The USD was the figure of attention overnight for Asia as it surged against the Turkish Lira, Euro, Sterling and the A$, but saw short-covering stops taken on the Yen. The warning heard from Apple over its Asian sales forecast and growing concerns for global growth triggered the sudden safe-haven flurry into the Yen. Obviously, […]
While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new “reserve currency” killing the dollar, to me they are in serious need of help. They have ZERO comprehension of governmental power and ZERO understanding of what […]
The story running around is that the hackers known as the Dark Overlord claim they will release 911 Documents unless they are paid a ransom in BitCoin. This merely illustrates the problem with private cryptocurrencies and it may be just a ploy to justify governments seizing private cryptocurrencies and issuing their own. They claim in an announcement […]
COMMENT: It looks like the Plunge Protection Team had a field day with the 1,000 rally in the Dow. Back in the 70s I read a small article near the back page of the WSJ that said that the CIA was using two small obscure banks in the Midwest to trade futures. The way they do it is […]
In early 2019 trading, it looked as though we were set to resume the ‘sell at any price’ trend. However, US markets managed to turn that around, but lets discuss that further down this report. Volumes were light in Asia, which is often the case when a major indices has a national holiday (Japan). Scarily, […]
COMMENT: I really get annoyed by people who say well it has been warm here so what happens elsewhere is irrelevant. They are idiots and cannot see the whole and just want to blame humans for everything. I can see how our situation is hopeless when it comes to climate change. All the best JS ANSWER: […]
The story being used against Trump and his travel-ban against the four Muslim countries concerns the sad story of the terminally ill 2-year-old boy, whose Yemeni mother had to sue the State Department to get a visa to join him in a California hospital. His father was American, but the boy’s mother was Shaima Swileh, who had fled […]
The Socialists are out to blame Trump’s Tax cuts to argue why taxes should be higher. At the beginning of 2018, Trump imposed a spectacular tax cut making the USA much more competitive than its European counterparts. Trump argued that the tax reduction would contribute to the recovery of the economy and finance itself through additional […]
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We have to understand that the Jetstream itself is extremely dynamic. It has been dipping very low and as I reported last winter, it even snowed in Tallahassee in northern Florida for the first time since the Blizzard of 1899. This is causing some very diverse outcomes. In Sweden, they had one of the hottest […]
