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Give me six lines written by the most honest man & I will find something to hang him

December 1, 2017

One of the most notorious political men who also pretended to be a man of God, was Cardinal Armand Jean du Plessis, Duke of Richelieu and Fronsac (1585–1642), who is commonly referred to as Cardinal Richelieu. Richelieu was a French nobleman and statesman who then pretended to be religious. During the 17th century, controlling the Catholic Church […]

Evidence of International Trade from the 12th Century

December 1, 2017

Some Archaeologists in France with the National Center for Scientific Research announced that they have unearthed a hoard of 2,200 silver deniers and oboles, 21 Islamic gold dinars, a very impressive gold signet ring from the Abbey of Cluny, located in Saône-et-Loire, reported by Mining. While they have claimed this is the largest hoard and seem […]

Soros Throws in the Towel

December 1, 2017

COMMENT: Marty; You have beaten Soros. Don’t know if you have seen this, but they now report “George Soros finishes his crash bets against the US stock market. The investor legend seems to have lost its way and acts with little fortune. Now he has to reveal himself.” PC REPLY: Interesting. Soros became famous with the bet […]

Market Talk- November 30, 2017

November 30, 2017

The tech sector took the label of responsibility overnight in Asia for the reason given for most declines. The Hang Seng suffered the most falling near 1.5% following Wednesday price action in the NASDAQ. Even Shanghai lost 0.6% which was a surprise given the promising PMI print (51.8% against a consensus of 51.4%). Energy and […]

Top 30 Risky Banks – Does it Really Matter?

November 30, 2017

The Royal Bank of Canada (RPC) has been added to the list of the top 30 banks posing the greatest risk. The top US bank is JP Morgan which is now the only bank required to hold an extra 2.5% of common equity after its US peer Citigroup moved down a tier required to hold 2% […]

High-End Real Estate Starting to Enter Crash Mode

November 30, 2017

The high-end market in Connecticut is starting to decline. The hedge fund manager Stanley Druckenmiller bought his estate in 2004 for $23 million. He had it on the market for $31.5 million. The best offer he got was $25 million. He took the money and ran. Smart move! With a real estate tax of about $154,000 annually, looks […]

Market Talk- November 29, 2017

November 29, 2017

Asia performed well overnight following on from a strong US session. The Nikkei opened strong and remained well bid into the close. The Yen fell towards the high 111’s a loss of around +0.3% on the day. The North Korean missile test with it apparently falling into Japanese waters, was quickly ignored even given the […]

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