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Eurozone Inflation Reaches New High – Recession Incoming

Inflation in the Eurozone hit a new record in October, according to Eurostat who reported a 10.7% rise. That marks an increase from September’s 9.9% posting and an all-time high since Eurostat began compiling Eurozone data in 1997. The European Central Bank (ECB) attempted to curb inflations with another 75 bps hike last week. The […]

Energy Rationing Arrives in America

Numerous European nations have already stated that energy would be rationed during the winter. The Northeast area of America will now be required to ration energy as well. Biden released 15 million barrels from the emergency reserves to aid the Democrats in the 2022 US midterm elections. He did not provide any oil to the […]

The Next Winter of Death

Remember when Biden publicly chastised the unvaccinated population last year? Do the “right thing,” and you will “get through this.” Those selfish enough to choose medical autonomy, the president stated, were “looking at a winter of severe illness and death for yourselves, your families, and the hospitals you may soon overwhelm.” We have definitive proof […]

Market Talk – October 13, 2022

ASIA:   India’s central bank, the Reserve Bank of India, seeking to arrest the rupee’s slide, is asking local banks to not build additional positions in the non-deliverable forward market, a move that could lead to offshore volatility spilling into local markets, bankers and traders said. The build-up of positions in this segment of the […]

America Quietly Prepares for Nuclear War

I mentioned in a prior post that the US was purchasing anti-radiation medication. The media is urging the public not to fear as this is simply a precaution. Yet, the US would not have shelled out $290 million on a drug if the intelligence agencies did not fear the potential of a nuclear attack. The […]

French Fuel Shortage Leads to Yellow Vest Resurgence

The French, especially in Paris, are starting to feel the effects of the gas shortage. There are reports of cars queued for miles outside gas stations. Some have reported waiting for over an hour, only to find that there was no petrol left to fuel their vehicle. Workers at TotalEnergies and Esso-ExxonMobil in France are […]

Market Talk – October 7, 2022

ASIA:   China’s GDP forecast is to be anywhere between 2.2 percent and 4.1 percent based on a survey conducted by Nikkei last month. Economists and other observers, globally, have also revised the GDP outlook for 2022 to 3.2 percent against Beijing’s official target of 5.5 percent. Compared to the second quarter when the economy […]

Global Egg Shortage

You know the situation is becoming dire when staple food items are no longer on the shelves. France is currently experiencing an egg shortage, and it is the largest egg producer in the Eurozone. The 1,500 billion eggs seen in production in 2021 are expected to decline for the first time on record this year. […]

Hurricane Ian Damage and Insurance Troubles

Those of us in the Tampa Bay area were lucky. Floridians in the eye of the storm experienced devastating floods and winds. At least 109 people are dead, and 55 of those deaths are in Lee County, Florida, alone. A friend of mine has family in Punta Gorda in Charlotte County. They were unable to […]

The Dark Side of Ukraine

QUESTION: You said Bucha was not a massacre by Russians but staged by the neo-Nazis. What proof do you have? DF ANSWER: I am glad you believe the one-sided propaganda. I know Ukraine well and its culture. I have reliable sources there. I do not reveal them for I must respect their protection. There is […]