We saw a bit of a rebound in Asia today, after yesterdays decline. Shanghai and Hang Seng both up around 1%, Shanghai outperforming the HSI. Markets were keen to see rallies for the US markets and especially ahead of the much expected FED rate rise, due later today. We are seeing yields in US treasuries […]

QUESTION: Hi Martin, Despite the Bitcoin fanboys arguing that Bitcoin is untouchable by governments, would you agree that once governments, in particular, the Chinese government, make it unlawful to own Bitcoins, the additional introduction of proceeds-of-crime legislation would make it extremely difficult, if not impossible, to use Bitcoins to acquire assets, and dealing a permanent blow […]

QUESTION: Hi Martin, I was unable to attend your WEC in Orlando but purchased it to view remotely. I’ve read the vertical market report and look forward to watching the video of the even when its ready. My only question is with regard to currency. With my currency in AUD I realise the place to be […]

 COMMENT: The market is always wrong, if all people had all information the eurodollar would not move like in casino in either short or long period, it would be quite smooth. And overall I hate money, if all people were good willing there was no need for money, so money equals bad people and there is […]

Hackers have managed to get $70 million worth of Bitcoin, revealing the risk of all electronic forms of money to which cryptocurrencies are not exempt. The prices keep soaring and requests to add it to Socrates have been coming in so we are complying. With the futures about to begin, this should make it a more […]

QUESTION: Do you support Trump increasing the debt by a trillion dollars? I thought you were conservative? PY ANSWER: Well the first thing you have to do is get a grip on what is a reality. Governments around the globe borrow every single year with absolutely no intention of ever paying off their national debts. […]

      We saw another weak day for Asia with two key exchanges losing over 2%. The Japanese Nikkei and Hong Kong’s Hang Seng both lost ground as technology, financials and energy companies continue to give back the years gains. Confidence was already waning but was not helped after Australian growth missed expectation which […]

The Canadian Finance Minister Bill Morneau is refusing to say whether he sold millions of dollars worth of company stock just days before introducing tax changes that may have caused share prices to drop. This type of insider-trading is what politicians always manage to get away with no matter what the country. This dispute is […]

It was the strength of the Yen that took top discussion point today in Asia, or alternatively, the US Dollars weakness. Having shown early gains, the Nikkei tended to drift and was probably influenced by a much weaker China market. The Shanghai index finished near 1% lower as concerns start to grow following the sell-off […]

COMMENT: I read your post on Trump, Jr. and it does appear obvious that there is no investigation into the whole Maginsky Act and why are Trump Jr.’s lawyers not exposing this more? It seems that corruption only really exists when it always involves government. KA ANSWER: Corruption is a huge problem in all governments […]