COMMENT: Dear Martin, your public and private blog is the first I read every morning, it is my briefing. I received this email today (31.03.2020) from a friend living in Switzerland about sending me a package via normal mail … “this morning, I wanted to ship xxxxx and xxxxx to Greece, and as long as […]

QUESTION: Hi Marty: Good traders know when they are wrong based upon objective evidence. You argue that the Coronavirus isn’t a true pandemic, and that the governments’ reactions to this are politically driven with the intention of advancing a socialist agenda. Your perspective is logical and supportable. But, it is very hard not to get […]

The people who love to weave conspiracy theories about the Fed are twisting the fact that the Fed’s design from the outset was to be a private organization. The banks were the shareholders BECAUSE it was to be a bailout system for them as J.P. Morgan had acted during the Panic of 1907. The banks […]

Here we go with the same old hypothesis over the Quantity Theory of Money that Trump is (1) nationalizing the Fed, (2) the Fed’s actions are worse than the virus, and (3) Forbes proclaims that the Trump & the Fed are destroying the dollar. It is really fascinating how these propositions running around are not […]

The former Prime Minister Gordon Brown has urged world leaders to create a temporary form of global government to tackle the twin medical and economic crises caused by the Coronavirus. He is no fool. He knows once there is the formation of anything pretended to be “temporary” it exists forever. Why are these people so […]

ASIA:  The Reserve Bank of India’s Monetary Policy Committee met today and announced a series of measures to counter the economic slowdown caused by the novel coronavirus pandemic. The repo rate and reverse repo rate have been cut by 74 bps and 90 bps respectively. All commercial banks and lending institutions can allow a three-month […]

ASIA: India announced an economic stimulus package worth $22.5 billion on Thursday to help millions of low-income households cope with a 21-day lockdown due to the coronavirus outbreak. The package will be disbursed through food security measures for poor households and through direct cash transfers to the beneficiaries’ bank accounts directly. India banned exports of […]

QUESTION: Hi Martin, Awhile back you mentioned the ECB doesn’t have unilateral authority to expand the money supply, and that the political crisis in Europe would begin once the ECB ran out of cash reserves. How far off are we from that moment, and how does the Repo crisis tie into that? CG ANSWER: Yes. […]

The details of the package for relief is not going to really address the crisis. The key elements of the Senate Bill that are included are: $1,200 cash assistance for individuals, $2,400 for married couples and $500 for each eligible child. This money is available for all U.S. residents with an income of up to […]

  The Bundestag will declare the epidemic case on Wednesday, according to Green Party leader Katrin Göring-Eckardt. Germany is moving to declare a state of emergency for ONE YEAR on Wednesday, 3/25/2020. We are witnessing the collapse of democracy and the rise of authoritarian governments. They realize that they were on the edge of collapse. […]