COMMENT: Marty,   Your point about foreign money buying US assets and then adding back money to domestic circulation is quite profound. The inflows from Asia, the Middle East, and Europe are enormous. These monies had to come from somewhere. They were a result of globalization, accumulating dollar assets offshore, or having to convert their […]

  ASIA:   A World Bank report has projected India’s economy to grow 6.9 percent in FY23, much lower than the 8.7 percent growth achieved by the country in the previous financial year. “Growth in India is projected to slow from 8.7 percent in FY2021/22 to 6.9 percent in FY2022/23, the latter revised 0.6 percentage […]

QUESTION #1:  Marty, Thanks for your interesting post about gold and China. Which do you think will perform better this year, gold or the dollar? Thank you. DM QUESTION #2: Marty, obviously the motive behind China buying gold is critical. I tried to explain that to a goldbug. It went in one ear and out […]

ASIA:   China suspended issuing short-term visas in South Korea and Japan on Tuesday, after announcing it would retaliate against countries that required negative COVID-19 tests from Chinese travelers. In the first retaliatory move, the Chinese embassy in South Korea suspended issuing short-term visas for South Korean visitors. It would adjust the policy subject to […]

  Sometimes you need to look behind the curtain before you understand the real trend. It is true that Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released from the central bank’s December meeting. Also what has been […]

The riots in Brazil over the rigging of the election are on point. You cannot allow a razor-thin pretend majority to completely go against the opposite and inflict a leftist agenda. This is the abuse of our election process of a worldwide basis. Governments no long represent ALL the people, but one group violently against […]

ASIA:   The Bank of Japan is considering revising its inflation forecasts upward, sources familiar with the central bank’s thinking said Friday, in a move that could fuel market speculation that the BOJ is set to shift away from its aggressive monetary easing. The revisions would include raising its core consumer inflation outlook for fiscal […]

ASIA:   Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. Japan’s core consumer price index (CPI), which excludes volatile fresh food but includes energy […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 103.94 points or 0.40% to 25,820.80 Shanghai increased 31.70 points or 1.01% to 3,155.22 Hang Seng increased 259.06 points or 1.25% to 21,052.17 ASX 200 increased 4.40 points or 0.06% to 7,063.60 Kospi increased 8.67 points or 0.38% to 2,264.65 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 377.64 points or -1.45% to 25,716.86 Shanghai increased 7.00 points or 0.22% to 3,123.52 Hang Seng increased 647.82 points or 3.22% to 20,793.11 ASX 200 increased 113.00 points or 1.63% to 7,059.20 Kospi increased 37.30 points or 1.68% to 2,255.98 […]