When you consider the DOW was off 550 points you would have expected significantly more weakness in Asia, but that was not to be! With 15mins trading time to go we saw the DOW bounce 10 points a minute to close off 400 and that almost gives you the kind of liquidity the markets are […]
QUESTION: Do you think stem cell research will be the next advance in medicine? KW ANSWER: It is a shame that much is misunderstood and has been driven offshore. So many people think Stem Cells are taken from dead babies. They are gathered from the umbilical cord but can be extracted from your teeth or even […]
COMMENT: I read your piece on taking the profit out of prostitution to end kidnapping young girls. That has been a huge problem in Eastern Europe and girls were even getting kidnapped in Western Europe on vacation. Here in Italy, there was a huge problem of kidnapping people and demanding money from their families. The […]
COMMENT: The Hunt for taxes Just to bring to your attention a scandal coming out with the Tax office in Australia pursuing aggressive revenue targets, and using unethical practices to generate it. D ANSWER: The scandal in Australia with the head of the Tax office is shocking involving a $165 million tax-fraud syndicate scandal. The police […]
Asia opened better and saw some impressive gains from the core. The Nikkei had a solid day with a near 1% gain whilst the Yen remains soft flirting with the 109 handle. Exporters and industrials led many o the advances with some banks also lending a hand. Shanghai gained an impressive 2% in todays market, […]
COMMENT: Hi Martin, reading your article about the SPD imposing Marxism on Germany is horrifying. To see established political parties so greedy that they’re willing to partner with fringe parties to maintain control is nuts. We’re currently seeing this in British Columbia where the Liberal party lost its majority due to a government formed by […]
QUESTION: Hey Martin You always say that us in Europe better get our money out while we still can. I know that you recommend bank account in US but that isn’t always so easy. As some kind of alternative, what do you think about storing some gold in Asia ( Hong Kong, Singapore etc.) I am […]
QUESTION: You have said it is a waste of time to try to persuade a government to act in advance of a crisis. Nobody seems to even come close to you with experience and contacts. Still, do you think it is possible to ever change that reality? PL ANSWER: Sadly no. The only possible way to change […]
Asia tried to be positive today, but soon after the opening bell we were back in the red again with early volume increasing. However, with the exception of Nikkei, HSI and Shanghai this was the case. Early jitters were rejected for the SENSEX in India as support for IT, banks and auto’s helped values. The […]
At least 10 people have died in Nicaragua during this week’s violent protests over the government’s planned changes to the social security system. Nicaraguans began protesting on Wednesday against measures that increase worker contributions and lower pensions. The economics of Marxism has completely failed and the decline in the birthrates spells doom for most pension […]
