During the reign of King George III (1760–1820) the first issue of halfpennies actually was not issued until 10 years after his accession to the throne in 1770. Consequently, the vast number of halfpennies in circulation were actually all counterfeits. Indeed, counterfeiting became rampant at first because there was a coin shortage. In 1771, it […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 103.94 points or 0.40% to 25,820.80 Shanghai increased 31.70 points or 1.01% to 3,155.22 Hang Seng increased 259.06 points or 1.25% to 21,052.17 ASX 200 increased 4.40 points or 0.06% to 7,063.60 Kospi increased 8.67 points or 0.38% to 2,264.65 […]

Our inflation models came in at 32% for 2022. This does not include things like paper clips to bring down the entire average. This number is the basic core inflation that consists of food, energy, and transportation. We do not include housing values which rose about 11% in 2022, but because that is the national […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 377.64 points or -1.45% to 25,716.86 Shanghai increased 7.00 points or 0.22% to 3,123.52 Hang Seng increased 647.82 points or 3.22% to 20,793.11 ASX 200 increased 113.00 points or 1.63% to 7,059.20 Kospi increased 37.30 points or 1.68% to 2,255.98 […]

  COMMENT: Marty, I am impressed. Your contacts are unsurpassable. You put out two months ago that Ukraine lost 100,000 soldiers. Some did not believe you. It turns out that was classified information. Ursula von der Leyen, the head of the EU, had released a video and then edited it deleting that very information at […]

  ASIA:   China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. But the current Covid wave may hobble growth in the months ahead. China’s annual GDP is expected to have exceeded 120 trillion yuan ($17.4 trillion) last year, Xi said in […]

  Remember, the future may be in turmoil, but to reach the promised land of reform, we first must go through the crisis that opens the door for the opportunity to create a whole new world. As Einstein said, the ONLY source of knowledge is experience. We must learn from these events to improve the […]

Russia’s Transneft has received applications from Poland and Germany to pump oil for the first quarter of next year, despite reports of unwillingness to continue deliveries. Nikolai Tokarev, president of Transneft, said on the air of the Rossiya-24 TV channel. “They announced that they would not take oil from Russia from January 1. Now we […]

QUESTION: I find it interesting that the Roman coin the academics said was fake has now been shown that it had been in circulation. Is this what you talk about how academics are always trying to reject anything that upset their established view of science or history? SC ANSWER: Absolutely. It does not matter the […]

We wish all of our readers a happy and prosperous holiday season. Due to decreased market activity, Market Talk is postponed until January 3, 2023.   ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 120.15 points or 0.46% to 26,507.87 Shanghai decreased 13.98 points or -0.46% to 3,054.43 […]