ASIA: A group of Indian government ministers advised Prime Minister Narendra Modi to partially lift the lockdown imposed on March 25 for 21 days to sustain the livelihood of millions who have little to eat and to control the unemployment rate in the nation which has climbed to more than 20%. The panel has recommended […]

QUESTION: Marty, for the people within the EU it is absolutely critical to know what will happen when they go digital! Will there be a currency devaluation for bank deposits and cash? And when is the most likely time for that transformation from cash-to-digital? If there is a devaluation it would make absolute sense to […]

  ASIA: The former governor of the Reserve Bank of India Raghuram Rajan has said that India can beat the virus with the right resolve and priorities by focusing on immediate needs and delaying less important expenditures. He also said that it will be hard to lockdown the country entirely for much longer periods as […]

  We are living not just in interesting times, we are living in UNPRECEDENTED TIMES, which has raised the stakes profoundly toward civil war. You have to wonder if someone like Bill Gates is really stupid with respect to economics, or is he deliberately trying to further the same agenda he supported for Climate Change […]

COMMENT:  Is there a tax that I can pay to stop Covid-19, or does that only work for climate change ? 🙂 KL REPLY: No worries. They got that covered. Cash is dirty now. If you touch it you will die. I am sure they are working on a virus that flourishes with gold or […]

ASIA: A slow increase in output and new business, coupled with a steep decline in exports following the global coronavirus pandemic, pulled down India’s manufacturing activity to a four-month low in March, a private survey showed on Thursday. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) declined to 51.8 in March from 54.5 in […]

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 […]