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Market Talk- March 16th, 2017

March 16, 2017

The weaker USD was blamed for the rally seen in Asian stocks today, with many also saying it was about time! The mood within Asia certainly feels nervous and even with the BOJ press conference, the trend remained to purchase Yen as a safety option. Towards the close of the US session however, after a […]

I’m OK

March 16, 2017

I greatly appreciate all the emails worrying about my health after Larry Edelson passed away. Generally speaking, I am in pretty good shape thanks to my genes. I am looking for a good GP doctor in Florida. Not an easy task. If anyone has any suggestions they would be welcome. But otherwise, I am OK. […]

Trump – Dollar & Why He Will Fail

March 16, 2017

QUESTION: Hi Martin, How is the dollar supposed to continue to rise when Trump and all of his cabinet members want a weaker dollar? They constantly blame others with currency manipulation, all the while they are in fact manipulating the dollar lower with their comments. Hello pot, meet kettle!!! The last 2 Fridays the dollar has […]

Largest New Discovery of Oil in USA Puts USA in Top Ten

March 16, 2017

Another major discovery of oil has been made in Alaska of 1.2 billion barrels. It is the largest find of conventional oil for 30 years on US territory. The discovery was made by the Spanish oil company Repsol on Thursday with its US partner Armstrong Energy. According to a report from the company, the production […]

The Fed Raises Interest Rates & Markets Rally!

March 16, 2017

The stock market, gold, silver, and oil all rallied when the Federal Reserve delivered the widely expected increase in its benchmark interest rate on Wednesday, the Ides of March. It said that the domestic economy remained on a path of slow and steady growth. In a statement the Fed said that the United States economy […]