Investment Commentary / Newsletters2021-04-11T19:55:52+00:00

Investment Commentary / Newsletters

2021

April 12, 2021
Bubble watch, housing elevation, inflation perks, lockdown impact, FANGless party, gold resistance, oil wave
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April 5, 2021
Archego liquidation, Biden stimulus, golden cycle, market bull, Fed backing
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March 29, 2021
Liquidity trap, silver waves, diverging transport, mild correction, resistant high, precious support, ship chaos
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March 22, 2021
Bubble phases, fund shift, overleveraged market, bottoming gold, oil support, economic optimism
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March 15, 2021
Empire decline, Canadian surprise, stock highs, infinite QE, excited bugs, energetic winners, crypto mania
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March 8, 2021
Money push, job rot, low inflation, positive conditions, oversold gold, shorts cut, OPEC cuts
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March 1, 2021
Funky economies, stock fuel, political shift, zombie companies, concerning interest, gold lag, corrective pose
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February 22, 2021
New gold, long rates, cold chaos, settling oil, relentless markets, metallic divergence
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February 15, 2021
More mania, eerie similarity, option surge, commodity Supercycle, shortage driver, outshining silver
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February 8, 2021
Euphoria reigns, commodities rise, yields increase, fossils cycle, supply tightens, jobs disparity, faltered gold
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February 1, 2021
Retail week, negative Barometer, fed bailouts, world risks, gravity defied, silver soar, gold lethargy, toppy oil
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January 25, 2021
Biden begins, market highs, debt surge, inflation hold, everything bubble, K recovery, venture boom
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January 18, 2021
Historic US, divergent indicators, call high, rising yields, gold weight, awaiting inauguration, reign history
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January 11, 2021
Democracy assault, higher markets, bitcoin mania, rates soar, gold down, oil rises, worse possible
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January 4, 2021
Global recession, two gains, debt fuel, liquidity injections, low rates, blow off, election controversy, job signs
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2020

