Skip to content

Market Talk – August 7, 2023

ASIA: China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal. Bullion held by the People’s Bank of China rose by 740,000 troy ounces, the central bank said on Monday. That’s equivalent to about 23 tons. Total stockpiles now sit at […]

Iran and Belarus Ramp Up Drone Production

Russia has compared the recent attack on Moscow’s financial district to 9/11 due to the civilian casualties. Both Ukraine and Russia have experienced mass civilian casualties due to drones supplied by both sides. China has come out to say it will limit drone production entirely. “The risk of some high specification and high-performance civilian unmanned […]

US Credit Rating & the Sovereign Debt Crisis

QUESTION: What do you make of the US debt downgrade? Do you think this has anything to do with indicting Trump in three courts? I know many people decided to donate to Trump today, even for the first time, as a sign of disapproval of the Biden Administration and the RINOs. HJ ANSWER: It is […]

Market Talk – August 3, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 548.41 points or -1.68% to 32,159.28 Shanghai increased 18.77 points or 0.58% to 3,280.46 Hang Seng decreased 96.51 points or -0.49% to 19,420.87 ASX 200 decreased 42.90 points or -0.58% to 7,311.70 Kospi decreased 11.08 points or -0.42% to 2,605.39 […]

Trump Indicted Again to Interfere in the 2024 Election

I have been warning that 2024 will be the most corrupt election in the history of the United States. Our computer has warned that we may not even have an election in 2024 which could be carried out not just on the massive scale of corruption, but they can stage a war to justify locking […]

Market Talk – August 2, 2023

  ASIA: The Argentine government has reached an agreement with the People’s Bank of China to obtain US$1.7 billion in yuan through currency swaps. This will help them fulfill their payment obligations of US$2.7 billion to the International Monetary Fund. To cover the remaining balance, they will receive a loan of US$1 billion from the […]

The Russia-Africa Summit

Putin invited numerous African leaders to St. Petersburg, where they discussed strengthening their alliance. The Russia-Africa summit gave Moscow a platform to show that it has not been isolated by all its allies. The biggest bargaining chip on the table was reimplementing of the grain deal. The UN has all but promised food shortages and […]

Market Talk – August 1, 2023

ASIA: In July, India’s manufacturing activity showed a slight easing for the second consecutive month, as per a private business survey by S&P Global. The Manufacturing Purchasing Managers’ Index (PMI) declined marginally to 57.7 from 57.8 in June but was slightly higher than expected (57.0). Despite the moderation, the pace of expansion remained healthy, with […]

The Biden Administration From Hell

I have dealt with governments around the world. NEVER in my entire career have I EVER witnessed an administration so intent upon pushing a dictatorial regime that is so against the founding principles of a free society as this Biden Administration. To be VERY clear, this really is not an attack on Biden personally. He […]

Market Talk – July 31, 2023

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 412.99 points or 1.26% to 33,172.22 Shanghai increased 15.11 points or 0.46% to 3,291.04 Hang Seng increased 162.38 points or 0.82% to 20,078.94 ASX 200 increased 6.80 points or 0.09% to 7,410.40 Kospi increased 24.26 points or 0.93% to 2,632.58 […]