Money vs. Fiat

QUESTION: Why do you do not see that money must be backed by something tangible? ANSWER: That is an antiquated barter perspective; you are blind to reality. Your proposition is that only gold has value and you yourself are worthless. … Continue reading →

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Market Talk – July 26, 2024

July 26, 2024
ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang [...]
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It’s a Recession Not a Depression

July 26, 2024
The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living [...]
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China turns Neutral?

July 26, 2024
Ukraine Foreign Minister Dmytro Kuleba and Chinese counterpart Wang Yi in Guangzhou met to discuss China’s position on the Russia-Ukraine war. China stated it is “willing to play a constructive [...]
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