QUESTION: Dear Martin: I hope you are doing well. In the movie of James Bond, named “Quantum of Solace”, (filmed in some areas of the Chilean desert), the Bolivian and corrupt general requested his money in Euros, because “the U.S. dollar is NOT the same than before!”. Many asset managers, private investors, men and women […]

Bush is taking on Trump over his comment to uphold English as America’s primary language. “We’re a nation that speaks English. Whether we like it or not, that’s how people assimilate,” Trump declared at a New York press conference. Trump CORRECTLY articulated the issue that speaking English is assimilation and the strength of the nation. Bush is DEAD […]

  The FT ran a commentary entitled, “The case for retiring another ‘barbarous relic'” on paper money. Money has historically never been a store of value for money is on the opposite side of tangible assets. Even when gold was used as money during the 19th century, its discovery in California was highly inflationary. Rooms for rent in San […]

QUESTION: What would you advise Trump if he asked? ANSWER: When I debated Steve Forbes and New Jersey Governor Jim Florio who lost because he kept raising taxes, I converted Florio. Steve took the Flat Tax and Florio was the “tax ‘em ‘til they die” Democrat; in the debate I disarmed Florio by pointing out that the […]

New revelations that the company who enabled the NSA to spy on the internet, which is really preparation for the coming age of asset confiscation and tax enforcement, is none other than AT&T. This is why we do not use any of their services. The New York Times reported that companies who do not protect their clients […]

I received a lot of emails after announcing that I would be in India this coming week. Here I am, updating from Mumbai, which was Bombay up until 1995. Mumbai is the 9th largest city in the world and home of the most expensive house in the world, located right here in the heart town. Mumbai […]

Well if you ever needed PROOF that gold is not money, but rather simply an asset class, all you need to do is look at what governments are doing. They are hunting for anything of value. We are likely going to see a migration of assets from Europe to the USA, as took place prior and during World War […]

It has taken a while but today we saw the return of the sellers in the oil market. TWI and Brent both down around 1.7%, taking TWI to 48.25 last trade. Natural gas also took a beating, down almost 3% at 2.825. Gold did try to bounce and spent the majority of the day above 1100, but as […]

Asian equities did not stand much of a chance from the open as Apple had taken it on the chin upon releasing their results! A 7% decline in after hours trading wiped around $66Bln off the share price and put Asian markets on the defensive from the start. By lunchtime, the Nikkei, the Hang Seng, […]

Most precious metals traders breathed a sigh of relief this morning when they awoke to see that gold was not massacred in Asia (again) and was almost unchanged from the New York close. That said, we did not see a bounce-back after yesterday’s $40 decline of any significance, which will leave traders weary of further declines. […]