With core China and the Hang Seng indices trading near their 52week lows, this is the direct opposite to core US indices that are making historic highs! Todays price action almost seemed typical of what we have seen over this past year. US markets are treading water at their highs, whilst Shanghai, Hang Seng, STI […]

QUESTION: Dear Sir/Madam Thank you so much for what you all do. I was just reading today’s Blog 17-08-2018 –  ‘ Real Estate – Leverage – Transition to the Reset ‘.   The bit I did not understand was where it was written  ‘ Keep in mind that as the currency declines, then the repayment cost […]

This year’s World Economic Conference in Orlando will be the launchpad for what is to unfold as we move into 2020. We are holding it after the elections November 16-17 but as we move into the Pi Target on November 21st, which is typically most important politically. This has been the turning point marked 911 […]

  The collapse of the Morandi Bridge in Italy has prompted a serious dispute between Brussels and Italy. Italy is taking the position that the demand of Brussels to comply with austerity denies Italy the ability to even repair its infrastructure for its own people. When it asked previously for relief to deduct the cost of all the refugees, […]

Many people worry about over-indebtedness and point to a default of borrowers. It is interesting how the view of debt is always the low-life borrower. In reality, the real stupidity rests with the lender. Many are pointing to US corporate debt and stating that it has grown to an estimated US $ 7 trillion and they […]

There are three distinct types of inflation – Demand, Asset & Currency. The major type of inflation that everyone assumes is DEMAND. This unfolds when there is actually an economic boom and people have confidence in the economy. Asset Inflation is when there is no real demand from the consumer but the asset values rise […]

The uncertainty seen in US markets shook Asian indices with all markets opening lower. Fortunately, these proved to be the days lows and most markets rallied from there. The Nikkei even managed to move positive and remained around there for the whole afternoon trading. The Yen traded back to 111 handle, but was to regain […]

President Recep Tayyip Erdogan of Turkey is finding his dreams of an all-powerful resurrection of the Ottoman Empire are falling apart. Qatar has come to the aid of Turkey offering $15 billion in a loan, but keep in mind that the entire issue with Syria began with Qatar proposing a pipeline through Syria to compete with natural […]

Well, that bounce was short-lived! China led Asia lower today even as Turkey was recovering. Core Shanghai has found it difficult even with good news. The debt overhang and the sudden decline in allocated cash continue to have a negative effect on the Shanghai, which closed down over 2% today. The Yuan is suffering as […]

The Euro has continued to fall dropping at the time of this post to 11343. The bottom of this channel lies at the 11315 area and behind the curtain, our phone is in meltdown mode.  After’s Italy warning that the ECB has to keep QE going or the entire bond market will collapse forcing the […]