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Are Markets in the Eye of the Storm with John Rubino

from Kerry Lutz's Financial Survival Network

John Rubino returns… The markets are stabilizing. Is this the eye of the storm? Are SPACs and NFTs completely over? What about stablecoins? Inflation seems to be accelerating: Gas prices hit record. Baby formula is in shortage. Bird flu spikes egg prices. Diesel shortage spreading. Hilarious Fed news: Bernanke criticizes current FMOC officials for being too dovish. Europeans fold, agree to start paying for gas in rubles. Is this the first step on the way to commodity-backed currencies? Or is it one more sign that the dollar is losing its central place in the global monetary system? European Natural Gas Prices To Triple In “Perfect Storm.” Musk puts Twitter purchase on hold because so many accounts are turning out be bots.

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As the Markets Turns with Nick Santiago (Ep #391)

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.


1. The major stock indexes rallied higher this past Friday and held the gains into the close. This Is a change in character as the past 5 Friday’s have been negative and often big declines. The major stock indexes are starting out a little weak today, but nothing horrible is taking place. Often after a big rally session the next day is more subdued. This Is actually normal and that is saying a lot for what we have seen recently.

2. This Friday is options expiration for May. Traders should be aware that this is often a week of institutional game playing by the institutions. They will often move stocks away from the popular strike prices that expire on Friday.

3. Twitter (TWTR) stock is falling today by over 5.55%. This is telling us that many people are doubting that Elon Musk will likely pull out of the deal to take the company private. As you know, last week he inquired about the number of real accounts that the company actually has. He found from a past quarterly report that there are lots of accounts that are actually bots. So it sounds like that takeover price will be lower or the deal is off.

4. Gold is flat today, but there is a lot of support around the $1785.00 area which was tested earlier this morning.

5. Bitcoin is sitting just below the 30,000 level today. Its still holding above that important 27,000 area that was tested last week, so we shall watch the pattern that develops this week.

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Fix the Money, Fix the World and You Can’t Taper a Ponzi with Lawrence Lepard

from Kerry Lutz's Financial Survival Network

Lawrence Lepard believes that at the base layer the monetary system we have is, is probably the largest single causation of the difficulties that we’re facing as a society. And it’s really getting obvious and clear right now, as we’re seeing these markets blow up, you know, the bond market blow up the stock market, blow up the third bubble in 26 years.

Now we have housing. Now we’ve got the sovereign credit, everything bubble and it’s blowing up and the reason it’s blowing up as you can’t taper a Ponzi and you know, the fed has created a Ponzi scheme with their paper. And they got to either keep printing, in which case it’s going to become more worthless or they got to try and stop printing. Good luck on that. Lawrence shares much more wisdom in this interview and is a favored guest.

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Now is Not the Time to Panic with Jordan Roy-Byrne

from Kerry Lutz's Financial Survival Network

Jordan Roy-Byrne is back on the program… Gold prices and stock prices are down. Silver prices are decreasing as well. We’re seeing the start of a potential significant bear market in stocks. We’re setting up for a bounce in the S&P. This could also be a 20-25% decline, pushing the recession out if the Fed reverses policy and congress decides to spend money again. Silver has broken down, but has strong support. Everything is oversold. You can wait on silver/gold exploration stocks to see gold rise again.

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Downward Market Rollercoaster with Octavio Marenzi

from Kerry Lutz's Financial Survival Network

Octavio Marenzi returns to the program… Markets have been on a rollercoaster ride downward. Inflation is not slowing down. Natgas threatens to get worse; inflationary pressures are concentrated in energy prices, but they’re easing a bit. What’s happening in the markets is an unfolding disaster—especially in the housing market. Interest rates are going up in mortgages. There is a housing shortage in the US, and Octavio wouldn’t be surprised to see prices come down 25-35%

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Avoiding Market Losses with Tactical Asset Allocation with Dr. Rufus Rankin

from Kerry Lutz's Financial Survival Network

I sit down and chat with Dr. Rufus Ranking, Tactical asset allocation expert, to discuss what you can do in consideration of the turmoil the markets have been facing over the last few weeks. This method is a variation on strategic allocation, but is a lot more adapted. Exposure is reduced as assets become more volatile, which increases chances for success. Tune in for more insight.

