Archive

Market Talk – October 4, 2016

October 4, 2016

With China still on national holidays (Golden Week) trading was quiet but maintains the same trend. That being stronger equity markets offsetting the weaker currency. The JPY today hit recent lows (102.50) whilst the Nikkei heads for levels not seen since Q1. The 17k level remains the intraday psychological barrier where traders feel nervous as […]

Gold to be or Not to Be

October 4, 2016

QUESTION: Marty; I won a bet against a goldbug. He bet gold would soar and the dollar would crash October 1st because of the SDR and said you would be exposed as a fraud. I won the $100 bet. I tried to bet an ounce of gold, but he would do that. I too studied […]

Obama & Martial Law

October 4, 2016

For years there have been rather stupid rumors that Obama would call martial law to stay in the White House. This is not a power-hungry guy. He plays golf more than anyone and misses more than 60% of his national briefings. The ONLY rumor that comes from behind the curtain, and not the internet, is what I […]

The Presidential Debate – SNL Version

October 4, 2016

  Saturday Night Live did a great skit on the presidential debate that is probably closer to our choices than what mainstream media will ever portray.

WikiLeaks Postpones Release of Hillary Documents

October 4, 2016

Julian Assange of WikiLeaks has long-promised a document dump on Hillary Clinton that many have suspected might be her emails. This was to take place today from the balcony of London’s Ecuadorian Embassy, where Assange has sought sanctuary for years. This event has been canceled due to what he deems as “security concerns” imposed by the […]

Gold – Dollar – Bonds

October 4, 2016

QUESTION: Hi, I have two questions: a) do you believe US dollar has been kept artificially lower than it should be (or at least in long range trading range) by at least two central banks lately? if so how long you think it would last, years? b) you remind many times gold does not yield so […]

OPEC & Manipulating Oil Prices

October 4, 2016

The Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut production is supposed to end Saudi Arabia’s policy of the last to years to pump-at-will. This has sent Middle Eastern economies into a tail-spin and the glut of oil has meant rising taxes and selling bonds to raise capital. With this new claimed reversal of that […]

More Hoax Stories Claiming Bill is not Father of Chelsea

October 4, 2016

The latest HOAX running around is that Bill is not the father of Chelsea Clinton. It really is amazing how people are making up stuff at this point right down to Hillary toilet paper (sent in as a gift). I have never seen such an election that is so out of wack in all the years […]