When the weather goes against Global Warming, they flip it into volatility and claim cold is now the byproduct of Global Warming. Al Gore’s environmental group, Penn State University climate scientist Michael Mann wrote, “the unusual weather we’re seeing this winter is in no way evidence against climate change,” it’s “an example of precisely the […]
COMMENT: Mr. Armstrong; The economy is in a poor state at best because the government just does not know how to manage the state and this proxy war with Saudi Arabia is draining everything here in Iran. What is your view on the economy going forward? REPLY: The lifting of economic sanctions under the 2015 nuclear deal […]
Teacher Deyshia Hargrave was questioning the school board how they can vote to give the superintendent a raise when school employees have not gotten a raise in years. A policeman from the parish Marshal’s Office told her to leave the room. He shut down her freedom of speech to even ask a question in a […]
The pressure has to be so great in this land to ever obtain any justice. In the case of the rancher, Bundy, the government has been on a crusade to imprison him if not outright murder him to uphold their supreme authority to ignore the Constitution. A U.S. Federal District Judge Gloria Navarro dismissed all charges […]
We saw a strong response in the Hang Seng index today, taking it to yet another short-term record level. Shanghai also closed positively (+0.2%), but not the +1% performance recorded in the HSI. China’s Trade numbers failed to meet the widely expected 13% releasing at 4.5% which is probably why Shanghai lagged. The Nikkei still […]
TIME is more than just money; it’s absolutely everything and then some! Personal opinion just utterly fails because we are all human. Markets routinely do what the majority never expects. That is their function. They mutate like a virus always changing its genetic code to defeat medicine, or in this case, traders. This why most […]
Believe it or not, the town of Westminster in Massachusetts arrests people for failing to renew a dog license. The municipality issued an arrest warrant for Brian Vincent for not renewing his dog license. The town officials do not deny using the criminal procedure to collect fees. They claim that all proper procedures were followed when handling the […]
COUNTERPARTY RISK QUESTION: In regard to counterparty risk when purchasing exchange traded funds or notes: With European banks being under capitalised due to the excessive risk undertaken due to the EU regulations regarding bailouts, how can we measure the threat of each counterparty which has backed each ETF. Would it be safer to consider only ETFs with US counterparties, […]
Currency tended to have more of an effect today in Asian trading, well certainly for Japan anyway! The Yen played between low and higher end of 111, edging lower into the close of the session as earnings failed to match expectation. Late in the US trading day, the Yen was flirting with a 110 handle […]
The British government is also going completely nuts with criminal charges for nonsense. British prosecutors charged a woman for calling a man a “pussy”. Then there is the case of a businessman who was charged with a hate crime for saying to a transgender man presenting himself as a woman – “all right geezer.” He alleged […]