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The Financial Education Emergency with Vince Shorb

from Kerry Lutz's Financial Survival Network

Vince Shorb joins the program… We’re seeing financial ignorance in the country; financial illiteracy is dominant in the US. Vince Shorb aims to increase financial literacy and combat financial ignorance. A large obstacle within this pursuit is the educational system. Financial habits form early; some studies point to them forming around age 7-9. Part of financial literacy is career planning; this especially helps when people reach the university level. Taking advanced placement courses in high school and enrolling in a community college during the summers decreases the financial burden faced after graduating from a university. A lot of people don’t have access to a financial advisor.

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Aurcana Silver: From 10-Bagger to Huge Disappointment… Bill Powers Shares Analysis & Lessons Learned

from Mining Stock Education

In this episode, Bill Powers shares his analysis and lessons learned from investing in Aurcana Silver from January 2020 until now.  Last week Bill sold his final Aurcana shares for about C$.18/share. Bill initially invested via a private placement in early 2020 at C$.22/share with a full C$.375 three-year warrant.  At one point in early 2021 Bill was up almost 10x on his Aurcana investment (when considering the in-the-money value of the warrants in addition to the equity).  After exiting the stock last week Bill’s net gain on Aurcana was about 200%. Aurcana was a show sponsor from January 2020 until September 2021.

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Time for You to Buy Quality Mining Stocks with Jamie Keech

from Kerry Lutz's Financial Survival Network

Jamie Keech returns… Markets continue to implode; the resource sector is getting completely slammed. Is it time to liquidate your mining stocks, or should you be buying more? We’re seeing one of the big wealth transfers of our generation. This is the real shake-up that needs to happen. There is a drastic change in decision making across the western world that is going to trickle down into the entire commodities sector. It’s really expensive to find/develop a nickel mine; it’s not the same as gold. When the dust settles and capital is pulled out of the tech sector, a lot of it will probably go to gold.

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Checking In On Five Long-Term Cycles

by Charles Hugh Smith
Of Two Minds

The decline phase of S-Curves can be gradual or a cliff-dive.

Way back in 2007 I charted five long-wave cycles that I reckoned consequential:

1. Public debt (accumulating federal deficits)
2. Inflation
3. Oil (energy)
4. Interest rates
5. Speculative fever

Fifteen years ago, my chart look-ahead was about three years, to 2010, with the basic idea being that these long-term cycles had already turned or were about to turn. Looking back, I should have added a few other long cycles: demographics, for example.

I have two takeaways looking at this chart 15 years later. You probably have similar takeaways.

Continue Reading at OfTwoMinds.com…

Violence: Why History and Politics Predict It’s Going to Get Worse

by Mr. Smith
Chris Martenson’s Peak Prosperity

Open any news source, and violence is almost always front and center. It’s not just because editors sadly and rightly believe the concept of “if it bleeds it leads” will attract more eyeballs, it’s because violence is and always has been prevalent in human society. And it’s getting worse.

Unfortunately, instead of helping to tame this most troublesome part of human nature, the policies of a major political segment of Western societies are hell-bent on destroying the very institutions designed to protect us from ourselves.

The Heart of Our Behavior: Culture

Culture, according to Merriam Webster, is “the customary beliefs, social forms, and material traits of a racial, religious, or social group.” Culture therefore involves hierarchies, preferences and incentives: This result is better than that result.

Continue Reading at PeakProsperity.com…

Repulsive Replacement Theory and Economic Delusions

Plus: The editors each point out one key disagreement they have with one another.

by Matt Welch, Katherine Mangu-Ward, Peter Suderman, and Nick Gillespie

In the latest Reason Roundtable, editors Matt Welch, Peter Suderman, Katherine Mangu-Ward, and Nick Gillespie debunk the “great replacement theory” and highlight some particularly awful responses to recent economic woes.

1:31 – The Buffalo mass shooting and “great replacement theory”

28:34- Weekly Listener Question: Matt’s prompt this week to evaluate why the audience listens to the Roundtable podcast pushed me to pose a question that’s been on my mind for a while: *What is one general principle, or area of practical politics, that each of you feels you disagree with the most of the others on the Roundtable about?*

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Continue Reading at Reason.com…

The Battle for Control of Your Mind

from Zero Hedge

Authored by Aaron Kheriaty via The Brownstone Institute

In his classic dystopian novel 1984, George Orwell famously wrote, “If you want a picture of the future, imagine a boot stamping on a human face—for ever.” This striking image served as a potent symbol for totalitarianism in the 20th Century. But as Caylan Ford recently observed, with the advent of digital health passports in the emerging biomedical security state, the new symbol of totalitarian repression is “not a boot, but an algorithm in the cloud: emotionless, impervious to appeal, silently shaping the biomass.”

