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London and American Markets Have Suspended the Participation of Russian Refineries!
- March 8, 2022
- Posted by: Erman Ebren
- Category: News
No CommentsIt’s hard to imagine Vladimir Putin’s end game with regard to the Ukraine. Total capitulation and a governmental replacement with Russian management would certainly be his choice, but based on the Ukrainian response, that’s got no chance. What is known for sure is that London operates the largest bullion market on the planet, trading trillions
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Donald Trump Says Cryptocurrencies Are A Disaster Waiting To Happen!
- September 2, 2021
- Posted by: Erman Ebren
- Category: News
When asked about today’s crypto market, former US president Donald Trump told Fox Business’ Stuart Varney, “I like the currency of the United States…I think the others are potentially a disaster waiting to happen.” He went on to say that, “They [cryptocurrencies] may be fake. Who knows what they are?..They certainly are something that people
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Retirees Need a Gold Booster as Effective as Johnson & Johnson’s Vaccine Booster!
- August 26, 2021
- Posted by: Erman Ebren
- Category: News
New studies of U.S and European testing indicates that people receiving a Johnson& Johnson COVID-19 booster vaccine, six to eight months after their initial shot, saw a robust increase in antibodies,nine-fold higher than 28 days after the first shot. As the Delta variant continues to infect Americans, so too is the economic fallout preparing to
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Inevitable Inflation!
- September 16, 2020
- Posted by: Orkan Ozkan
- Category: News
Politicians are successfully delaying the inevitable in an election year, but that doesn’t change the fact that another stimulus bill will be necessary and soon, just in order to keep many Americans out of growing food lines, unemployment lines, and shelter camps. U.S. Treasury Secretary Steve Mnunchin, who’s been MIA from public view for at
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Supporters of $3,000 Gold Continue To Grow!
- August 19, 2020
- Posted by: Orkan Ozkan
- Category: News
Famed investor and Galaxy Digital CEO/Co-Founder, Michael Novogratz has joined the growing fray of officials anticipating a bull run for gold beyond $3,000 by the end of the year. Having breached the 2,000/oz. barrier and achieved a new high last week, it has since settled back to consolidate, just under that level. Novogratz went on
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Coronavirus Is A Greater Market Risk Than Realized!
- February 20, 2020
- Posted by: Orkan Ozkan
- Category: News
Media is warning that markets are being too complacent about factoring in the risk that coronavirus poses to the global economy. The reported number of cases has already outpaced expectations and it is a major suspicion of news agencies that China has been dramatically underreporting actual figures. Nevertheless, U.S. stock indexes have continued to reach
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“Pressured” Postal Worker Stored Mail Instead of Delivering!
- February 3, 2020
- Posted by: Orkan Ozkan
- Category: News
It was reported this week that a United States postal worker was caught with a public storage unit full of mail that he never delivered. Jason Delacruz pleaded guilty in August of 2019, to charges of delaying mail delivery to residents in Chesapeake, Virginia. He is scheduled to be sentenced on February 12, 2020. When
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World Bank Sounds Global Debt Crisis Alarm
- January 10, 2020
- Posted by: Orkan Ozkan
- Category: News
In its recently released, biannual, Global Economic Prospects (GEP) report, the World Bank issued a warning that the current debt wave (the 4th in the past 50 years) is the largest, fastest-growing and most broad-based. It shows that in 2018, the total debt in “Emerging Markets and Developing Economies” rose to almost 170% of GDP.
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Europe Was Not Prepared for Trump’s War with Iran!
- January 7, 2020
- Posted by: Orkan Ozkan
- Category: News
The U.S. killing of Iran’s Revolutionary Guard leader, Qassem Soleimani, blindsided almost everyone, but it puts Europe squarely in the crosshairs for retaliation by association and they are ill-equipped to handle it. As the UK continues to pursue an exit from the EU, the remaining monetary union remains divided. The major economic shock that may
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A Year Ending Stock Market Melt Up Unlike Last Year!
- December 27, 2019
- Posted by: Orkan Ozkan
- Category: News
This time last year, chances are good you were sitting on a loss in your portfolio. By itself, last December was the worst month for the stock market in nearly ninety years. The S&P was down 14% and the DJIA was down 15%. Since we closed out last year, we’ve managed the melt-up everyone was
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