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Retail Gold, Silver Buying Picks Up After Stock Market Plunge

Retail Gold, Silver Buying Picks Up After Stock Market Plunge

Image Source: Pixabay Despite this year’s rally in gold and silver, so far the western investor has mostly remained on the sideline.For most of the first half of the year, there were outflows from the gold and silver ETFs. Retail details reported consistent selling, especially as the silver price crossed over $30.Yet after the Nikkei’s plunge […]
Recession Indicator Sit-Rep

Recession Indicator Sit-Rep

NBER BCDC key indicators, alternative indicators, and weekly indicators:Figure 1: Nonfarm Payroll (NFP) employment from CES (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold green), manufacturing and trade sales in Ch.2017$ (black), consumption in Ch.2017$ (light blue), and monthly GDP in Ch.2017$ (pink), GDP (blue bars), all log […]
Fed Cut? Not Now, But Soon

Fed Cut? Not Now, But Soon

Image source: Pixabay Remember, the Fed actually follows rates contrary to what most believe.“Davidson” submits:The relationship between the Fed Funds rate and market rates has long been misunderstood by my analysis. We have many decades of belief that the Fed adjusts the Fed Funds rate to maintain economic stability/activity. The data does not support this belief. […]
Metaplanet to invest $58M in Bitcoin amid Japanese market rebound, calls it the ‘apex monetary asset’

Metaplanet to invest $58M in Bitcoin amid Japanese market rebound, calls it the ‘apex monetary asset’

Key Takeaways Metaplanet has invested $58.76 million in Bitcoin as part of a larger fundraising effort. The investment is aimed at long-term asset appreciation and hedging against currency depreciation. Metaplanet, a Japanese investment and consulting firm which has been touted as Asia’s version of MicroStrategy, has announced plans to invest approximately 8.5 billion yen ($58.76 […]
Japan Is Cratering, The Rest Of The World Is Next…

Japan Is Cratering, The Rest Of The World Is Next…

Yen. Image Source: Pixabay Japan was the epicenter for a wave of liquidations in smashing financial markets all over the world. It had all the telltale signs of a collateral and margin call. This wasn’t about Japanese banks or even Japan, rather the sudden realization of the US soft landing narrative going up in smoke triggered […]
Stock Market Crash Season Key Investor Tactics

Stock Market Crash Season Key Investor Tactics

US stock market crash season is underway. Every year I urge equity investors to sell out of the stock market on Aug 1… to avoid what can be life-changing carnage.The season ends 90 days later, on Oct 31.If there’s no crash by then, investors can return to the market.The upside action is generally minimal during […]
Bitcoin Whales Buy The Dip, Add $1.62 Billion Of BTC

Bitcoin Whales Buy The Dip, Add $1.62 Billion Of BTC

Image Source: Pixabay In the recent market crash, Bitcoin whales took the opportunity to add notable amounts of Bitcoin (BTC) the world’s biggest cryptocurrency in terms of market capitalization. On August 6, 2024, a prominent analyst made a post on X (previously Twitter) that in the last 48 hours, whales had accumulated over 30,000 BTC worth […]
Canada’s Financial Hell Paved With Good Intentions

Canada’s Financial Hell Paved With Good Intentions

Image Source: Pexels As interest rates fell from 1980 to 2020, the average Canadian home price increased 746% from $67k to $566k, while the median household income rose about half that rate (400%) from $21,252 in 1980 to $84,000 by 2020 (table courtesy of Nerd Wallet).The average Canadian home price rose from about 3x the median household […]
Walgreens Stock Yields 9.3%: Is It A Bargain Or A Value Trap?

Walgreens Stock Yields 9.3%: Is It A Bargain Or A Value Trap?

Image Source: Unsplash Walgreens Boots Alliance (WBA) stock price has underperformed the market this year as concerns about the pharmacy industry continues. It has dropped by over 57% this year while the Nasdaq 100 and S&P 500 indices have risen by double-digits.Walgreens is not the only troubled pharmacy chain. CVS Health, the biggest player in the […]
Trulieve Cannabis Q2, 2024, Financials Improved Across The Board

Trulieve Cannabis Q2, 2024, Financials Improved Across The Board

Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.) Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a constituent in the munKNEE American Cannabis MSO Stocks Portfolio, announced its financial results for Q2 ended June 30th, 2024, as follows, comparing Q2 2024 with Q1 2024 and with all figures are in U.S. dollars. Q2 Financial Highlights Revenue: UP 1.7% to $303M Gross Profit: UP […]