December 21, 2020
Runaway possible, like 1987, like 1998, Santa rally, January effect, overvaluation stamina, gold seasonals
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December 14, 2020
Forecast themes, correction opportunities, pumping fed, growing debt, retreated bears
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December 7, 2020
Not 536, records set, debt soars, golden life, broken dollar, oil cusp, pandemic rage, faltering jobs, rate creep
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November 30, 2020
Different worlds, assassination trigger, fraud calls, bond cycles, gold low, energy breakout, annus horriibilis
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November 23, 2020
Constitutional rage, topping appearance, dead stimulus, outperforming value, floundering gold, perking oil
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November 16, 2020
Maybe vaccine, tossed lawsuits, highs reversed, constitutional grip, precious effects, boom possible
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November 9, 2020
Election challenges, gridlock love, considerable resistance, long bull, precious poise, dollar hit, oil nowhere
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November 2, 2020
Winter discontented, golden haven, not oversold, downward energy, diverging gas, stormy south
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October 26, 2020
Contentious election, aftermath chaos, toppy divergences, rising rates, ravaged revival, small-cap challenge
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October 19, 2020
Presidential cycle, potential top, comparative production, renewables outperform, precious consolidation
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October 12, 2020
Destabilizing swan, eery comparison, golden best, supply predictor, miraculous recovery, stimulus whipsaw
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October 5, 2020
Non debate, ailing president, October crash, pending election, jobs disappoint, bumpy ride, golden returns
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September 29, 2020
A Reserve Currency does not last Forever
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September 28, 2020
Countertrend bounce, COVID spark, Dollar up, yields fall, gold lower, banks launder, green rise, election hint
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September 21, 2020
Election heat, pandemic economy, massive tensions, faltering market, Fed balance, 2023 rates, gold falters
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September 14, 2020
Reserve currencies, shelf life, money supply, velocity diverges, stock drop, gold hold, cruel low, second wave
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September 7, 2020
Highs reversed, verification needed, cruel September, president’s fed, jobs lost, gold caught, negative yields
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August 31, 2020
Record march, rising divergences, mania phase, job optimism, daily layoffs, Fed focus, precious correction
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August 24, 2020
Another record, richer rich, narrow lead, mounting divergences, precious correction, presidential plans
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August 17, 2020
Gold mini-crash, high failure, DJI lag, mixed TSX, different time, consumer-Dow correlation, weakest months
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August 10, 2020
Gold high, silver outperform, Friday reversal, stocks rise, rates low, financial stimulus, economic plague
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July 20, 2020
FAANGS fall, saviours fly, divergences abound, money expands, gold rises, Dollar falls, uncertainty rises
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July 13, 2020
Virus records, earnings fall, markets rise, QE3 lifts, technicals diverge, gold bull, narrow outperformance
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July 6, 2020
Unique half, millions unemployed, streets riot, election backdrop, narrow high, Godzilla debt, golden limit
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June 29, 2020
Gloomy forecasts, shutting again, protests continue, polarized election, empire fall, Gini grows, gold glows
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June 22, 2020
Slowed Fed, soaring stocks, rioting streets, top 20, bottom 80, coronavirus soars, vaccine race, election nears
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June 15, 2020
Party end, grinding down, dollar rally, bonds up, gold rises, oil falls, unemployment surges, vacancies decline
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June 8, 2020
Dichotomy backdrop, shocking jobs, wild Friday, stretched valuations, top warning, gold correction
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June 1, 2020
Two streets, one coin, polar opposites, market danger, gold poise, vaccine woes, city fires, China tension
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May 25, 2020
Great re-opening, buy rumour, sell news, disconnect continues, Fed liquidity, gold highs, oil steam
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May 18, 2020
Reopening risks, toppy divergences, breakout verges, ugly numbers, coronavirus consolidates, oil divergence
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May 11, 2020
Great disconnect, trillions thrown, Main devastation, happy Wall, golden projection
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May 4, 2020
Pandemic waves, April best, bear rally, gold swoon, silver underperformance, oil bear, trading opportunities
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April 27, 2020
Wild oil, pandemic domination, bigger bear, fallen velocity, golden shine, PMIs down, junior life
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April 22, 2020
Technical Scoop Oil Commentary
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April 20, 2020
Morphed crisis, predictive curves, unconfirmed rebound, deteriorating bonds, commodity opportunity
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April 13, 2020
Black swan, historical bailout, record debt, bailout benefit, rebound rally, golden shine, narrow doorway
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April 6, 2020
Stunned jobs, shutdown forecast, bear anatomy, feeble gold, Dollar rise, euro question, oil move, April hope
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March 30, 2020
Secular bear, stunning numbers, lurking debt, overheated housing, gold demand, energy disaster
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March 23, 2020
Second monster, lifeboat shortage, gold/silver high, widening spread, USD surge, faltering haven, spring sun
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March 16, 2020
Record crash, recovery phase, dominant fear, tradeable rally, swift bear, stalking plague, rising sun
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March 9, 2020
March lion, COVID volatility, golden performer, slashed rates, ongoing repo, bear territory, oil war
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March 2, 2020
Virus spark, intermediate top, few hide-outs, overvalued complacency, golden poise
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February 24, 2020
Irrational exuberance, COVID-19 surprise, negative spread, gold target, divergences abound, stimulus fuel
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February 17, 2020
Tireless melt-up, COVID-19 immunity, same themes, inconsequential debt, Greek yields, foreboding spread
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February 10, 2020
Rickards war, helicopter money, falling rates, creeping signs, strong numbers, precious hold
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February 3, 2020
Non-trial headline, economic flu, sharp volatility, confirmation vital, gold benefit, spread creep, China gap
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January 27, 2020
Epidemic affect, gold rise, market swoon, bond benefit, spread narrowing, dollar hegemony, dotcom bubble
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January 20, 2020
Potential pivot, records fall, greed wins, bears hibernate, gold consolidates
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January 13, 2020
Barometer highs, Early Warning, war effect, recovery time, impeachment threat, looming election
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January 6, 2020
Bang start, maybe top, gold soar, yield fall, haven sought, election promise, climate cost, decade following
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2019

