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Month: May 2019

Taxes

QUESTION: Wasn’t there an income in Britain under Addington in 1803 to pay for the war against Napoleon predate the USA? Is the income tax voluntary? GH...

Al Gore Forecast that NO Ice Would Remain at the North Pole by 2013

  In 2009, Al Gore forecast that there would be no ice by 2013. The BBC reported those crazy forecasts back in 2007. I have explained many times that the...

Mini-AOC

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Market Talk – May 17, 2019

ASIA / AUSTRALIA: Luckin Coffee, a Chinese coffee company (whom many consider growing competitor to Starbucks) successfully raised 651 million in an IPO in the US....

Decline in Craftsmanship Between the 1st and 3rd Centuries

COMMENT: I took the tour of the Vatican museum and the sculpture collection is unsurpassed. It was great that a pope told the people to bring statues to the Vatican...

Yield v Reason

QUESTION: I see all of these people calling for a major crash of 50%+. With interest rates so low and the dividends on the Dow twice that of interest rates, does...

The Income Tax is Destroying the World Economy

It is imperative that we MUST eliminate the income tax. It is a purely a Marxist development that is destroying the world economy. The income tax has become such a...

Market Talk – May 16, 2019

ASIA / AUSTRALIA: After President Trump’s national emergency call over IT technology, China has threatened to retaliate against the US with sanctions. China sees...

Is Germany’s Active Volcano Awakening?

Most people have never heard of a volcano in Germany. Well, the caldera of Laacher See was formed after the Laacher volcano that erupted between 12,900 and 11,200...

Capital Controls v Protectionism

QUESTION: Marty; You mentioned at the cocktail party in Rome, which was spectacular BTW, that your concern would be capital controls emerging when the euro starts...