Many have written in saying how they came to hear about me was that James Sinclair, they call Mr. Gold, was publishing my handwritten reports from prison on contempt. Jim contributed to the promotion of gold post-Bretton Woods. I was purely an institutional adviser before they threw me in contempt for refusing to turn […]
ASIA: The major Asian stock markets had negative day today: NIKKEI 225 decreased 611.63 points or -1.91% to 31,430.62 Shanghai decreased 53.32 points or -1.74% to 3,005.39 Hang Seng decreased 436.63 points or -2.46% to 17,295.89 ASX 200 decreased 96.00 points or -1.36% to 6,981.60 Kospi decreased 46.80 points or -1.90% to 2,415.80 SENSEX […]
ASIA: Japan’s Prime Minister Fumio Kishida announced plans for a new economic stimulus package to address the challenges of rising prices and stagnant wages. The package will focus on protecting people from inflation, promoting sustainable wage growth, domestic investment, addressing population decline, and encouraging infrastructure investment. Kishida intends to shift Japan’s economic focus […]
COMMENT: I watched a pretend analyst who claimed the 1987 Crash was nothing. It is amazing how these people claim to be analysts yet do not understand the first thing about what took place behind the chart. I was there at your WEC in Princeton the weekend of the crash. I don’t remember if […]
ASIA: In September, China’s consumer prices remained unchanged, despite signs of an economic recovery. This stagnation indicates ongoing deflationary pressures and weak domestic demand. The Consumer Price Index (CPI) didn’t increase from the previous year, in contrast to a 0.1% rise in August. This was lower than the 0.2% increase estimated by economists. In […]
ASIA: In September, India’s retail inflation decreased to 5.02%, marking a three-month low. This decline was primarily due to lower vegetable prices. However, it remained above the central bank’s target of 4%, which is necessary for interest rate cuts. This figure was lower than the forecasted rate of 5.50% in a Reuters poll. In […]
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 178.67 points or -0.55% to 32,315.99 Shanghai decreased 19.80 points or -0.64% to 3,088.10 Hang Seng decreased 424.76 points or -2.33% to 17,813.45 ASX 200 decreased 40.00 points or -0.56% to 7,051.00 Kospi decreased 23.67 points or -0.95% to 2,456.15 […]
ASIA: India’s youth population has been a source of economic optimism, but declining fertility rates are leading to a rapid aging of the population. According to a recent United Nations report, India’s elderly population (over 60 years old) is expected to grow by 41% between 2021 and 2031, and they will outnumber children under […]
ASIA: The ruling Communist Party of China has expelled Liu Liange, the former chairman of the state-owned Bank of China, from the party due to allegations of illegal activities and bribery. The Central Commission for Discipline Inspection (CCDI) accused him of granting loans illegally, causing financial risks, importing prohibited publications, accepting bribes, and enjoying entertainment […]
ASIA: The International Monetary Fund (IMF) has raised its growth forecast for India in 2023 to 6.3%, aligning it with its unchanged projection for 2024. This upward revision is due to “stronger-than-expected consumption” during the April-June quarter. The IMF also anticipates that India’s growth will be the highest among developing economies, even as global […]
