Donald Trump believes tariffs could offset taxes, but tariffs will be a tax in itself to the American consumer. Trump is proposing to raise taxes from 60% to 100% on Chinese goods. He would also like to implement a universal tariff from 10% to 20% on all international imports. Ultimately, the consumer will end up […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 62.09 points or -0.16% to 38,352.34 • Shanghai increased 21.98 points or 0.66% to 3,367.99 • Hang Seng increased 41.34 points or 0.21% to 19,705.01 • ASX 200 decreased 47.70 points or -0.57% to 8,326.30 • SENSEX closed • Nifty50 […]
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 193.58 points or 0.51% to 38,414.43 • Shanghai increased 22.16 points or 0.67% to 3,346.01 • Hang Seng increased 87.06 points or 0.44% to 19,663.67 • ASX 200 increased 73.80 points or 0.89% to 8,374.00 • SENSEX increased 90.23 points […]
COMMENT: Marty, Socrates is truly astonishing. You also called a high in gold and said this was indicating a Trump victory, for he is anti-war, so gold would decline, not rally. Every market has performed as you laid out, and I can now see how it all dovetails to support the political forecast. You are […]
COMMENT: Wow. All the major people who have touted a Harris victory have never been wrong. Newsweek proclaimed every major forecaster gave it to Harris. Socrates has projected every single race without fail. I know. I bet them. Trump flipped Georgia, Pennsylvania, and Wisconsin in his favor, leading to the Republican’s victory. When will the […]
Next week, those attending the World Economic Conference and Virtual Plus can access this report from your portal. It concerns the prospect of capital controls relative to gold, providing the historical backdrop to how they have even treated gold during wars. This also includes the outlook for both gold and silver. This report may provide an […]
We will temporarily pause Market Talk until mid-November as our staff focuses on the World Economic Conference. ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 closed • Shanghai increased 38.19 points or 1.17% to 3,310.21 • Hang Seng increased 61.09 points or 0.30% to 20,567.52 • ASX 200 […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 1,027.58 points or -2.63% to 38,053.67 • Shanghai decreased 7.81 points or -0.24% to 3,272.01 • Hang Seng increased 189.10 points or 0.93% to 20,506.43 • ASX 200 decreased 41.20 points or -0.50% to 8,118.80 • SENSEX increased 335.06 points […]
People are writing to ask if Trump is adopting our solution since he talked about eliminating the income tax, which I was proposing during the ’90s. There is no longer a need for income taxes at the federal level because money is no longer tangible. Taxes were necessary when money was gold and silver […]
