All posts in "News"

New Governor of California Want to Tax Water

January 15, 2019

The total mismanagement and incompetence of government is just beyond description. The new California Governor Gavin Newsom presented his first state budget during a news conference, last week on January 10th, 2019. While he won bashing Trump over the illegal aliens because he care so much for families, he could care less about how much […]

Market Talk- January 14, 2019

January 14, 2019

A weak start to the week for Asia probably reflecting China’s poor trade data. This mornings data was the lowest in two years and raises concerns of an accelerating global slowdown. The data also posts a 17% increase with the USA, but also worth mentioning is that imports are over 15% lower from Germany too. […]

Warning Neocons Joining Democrats to Support War

January 14, 2019

I have previously written that all wars have been started by the Democrats with the single exception of the Iraq War under Dick Cheney and the Neocons. Now after Trump has pulled out of Syria, the Neocons are meeting with the Democrats to retake the White House and restore the effort to bring World War III […]

Understanding Why the Euro is a Failure & The One Big Happy Family

January 14, 2019

If you ask in Europe are people happy with the Euro, you will generally get a response of about 80% in favor. Even if you ask are people happy to be part of the EU, the majority over 90% will say yes. The curious thing is they buy this propaganda that on the surface Europe […]

Why central banks cannot really Manage Anything

January 14, 2019

QUESTION: Marty you recently said that “the entire problem of lowering interest rates to ‘stimulate’ the economy demonstrates that central banks cannot really manage anything.” Is this statement really true? BG ANSWER: Absolutely. There is a basic presumption in all human activity that somehow we possess the power to do anything be it end Global […]

The 1943 Copper Penny a Flop? Or just Over Hype by Heritage Auctions?

January 13, 2019

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 […]

The Coming Launch of Socrates

January 12, 2019

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 […]

Market Talk- January 11, 2019

January 11, 2019

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 […]

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