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China Declares 6.9% Growth But Analysts Predict A Financial “Ice Age”

China announced on Tuesday that its 2015’s economy grew 6.9%, matching economists and analysts’ expectation. The problem is nobody believes the Beijing-endorsed figures. That wasn’t the real economy – argue investor, economist, analyst and specialist. China has simply cooked a number that people wanted to see and hear. Instead, they believe China’s National Bureau of […]

... written on Jan 20 2016

Forget $1 Gasoline, It’s Happening — 46-Cents A Gallon In Michigan

Remember the unbelievable predictions that crude oil would go to US$10 / barrel (cheaper than water) and gasoline would go for US$1 / gallon? Well, forget them because it’s already happening even though officially the crude WTI and Brent are trading above US$20 / barrel. However, the fact that both crude oil prices have gone […]

... written on Jan 19 2016

Economy Sucks, Crime Spikes But You’re On Your Own

On October 17, 2015, a robbery in an elevator in Prima Setapak Condominium raised eyebrows after 24-year-old Ms. Lim Lian Lee was robbed. But what made the robbery brutal was how she was elbowed, slammed, kicked as if it was a wrestling match. Clearly Lim was no match for the robbers – 2 men – […]

... written on Jan 14 2016

Cheaper Than Water – This British Bank Thinks Oil Would Go To $10 / Barrel

Are you in the oil and gas (O&G) industry? If you’re, then you should know that your job is on the line. Once a prestigious job where the pay, bonus and perks were the envy of your schoolmates, jobs with giant O&G company aren’t that secure anymore. British BP announced plans on Tuesday to slash […]

... written on Jan 13 2016

Forget About Gas At $2 – It’s Going Toward $1 / Gallon

Gas at US$2 was what people were screaming and hoping for last year. Today, the average price of gasoline in the United States is below US$2 a gallon, or US$1.967 / gallon to be precise. While some Americans, depending on their geographical location, are rejoicing over the lower gasoline price, some are betting and praying […]

... written on Jan 11 2016

China (Secretly) “Devalues” Yuan – Global Recession Is Calling

First, the good news – China didn’t use the word “devaluation” like it did back in August 2015. The bad news – China secretly devalues its Yuan / Renminbi and as a result everything you could think of – stock markets, currency exchange and even oil prices – is going haywire.   China’s central bank […]

... written on Jan 07 2016

Europe Civil War – Swiss General Warns His People To Arm Themselves

President Barack Hussein Obama has one last toy to play before he retires for good – to take away as many guns as possible from fellow Americans. However, it won’t be easy as his unilateral gun control plan clashes with the Second Amendment of the United States Constitution. So what he did to sell his plan? He […]

... written on Jan 06 2016

Meet Walter, The Man With 1,497 Credit Cards … And Counting

Do you have credit cards? Sure. How on earth can we live without credit cards nowadays? Even President Barack Hussein Obama has one, although embarrassingly his credit card was turned down at a posh New York restaurant, rumoured to be Estela restaurant in Manhattan, forcing First Lady Michelle to pick up the tab in Oct […]

... written on Jan 05 2016

Mischievous Fire Monkey – Starting First Trading Day Of New Year With A “CRASH”

According to Chinese astrology, 2016 is the Year of the Fire Monkey where the Lunar New Year or Chinese Spring Festival will be celebrated on Feb. 8, 2016. Technically, it is still the Year of the Sheep until Feb. 7, 2016. But it seems the mischievous monkey couldn’t wait and has started playing with fire. If […]

... written on Jan 04 2016

Here’s Why Oil Above $100 Will Never Happen Again, Ever, Forever!!

Brent Crude Oil is trading just slightly above US$36 a barrel, forming a resistance-support at US$38-US$36 level. If today is somewhere June-2014, roughly one and a half year ago, and I were to tell you that global oil prices would tumble by 50% to US$60 a barrel; you would probably laugh to your death. Likewise, […]

... written on Jan 01 2016









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