QUESTION: Your explanation of why increasing the quantity of money has failed seems to be the only explanation that is viable. Do you see the same outcome this time around? PA ANSWER: The academics assume we are morons. There is no comprehension of how human nature responds. Hoards of debased coins are found from […]

  We are living not just in interesting times, we are living in UNPRECEDENTED TIMES, which has raised the stakes profoundly toward civil war. You have to wonder if someone like Bill Gates is really stupid with respect to economics, or is he deliberately trying to further the same agenda he supported for Climate Change […]

QUESTION: Hello Martin, Thank you for your articles; they are really valuable especially at this time. There’s a lot of ‘noise’ out there, so your information and clarity is vitally important. Well it’s clear that international supply chains have pretty much broken down. Going local seems to be the trend for the future. So that […]

ASIA: A slow increase in output and new business, coupled with a steep decline in exports following the global coronavirus pandemic, pulled down India’s manufacturing activity to a four-month low in March, a private survey showed on Thursday. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) declined to 51.8 in March from 54.5 in […]

Here we go with the same old hypothesis over the Quantity Theory of Money that Trump is (1) nationalizing the Fed, (2) the Fed’s actions are worse than the virus, and (3) Forbes proclaims that the Trump & the Fed are destroying the dollar. It is really fascinating how these propositions running around are not […]

There are reports of riots beginning in China. In Thailand, one of the most peaceful communities, there was an armed robbery of a 7/11. You cannot shut down the world economy like this. People will begin to riot after 10 days and we will see a sharp rise in property crimes. People are being deprived […]

QUESTION: Marty, they have always called you the Legend. You have proved that you are probably the greatest trader that ever existed. You not only have choreographed when the correction would start, but you have held our hand through this entire decline. Again you said the market would decline into the 23 of March and […]

ASIA: India announced a nationwide lockdown starting at midnight to contain the novel coronavirus. The duration of the lockdown will be 21 days. India also announced 21.5 million USD of fund allocation to strengthen the health infrastructure in the country. The total cases of coronavirus have surpassed 500 in India. India’s central bank, the Reserve […]

COMMENT:  Trying times. The news just seems to keep getting worse. Not the actual news about the virus itself, but rather, the wake of destruction left behind the actions taken to “flatten the curve”. As a Californian, it seems like Newsom is spreading panic rather than mitigating it. My wife and I have been diligently […]

There is no question that the fundamentalists #1 Golden Rule has been when stocks crash, run to bonds. We are entering the collapse in public confidence and this is BEYOND the central banks despite the massive attempts to intervene. Keynesianism is DEAD!!!! We have entered uncharted territory which is the darkest fears of academics for […]