QUESTION: Dear Martin: How does this affect cash flow to and within the USA? (China Bond market) Rich ANSWER: It does not alter anything just yet. Most of the capital outflow from China has been its own people trying to get cash out. They were using BitCoin to accomplish that. This is a first step […]
The governor of California is just insane and out of control. Besides the boasting that California is its own country free to enter into treaties with Europe against the Constitution, now Governor Brown is restricting the freedom of movement of its citizens, creating a list of states within the USA that California is imposing […]
The most anti-democratic law perhaps ever to pass any western government just passed in the German Bundestag last week. Even the opposition Social Democratic Party (SPD) votes to suppress free speech and it is all geared to end criticism of government. This new law obligates the operators of social networks to block off anything that […]
Project Veritas, which CNN and others try bad mouthing, has caught CNN’s Supervising Producer admitting (1) they are on a witch-hunt against Trump, and (2) they constantly bash Trump with Russia putting the entire world at risk of war simply to make money. They treat their viewers as idiots who lack enough intelligence to distinguish […]
DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES, ET AL. No. 16–1436 (16A1190) v. INTERNATIONAL REFUGEE ASSISTANCE PROJECT, ET AL. 582 U. S. ____ (2017) (Per Curiam) Trump-Internation al Refugee Assistance Project Donald Trump was vindicated by the Supreme Court regarding the dispute over the provisional entry ban for citizens from six countries. The Supreme […]
I reported previously that the European Commission is seeking to take the clearing of the Euro derivative transactions from London and move them to Paris. The European Central Bank (ECB) is warning that it must secure strong access rights for the supervision of the cross-border settlement of financial transactions after the departure of Great Britain from […]
In Hungary, NGOs (non-governmental organizations) will have to be registered in court and their foreign donors will be disclosed. The Hungarian Parliament adopted what many are calling the most controversial laws of recent years. Prime Minister Viktor Orban, advocated the so-called NGO Law that obligates non-governmental organizations with more than 24,000 euros per year from […]
The European Union is preparing the legal basis to take over London’s extensive trading business with euro derivatives. This is just another complete failure of bureaucrats to comprehend market function. Perhaps they should also outlaw euro trading in the USA and Asia. That would be real smart. Then they can all sit down and play […]
Justice Sotomayor in the Supreme Court just held that the 5-year statute of limitations for penalties under 28 USC 2462 applies to SEC disgorgement claims. This is a monumental decision for in every case the SEC claims they has disgorge you back to birth. In KOKESH v. SECURITIES AND EXCHANGE COMMISSION decided June 5th. Because disgorgement sought by […]
QUESTION: Any comments on the Deutsche Bank trader admitting to manipulating the metals markets? JK ANSWER: The way these people claim the metals are manipulated make it sound as if gold would be $10,000 but for the market manipulations. That is total and complete nonsense. The former Deutsche Bank trader David Liew has confessed to a […]
