QUESTION: I read that the Heritage auction of the penny they said would bring $1.7 million was a flop. Any indication as to why? Or is it just the firm trying to pawn something for big bucks? HK ANSWER: I have no idea why Heritage would have claimed the coin would bring $1.7 million. It is […]
QUESTION: Marty, Back in 2015 when they closed the Chicago MERC after 167 years, you did a piece about how flashing screens do not provide the same “feel” as tape watching and floor trading. You also mentioned in that piece that “after Socrates, you will recreate something you always wanted to do” in relation to bringing […]
The magnetic poles on the Sun flip about every 11 years. Since nobody lives there, we really have no idea what the effects would be. On Earth, the major pole shifts that are permanent tend to be in the 720,000 years range. So once again, there was nobody around to record what really happens. I […]
Last minute positivity in the US was released into Asia and we saw all core markets open higher. The Nikkei gained 1% on the day, even with poor economic data. The Economy watchers Index (Household Spending) released at 48% compared to the 50.5% expected. Previously, this number was recorded at 51, so was already written […]
QUESTION: Dear Martin, you are very right that govs intend to terminate high denomination euros. In Germany it has been impossible to pay cash with a €500 note for quite some time now – at least at most of the shops I usually go to on a weekly basis. At the end of last year […]
COMMENT: Hi, Hunt for taxes is running full scale in Scandinavia. In Sweden, all vehicles including foreign registered vehicles, are obliged to pay congestion taxes in Stockholm and Gothenburg as well as infrastructure charges in Motala and Sundsvall. Sometimes, the automatic camera system reads the license plate falsely and few people in Finland have gotten monthly […]
The Yellow Vest movement is indeed spreading worldwide. In France, they are out destroying speed cameras. Most Americans are familiar only with the red light cameras that cities have been forced to take down for they are unconstitutional. That is why you did not get points for the violation, just penalties. In Europe, the speed […]
Today was one of those days that had the potential to see lots, yet decided to leave it for another day. In China we saw a lower than expected print for the inflation data (1.9% against expectations of 2.1%), resulting in a nonchalant equity performance. The Shanghai closed at the days lows, but still just […]
The reaction from the Democrats and the mainstream media against Trump is really absurd. VOX wrote that he should not even be allowed to address the nation. They wrote: “After watching President Trump’s primetime immigration speech Tuesday, my overwhelming impression was this: Why, oh why, did anyone think it was a good idea to air […]
