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Market Talk – December 16, 2022

ASIA: Uncertainty facing the global economy next year will exacerbate challenges at home for China, economists in Beijing say, while urging swift support to help counter external headwinds. As the risk of global recession looms, China should stay alert to turbulence in international markets and the potential of another financial crisis, said former vice-finance minister […]

January 1st, 2023 Tax on ETFs

QUESTION: Hi Marty, Please help as I invest in mostly ETFs from Australia. I was getting  USD exposure but now looks to be ending by Jan 1st, 2023. I was Informed 2 days ago. Could you do a post about this and any potential workarounds as I’d take a guess a lot of International clients […]

Biden to Destroy the Fishing Industry Next

The Biden Administration is now targeting fishing. They have argued all along that boats expel more CO2 than cars, Cows, or Airplanes. So it is no surprise to now target boating imposing a 10-knot speed limit. This will end the deep sea fishing period – both for sport and food supply. This is up and […]

Market Talk – December 15, 2022

ASIA:   Citigroup Inc said it will wind down its consumer banking business in China, a move which is expected to affect about 1,200 employees in the country. The exit will include products such as deposits, insurance, mortgages, investments, loans and cards, the lender said in a statement Thursday. The bank will also explore options […]

Julian II Hoard

I am pleased to offer the last of a hoard of Julian II (360-363AD) silver siliqua discovered in England known as the Harptree Hoard of 1887. This is the emperor who most likely inspired Thomas Jefferson. This hoard was discovered in the village of East Harptree, located approximately 16 miles southwest of Bath. The hoard […]

Swiss Joining the Force Against Russia

COMMENT: Just read your article on Poland building up a big army, just like Germany. Here in Switzerland they are also active and training their army as never before. …  I would very much appreciate your take on this issue and your view on Switzerland and the Swiss Franc in this scheme. Thank you (and […]

California Unleashing Nationwide Crime Wave

California has infected the United States as a whole for its insane policies have led to contagions that have unleashed a serious crime wave nationwide. Just Google “Shoplifting in San Francisco” and you will find more than 100,000 hits. This has become a real contagion spreading nationwide. You will also find many YouTube videos showing […]

Market Talk – December 14, 2022

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 201.36 points or 0.72% to 28,156.21 Shanghai increased 0.20 points or 0.01% to 3,176.53 Hang Seng increased 77.25 points or 0.39% to 19,673.45 ASX 200 increased 48.00 points or 0.67% to 7,251.30 Kospi increased 26.85 points or 1.13% to 2,399.25 […]

They Lie Just About Everything

Gary Gensler, the Chairman of the SEC and, of course, a former Goldman Sachs executive, has been exposed to keeping two separate calendars of meetings. This may sound shocking, but it is pretty standard in our nation’s capital. Remember Hillary also used a private server. A Freedom of Information Act request will typically seek the […]

The Central Bank Dilemma

  The Central Bank Dilemma has become a major crisis in and of itself. I have been warning these past years that the ONLY tool a central bank has is manipulating the interest rates. Quantitative Easing was primarily to influence long-term rates indirectly since the Fed can only set short-term rates. During the past nine […]