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March 15, 2023
ASIA: China’s embattled property sector made new progress in its climb out of a months-long slump as official data for January-February on Wednesday showed much narrower declines in home sales, developer investment and construction starts. Home sales by floor area in the first two months of 2023 fell 3.6% from a year earlier, according […]
March 15, 2023
Two potential GOP candidates for the 2024 US election want to pull America out of the proxy war overseas. This sentiment is not within party lines as Neocons have infiltrated both major political parties as they profit off of war. Trump was extremely vocal about his distaste for the war and has been anti-war in […]
March 14, 2023
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 610.92 points or -2.19% to 27,222.04 Shanghai decreased 23.38 points or -0.72% to 3,245.31 Hang Seng decreased 448.01 points or -2.27% to 19,247.96 ASX 200 decreased 99.90 points or -1.41% to 7,008.90 Kospi decreased 61.63 points or -2.56% to 2,348.97 SENSEX […]
March 14, 2023
The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% […]
March 13, 2023
ASIA: China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade, according to UBS AG. The bank expects Chinese-controlled mines, including projects in Africa, to raise output to 705,000 tons by 2025 from 194,000 tons in 2022. That would lift […]
March 13, 2023
COMMENT: Marty; Two former Merrill Lynch traders were each sentenced to a year and a day in prison Thursday for manipulating the precious metals markets, the US Department of Justice announced. Of course, —- —–, which is forever bullish metals, claims they moved the metals in the “direction they wanted from 2008 to 2014.” It […]
March 12, 2023
The Biden Administration is responding to the panic phone calls that their Marxist philosophy will bring down the entire financial system. My ear is red as can be. I have had enough of the phone calls today to last the balance of the month. Trying just to do the right thing! Three banks have […]
March 10, 2023
ASIA: Xi Jinping secured a precedent-breaking third term as president of China on Friday during a parliamentary session in which he tightened his control of the world’s second-largest economy as it emerges from a COVID slump and diplomatic challenges mount. Nearly 3,000 members of China’s rubber-stamp parliament, the National People’s Congress (NPC), voted unanimously […]
March 9, 2023
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 178.96 points or 0.63% to 28,623.15 Shanghai decreased 7.15 points or -0.22% to 3,276.09 Hang Seng decreased 125.51 points or -0.63% to 19,925.74 ASX 200 increased 3.30 points or 0.05% to 7,311.10 Kospi decreased 12.82 points or -0.53% to 2,419.09 […]
March 8, 2023
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 135.03 points or 0.48% to 28,444.19 Shanghai decreased 1.85 points or -0.06% to 3,283.25 Hang Seng decreased 483.23 points or -2.35% to 20,051.25 ASX 200 decreased 56.90 points or -0.77% to 7,307.80 Kospi decreased 31.44 points or -1.28% […]