Nigeria has begun the hunt for taxes as they target 700,000 firms as the country is desperate to look for more revenue as its income from oil has collapsed. Nigeria is Africa’s biggest economy and it has entered its first recession in more than 20 years as overspending produces only higher taxes, not economic reform. […]

Today was the first day that the Nikkei cash has had to reflect upon the FED’s decision, as was closed Wednesday for a national holiday. Todays trading result was a small decline (-0.3%) which on the heels of the 2% rally Wednesday was quite refreshing. The other core markets also saw a small decline with the shanghai and […]

QUESTION: You said in the last gold video that ——— could be the possible big turning point in gold.  Do you also see ——— (or 1st quarter next year) as the time when we see ———  aligning to begin the transition from public to private? JT ANSWER: It may not be January precisely, but the turmoil in […]

The Federal Reserve wants to take away the ability of Goldman Sachs and other banks to invest in companies rather than acting as bankers and lending. The U.S. banking regulators are urging Congress to prohibit merchant banking where firms buy stakes in companies rather than lend them money. They are pushing for limits on Wall Street’s ownership […]

Most markets were in a holding pattern awaiting the outcome of central bank decisions. The Nikkei faltered initially but was short-lived as by the end of the day we closed almost unchanged. The BOJ decision expected within the next 24 hours could direct trading for the next few months. Most are looking for additional stimulus […]

As China opened after a long weekend, so it was that Japan was closed for national holiday (Respect for the Aged Day). There was also a computer issue in Australia that resulted in the ASX closing early. Ahead of both the FED and BOJ this week could be interesting. China added more liquidity over the weekend which set the […]

The Stage is being set for the most dramatic political change in our lifetime; or for the young in age rather than just hart, post World War II. Angela Merkel’s party came in with absolutely historic losses in elections in Berlin. Some are claiming, such as the Mayor, this will return Nazis in Germany as the far-right […]

The Nikkei gapped lower and despite several failed attempts to rally finally closed down 0.7%. The JPY after hitting the 103.50 level has traded stronger throughout the European and US trading hours gaining over 100 pips and was last seen around the 102.40 level. The Nikkei futures has had the opposite reaction and has slide […]

A very welcomed rally in the US found the desired effect upon Asia initially but sadly failed to install confidence required to convince and resulting in a mixed session. The Nikkei saw a healthy opening but lost momentum midway through the session. Towards the close we did see some buying interest which managed to close […]

COMMENT:  Hello, First of all, I´m impressed.Really, you basically called the Drop in the Dow a few Days before it happened. How did you put together the crash of 1929 & 1987 in Correlation with the Labor Day we had in 2016? It doesn’t crash every year like this right?  Was this your expierience as […]