Of course, the gold promoters are declaring this is a new bull market. Should we expect anything else? They do not address why silver is not responding and the ratio continues to rise. But what the heck. No sense in looking at anything else that might contradict the dream. Gold has to close above the […]
In Asian equity trading today, only the Hang Seng that disappointed investors after closing negative -0.3% whilst the others recorded gains. Shanghai posted a small gain of 0.3% as the PBOC set the Yuan mid-rate at 6.5412. Earlier we saw the (Caixin) PMI was marginally weaker than previous at 51.2 versus a previous 52.4. Meanwhile, […]
QUESTION: Hello Martin, Can you verify the following statement: “No bear has ever resumed following a 20% rally.” As today marks a 21% move of the lows your expertise would be appreciated. Thanks! BGG ANSWER: No. Sorry. That is total nonsense. The rally from 1982 into 1983 moved from $297 to $520 — and guess what— new lows unfolded. Look at this from the […]
Sometimes you really have to ask: Is French President Francois Hollande simply clueless? At a European Union summit, Hollande said he opposes Britain’s demands for special treatment for its financial markets as a way to keep Britain in the bloc. Hollande has bluntly said that Britain cannot veto what happens in the Eurozone. Hollande’s socialist agenda will […]
The president of the German secret service, Hans-Georg Maassen, has come out and warned that the uncontrolled immigration has created a serious safety risk to Germany because the authorities no longer know who is in the country. If people think U.S. politics are going in the gutter, look at Germany where politicians have created a […]
Since Jews founded Goldman Sachs, some people assume that qualifies it as a Jewish bank, which makes it evil. I think it should be pointed out that Hank Paulson, former CEO of Goldman Sachs who became Secretary of the Treasury under Bush, I believe deliberately allowed Lehman and Bear Stearns (two of the five main investment banks) […]
The Republicans have declared war on Trump simply because they fear that any outsider will cut them off from rolling in the perks. They have attacked Trump personally and have demonstrated that they are brain dead. This is no longer about Trump as an individual. They are simply ignoring why the people have voted for […]
