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. […]
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 […]
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 […]
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 […]
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 […]
