Investing & Trading

Game Over In Just 44 Days – How Lettuce Outlasts The Disgraced British PM Truss

She used to talk big during the contest for the job. Wannabe Prime Minister Liz Truss said that she was ready to use nuclear weapons, even though it would mean global annihilation, winning applause from Tory party members. She was, of course, trying to project strength when challenged with a hypothetical situation facing Russia’s threat […]

... written on Oct 22 2022

Endless Inflation – Two More 75 Basis Point Hikes This Year As Wall Street Shocked By September 8.2% Inflation

Senile President Joe Biden still believes the economy is still in good shape and there isn’t any inflation. But the more the U.S. in denial, the longer the inflation rate is plaguing the country. The latest CPI (consumer price index) is out, and it’s horrible. The September inflation is 8.2%, up 0.4% from a year […]

... written on Oct 13 2022

U.S. Very Angry – Despite Biden’s Begging, OPEC+ Cuts 2 Million Barrels Per Day To Push Up Prices

On Wednesday (Oct 5), gas prices hit record highs in many parts of California. In some southern California locations, gasoline spiked to more than US$8.00 per gallon. Statewide, prices reached US$6.42 per gallon – nearly US$3 higher than the national average of US$3.83. While the blames are on regional refinery outages and Ukraine War, something else happened that […]

... written on Oct 07 2022

Economic Disaster In Less Than A Month – PM Truss Needs More Than Anti-Chinese Rhetoric To Show Her Competence

Before then-Foreign Secretary Liz Truss won the confidence of the ruling Conservative Party to become the United Kingdom’s next prime minister, she was vigorously campaigning on the anti-China platform. Both she and former Chancellor of the Exchequer Rishi Sunak were competing with each other to win the anti-Chinese contest. She beat Sunak by 81,326 to […]

... written on Oct 03 2022

Reserve Bank Of Australia Goes Bust After Losing A$44.9 Billion – Now It Has No Choice But To Print More Money

Australian Facebook users were extremely anxious and worried after the country’s central bank reported a jaw-dropping loss of A$36.7 billion for the financial year 2020-21. All hell broke loose after “Real Money”, a column owned by U.S. financial media The Street, screamed at one of its articles – “Australia’s Central Bank Says It Is Bust”. […]

... written on Sep 30 2022

The Dramatic Evolution Of Digital Currencies: How Cryptocurrencies Are Changing The Future Of Money?

From Bitcoin to NFTs, and the metaverse, how cryptocurrencies are changing the future of money. Undoubtedly, we are on the path towards a new form of finance that’ll use a wide variety of tech advancements to change the way people use and manage one of the most important tools: cash.   It’s obvious that we […]

... written on Sep 29 2022

Is Augusta Precious Metals Legit?

The first step in determining whether a precious metals company is legit is to verify their credentials. Some scammers may use convincing claims such as credibility, experience, and other investors’ previous investments. They may also claim limited supply and little risk. In addition, they may offer financing arrangements that require a small down payment, a […]

... written on Sep 21 2022

Investors Got Burnt Again – Dow Lost 1,200 Points, Fed Could Raise Rates By 100 Basis Points As August Inflation Hit 8.3%

We had warned last month (Aug 22) that the worst is not over yet – the inflation and recession are still alive and the global economy is still in bad shape. However, even after the Dow Jones dropped more than 600 points that day, many investors did not learn the lesson. They thought the inflation […]

... written on Sep 14 2022

Ringgit Hits 4.50 – Drops To Lowest Level Since 1997 Financial Crisis Despite Burning Billions Propping The Currency

Ringgit has finally dropped 4.50 to a US dollar on Wednesday (Sept 7) – the lowest since January 1998, during the Asian Financial Crisis. The Malaysia currency plunged as much as 4.5038 before staging a rebound to 4.5017. As feared, once it breached the psychological 4.50 level, it would be difficult to return to previous […]

... written on Sep 08 2022

Moscow & Beijing Laughing All The Way To The Bank – How China Makes Easy Money Reselling Russian Gas To Europe

Energy crisis created by the Russia-Ukraine conflict isn’t over, even though the crude oil prices have dropped to below US$100 a barrel. The wishful thinking that sanctions imposed on Russia could cripple and defeat the Kremlin has boomeranged on the Western nations instead. The impact, either direct or indirect, is so bad that the West […]

... written on Sep 01 2022

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