GOLD: QUIETLY ON THE MOVE Gold has decisively broken $2,000 in dollar terms and is now solidly above $2,300. That’s not the news, though. The news is that — despite this historic move — nobody cares. Admittedly, gold is not as sexy as some AI crypto token. Don’t get us wrong. We’re perfectly fine with ..read more

The pushback against the “Net Zero” scheme is growing bigger and bigger. Leading the trend are our beer-drinking, bratwurst-eating friends — some of the best designers and manufacturers of cars ever. The Germans, specifically Audi, are now doing a massive U-turn on electric vehicles, dropping their earlier goal of producing only electric vehicles by 2026 ..read more

Ruh-roh! More bad news in the US banking sector (in regional banks to be more specific)… Actually, “plummet” doesn’t even properly describe the tragedy that is New York Community Bancorp. After this last bout of bad news, the stock now trades at 1996 levels — even lower than during the 2007/2008 crisis. Put differently, if ..read more

We seem to be a lone minority here at Capitalist Exploits when it comes to (stubborn) bullishness on energy. Here’s Barron’s: Energy stocks are out of favor. Fund managers had less exposure to energy stocks heading into 2024 than at any time since December 2020, according to the latest Bank of America Global Fund Managers Survey ..read more

 CHRIS ON INVESTING IN 2024 Chris joined Brian Leni from the Mining Stock Education podcast recently to discuss what’s happening in the markets right now as well as what he sees coming in 2024 — topics such as: You can listen to the entire conversation here.   THE CURIOUS CASE OF MEATLESS SAUSAGES If there’s something we’ve learned in ..read more

 NEW PODCAST WITH CHRIS MACINTOSH Chris joined Patrick Ceresna and Harris “Kuppy” Kupperman for an anniversary episode of The Market Huddle to discuss the macro landscape right now and how to navigate it as an investor. Here’s a smattering of the topics they touched on: You can listen to the entire conversation on YouTube here.   A BREAKOUT IN GOLD? We ..read more

After the turmoil we’ve seen in the bond markets in recent months, the popular press is now starting to wake up to the fact that maybe, just maybe the era of ultra-low interest rate is over. From the article: Over the past few months, however, the bond market has, in effect, capitulated, sending the signal […] The post The Hidden Side of Rising Rates appeared first on Capitalist Exploits ..read more

 CHRIS MACINTOSH ON THE ART OF CRITICAL THINKING Today’s podcast is slightly different from Chris’ podcasts we’ve shared with you in the past. But it might be the most important one. Because while our educational institutions excel at creating professional conformists, they are notoriously bad at teaching critical thinking. That’s what Chris discussed recently with […] The post The Art of Critical Thinking appeared first on Capitalist Exploits ..read more

And just when we thought we’ve seen it all… From the article: One of Vietnam’s biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalization above that of industry giants such as Volkswagen and Ford. VinFast, an electric vehicle maker, enjoyed a red-hot debut in New York on […] The post The Mania Rages On appeared first on Capitalist Exploits ..read more

Check this out: In other words, buying the S&P 500 (or index hugging mutual funds for that matter) has never been this concentrated. But wait, it gets even better, according to S&P Global: Big Tech is largely fueling the S&P 500’s positive performance in 2023, with investors buying just seven stocks and selling pretty much […] The post We’re back, baby! appeared first on Capitalist Exploits ..read more