Continue Reading at ZeroHedge.com…

Crypto’s Crash: 100-to-1 Leverage Goes Poof!

by Pam Martens and Russ Martens
Wall Street on Parade

Crypto was in full-blown crash mode last week, wiping out more than $300 billion in market value. TerraUSD, a so-called stablecoin that is supposed to trade at a “stable” $1 value, crashed to a few cents on the dollar. Its sister cryptocurrency, Luna, likewise imploded.

Then there was Bitcoin, which Warren Buffett has called “rat poison squared.” Bitcoin plunged further last week and is now down more than 30 percent year-to-date. So much for the hype that it would be an inflation hedge like gold.

Coinbase, the big crypto exchange, knocked more wind out of the sails of the crypto market on Tuesday of last week when it filed its 10-Q (quarterly report) with the Securities and Exchange Commission and essentially said it had no idea what might happen to $256 billion it held for customers. The filing illuminated its shareholders and customers as follows:

Continue Reading at WallStreetOnParade.com…

Strong Dollar Grounds Gold Despite Soaring Inflation

The March U.S. Consumer Price Index rose 8.5% and the Producer Price Index surged 11.2%, the most on record.

from Seeking Alpha

Gold’s traditionally positive performance in an inflationary and rising rates environment is hindered by the strength of the U.S. dollar.

Gold Gets Caught Up In The Action

Central banks are tightening, the global commodities shock is intensifying, and over the first few days of April the 2/10 treasury yield curve – i.e., the spread between the U.S. 2-year and 10-year treasury yields – turned negative. Historically, these have been harbingers of a slowing economy or recession. Traditional safe havens, gold and the U.S. dollar, trended higher in early April. Gold tested the $2,000 per ounce level with an intraday high of $1,998 on April 18. While the U.S. Dollar index (DXY)1 went on to test its 20-year highs, the gold market pulled back when, on April 21, U.S. Federal Reserve Bank (Fed) Chair Jerome Powell sent a strong message at an International Monetary Fund (IMF) gathering where he indicated that more aggressive hikes in interest rates are needed, presumably to fight inflation.

Continue Reading at SeekingAlpha.com…

My List of 23 Major U.S. Office Markets, by Vacancy Rates Ranging from Abysmal to Just Terrible

by Wolf Richter
Wolf Street

Commercial Real Estate hit by construction boom, oil bust, pandemic, working from home, now hiring freezes and layoffs. Older office towers dish out huge losses.

The news for the office sector of commercial real estate just keeps getting worse. Some tech and social media companies have announced hiring freezes, including Facebook and Twitter. Others have made cutting costs suddenly a priority, promising very constrained hiring, such as Uber. Numerous startups are laying off people, included used-car online dealer Carvana, which fired 2,500 workers last week. Mortgage lenders from Wells Fargo on down have started laying off significant portions of their employees as mortgage lending is now in the dumps.

Continue Reading at WolfStreet.com…

Your Standard of Living is Being Systematically Destroyed

by Michael Snyder
The Economic Collapse Blog

Most Americans didn’t understand that the exceedingly foolish decisions of our leaders would eventually have a major impact on how they live their lives every single day. But there are some of us that did. Many of us literally begged our politicians to stop borrowing and spending trillions upon trillions of dollars that we did not have. But they refused to listen. And many of us literally begged the officials at the Federal Reserve to stop pumping trillions upon trillions of fresh dollars into the financial system. Of course they wouldn’t listen to us either. Now our standard of living is steadily being eviscerated, and most of the population seems quite surprised that this is happening.

Flooding our economy with money was inevitably going to create an inflation crisis, and that is precisely what has happened.

Continue Reading at TheEconomicCollapseBlog.com…

Ask the Expert – Frank Giustra – May 2022

by Craig Hemke
Sprott Money

Frank Giustra is a successful company financier with a track record of building natural resource companies. Mr. Giustra has had an active role in the launch and growth of several major natural resource companies, many with operations in Latin America. Mr. Giustra is CEO of Fiore Financial, a private firm managing a broad portfolio of equity investments. He was a founder and director of Wheaton River, which became Goldcorp, as well as a director of Endeavour Mining from 2013 to 2016, Chairman of Endeavour Financial from 2001 to 2007, Chairman of Leagold Mining from 2016 to 2020, and former CEO of Yorkton Securities.

