How is it possible that we can have legalized class warfare and politicians run on extorting the rich at gun point with threat of imprisonment if they do not pay their “fair share” which is somehow a higher percentage than everyone else and this miraculously does not violate Equal Protection and Justice for All? The […]
It is amazing that people keep voting for career politicians every time and then are dissatisfied every time. Now Reuters is reporting that most French voters are now dissatisfied with Emmanuel Macron’s performance. The latest poll shows a sharp decline for Macron who won a landslide. The poll revealed that Macron’s “dissatisfaction rating” has risen […]
QUESTION: Sir, In March 2013 Cyprus performed a forced loan through their banking system of about 50%. You have warned that if they do it there, they will do it here. Are trading accounts safe? Respectfully DK ANSWER: The Cyprus event was instigated by Germany’s fixation with its hyperinflation and thus they are fighting […]
The issue of credit default swaps (CDS) in 2017 is running at twice that of last year reflecting rising concerns of another coming crash. The number of hedge funds and banks dealing with highly sensitive credit derivatives has reached almost $30 billion in 2017 up from only about $ 15 billion in 2016 and just […]
Asia benefited from the afternoon bounce in the US markets, with all core performing across the board. The Hang Seng probably saw large cap’s perform on the back of a further gains made in the Yuan’s appreciation. Shanghai finished small down but again in extremely light summer volume. The Nikkei regained much of yesterdays loss […]
Kim Jung-un watches his launch, but on the screen you will notice charts of markets. He is clearly trying to disrupt the financial markets with the launching missiles. Is North Korea playing inside-trading with secret proxy accounts? You really cannot tell which markets he is following. It appears the left three are dropping and the […]
The Germany has posted a stunning 4.3% rise in tax revenues during the first half of 2017. I have warned that while the ECB keeps buying government bonds to “stimulate” the economy, they keep trying to sterize the expansion by raising taxes and hunting people for taxes. They do not seem to grasp that injecting […]
COMMENT: Interestingly enough, in Switzerland the -in majority- leftish and Pro-EU government has been trying to push Switzerland into EU for years as you’re aware of. Now the SVP is fighting against a new international contract, called “institutional agreement” which would give (amongst others) the EUGH the Supremacy Clause over Switzerland – end of Swiss direct […]
According to the new draft law proposal, all persons who enter the US will have to declare their holdings in crypto currencies with a value over 10,000 dollars. This is the case with larger quantities of cash or precious metals. Naturally, they are calling this money laundering and possible funding of terrorism. It’s really about taxes. I […]
QUESTION: You seem to have given up hope on Trump getting his agenda through Congress. Do you agree that the Trump presidency is a failure? BV ANSWER: There is no question that the powers that be are out to stop Trump at all costs. They are indeed winning. But Trump is his own worst enemy. […]
