John Ing

Articles by John Ing

Everything is rosy, or is it? The Dow is flirting with 18,000 again but stocks are overvalued. Positive economic news is not so positive because it means that the Fed will push up rates. Bad news is just bad news.
Every newspaper headline is about whether the Federal Reserve would increase rates in September, then October, and maybe December? As in Charles M. Schulz’s comic strip, when Lucy always pulls the football away before Charlie Brown can...
Is China’s surprise move to weaken its currency a step towards market reform or does it presage a widespread series of “race to the bottom” devaluations reminiscent of the Great Depression? China joins the Swiss National Bank (SNB) who...
Identity problems? Rachel Dolezal wants to be black, Bruce Jenner a woman, or how about Donald Trump for President. Identity problems? No, it is identity theft comparable to the “happy times are here again” mania, fueled by cheap debt and...
The world is topsy turvy. One branch of the State borrows money from another branch of the State and everyone cheers madly. Does this accounting fraud describe the Greek version of Peter paying Paul? No, it is the current policy du jour...
The United States needs a wake-up call and the loss of leadership and credibility on economic issues is exacerbated by the dysfunction and divisive nature on Capital Hill. Also, no longer is the US a reliable partner internationally (...
Mr. Obama’s Robin Hood $4 trillion budget was dependent on $320 billion of additional taxes just to keep the deficit at $474 billon. His stubborn effort will trigger a standoff with the Republican controlled Congress and yet in his...
The Swiss National Bank (SNB) shocked the currency markets when it abandoned the three year currency peg to the euro. Switzerland spent billions of francs to cheapen the franc, loading up its balance sheet which doubled to over CHF1...
Capital markets are supposed to be free of manipulation yet there is little wonder that investors question the integrity of the global banking sector when its participants were so openly greedy, protecting their own interests instead of...
Winter is coming. Drilling deeper into the record market levels, the US is unlikely to fully escape the global headwinds. Namely, in the past six months, the world’s major currencies have fallen more than ten percent against the dollar in...

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Throughout history the ruling class has always sought to own gold and silver because they represent purity and longevity.