With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]

QUESTION: Hi Marty, Will future rate hikes from the Fed cause banks to move more money out of the Fed and into the commercial banking system, creating inflation? Thanks Jack ANSWER: No. Future inflation will not be demand driven, but asset driven. Retail participation, both in the States and from Europe, in the US share […]

The Nikkei had a poor start but finished better as did Shanghai. HSI closed a little lower (-0.3%) but well up from opening levels. Europe was the main talking point yet again today and with a healthy bounce in both currencies and equities; many people spoke of nothing else. After suffering two awful days, we […]

  While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse who just discovered their partner was cheating. They may say beware of a woman scorned, well it looks like this applies to male politicians as well. The […]

  The pound sterling had a smashing day ranging between 15016 and 13226; penetrating the 2009 low of 13508 as well as the 2001 low of 13680. That leaves the prior low that formed in 1985 of 10520 on the cash (103 futures). This is rather important for it implies that we should see that […]

Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow rallied but also failed to breach the key resistance. As with all of this, the markets have pushed to extremes. Our model shows it really […]

All we have been hearing are claims that if China sends the dollar flooding back to America, the dollar will become worthless and hundreds of businesses will go broke overnight. The gold promoters put out such wild claims and have no idea what they are saying or the type of world that would unfold. It is […]

COMMENT: Marty; Nobody paid any attention to BREXIT but you. Now Everyone is talking about how it will be a big deal for the world economy. Guess they took the little bus to school. lol COMMENT: Your BREXIT Report is brilliant! Sad. But Brilliant! QUESTION: Martin Happy Fathers Day!!! As you have noted on many […]

Many blamed the BOJ for today’s Nikkei decline, for not announcing additional stimulus measurers, but for whatever reason we found ourselves 3% lower on the day. We have recovered much of this in late US trading but admittedly – it did not look pretty for the cash market. The flight to quality led as usual […]

COMMENT: I am an attorney in Texas. We have been advising clients NOT to use safe deposit boxes for years. Examples are: We had a client involved in a multiparty suit. I got a court order and sent somebody over to a decedent’s safe deposit box with witnesses and a video camera. The bottom of […]