QUESTION: As of today, Basel III comes in effect. Rumour goes that in a couple of months, there will be a lot of turmoil on the market and it would be the start of the implementation of an SDR like thing where people would lose 20-30% of their value and get stuck with this new […]

Anyone who wants to understand why the dollar is the only game in town, all they need do is look at the politics in Europe. It is just absurd. In Britain, Prime Minister Theresa May simply REFUSES to abandon her BREXIT plan no matter how many times Parliament votes against it. She survived a no-confidence […]

The distortion in the yield curve is building with tremendous force. There are vast bids for US 90-day T-Bills from around the world and no offers. The shortage in US government paper is now being reported to us from repo desks around the world. There is a MAJOR PANIC in to the dollar as emerging markets […]

Last week, the yield on the 10-year U.S. Treasury bill fell below that of the 3-month note for the first time since 2007. This is what everyone calls an Inverted Yield Curve, and is seen as an early indicator of a recession. In that regard, it is conforming to the Economic Confidence Model (ECM) which has […]

QUESTION: Why is Facebook going to issue a cryptocurrency? Doesn’t that confirm the evolutionary path of technology? ND ANSWER: The term “cryptocurrency” is being thrown around very loosely. It is true that there is increasing hype and speculation regarding a theoretical Facebook Coin. However, this is not a “cryptocurrency” it is simply a digital entry […]

Asia: Still more bumps in the road, were the words used by the former treasury secretary Jack Lew regarding the US-China trade deal. Still, if no agreement is reached soon, the US has warned it will up the tariffs from 10% to 20% on the 200 Billion dollars’ worth of trade.  A hit to US […]

QUESTION: Do you think that Bitcoin will replace gold as some people claim it is some new reserve asset? Thank you for being the voice of reason in the middle of all these people preaching their own position. GD ANSWER: That is really a bizarre question. I do not see how that is possible. As […]

QUESTION: Dear Martin, you commented very intensively on the ECB destroying bond markets and the failure of monetary policy in Europe. By yesterday the US Fed also declared the end of the shrinking of the balance sheet. Possibly they will start QE4. So I would warmly welcome your comment on the US Fed – throwing […]

There is no doubt that Mueller used his special prosecutor role to engage in selective prosecution to further the role of the Deep State. Paul Manafort was sentenced to nearly four years in federal prison for cheating banks and the government out of millions of dollars. The prison sentence marks the end of a stunning selective prosecution […]

QUESTION: There are a few people coming out claiming the stock market will crash so buy bonds even though you will lose money. How can people keep calling for a mega-crash so long with constantly being wrong since 2010? Thank you for your reason NR ANSWER: These people are still living in a world that […]