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World Events

It’s Time to Turn Out the Lights in Illinois

The roads in Illinois are in decay. This may be the first state to go bankrupt. The question is not if, but when. State unions are so greedy that they are...

Heads They Win, Tails You Lose

QUESTION: Sir, You mentioned in your blog post that money market funds now have to be in government bonds as per SEC ruling. You have said we are going through a...

Goldman Sachs is at it Again

More than 75,000 people have signed their names to a petition protesting against the appointment of former European Union leader José Manuel Barroso to the...

Hoarding Cash – Prelude to the Crash & Burn

We are monitoring confidence in the banking system as reflected by cash withdrawals. The sale of home safes has exploded in many countries. I previously reported...

US Debt: Who is Really Selling & Who is Buying?

QUESTION: Marty; Since you wrote that central banks have been net sellers of US Treasuries for the first six months to support their currencies, others are jumping...

New SEC Money Market Rule Will Send Cash into Treasuries

  The new SEC rule on money market funds takes effect October 17, 2016. There is never a crisis that simply passes. Such events always lead to more...

Are Central Bankers Coming to a Bitter End?

Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. This is why the...

Money Smuggling v Money Laundering

I have warned that when I am traveling these days, the question always posed is – “How much cash do you have?” Even traveling to Warsaw, there are...

US Feds to End Private Prisons

The idea behind private federal prisons was to save money, but they did not. They billed the government the same and now they are losing their business. The US...

Hillary’s Corruption Knows No End

The revelations about Hillary are never ending. Even Donald Trump who admits buying politicians donated $100,000 to Hillary’s Foundation back in 2009. While...