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Epstein Tried to Blackmail Gates – JPMorgan v Murdoch News Corp?

News outlets are reporting that Jeffrey Epstein allegedly attempted to blackmail Bill Gates after discovering he was having an affair with Mila Antonova, a Russian bridge player. Epstein wanted Gates to join him in creating a multi-billion dollar “charitable” fund with JPMorgan Chase. Epstein attempted to use Gates’ affair with Mila as leverage but failed. It […]

Market Talk – May 19, 2023

ASIA:   India’s foreign exchange reserves experienced a continuous increase for the third week in a row, reaching $599.53 billion as of May 12. This level represents the highest amount since early June, according to the Reserve Bank of India’s statistical supplement released on Friday. The reserves saw a rise of $3.55 b billion compared […]

Ukrainian Ancient Coin brings more than $5 million at Auction Today

The Balkck Sea Trade – Tauric Chersonesus, Panticapaeum. This is probably the finest known Gold Stater (circa 350-300AD) of Panticapaeum, which was the most powerful city in the Tauric Chersonesus with deep involvement in the lucrative Black Sea grain trade for even back then, Ukraine was a major bread-basket in the ancient world as well. […]

Biden Nominates First Hispanic Woman to Fed Board – Who is She?

The headlines praise Biden for nominating the first Latina woman to the Federal Reserve’s board. None of the current headlines list her qualifications, which is a given since this administration favors diversity over experience. I, for one, would like to know more about the people being placed in positions of power since their nationality has […]

Can Socrates find new solutions to Crises?

QUESTION: Allison Schrager at Bloomberg claimed that AI does a great job finding solutions based on existing rules and information. But it’s less suited for finding novel solutions to new problems. Somehow, this does not seem to apply to Socrates for there are no new problems anyway. Am I correct that Socrates will find new […]

US City to Roll Out Guaranteed Basic Income

The “Rise Up Cambridge: Cash Payments for Families with Kids” will provide low-income households with a monthly check for $500 to test guaranteed basic income. Those eligible are families with children who earn under 250% of the federal poverty level ($75K for a family of four). The 18-month program will not be based on a […]

FED NOW Launch July 2023

  QUESTION #1: why no information on CBDC. Need help fast. Feds are suppose to call in the dollar in July. HELP mk COMMENT #1: This whole thing reminds me of the movie The Omen and we will be accepting the number of the beast and without it we will not be allowed to buy […]

Market Talk – April 27, 2023

ASIA:   Investors are bracing for a regime change in global markets as the Bank of Japan moves closer to abandoning policies that have depressed the yen for decades, luring Japanese money back home. The yen has gained more than 11% from 30-year lows against the dollar last October and about 9% from eight-year lows […]

REMINDER: Inflation was at 1.4% When Biden Took Office

Inflation was only 1.4% when Biden took office. He began implementing policies on his first day that directly created the energy crisis in the US. He refused to reopen the economy under the pretense of COVID for as long as possible, disrupting the supply chain and damaging small businesses. Biden has created multi-trillion dollar spending […]

Biden’s Let’s Finish the Job

Biden’s announcement that he is running was crafted like a Twitter post – not live and posted at 6AM. His message is highly questionable for all he is saying is that the Republicans are radicals and therefore vote for him and he will maintain the status quo. There is a void of any new proposal […]