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Happy Hanukkah

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Can Rates Rise with Deflation?

QUESTION: Hi Marty, How does the model’s call for deflation (earlier blog posts) fit in with the likely major cycle low in interest rates (per your recent...

The Future is Not as Dark As it Seems

I took this picture at the beach. At first glance, it is hard to tell if it is a sunrise or a sunset. For the record, it was a sunrise – the dawn of a new...

Market Talk – December 23rd, 2016

  An extremely quiet day, as you would expect in this holiday shortened trading session. With Japan on a public holiday due to Emperors Day it was left to the...

The ECB is Insolvent Based on Their Standards

As we approach 2017, the euro appears far worse than anyone could imagine. The biggest hypocrite is actually Mario Draghi who is outrageously managing the...

Clarification on India’s Gold Confiscation

To make it clear, India is not going door to door to confiscate gold any more than FDR did. The reason so many $20 gold coins have survived is because there was no...

Destroying the Global Political Economy

QUESTION: Well Marty, I am actually baffled at what is happening in the United States. First, the demonstrations, the recount, the campaign to derail the electoral...

Market Talk – December 22, 2016

After a reasonably quiet session for the US markets (when many had hoped the DOW would break the 20k level) Asia had little chance of making much ground. The Hang...

Private Blog Update for Gold

Private Blog Update for Gold going into Close...