December 30, 2019
All-time highs, overbought territory, golds break, dollar falls, repo continues, yields fall, healthy energy
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December 23, 2019
Golden optimism, lingering concerns, new highs, DJI divergence, frothy indicators, low anniversary
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December 16, 2019
2020 Market and Economic Forecast, possible peak, systemic risks, all-time highs, gold low, USD support
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December 9, 2019
Whipsaw week, tariff spook, gangbuster payroll, reinversion warning, repo mystery, Q warning
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December 2, 2019
Nine turn, recession unlikely, slowdown ongoing, continued repo, blue skies, debt high, beckoning Santa
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November 25, 2019
Potential reversal, protective positioning, background noise, repo mystery, Thanksgiving fade
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November 18, 2019
Suspense continues, broadening channel, three scenarios, trifecta wish, golden rebound, derivative risk
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November 11, 2019
Market argument, following bust, average boom, rate risk, negative warning, positive concern, gold corrects
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November 4, 2019
Market highs, channel tops, best months, news front-running, indicator mix, bullish gold, margin expansion
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October 28, 2019
Market chug, international break-out, QE fuel, 90th anniversary, distribution signs, positive spread
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October 21, 2019
Churning markets, topping process, widening spreads, recession closer, abounding divergences
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October 14, 2019
Trade peace, precious downswing, rate jump, positive spread, market volatility
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October 7, 2019
Trade save, unusual intervention, weak economy, unemployment low, gold correction, employment story
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September 30, 2019
Impeachment impact, repo action, U.S. resilience, positive curve, toppy market, scary October
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September 23, 2019
Expected cut, repo intervention, stocks decline, rosy gold, drone jump, slowing economy, maybe top
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September 16, 2019
Bolton thirteen, oil attack, wiggle high, corrective gold, less inverted, wishful bashing, expected cut
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September 9, 2019
Highs threat, gold tank, trade nice, economy slide, Canada works, cut expectation, support zone
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September 2, 2019
Maybe tsunami, mixed signals, notorious September, topping gold, warning curve, negative yield
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August 26, 2019
Tweet tumble, retaliation tumble, fourth fall, best gold, spread narrows, financials deteriorate
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August 19, 2019
Nerves break, curves invert, rates fall, re-election concerns, gold shines, unexpected turns, sector uptrends
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August 12, 2019
Currency wars, plunging markets, soaring gold, inverting curve, negative yields
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August 5, 2019
Cut party, cold water, volatility return, currency wars, negative yield, widened spreads, job anomalies
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July 29, 2019
Weakening economic environment, note-fund spread, central bank assets, market top, gold temporary top
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July 22, 2019
Highs reversed, more bull, gold phoenix, upside silver, confidence key, debt pile, adverse allies
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July 15, 2019
Spotlight feud, bank bleed, backdrop divergence, channel top, wide spread, gold rose, expect cut, oil tension
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July 8, 2019
Record highs, slowing economy, rosy jobs, golden breather, mixed indicators, higher yields, approaching top
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June 24, 2019
Dove week, trade threats, Gulf clouds, funds pull, what if, recession warning, gold risk, markets rise
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June 17, 2019
Cut speculation, slowing signs, rate cycle, broadening top, golden lead, lagging silver, oil attack, rate week
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June 10, 2019
Rate Frenzy, Slowdown Signs, Market Pattern, Gold Froth, Dollar Repeat
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June 3, 2019
Tariff targets, markets notice, retaliation assured, debt problem, golden jump, wildfire havoc
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May 27, 2019
Not final top, trade war spook, sliding economic numbers, falling bond yields, metals below breakout
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May 20, 2019
Trade dispute disrupts, whipsaw week, confident consumer, falling yuan, golden divergence
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May 13, 2019
Trade wars, good correction, still bull, expect retaliation, party continues, job creators, gold hot, stocks not
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May 6, 2019
Sell in May myth, not so rosy employment, widened Recession watch spread, Dollar-assisted golden fall
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April 29, 2019
Record close, chugging higher, no recession, positive indicators
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April 22, 2019
Lonely Highs, Poor Gold, Relentless Climb
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April 15, 2019
Collapsing Volatility
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April 8, 2019
Best April, warnings abound, Fed-Trump war, Bitcoin rise, curve inversion, gold bottom, unemployment gage
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April 1, 2019
Potential topping, cut calls, Canadian growth
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March 25, 2019
Surprise Dove, Positive Spread, Debt Gorge, Meandering Gold, Higher Dollar, Market Volatility
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March 18, 2019
Black swan sparks, no recession yet, OPEC vs NOPEC, dovish fed week, hearts out to New Zealand victims
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March 11, 2019
Canada Jobs sparkle, Trade Deficits Widen, Houses and Ships Signal Slowdown, Dollar Gains, Gold Corrects
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March 04, 2019
Riveting focus, spooked gold, dangerous long, humming weaknesses, Powell put, no recession, buyback view
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February 25, 2019
Common Interest and Credit Themes, 90 year cycle, Debt Trigger, Counterintuitive Run , Temporary Gold Top
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February 18, 2019
Blow-off Cusp, skeptical bears, excited bulls, runaway train, Dollar-helped gold, SNC scandal, gold demand
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February 11, 2019
Seasonal script, January barometer, background spark, commodity bull, junk sign, golden dig
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February 04, 2019
Fed blink, stock ignition, Nonfarm inflation, confidence slide, trade fade, debt fuel, commodity boom
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January 28, 2019
Shutdown shut down ex-wall, coup can spark oil, QT fade ignites gold, is too much bull too fast?
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January 21, 2019
Risk On without Time for Damaged Charts to Repair, No Recession Yet but Mixed Indicators
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2018

December 31, 2018
Worst December … Ever, Plunge Protection Team, Paper Starting to Come Off, Rising Gold
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December 24, 2018
Dramatic Drop, the Grinch Stole Christmas
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December 17, 2018
Volatility, Huawei-based Threats, Yellow Vest Riots, No Deep End Yet, Bond and Gold Safe Haven, Oil Bounce
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December 10, 2018
Volatility, Huawei-based Threats, Yellow Vest Riots, No Deep End Yet, Bond and Gold Safe Haven, Oil Bounce
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December 03, 2018
Dovish Musing, Barely Begun Bear, Positive Seasonality, Payroll Watch, Fear and Greed Phases, Toppy USD

