The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% […]

A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for […]

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ASIA: China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade, according to UBS AG. The bank expects Chinese-controlled mines, including projects in Africa, to raise output to 705,000 tons by 2025 from 194,000 tons in 2022. That would lift […]

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QUESTION: If the metals are not trading at a fair value relative to everything else, then does that not prove they are manipulated? SN   ANSWER: Your problem is the assumption that everything must be trading at some fair value. That is up there with the theory of random walks.  ALL markets trade for periods […]

When the House votes unanimously, there is usually a larger issue at play. It was announced on Friday that the US House of Representatives and the Senate unanimously agreed to declassify information regarding the origins of COVID. Let us recall that one side of the political spectrum effectively shut down the entire economy and used […]

China has maintained neutrality throughout the 13-month conflict between Russia and Ukraine/the West. Yet, Western powers continue to threaten China and allege they are conspiring to send aid to Russia. The heightened attacks on China make one question if Western powers are deliberately instigating a fight. CIA Director William Burns said he is “confident” China […]

A bank failure of this proportion has not been seen since 2008 when Washington Mutual failed. The majority of deposits in Silicon Valley Bank (SVB) are uninsured, meaning the FDIC’s $250,000 protection does not apply. Uninsured depositors will be provided receivership certificates and should receive an advanced dividend this week. The FDIC must sell off […]

COMMENT: Marty; Two former Merrill Lynch traders were each sentenced to a year and a day in prison Thursday for manipulating the precious metals markets, the US Department of Justice announced. Of course, —- —–, which is forever bullish metals, claims they moved the metals in the “direction they wanted from 2008 to 2014.” It […]