What the media isn’t telling you…
While the pandemic is the main focus of the media now, there’s something else going on behind the scenes (the impact of U.S. dollar losing its status as world reserve currency). The U.S. has been insolvent for a long time now. Technically, America is bankrupt, but the world is still…
Bankruptcy or Bailout?
The Dow Jones was extremely volatile Monday thru Friday. In percentage terms, it was the worst week since the 2008 financial crisis. Down 4000 points, it had the largest weekly drop ever. Although I have been worried about a stock market crash for a long time now, and everyone was…
Gold and Oil: the highest echelons of international finance
Yet again, a wild week on Wall Street! Stocks swung hugely both up and down, while oil was crushed to mind-boggling levels. Why? Coronavirus has people fearful of collapsing demand and Putin would not agree to production cutbacks. This is likely Putin’s way of getting even for America’s interference in…
The Coronavirus is the pin that will prick the bubble
What a wild week on Wall Street with thousands of points just gone! Needless to say, it was stressful trading, but I managed to lose less than I usually do. Thank God it’s the weekend, and I can rest. I started my Saturday with some power yoga and a green…