In his farewell interview for the Financial Times, Federal Minister of Finance Wolfgang Schäuble warned of a new global financial crisis predicated upon the Quantity of Money theory that the central banks had pumped trillions of dollars into the financial system that is creating a risk of “new bubbles”. Indeed, many just do not comprehend […]
By reading the FED minutes, the officials outlined plans for a December rate hike as well a further 3 rate hikes next year. This was not a real surprise; the Fed funds estimate of 77% for a 25bp hike prior to minutes being released. The FOMC officials outlined they had deep concerns over the low […]
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The Spanish Government is clearly fascist and cannot escape that stigma. The day before the appearance of Carles Puigdemont in front of the regional parliament of Catalonia, the Madrid government has come out and warned of serious bodily threats that one would expect only from a dictator – not an elected democratic government. Prime […]
QUESTION: Years ago, while visiting Salamanca, Spain, I was told that Napoleon’s brother abandoned his rule over Spain and made off with a large cache of gold. I know that he fled Spain to New Jersey. Is there any truth to this gold story? If so, what economic impact did he and the gold have in […]
Edward Klein, the former foreign editor of Newsweek and former editor of The New York Times Magazine, has written several books about the Clintons and Kennedys. Klein has now come out with All Out War: The Plot to Destroy Trump. An exposé on Hillary revealing the truth behind the facade. The fact that Hillary has really been a lesbian is why […]
EU lawyers have sided with Germany and effectively told the European Commission that their bid to regulate a new Russia-Germany gas pipeline known as- Nord Stream 2 (NS2) is seriously flawed. The now former German Chancellor Gerhard Schröder is working with the Russians to push this project forward. This clearly demonstrates that Germany has the upper-hand […]
News today of the Catalan leader Carles Puigdemont putting a delay on this declaration of independence to try and have an amicable solution with the Spanish Government in Madrid. Pushed the EUR/USD rates up 0.54% to 1.18 on the day. Few other announcements around the world, the Swiss unemployment rates dropped from 3.2% to 3.1% […]
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QUESTION: Do you see any validity to the Democrats crying Russia stole the election from Hillary? ANSWER: No. People quickly forget that the polls at the time showed that the MAJORITY of Americans who had actually cast their votes early were worried about the direction of the country. They also responded that they wanted a […]