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November 26, 2018
Bared Bear Claws, Beware Claus Gift, No Recession Yet, Oil’s Slippery Slope, Cheap Gold Money

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November 19, 2018
Buffet Equalizers, Fading Long-term Bull, Thanksgiving and Santa Claus Rebound, Nascent Gold Bull

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November 12, 2018
As Déjà vu Rhymes and Unfolding Bear Twists and Turns, Seek Opportunity and Maybe Buy Well and Hold

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November 5, 2018
October bear, Booms, Busts with a debt heart, strong jobs defers recession, mid-terms portend market rally

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October 22, 2018
Bottom pickers’ paradise for stocks and gold possible in Mid-term elections

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October 15, 2018
October Bottom, or Bull End with Strong Gold, but No Recession Yet amidst Fed Attack and Bitcoin Precipice

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October 08, 2018
Music Still Plays with Division, Jumping Rates, Teetering Italy, Defiant Numbers and Rising Dollar and Gold

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October 01, 2018
Worried Markets climb as Fed and Italy benefit US Dollar and Iran drives oil prices

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September 24, 2018
Rear View Mirror, Potential Divergence, Fed and Recession Watch, USD but not metals may be Up in Smoke

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September 17, 2018
Sea of Debt Rises from Two Rubbles, Prepping for Precious Rally, and Wages, Spending, Growth Lag Debt

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September 10, 2018
US Dollar, Stocks, Rates Soar in Cruelest or Golden Month, Recession Risk Falls, Beware Amazon Waterfall

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August 27, 2018
Market convictions defy court convictions and risk financial accident but economy is fine and gold may shine

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August 20, 2018
US Dollar flight endangers Turkey and domino effects possible with precious metal fire sale, still stocks soar

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August 06, 2018
New Silk Road away from US, markets return to mean expected, no recession yet, and dull metals

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July 30, 2018
Friedman Fiat friendliness betrayed, blood moon crash connection, Facebook flop, potential peg but no recession yet

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July 23, 2018
Spectre of Fed coup is unlikely but dampens equities, currency and fuels commodities, long yields

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July 16, 2018
Continued Climb up the Wall of Worry

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July 09, 2018
Yawning may risk inhaling a bug but no Recession yet, oil is slippery, and gold stocks out-glitter gold

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June 25, 2018
Danger lurks, world economy cracks, money flies to bond safety and gold may turn yet no recession

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June 18, 2018
No Recession yet, Tariffs and Counter-Tariffs Portend Depressions or Wars and Gold still Glitters

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June 11, 2018
Volcano spews lava amongst allies under clear economic skies with patches of rising rates and gold

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June 04, 2018
Strong economy plays leading role while Italian debt, European banks and trade wars are background noise

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May 28, 2018
No imminent recession, Axis of gold, New Silk Road, and possibly resurrected killed summit

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May 21, 2018
Energy paints rosy TSX picture while storm clouds brew around US debt and gold still glitters

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May 14, 2018
Lagging energy stocks and continued market rally despite late cycle conditions, sanctions, shootings

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May 07, 2018
The sweetness of Energy and Apple

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April 30, 2018
Still a sleepy bear no match for the bull

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April 23, 2018
A Quieter Bull

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April 16, 2018
History in the Making but No Recession Yet

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April 09, 2018
Persistent Economic Strength Counters Trade War Fears

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April 02, 2018
Volatility and Debt Grow, but so does the Global Economy so no Recession yet

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March 26, 2018
Continued Fireworks despite a positive Recession Watch Spread

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March 19, 2018
Low Unemployment, Good Economy, Positive Consumer and Gold maybe poised to rise

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March 12, 2018
Another wild week with high jobs numbers suggests new highs may be ahead

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March 5, 2018
Executive Summary

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February 26, 2018
Bullish signs continue

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February 19, 2018
Mini Rogue Wave signals blue skies ahead, with banks thriving as interest rates rise on the horizon

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February 12, 2018
Wild Market Presents Buying Opportunity

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February 5, 2018
“War is Hell—but not for the Stock Market” —Mark Hulbert, Barron’s, April 20, 2017-Executive Summary

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January 29, 2018
Quotes by Warren Buffet, Principles from the Sage of Omaha and Edwin LeFevre, Reminiscences of a Stock Operator

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January 22, 2018
Quote by Chuck Palahniuk – Author – Survivor, Fight Club

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January 15, 2018
This Time is Different – Eight Centuries of Financial Folly – Carmen M. Reinhart & Kenneth S. Rogoff

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January 8, 2018
“I would say Happy New Year but it’s not happy; it’s exactly the same as last year except colder.” – Robert Clark

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