QUESTION: Dear Martin, I have been reading your work for several years. since you were in prison…I was able to download it from the internet and saved it all. I bought your Gold and Banking Analyses and read your daily pieces religiously. I was not able to attend the WEC as it appears you favor conferences in […]
When you have a consistent system that is running on absolutely everything around the world, you can simply look at it dispassionately and judge everything by the same standards. In gold, euro, Canadian dollar, DAX, and many other markets, we generally moved to weekly, monthly and/or quarterly reversals and then stopped shy of electing them. This typically reflects […]
You really have to question what Trump was thinking when he commented that he supports punishing women for having illegal abortions. Of course, he has now come out and reversed his stance after saying women who undergo the procedure should face “some form of punishment” if doctors are outlawed from performing such procedures. Legally he would be correct […]
QUESTION: Marty, your point is well taken that we instinctively seek a guru be it in forecasting or politics. We have to understand we are doing that in order to escape responsibility and are really followers. Do you have any idea why we do that so instinctively? BH ANSWER: No. Perhaps it stems from the same […]
After an initial opening surge in the Nikkei, briefly topping 17k, sellers appeared and drove prices lower to close the day -0.7%. The JPY was weaker throughout the morning session but had also turned stronger to balance the Nikkei swing. With the 10yr JGB having turned negative recently, this will squeeze banks and foreigners in […]
QUESTION: Marty; I attended your WEC in Princeton. It was really amazing. The year before you had pre-conference training session. That might be a good idea to bring back for this year. On another note, Trump seems to be just self-destructing and Cruz has effectively said the Republican Party is over for he will not […]
One sure sign that things are getting crazy as we approach 2017, the Year from Political Hell, is that there are no recent reports of UFO sightings or abductions. Either the aliens left and said, “You people are crazy!” or perhaps the aliens replaced our leaders with those intent on destroying the society that they […]
The last time a Republican Presidential Convention opened without a decided nominee in the primaries was 1976, during the fight between Ronald Reagan and Gerald Ford. There were past efforts by the establishment to stop two people they regarded as outsiders — Barry Goldwater in 1964 and Ronald Reagan in 1976. It looks as if […]
Asia followed the bullish tone provided by the Federal Reserve with a gap higher opening of around 1%. Mainland China and Hang Seng managed to build upon this enthusiasm, eventually closing up almost 2.5% each. The same could not be said of Japan when the Nikkei had problems holding the 17k psychological level. Tomorrow being […]
Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed becoming the world’s central bank. Yellen has admitted that everyone is lobbying the Fed to surrender its domestic policy objectives for international ones. This is precisely […]
