Asian equity markets closed a rather dull week in the positive but off their highs and with lots of dealer talk of possible PBOC easing action over the weekend. Traders are always looking for the next trade, so if it makes sense (or even if it does not) traders will jump on the bandwagon. As […]

COMMENT: Dear Martin –  I have been a follower for some time now and had great pleasure in hearing you speak at the Princeton WEC.  Thank you for so readily sharing your knowledge with those that are willing to listen and learn. I recall you mentioning that governments will often have a desired policy “floated” […]

QUESTION: Hi Martin, Thank you for you blog and your informed perspective on world markets. I’ve owned gold and silver bullion for about 10 years and since 2011 they have behaved much differently. Normally they would spike on geopolitical catastrophes but now they quickly hit a ceiling and collapse on such news. The prices rise in […]

Asia saw a good performance today for stocks on the back of the FED’s supportive stance and the chance of a “one and done” approach, an unchanged policy decision by the Bank of Japan but also China cut in its overnight lending facility. In Europe this positive stance continued early in the session but retraced […]

Do politicians ever really care about society? President Hollande wants to change the French Constitution, but he also wants to extend the state of emergency indefinitely. Why? Is this really about terrorism? Sure, more than 80% of the French are willing to give up civil liberties for security, just as Americans responded after 9/11. That […]

COMMENT: Marty, the goldbugs are like jihadists, they are now proclaiming China will buy all gold and make it $50,000 to $100,000 an ounce. When wrong, just raise the targets to even more insane levels. They really hate your guts and the closer gold comes to making new lows the personal attacks on you escalate. […]

Asian equities lost momentum and saw losses in Shanghai and Hang Seng, and watched the Nikkei give back all of the opening gains. Europe fared no better closing mixed as they waited patiently for the Fed to provide direction. The U.S. market certainly felt it had the direction and momentum it required when we saw […]

Wait long enough, and the coin always flips to the other side. The rumors circulating is that the NY Federal Prosecutors are at last looking to file criminal charges against bankers in Royal Bank of Scotland & J.P. Morgan for selling faulty mortgage backed securities that the KNEW were bogus. The cycle has turned. Bankers […]

QUESTION: Why did ISIS target France rather than Germany? Someone said it was France who created Syria. Is that really true? ANSWER: Germany is not actually a target in this chess game. It is one reason we selected Berlin for our conference, even compared to London, since we had Panic Cycles in November. Germany has […]

All markets opened on a nervous note following Fridays atrocities. In Asia, we saw the Nikkei and Hand Seng both down by more than 1%. This was accompanied by a flight to safety into bonds, gold, and the U.S. dollar. As European markets opened, the mood was still negative, and all indices opened weakly. CAC […]