A solid performance from Asia with energy, tech and real estate leading the Hang Seng to another 1%+ return day. Although the HSI was the front runner, there were good gains made for all the core. Sentiment in mainland was probably helped by a tweet over the weekend by President Trump suggesting ongoing trade negotiations […]

QUESTION: Socrates did an amazing job. It called the high in BitCoin right to the day. That makes me wonder. After thinking quietly about the claim that cryptocurrencies will replace everything as a new world monetary system because it will not be centralized and created by a central bank, this seems to be complete BS if […]

  QUESTION: I am studying to become a lawyer. I find your legal writings fascinating. You provide a far deeper understanding of the rule of law than I am taught in school. I suppose that is becoming obvious in economics as well. Can you recommend any legal writing that may have influenced you greatly? OH ANSWER: […]

QUESTION: why national debts eventually default Martin to answer this question you said: we need to introduce currency. France and Germany were less impacted by converting to the Euro than Greece, Italy, Spain, and Portugal. Why? Currency Inflation! My question is if it is not the quantity of money that is making $1 million buy […]

The Nikkei traded nervously today ahead of the FED and US NFP’s, but knowing it is closed the rest of the week (Golden Week holidays). Some of the exporters did manage to edge ahead but gains were very limited. The overall trend appeared heavy all be it lethargic, but we are watching the Yen trade […]

QUESTION: Okay Marty, You keep saying “the world monetary system will have to be reformed.” Spill! What do you hear behind the curtain? Cheers, EM ANSWER: I just returned from Europe where I had meetings with some high levels of interest. The great concern in Europe is the end of QE for there is a serious […]

The Singapore WEC is being held as we now approach the timing for the markets to make their decision. This WEC will be focused on Asia, including Japan, China, Hong Kong Peg, Southeast Asia, India, Australia, and New Zealand. Additionally, we will cover Russia for our clients who prefer not to travel to the USA. […]

The Most Profitable Canal of the 19th Century Today is a Tourist Cruise Besides the speculative bubble that resulted in the Panic of 1825 involving the imaginary country of Poyais, when such a bubble unfolds, there is often a contagion. The events that led to the Panic of 1825 also resulted in the Canal Bubble, […]

Asia has been predominantly better bid but for the Shanghai index. Here we saw values drift in afternoon trading to close on its low (-0.6%). Trade numbers were surprisingly poor for China posting a near $5bn deficit. The Hang Seng dipped with it, but to be fair was plus or minus small all day. The […]

  QUESTION: Marty; You so casually mentioned that Britain closed the share market during World War I and that such a risk exists in Europe. Can you elaborate on this at all? Thank you for all you contribute to society OD ANSWER: The entire period leading into World War I was a period of extreme socialism. […]