I am working from the Abu Dhabi office this week meeting with clients in town. I thought I would post something unusual. In the Emirates Palace, you can have a cup of coffee with gold on top you can drink. You can also order ice cream made from camel milk top with real gold you […]
QUESTION: Re: Am i certain about the Strong Dollar? Hi Marty, great blog posts and response. I think after reading this blog posts, the question on everyone’s mind is, what is causing the outflow of capital from the USD? And where is capital concentrating in right now? Is it the Euro? The Bunds? Gold? And […]
QUESTION: Hello Marty. I so appreciate your blog and Socrates, which is helping me steer through these crazy markets. I’m a Canadian taking care of all my family’s investment accounts, and knowing what’s coming down the road, I’m very concerned I’m going to take a misstep, especially with my children’s accounts. I haven’t been doing […]
QUESTION #1: Marty, ___ ________ makes the argument that if “the government” raised the price of gold to $5000/oz it would start and inflation that would wipe away the debt. Don’t they have to ensure convertibility as well? He kind of skips over that. And isn’t that pegging the dollar to gold, and no […]
QUESTION #1: [_____] says that the dollar will collapse because with the debt ceiling gone – no more buyers of Treasuries in the markets and only the Fed Reserve buying – inflation goes to the wazoo. All over USA. care to comment? ANSWER: Total nonsense. The USA debt of $20 trillion is a tiny fraction […]
Gold has now declined with the constant threats from North Korea. The lastest missile was fired over Japan and reached an altitude of about 770km (478 miles), travelling 3,700km past the northernmost island of Hokkaido before landing in the sea, according to South Korea’s military. The UN Security Council convened an emergency meeting, and unanimously condemned the […]
Bloomberg News is reporting that there is an ongoing criminal investigation into a client of the Russian lawyer, Natalia Veselnitskaya, who met at Trump Tower with Donald Trump Jr., Jared Kushner, the president’s son-in-law and adviser, and Paul Manafort. The attorney Veselnitskaya had a client with and undisclosed a U.S. criminal investigation into possible Russian Money […]
North Korea spooked markets yet again by launching a missile that reported flew over Japan, which came a day after North Korea claimed it would sink Japan. The events were short-livid however and after a brief flight to safety in gold, treasuries and the Yen markets quickly corrected back. The JPY traded into the low […]
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We really needed some data to support recent Asian moves and sadly that was not fourth coming today. China’s numbers missed on Investment, Industrial Production and Retail Sales so should be no surprised we reversed recent gains. Investment was expecting a number north of 8 (actually looking for 8.2) but was released at 7.8 for […]
