Most markets were waiting for the US employment report in order to set the theme for the rest of the month. Auto shares were the poor performer on the Nikkei today after Trump’s remarks over tax levies on auto-makers but also because the rally in the JPY. The Nikkei closed off -0.3% led predictably by […]
The rally in bitcoin has come out of China, which has accounted for 98% of bitcoin trading in the past six months. China is also home to about two-thirds of the world’s bitcoin mining power. The Phase Transition spike in bitcoin is very alarming, for it flies right in the face of government attempts to […]
Because Australia has convened a commission to terminate the $100 bill, in the wake of the currency being cancelled overnight in India, there is a growing distrust of high denomination euros and Australian bills. What is interesting is A$100 notes are nonnegotiable now in India. The same is happening in Europe with the €500 bills. There […]
Unfortunately, much of Europe is facing sever cold weather as temperatures plunged below zero with heavy snowfalls. Additionally, this is the worst coastal storms Europe has seen in a decade. Take a look at this chart. You will notice that this last warming cycle that has the lunatics calling this man-made global warming/climate change, was just […]
Researchers who see the whole climate change/global warming theory as bogus and by no means a planet-ending crisis are hopeful that the incoming Trump Administration will allow their views to be heard. The Obama administration wanted to make it a criminal act to disagree with them — typical leftist attitude. The United Nations Framework Convention […]
