Archive

Market Talk – February 9, 2017

February 9, 2017

Asia was split today with the Nikkei not managing to move out of first gear – at least during the Asia session – but saw the Yen lose its haven status. The volatile Japanese data for Machinery Orders was released better than the 3.1% expected figure at +6.7% (against a previous -5.1%) did not really […]

EU In Disintegration Mode

February 9, 2017

The EU leadership is really trying to make Great Britain pay dearly for voting to exit the Community. Like the socialists in America, it’s our way or no way. The left may call the right the “deplorables” but the left are the “intolerables” who refuse to ever consider they might be wrong. The EU thinks […]

Rome’s Flat Tax Created the Biggest Economic Boom in History

February 9, 2017

  In the earliest days of the Republic Rome’s taxes were quite modest, and were not direct, but were a property tax or a wealth tax on all forms of property, including land, houses, slaves, animals, money and personal effects. The basic rate was just 1% and sometimes it would occasionally rise to 3%. This was to fund the […]

Gold – Dow – & the Numbers

February 9, 2017

QUESTION: Marty; You gave the resistance in the Dow at 20,158 and it stopped at 20,155. Gold you gave a buy signal at the close of 2016. You give us specific numbers to reach for a bounce or a collapse. Gold is rallying now on claims that the latest run up is attributed to the uncertainty […]