“Rates will stay low, very low, for a long period of time and well past the horizon of our purchases,” Draghi declared. “From today’s perspective and taking into account the support of our measures to growth and inflation, we don’t anticipate that it will be necessary to reduce rates further.” The ECB cut its main interest […]
The man who made Wall Street famous was John Gutfreund, which he always pronounced as GOOD-friend, has died at the age of 86 who became known as “King of Wall Street” back in 1985 for building the Investment Bank and bond trading house of Salomon Brothers into the number one underwriter in the world, the […]
The surprise rate cut by the New Zealand Central Bank earlier this morning spooked a few markets especially ahead of the ECB later in the day. The Nikkei liked the news which resulted in a +1.3% rally but that has been reversed after the wests reaction to the ECB this evening. In late US trading […]
QUESTION: Marty; I couldn’t stop reading the new Gold Report. All I can say is WOW. Thanks for showing your $5,000 target is not just pulled out of thin air like everyone else. It is always the interplay that determines the trend. This blows away the typical garbage analysis. Nothing can be looked at by […]
QUESTION: Mr. Armstrong; Are you saying they never intended to create a democracy since the founding fathers created the Electoral College? ANSWER: Correct. We have a republic and not a democracy, despite the fact they call this a democracy. You vote for delegates to represent you. The rules allow them to defeat any public choice […]
Why Trump Haters Really Hate Trump It’s not the hair. Or the bad manners. Or the “beautiful” wall he says he’ll build. There’s a different, more subtle reason why the Republican establishment, donor class, political operatives, and the news media in general […]
Neil Bush joins Cruz The Bush clan is now backing Cruz. Cruz’s wife, Heidi, is a managing director at Goldman Sachs. Astonishingly, Cruz forgot to disclose that Goldman Sachs gave him a loan to campaign. That would be plausible if hundreds of people did that. But how could you “forget” that your wife’s employer gave you […]
Caution this is very disturbing This is the video evidence that shows how ruthless government employees have become against the people. This is the outright murder of Robert “LaVoy” Finicum. Nobody shot at the police. Yet, they murdered LaVoy and kept shooting at the people in the car in an attempt to kill them all. […]
All core Asian markets closed down but off their lows. Shanghai was down almost 4% in the morning session and so a -1.3% close almost felt like an up day! All eyes still seem to be concentrating on the RMB against the USD, fixed on every daily move. It is worth monitoring the RMB against a basket […]
This year’s report will not be part of the WEC Materials. We are looking to hold the next WEC conference after the presidential elections. Part II of this report will include all the metals, such as gold, platinum, palladium, copper, along with silver. We will also do the precious metals in the various currencies. […]
