ASIA:   China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come out to downplay worries on the economic outlook. The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics said last Friday, in line with […]

ASIA:   China’s factory activity contracted at a faster rate than expected in May, signaling weakening demand and adding pressure on policymakers to support the country’s uneven economic recovery. The official manufacturing purchasing managers’ index (PMI) fell to a five-month low of 48.8, below the 50-point threshold that indicates expansion, and lower than the forecasted […]

    ASIA:   In April, Japan’s core consumer inflation remained well above the central bank’s 2% target, with a key index reaching a four-decade high after excluding fuel effects. This has led to expectations of adjustments to the country’s massive stimulus plan later this year. Recent data revealed that Japan’s economy, the world’s third […]

COMMENT: Marty; Socrates is absolutely amazing. At the start of the year, you showed April as a key turning point in gold followed by May June. The weekly array projected this was the week for the Directional Change. There is nobody with a system like this, which brings to mind its forecasts for war. Ukrainians […]

Happy early Mother’s Day to the women in charge with shaping our society. The vital role of a mother, arguably the most important responsibility one can take on, has been dismissed in recent years as society changes drastically. The woke agenda feels that the word “mother” is offensive and wants to replace the term with […]

COMMENT #1: I see you are not a 100% diehard Republican or a Democrat. Not sure what that makes you. Perhaps you should run for president. LR COMMENT #2: The more I have looked into everything, the more I see your point. The majority of people think linearly. Everything is just a straight line. It […]

ASIA: China Gold Association said that China’s gold production recovered to pre-pandemic level as demand for gold and jewelry jumped during the first quarter of this year. As COVID-19 impacts waned, the gold output of domestic mines operated by big gold enterprises reached around 32.72 tonnes in Q1, accounting for nearly half of the country’s […]

ASIA:   Investors are bracing for a regime change in global markets as the Bank of Japan moves closer to abandoning policies that have depressed the yen for decades, luring Japanese money back home. The yen has gained more than 11% from 30-year lows against the dollar last October and about 9% from eight-year lows […]

COMMENT: Well, the goldbugs are wrong again. This claim that the stock market must crash and only gold will rise is as you say sophistry. It looks like gold and the Dow are rallying together. I can see how they are just promoting a cult-like agenda. Thanks for being objective MH REPLY: We became the […]

ASIA:   Australia’s Foreign Minister, Penny Wong, has urged exporters to diversify their markets and become less dependent on China as Australia cannot separate economic and strategic relationships with China. This comes after both countries reached a consensus to end their dispute over barley, with Australia suspending a case at the World Trade Organization and […]