ~800 points in five minutes and was down >1,650 points later in the day. Friday’s low was ~2,150 points below Tuesday’s high. It was the biggest weekly loss since the […]

September 17, 2022 | This Week in Money

• Ross Clark – Stock Markets, US Dollar, Canadian Dollar
• John Rubino – (10:21)  Europe, The Fed, Interest Rates, Uranium
• Ross Kay –  (38:20) Canadian Real Estate Bubble

September 16, 2022 | Unusual for US Dollar to Rise During Inflation

Energy crunch already hammering European businesses

September 16, 2022 | Some Looking at One Last Hurrah Before Stocks Plunge

World’s hottest housing markets facing painful reset