What is most curious is the United States accused Russia of killing a man in prison Sergei Magnitsky because he would have revealed corruption in the Russian police. Here we have the USA accusing Russia and passing the Magnitsky Act because a Russian dies in a Russian prison which is exactly what takes place in […]
ASIA: The IMF has released a report stressing that the US-China trade war be resolved quickly as it is putting pressure on global growth. “That is not only good for China and the U.S., but also for the international community as a whole,” Jin Zhongxia, executive director for the People’s Republic of China, says in […]
QUESTION: Warren Buffet has been a value investor and has only been interested in profits. You have explained that the trends shift and profits will yield to capital preservation. Would you say that Buffett is just wrong on his views? JV ANSWER: There is absolutely no relationship you will EVER discover that remains constant if […]
ASIA: A lot of economic news emerging from China and some is somewhat surprising too. The 3.3% rise in exports YoY overpowered the memories of a 1.3% decline in June, the data from State Customs has revealed. This shows that China could perhaps outlast any tariffs and issues the US throws its way. Unsurprisingly, overall […]
ASIA: Last week on Thursday, President Trump threatened to add another 10% tariff on an additional 300 billion USD worth of goods coming into the U.S. from China. China responded to President Trump’s threat by allowing the Chinese yuan — with the current exchange rate of 7.05 Chinese Yuan to the dollar — sink to […]
QUESTION: Marty, Socrates has done an amazing job forecasting gold all by itself. What I find stunning is gold is rising but so is the dollar. This once again points out that all this gold analysis that it will soar because the dollar is fiat and will go to zero seems really absurd. You have […]
ASIA: The major Asian stock markets had a mixed day today: Shanghai decreased 43.94 points or -1.56% to 2,777.56 Kospi decreased 29.48 points or -1.51% to 1,917.50 ASX 200 decreased 162.20 points or -2.44% to 6,478.10 NIKKEI 225 decreased 134.98 points or -0.65% to 20,585.31 Hang Seng decreased 175.08 points or -0.67% to 25,976.24 SENSEX […]
ASIA: The major Asian stock markets had a negative day today: Shanghai decreased 46.34 points or -1.62% to 2,821.50 Kospi decreased 51.15 points or -2.56% to 1,946.98 ASX 200 decreased 128.30 points or -1.90% to 6,640.30 NIKKEI 225 decreased 366.87 points or -1.74% to 20,720.29 Hang Seng decreased 767.26 points or -2.85% to 26,151.32 SENSEX […]
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ASIA: There has been news suggesting that China wants to retaliate to the tariffs imposed by Trump, but their faltering economy and high debt burden does not allow them to do so. Today, China’s Ministry of Commerce, which is heavily involved in the country’s trade policy, said it would “take necessary counter measures to resolutely […]
