COMMENT: Marty; Two former Merrill Lynch traders were each sentenced to a year and a day in prison Thursday for manipulating the precious metals markets, the US Department of Justice announced. Of course, —- —–, which is forever bullish metals, claims they moved the metals in the “direction they wanted from 2008 to 2014.” It […]
The Biden Administration is responding to the panic phone calls that their Marxist philosophy will bring down the entire financial system. My ear is red as can be. I have had enough of the phone calls today to last the balance of the month. Trying just to do the right thing! Three banks have […]
ASIA: Xi Jinping secured a precedent-breaking third term as president of China on Friday during a parliamentary session in which he tightened his control of the world’s second-largest economy as it emerges from a COVID slump and diplomatic challenges mount. Nearly 3,000 members of China’s rubber-stamp parliament, the National People’s Congress (NPC), voted unanimously […]
In times of economic distress, people will hoard their wealth. This is as true in ancient times as it is in modern times. I was called in about a hoard of gold – one thousand $20 St Gaudians gold coins all dated 1924 – uncirculated. As you see, I have a reputation for buying […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 178.96 points or 0.63% to 28,623.15 Shanghai decreased 7.15 points or -0.22% to 3,276.09 Hang Seng decreased 125.51 points or -0.63% to 19,925.74 ASX 200 increased 3.30 points or 0.05% to 7,311.10 Kospi decreased 12.82 points or -0.53% to 2,419.09 […]
QUESTION: The sales pitch seems to be that there is this $2 quadrillion in global debt that overhangs everything. Paper assets, therefore, will all implode! They seem to be saying that everything has risen due to this debt bubble and it was all created with Zero interest rates. Now that they are going up, the debt […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 135.03 points or 0.48% to 28,444.19 Shanghai decreased 1.85 points or -0.06% to 3,283.25 Hang Seng decreased 483.23 points or -2.35% to 20,051.25 ASX 200 decreased 56.90 points or -0.77% to 7,307.80 Kospi decreased 31.44 points or -1.28% […]
ASIA: India’s domestic economy is its primary engine of growth and the slowdown in economic activity late last year will only be temporary, said Moody’s Analytics on Tuesday. Citing that the private consumption lagging overall GDP for the first time since the Delta wave of Covid-19 struck the economy in the second quarter of 2021, […]
The United States has launched a proxy war, unconstitutionally, circumventing Congress and the American people no less the entire world. What must be understood, is that the Biden Administration, the puppet of the Neocons led now by Victoria Nuland, has brought the entire world to the brink of World War III and they have now […]
ASIA: Retail sales of vehicles in India jumped 16% to around 1.8 million units in February, helped in part by strong demand during the wedding season, an industry body of automobile dealers said on Monday, adding that festivals could push the sales higher in March. Sales have picked up in the last two months […]
