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Coronavirus, Hedge Funds Blow Up & the Elephant in the Room Nobody Notices

I do not like to contribute to conspiracy theories. They are more often just wrong. I have mentioned that there was massive liquidation last week, but it is not over. The largest hedge fund run by Ray Dalio who said “cash is trash” and his #1 guy pronounced that the central banks had defeated the […]

Will Coronavirus Alter the Economy Forever?

I have been doing my own investigation using REAL DIRECT sources who do suggest that the death rate caused by the flu is higher than reported and in that case, the numbers may be understated, but that does involve the elderly in particular. Hence, the death rate here with the Coronavirus may really be on […]

The Fed & Helicopter Money

QUESTION: You said that the Fed does not print money out of thin air on its own. The goldbugs say you are wrong. I suspect that they are wrong not you. You seem to have a much deeper understanding of money than anyone else. Would you clarify this issue? Thank you very much PHK ANSWER: When […]

The Reason for the Crash

QUESTION: Why is the US Dollar tanking during this Coronavirus outbreak? Would have thought it was a safe haven. And why is the Japanese Yen increasing? Why is Japan considered a safe haven? M ANSWER: This has nothing to do with the Coronavirus. The capital flight began with the concern that Bernie was leading the […]

A Real Fact Check on the Trump Tax Cuts

While the Democrats love to yell at the rich for always getting richer, in 2016, there were 541 US billionaires with wealth totaling about $2.4 trillion. In 2019, there were 607 US billionaires with wealth totaling about $3.1 trillion. Of course, this is based on stock market valuations and is not cash in the bank. […]

Market Talk – March 6, 2020

  ASIA: China’s economy could be contracting this year for the first time since the 70s, according to analysts, as the country grinds to a halt due to the coronavirus. The Caixin purchasing managers index dropped drastically to 26.5 from 51.6, the lowest level since 2005. The Reserve Bank of India has taken over one […]

Coronavirus Conspiracy to Eliminate Paper Money?

Many people are starting to question why this coronavirus has been whipped up into a major panic when the annual flu kills far more people. Perhaps they have enlisted the conspiracy contingents who turn everything into the end of the world and are so eager to paint doom and gloom as a lethal weapon for […]

Biden Becomes a Not So Moving Target

I previously reported that the Ukrainian prosecutor who Biden demanded be fired, filed a suit against Biden’s improper use of power that cost him his job in Ukraine. Now, a Ukrainian court has ordered an investigation into whether Joe Biden violated any laws when he forced the March 2016 firing of the country’s chief prosecutor. […]

Politics & the Bernie Effect

QUESTION: Hi Martin! Like everyone else that has let you know…thanks for the call before the drop! My question pertains to the possibility of the slingshot….as this drop so far has only reached just under 24,700 on the downside, how far down would we need to go to get everyone bearish enough to throw in […]

Market Talk – March 2, 2020

ASIA: India has reported three more cases of coronavirus taking the total number of people who have tested positive in the country to six. An Italian national was tested positive for coronavirus in the western Indian state of Rajasthan. The other two cases were detected in the national capital New Delhi and the other in […]