The import numbers released from China early this morning was the last thing the commodity based countries wanted to see, especially after having found some decent optimism in recent trading. The Nikkei suffered the most, losing 1.1% on the day, and that carried forward into late U.S. trading where the futures are currently down a further 0.95%. […]

The latest economic news from China shows that, in dollar terms, imports collapsed 20.4% in September from a year earlier to $145.2bn. This is one of the sharpest declines ever, and it is far beyond what was expected. This has had a further impact upon the raw commodity sector and metals. This latest drop in Chinese imports was down […]

  QUESTION: Marty; You mentioned that you met with a board member of the IMF. It certainly seems you are having a much larger impact than you may realize. The IMF is now warning of a crash. Do you think you can help reverse the trend if given the chance? Thank you for caring BG […]

The Belgium government wants to introduce what they are calling the “speculation tax” that will impose a 33% tax on investments liquidated within 6 months. They fail to grasp that this will only send capital elsewhere. Politicians never understand that they are the source of all evil.

QUESTION: What is going through Merkel’s mind with this immigration? Is she just insane? What is happening here in Germany is unbelievable. HS ANSWER:  Angela Merkel is pursuing a policy of open borders. She assumes she will revitalize the German economy to shift from export-dominated to domestic consumption. This is clearly a major radical change in […]

In Europe, despite the positive Asian market with the Shanghai Index exceeding 3% (on the back of weekend government vocal support), we had a lack luster session with no clear direction. The same could really be said for the U.S., but at least there the indices finished in the positive. Oil was probably the most talked about asset of the […]

  Note: Because this was over .5 of a day, we refer to this target as September 30/October 1.

QUESTION: Martin, The ‘Austerity’ argument seems a bit confusing. Surely,  “Austerity” means reducing the size of Government and is an understanding that we can’t keep funding zillions of civil/public servants and on the other is a reduction of the Social Security Bill – healthcare, social benefits, the cost of the un and underemployed etc – both […]

The potential for a slingshot move has not been negated. To negate a slingshot, we need a daily closing in the Dow above 17735. If we have the slingshot and trap the majority, then we should see this rally fail and new lows by the first quarter. Can we merely go into a Phase Transition […]

Major protests have broken out in Belgium over AUSTERITY, according to Le Monde. According to the police, up to 100,000 people demonstrated in the center of the capital against the AUSTERITY measures imposed by Prime Minister Charles Michel. The protests in Europe will get much worse on the other side of 2015.75.