This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee with less than 10,000 in population, announced it will begin charging retail customers to hold their cash starting in September. This will apply to accounts greater than €100,000 euros. This means the bank will charge customers 0.4 percent, which amounts to […]
This contest between Islam and Christianity is primarily at the elite level. The bulk of those in Turkey do not support the idea of returning to the days of old. Of course, both Hitler and Napoleon dreamed about resurrecting the Roman Empire. By no means did this same dream infect the general population. These types […]
I landed in Tampa and called UBER. I got an older woman who was very much a Hillary supporter. I engaged in a conversation not to try to change her mind, but to listen to her reasoning. It was fascinating how she took the position Trump would start a war by insulting people and […]
While the GOP elite are doing everything they can to make sure Hillary beats Trump just to hold on to their power base, the real business community that creates jobs, not the bankers and multinationals, are excited about Trump’s tax plan to reduce corporate taxes to 15%. es that is what I testified before […]
Are we headed into a new age of Islam v Christianity? What people do not grasp is that the first panic in our list of panics from which I derived the Economic Confidence Model was 1683. That was the invasion of the Ottoman Empire directly against Vienna, which was the seat of the Holy Roman […]
The Nikkei (cash market) had a lot to recover having just returned but recover it did. The early bounce was pulled back then the Friday afternoon recovery took over and we closed just off the days highs (+1.2%). China’s Industrial Output was expected at 6.1% but came in a little short at 6% which did […]
We have certainly embarked down the road of a police state. Federal agencies are tracking people who travel on trains and in the air. If someone buys a ticket for cash, the government is notified. They are looking for the slightest thing. I went to the airport to pick up a friend who comes over […]
QUESTION: Hi Martin: Thanks for your blog entries and daily market talk. Question: are the arrays independent of the outcomes of the USA election outcome? If they aren’t, what does Socrates forecast with each candidate winning? Thank you. DA ANSWER: There is absolutely no human input whatsoever. Everything is within the system. The arrays are not […]
While the government is using the global warming theory to raise taxes, the real danger is global cooling. The significance of being unprepared means that we will face a rising threat of a food shortage in the years ahead. This is the real danger of global cooling. It does appear that we are looking at […]
Yet another rather uneventful session made even worse by the fact that Japan had a national holiday. Early trading in the Shanghai tended to follow the weak US sentiment but despite flipping in both directions, eventually closed down but above the psychological 3k level. Hang Seng performed well and it could be said took a […]
