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It’s Time to Turn Out the Lights in Illinois

The roads in Illinois are in decay. This may be the first state to go bankrupt. The question is not if, but when. State unions are so greedy that they are...

Heads They Win, Tails You Lose

QUESTION: Sir, You mentioned in your blog post that money market funds now have to be in government bonds as per SEC ruling. You have said we are going through a...

EU Govt. Pensions Explode to €63.8 billion

I have said that the European crisis is all about keeping jobs in Brussels, and now the truth is beginning to surface. The long-term cost of pensions for EU...

Market Talk – August 30, 2016

The Nikkei was not the main topic of conversation today in Asia as the Shanghai and Hang Seng both outperformed the Tokyo exchange. The HSI closing up 0.85% and was...

Goldman Sachs is at it Again

More than 75,000 people have signed their names to a petition protesting against the appointment of former European Union leader José Manuel Barroso to the...

Hoarding Cash – Prelude to the Crash & Burn

We are monitoring confidence in the banking system as reflected by cash withdrawals. The sale of home safes has exploded in many countries. I previously reported...

How Socialism Destroyed the Family Structure

The very core tenet of Marxism and its two versions called socialism and communism is to actually replace the family structure. In Russian communism, Stalin was...

Artificial Intelligence Computers Replacing Lawyers

The trend toward replacing opinion-oriented fields like analysis is also taking root in medicine as well as law. The new computer named ‘ROSS’ is an AI...

Artificial Intelligence – Machine Learning

CRITICISM: The Computer has no bias or imput? Which is impossible: a computer needs information or facts to make decisions. Unfortunately, ‘facts’ are...

Market Talk – August 29, 2016

We knew what to expect from the Nikkei cash this morning after we heard remarks late Friday and Saturday from all at Jackson Hole. On Saturday it was BOJ Governor...