QUESTION: Why do you buy hoards? It is interesting. Just curious. JY ANSWER: The coinage is the ONLY way to truly confirm the history. Much of the most important periods like the 3rd century AD, the fall of the Republic, or the Revolution during the Debt Crisis of the 1st century BC known as the […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 95.82 points or 0.35% to 27,395.01 Shanghai closed Hang Seng closed ASX 200 decreased 22.10 points or -0.30% to 7,468.30 Kospi closed SENSEX decreased 773.69 points or -1.27% to 60,205.06 Nifty50 decreased 226.35 points or -1.25% to 17,891.95     […]

ASIA: India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown from its estimate for the current fiscal year due to the prospect of weak exports, two government officials said. Nominal GDP growth — which includes inflation and is the benchmark […]

There are some who are claiming that the revision of the CPI is to help the Federal Reserve stop fighting inflation. This is typical for Americans who only watch the Fed and nothing else. The formula for the CPI has been routinely altered. Real Estate used to be included but when that was rising too […]

ASIA: China’s decision to reopen its economy will increase inflation in Europe as they both compete for more energy, the president of the European Central Bank said Friday. China’s reopening is “something that will be a positive for China mostly, something that will be a positive for the rest of the world, but we will […]

COMMENT: Hi Marty, Great post on oil and gold. I never owned gold until about 20 years ago. I read about the gold bull of the 70’s and tales of gold mining stocks outperforming in the Great Depression decade. But I never bought into the hype until I started listening to these promoters later. It was […]

  The entire theory of the Petrodollar dates back to the collapse of Bretton Woods and the subsequent oil embargo protesting US support for Israel and the price shock of raising prices. Those were the days when everyone was obsessed with gold and the whole idea of a floating currency that was popular to say […]

I would like to Thank Celeste for this portrait she made of Napoleon – my French Bulldog. You are a great Artist. I enjoyed painting in oils. I was never very good at portraits. I tended to focus on seascapes and occasionally some monuments. I always found it relaxing. This is one I did of […]

ASIA:   China kept benchmark lending rates unchanged for a fifth month on Friday, as expected, but analysts say future cuts are possible as the central bank has pledged to support the COVID-ravaged economy. The one-year loan prime rate (LPR) – on which most new and outstanding loans are based – was left at 3.65%. […]

ASIA:   China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained economic activity. The consumer price index (CPI) in December was 1.8% higher than a year earlier, rising faster than the 1.6% annual gain seen in November, data from the National Bureau of Statistics […]