Mario Draghi at the European Central Bank (ECB) has moved as expected to try to force the Euroland into an economic recovery by cutting a key interest rate on the overnight deposit rate was cut from -0.2% to -0.3%, to … →
I have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime, failing to file your income tax is the crime. … →
What is becoming clear is that Turkey has most likely NOT acted alone against Russia. They have more likely than not fired the first shot in what may become World War III. Turkey has been buying the oil from ISIS … →
The Thai government has taken steps toward the elimination of cash moving forward. Thailand is abandoning its ‘safe haven’ image. This is yet another step to drive capital to the dollar. (Note: this chart shows the Baht against the dollar so a … →
Rumors between dealers that Chinese authorities could be about to introduce new incentives to boost property prices saw the Shanghai Index rally 2.3% in today’s trading. The Hang Seng closed marginally firmer also (+0.5%) but only a smidgeon in comparison. … →
Yes the Institutional Conference next Spring will be priced at $10,000 per entity and will include a 2 week trial to that level of service.
COMMENT: Dear Martin, This conference was an eye-opener for me, in various respects. I am a really hard-nosed evidentialist by education and a well-tought chartist in various theoretical constructs for more than 30 years. But I never came across your … →
COMMENT: If the Fed is so smart and understands the problem with low/negative interest rates, then why didn’t it hike rates in September? Better yet, why didn’t they raise rates YEARS ago? The Fed has kept rates near zero for seven … →
While the International Monetary Fund (IMF) is expected to give the renminbi (yuan) a political victory by including the Chinese currency in the list of reserve currencies, few in the West even understand what this means. Including the renminbi in … →
Here comes the incompetent government once again. The CFTC has introduced a new rule that automated trading systems must turnover their source code to the government meaning both the Department of Justice for criminal prosecutions and the CFTC. They will … →
