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March 14, 2023
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 610.92 points or -2.19% to 27,222.04 Shanghai decreased 23.38 points or -0.72% to 3,245.31 Hang Seng decreased 448.01 points or -2.27% to 19,247.96 ASX 200 decreased 99.90 points or -1.41% to 7,008.90 Kospi decreased 61.63 points or -2.56% to 2,348.97 SENSEX […]
March 14, 2023
Caesar’s Wife begged him not to go to the Senate in the morning. She had her vision of his death. Decimus dined with Caesar the night before his assassination and convinced Caesar to leave his house the next morning for staying home because his wife, Calpurnia, was worried was unmanly. That fateful day set in […]
March 14, 2023
This is the former adviser to Zelensky, Alexey Arestovich, who quit in protest. He has publicly stated that “The west deceived Russia. They promised not to push NATO to the east, and they did. They turned Ukraine into a huge anti-Russian country. If I was in Russia’s shoes, I would have done the exact […]
March 14, 2023
The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% […]
March 14, 2023
A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for […]
March 13, 2023
PRIVATE BLOG – Marked to Market Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
March 13, 2023
ASIA: China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade, according to UBS AG. The bank expects Chinese-controlled mines, including projects in Africa, to raise output to 705,000 tons by 2025 from 194,000 tons in 2022. That would lift […]
March 13, 2023
PRIVATE BLOG – The Dow & The Banking Crisis Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
March 13, 2023
QUESTION: If the metals are not trading at a fair value relative to everything else, then does that not prove they are manipulated? SN ANSWER: Your problem is the assumption that everything must be trading at some fair value. That is up there with the theory of random walks. ALL markets trade for periods […]
March 13, 2023
When the House votes unanimously, there is usually a larger issue at play. It was announced on Friday that the US House of Representatives and the Senate unanimously agreed to declassify information regarding the origins of COVID. Let us recall that one side of the political spectrum effectively shut down the entire economy and used […]