ASIA: China has unexpectedly issued oil import quotas for 2024, allocating 179.01 million tons (3.59 million barrels a day) to private refiners and traders. This nearly matches the total allowances for the previous year. The move surprised the market, and with a preliminary allocation in December, the total for 2024 now stands at 183.69 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 75.45 points or -0.22% to 33,464.17 Shanghai decreased 12.66 points or -0.43% to 2,962.28 Hang Seng decreased 258.84 points or -1.52% to 16,788.55 ASX 200 increased 37.00 points or 0.49% to 7,627.80 Kospi increased 14.53 points or 0.55% to 2,669.81 […]
Europe has laid the groundwork for World War III and the destruction of Europe as a whole, all to save its failed fiscal management of the economy. Using the Ukrainian war that the West instigated by promising democratic elections to the Donbas in BAD FAITH just for being Russian, the European Union Council adopted a 12th […]
Several US states are considering legislation to reclassify gold and silver as money rather than commodities. Bills filed in Oklahoma and Missouri aim to eliminate state capital gains taxes on the sale of gold and silver, and to treat these metals as currency. Other states like Arkansas and Utah are also considering introducing similar legislation. […]
This new movie coming out in the Spring of 2024 by A24 will be a blockbuster. The line “What kind of American are you?” is such a profound question that illustrates the deep division within this country. Historically, the army will split and choose sides. The proposition of the Great Taking is really a misconception […]
QUESTION: Why do you seem to be the only analyst who understands central banking? My son got an internship at one of the major banks in New York during the summer. I won’t say which bank, but he asked a senior-level guy there about you and the interest rates, explaining I had been following […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 456.55 points or 1.37% to 33,675.94 Shanghai decreased 30.28 points or -1.03% to 2,902.11 Hang Seng increased 108.81 points or 0.66% to 16,613.81 ASX 200 increased 48.80 points or 0.65% to 7,537.90 Kospi increased 45.75 points or 1.78% to 2,614.30 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 460.41 points or 1.41% to 33,219.39 Shanghai increased 1.59 points or 0.05% to 2,932.39 Hang Seng decreased 124.23 points or -0.75% to 16,505.00 ASX 200 increased 62.70 points or 0.84% to 7,489.10 Kospi increased 1.69 points or 0.07% to 2,568.55 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 211.57 points or -0.64% to 32,758.98 Shanghai decreased 11.75 points or -0.40% to 2,930.80 Hang Seng decreased 162.96 points or -0.97% to 16,629.23 ASX 200 decreased 16.30 points or -0.22% to 7,426.40 Kospi increased 3.30 points or 0.13% to 2,566.86 […]
QUESTION: I have watched this video of David Webb, who distorts the history of the Great Depression, making it sound like the Fed was created to take all the gold when it was formed in 1913. Roosevelt’s “taking” was in 1933, 20 years later. As you and Milton Friedman pointed out, there was a shortage […]
