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Month: May 2013

Germany Imposing a Glass-Steagall-Like Act with Teeth

Germany is drawing a bright line between proprietary trading in banks and customer deposits. They are not merely separating the two, but they imposed criminal...

Part II Metals Report Goes Out Today

In here is the long-term view for gold using the database back to 1264. The prospects for gold bottoming in 2013 are not dead yet. There was a chance for a low in...

When the Fundamentals are Confusing

Thank you for all the fan mail on the Dow to offset the hate mail on the metals. The objective is to expose the real world we live in and how domestic policy...

The Gold Hate Mail

The trend in the hate mail is getting interesting. Now just the typical mantra concerns how money has to be tangible like some savings account yet investments will...

Religious Right Rising in Russia

They are actually trying to passed what is being called the ‘Blasphemy Bill’...

Migration to Germany

Politicians just do not understand that you cannot just write laws and expect everyone to follow. They are just so ignorant of the consequences of their actions. I...

Trying To Trade

Because governments are trying to hunt down the “rich” in their desperate move for money, they are really destroying the world economy. A European...

Europe Plans the Confiscation of Depositor Assets

There really is no other word for politicians but brain-dead. They cannot understand that what they are doing is the destruction of the economy. They created the...

IRS Wants Everything

I retired from the gold business because I was one of the biggest market makers – one of the top 3 for the 1980 event. The IRS walked in and said that their...

The Market Update

The Dow keeps pressing higher as the talking heads keep questioning why. Gold presses lower and Gold is below the 1400 level. A closing below 1402.50 on June today...