Bernie Madoff died on April 14, 2021, at the Federal Medical Center in the federal prison in Butner, North Carolina, of the US Bureau of Prisons. A cause of death was not released, but it was probably kidney failure. In February 2020, Madoff had petitioned the courts for an early release from prison, stating that […]

ASIA: Investors are putting billions of dollars more into U.S. stock funds than Chinese ones, according to data from fund research firm EPFR Global. U.S. and China stock funds are the two regions that have attracted the most inflows from international investors over the past two quarters, Cameron Brandt, director of research at EPFR said. […]

This June, Sotheby’s will be auctioning off three of the greatest rarities in the stamp and coin field. The 1933 Double Eagle $20 gold coin, the unique British Guiana One-Cent Black on Magenta, and the unique Inverted Jenny 1918 Plate Block. This is truly an incredible offering from a single collector to have captured three […]

Florida’s Governor Ron DeSantis said he would take executive action this week against vaccine passports. DeSantis said he will be issuing an executive order in the state forbidding vaccine passports. Local governments and businesses that would use these digital passports to allow vaccinated individuals to travel and attend events would not be allowed. He said […]

While the general overview of this market by most technicians has been bearish simply based upon how high the market has risen, we are also in an interesting position where the fiction of vaccines is providing some underlying support. Based upon RELIABLE sources, this entire Build Back Better motto and a scheme were developed BEFORE […]

QUESTION: First I want to thank you for your guidance. You have helped me understand markets where I can see I was clueless before. You seem to be a contrarian. I take that is why you say the majority must always be wrong. Have you learned this to be the best way to look at […]

ASIA: Chinese internet giant Tencent on Wednesday reported a 28 percent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about $73.9 billion). The company’s net profit, calculated on a non-IFRS basis in order to reflect its core earnings by excluding certain one-time or non-cash items, rose 30 percent year on year […]

ASIA: India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, Reuters reported. The plans envisage $8 billion of incentives for carmakers and suppliers over a five-year period to drive large investment in the […]

QUESTION:   Hi Martin Thanks for all the work you do, my day always starts with reading your take on things. I was a member until recently as I am out of a Job. I Live in Toronto, where lockdowns have been the worst and longest in North America. Presently looking to relocate out of the […]

ASIA: China’s new five-year plan, made public on Friday, called tech development a matter of national security, not just economic development, in a break from the previous plan. China is freeing up tens of billions of dollars for its tech industry to borrow. It is cataloging the sectors where the United States or others could […]