Continue Reading at SprottMoney.com…

Key Economic Reports This Week Will Set the U.S. Recession Outlook

Recession is on the horizon but will it start in Q2, Q3, Q4, or in 2023? Four key reports this will provide clues.

by Mike ‘Mish’ Shedlock
Mish Talk

Four Key Economic Reports This Week

– Retail Sales for April – 2022-05-17
– Industrial Production for April – 2022-05-17
– Housing Starts and Permits for April – 2022-05-18
– Existing Home Sales for April – 2022-06-19

After those four economic reports we will have a better look at where recession stands.

The following charts are all courtesy of Bloomberg Econoday.

Continue Reading at MishTalk.com…

Democrats Blame Inflation on ‘Greed,’ Instead of Their Own Failed Policies

by Brian C. Joondeph
American Thinker

Inflation, over the past year, has gone from conspiracy theory to transient, to no big deal, to ignored, and now finally reluctantly acknowledged by the ruling class. Yet to consumers paying more for groceries, restaurant meals, airline tickets, and gasoline, it is painfully real.

Democrats in Congress and the White House are reticent to take any responsibility for inflation with their reckless spending and deliberate hampering of getting petroleum products out of the ground and into cars and homes.

After presiding over a more than doubling of gasoline prices during his first year and a half in office, President Biden is adding fuel to the inflationary fire by canceling offshore oil lease sales in Alaska and the Gulf Coast.

Continue Reading at AmericanThinker.com…

Ready to Get Sucked In?

by Rick Ackerman

We’ve had four months to observe and analyze the bear market that began a single tick off January 4’s record high. What might be said about it so far? Mainly that it has been far kinder and gentler than we should expect. Realize that the biggest financial bubble in U.S. history has popped. Although this is becoming increasingly obvious, you can be certain investors are waiting to jump back in at the subtlest sign of a bottom. Their brokers and financial advisors will be the first to spot this bottom, along with a dozen more as the broad averages work their way toward the deepest bottom imaginable

In the meantime, the little guys reportedly have been shifting their capital into money market funds, although not at a pace that has spiked redemptions at Vanguard, Black Rock, State Street and a few other biggies that for 13 years made the bull market seem unstoppable. At some point the Leviathans will necessarily turn seller as their customers dive out of shares. It is impossible to say when this climactic phase of the bear market will begin or how long it will take to run its course.

Continue Reading at RickAckerman.com…

How I Made Millions Buying Billions of Terra Luna at $0.000001

by Jeff Berwick
Dollar Vigilante

“Bad Moon Rising” is a song written by John Fogerty and performed by Creedence Clearwater Revival in 1969. Fogerty reportedly wrote it after watching The Devil and Daniel Webster and has claimed that the song is about “the apocalypse that was going to be visited upon us”.

The word “lunatic” derives from the Latin luna, “moon.” The notion that the moon causes certain kinds of madness or induces dangerous aspects of our personalities has been around for millennia; Aristotle and Pliny the Elder, for instance, suggested the light of the moon affected mental health.

Continue Reading at DollarVigilante.com…

The Social Credit System is the Elite’s Means of Control

by Dr. Paul Craig Roberts

Duff Cooper, Viscount Norwich, was the only British minister who resigned over the Munich Agreement of 1938. His autobiography was titled Old Men Forget.

I expect they do, but I remember.

I remember when business, even large business, operated on handshakes without contracts. Business could operate this way because people in those days had good character and integrity. A person who welched on a handshake was finished in business.

I grew up when America was still America. We were taught that you had to be able to look yourself in the mirror every morning. That required that you were truthful and honorable in your relations with others.

Continue Reading at PaulCraigRoberts.org…

Caution Bears: Public Betting Heavily On a Stock Market Crash

from King World News

It’s caution time for the bears as the public is now betting heavily on a stock market crash which in the past has led to many big rallies.

May 16 (King World News) – Jason Goepfert at SentimenTrader: Gamma Exposure and corrections.

Key points:

– Small traders are spending heavily on a crash, as dealers take the other side
– Most stocks are in bear markets, with an overwhelming number in corrections
– Friday’s buying thrust may serve as a brake against further pressure

Continue Reading at KingWorldNews.com…