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Market Talk – March 11, 2022

ASIA: Asian spot liquefied natural gas (LNG) prices declined this week, tracking European gas prices which fell due to stable Russian gas flows and LNG supply. The average LNG price for April delivery into north-east Asia was estimated at $38.00 per metric million British thermal units (mmBtu), down $2.50, or 6.2% from the previous week, […]

The Great Economic Destruction & COMPLEXITY

COMMENT #1: OK Marty, it is now becoming obvious that not only Trump reads your stuff but so does Obama. Trump bought a $19 million remote island and Obama bought one for $15 million. This is not a coincidence. Your war cycle goes nuts next year and we have the worst crop of world leaders […]

Market Talk – March 10, 2022

  ASIA: China has set its lowest annual GDP target in decades, as premier Li Keqiang warned of a “grave and uncertain” outlook against the backdrop of the coronavirus, a slowing economy and the war in Ukraine. Li announced on Saturday the unusually modest target of about 5.5% growth for 2022 – the lowest since […]

Market Talk – March 9, 2022

ASIA: India has signed contracts to export about 500,000 tonnes of wheat in recent days, traders said, cashing in on a sharp rally in international prices and signaling a big uptick in overseas sales from the world’s second biggest producer of the grain. Traders said last week they had received inquiries from buyers seeking alternatives […]

The End of Cryptocurrency Coming?

I warned ion the private blog that cryptocurrencies may end up being suspended. The excuse will be Russia and the news is out now that Biden will sign an Executive Order to regulate cryptos because Russia can use it to circumvent sanctions. Not only is Biden authorizing the regulation of digital currencies, but he is […]

US Effectively Declares World War III Starting with Russia

  World peace is created by economic opportunity. That is how the Roman Empire flourished for 1,000 years. They conquered much of North Africa during the Punic Wars. They conquered Greece and the East during the days of the Republic. Yes, they conquered all of Europe under Julius Caesar. They captured Egypt under Octavian who […]

The Russian Mindset – Failing to Understand

QUESTION: Thanks Marty – would you agree that the west does not understand the Russian mind? For them it’s not all about economic considerations, therefore “sanctions” take a back seat to security and strategy which we can’t comprehend. Americans playing checkers, Russians playing chess. CR REPLY: Our greatest problem is that people have characterized Putin […]

Market Talk – March 4, 2022

ASIA: China is targeting a non-hydro energy storage installed capacity of 30GW by 2025 and grew its battery production output for energy storage by 146% last year, state media has said. The country is aiming for 50% electricity generation from renewable power by 2025, up from 42% currently. Also the State Grid Corporation of China (SGCC) reportedly […]

The WHO Is Developing an International Vaccine Passport

The World Health Organization (WHO) has signed a deal with T-Systems (a Deutsche Telecom subsidiary) for the production of a global QR system to produce an international vaccine passport. The company noted has already implemented vaccine QR codes for over 60 countries, despite the intense resistance by the people. T-Systems is also responsible for implementing […]

Market Talk – March 2, 2022

ASIA: Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country’s economic recovery, a Reuters poll of economists showed on Monday. The forecast was much lower than the robust expansion expected in January’s projection in a sign of the heavy damage chip […]