All core Asian markets traded heavy by the close of business – it was hopeful that Japan was to be the exception – sadly, that was not to be the case! Although the Nikkei was higher for the majority of the day in the final ninety minutes it too was sold and closed down 161 […]
QUESTION: Do you think value investing is viable in today’s chaotic markets? Much appreciated KB ANSWER: No. Value investing has been a recipe for wild swings. If you do not have the stomach for long-term then it is not something to get involved in. It should also be noted that it resulted in bankruptcy pre-World […]
We are putting the finishing touches on part I of the “2016 Gold Report.” This year, we will be adding a video. I will be shooting this coming Thursday. We will be addressing the ratios for silver, platinum, palladium, and copper. We will post the video when the report is available for purchase. I hope […]
Shanghai was the talk between many dealers again this morning after we saw heavy morning selling accompanied by afternoon selling, which resulted in a 6.4% decline in the index. Financials were one of the leaders as the FX yuan mid-point rate was set lower at 6.5273 to the dollar on Tuesday and on Thursday at 6.5318. […]
When we left the Asian and European session you could not give equities away, and this evening everything has seen an about change! No, for us this is confidence and the devil you know pitted against the devil you do not. The USD has been the key achiever across all time zones and although it may be […]
The markets have been churning back and forth. The trading range for key support and resistance in the Dow resides at 17406 and 16215. A closing outside that range on a daily basis will pick the direction. In Gold Nearest Futures that is 1237 and 1162. Monday we will have our month-end numbers coming into […]
COMMENT: Marty; it is clear that the IMF is reading your forecasts. No such agency has the power to provide any economic forecast whatsoever. The IMF is starting to mimic your forecasts since you said China would decline into 2020 when no one else said that and now Lagarde says China will be a drag […]
Asian stocks returned some of yesterdays gains as nerves and another turn in the oil price weighs on sentiment. Renimbi was fixed at its lowest level since early January in covered by a hefty cash injection. Stan Charter shares were down 3% after releasing weak earnings. All core markets drifted to close around the 1% […]
After a slightly nervous start to the Asian trading day all core equity markets made solid gains of between 1 and 2%. A slight comfort was assumed in China after PBOC Governor Zhou claimed the renimbi is balanced but then made ground on the news that the head of the regulatory body was changing. The […]
QUESTION: Hi Marty, I have been following your blog for several years and attended your “Cycles of War” presentation in Philadelphia. It has been rewarding and very educational. My question, is there any one investment that is a safe haven in the chaos that approaches? I recently sold my company and placed the proceeds into “Certificates […]
