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August 20, 2016
QUESTION: Marty; The Global Market Watch pinpointed Thursday as a knee jerk high in gold. I now understand what the ‘knee jerk’ means. The day before was a low, this was what you call a thrust up but just one day and no follow through. How does the computer know that by the close of […]
August 20, 2016
A number of emails have come in since the rumor mill is now circulating that Bill Clinton has Alzheimer’s disease. In July, I wrote that my sources in Hollywood had said that Bill was not as sharp as he used to be. It has now even made the National Enquirer, but of course, they exaggerated what is going on and claimed […]
August 20, 2016
I went to go see “Hillary’s America.” When I Googled to see where it was playing, there were a bunch of pro-Hillary sites at the top of the page. Nevertheless, about four down, I finally came to the movie. The movie was different than I expected. It went through the history of the Democratic Party, […]
August 19, 2016
The Nikkei did manage a positive close for the end of the week but finished down just over 2% on the week. The JPY continues to play around the par level until the stock markets decide their direction. Shanghai and Hang Seng closed mixed in thin summer trading in what can only be described as lethargic trade. With […]
August 19, 2016
California is about to pass a law that is so totalitarian and anti-citizen, you really have to question what the hell is going on. This new law will criminalize any undercover investigative videos of all “health care providers.” That means, even a local TV cannot make an investigation of a nursing home for abuse. […]
August 19, 2016
In the first six months of the year, the raw data has shown that several central banks have been selling US government bonds in an attempt to support their currencies against the dollar. This has come in part at the request of the United States, exactly as took place back in 1985 at the Plaza […]
August 19, 2016
QUESTION: All energy says spike low on monthly global market watch. Now we had a correction from 52 to $39 so that qualifies but we also had a rally from 39 to 47 so does it still qualify? If Socrates uses the last data point 47 it would not be a spike low but if it accesses […]
August 18, 2016
Exporters within the Nikkei weighed heavy on the index today eventually closing down 1.55% at 16,486. Watching the JPY trade below par was no surprise the likes of Mazda, Toyota and Nissan all traded around 2% lower. Exports for July were the worst seen in seven years down nearly 25% YoY. China played in a […]
August 18, 2016
The Pension Crisis continues to spiral out of control and the central banks are incapable to reversing their policy. Raising rates now will cause budgets to explode and all the bonds they bought would collapse in price no less become totally unsalable. Now in Germany, the Bundesbank has addressed this crisis advising that the population […]
August 18, 2016
Hillary has claimed that Comey said she was honest and truthful in her interview recasting the whole controversy. Now, the FBI sent lawmakers notes on its interview with Hillary Clinton about her use of a private email server, as the State Department confirmed that it will release several thousand work-related messages that Clinton failed to […]