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China & the Dollar

The dollar rally and the devaluation of the yuan is not a fluke and it most certainly is not a one-time event. The dollar declined against the yuan for 19 years...

China Devalues Yuan — Why?

China devalued the yuan in what many think was a surprise move. What they do not understand is that this move is more than trying to firm up exports; this...

The Dark Cloud on the Horizon

  The dark cloud on the horizon may be far different from what traditional analysis anticipates. The degree of plagiarism with so many people now copying what...

Gold & The Bounce

Gold rallied and stopped dead at 1108.50, just shy of the 1109 Daily Bullish Reversal. Technically, the market stopped at the bottom of the broad channel overhead....

Money Laundering & Gold

I have warned that if you are going to buy gold, make sure it is common date $20, $10, or $5 gold coins since bullion is going to become a dirty word. As of April...

Death of Oil & EM Drive

  When it rains, it pours. For the last 15 years there have been rumblings surrounding the possibility of creating the impulse engine in “Star Trek”....

Gold – the Bounce

Of course those biased toward gold will relay the rally as big volume, as if this were some sort of fresh buying that warrants cheering when in fact it is a...

INFLATION – Multi-Dimensional Confusion

The old idea that inflation is created by an increase in money supply has distorted the minds of many people. Inflation is caused by numerous factors for it is...

Chicago Wants to Tax Video & Music on Internet

Governments are the worst possible invention of humankind for they merge the rule of law with their self-interest to exploit the people for their own subsistence....

Hello from Mumbai/Bombay

I received a lot of emails after announcing that I would be in India this coming week. Here I am, updating from Mumbai, which was Bombay up until 1995. Mumbai is...