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Taxes: Eliminating a Barbarous Relic from the Past

  The FT ran a commentary entitled, “The case for retiring another ‘barbarous relic'” on paper money. Money has historically never been a...

The Next Four Years After 2015.75

  QUESTION: What will happen after 2015.75? Can you share anything? Thanks from those who cannot attend your conference PD ANSWER: All systems tend to...

Most Schools Do Not Teach Computer Science

Back in the 90s, we would outfit schools with computers because, in my judgment, computer science is probably the most essential qualification next to reading. You...

The #1 Terrorist Group = Domestic Citizens

  Government talks about Islamic terrorists, but their number one fear is YOU. The internment camps are for you, not Islamic extremists. Government CANNOT...

The Dow

The failure of the Dow to close above 17007 confirms that we are not yet ready to take off to the upside. We needed a closing ABOVE 17007 to firm up the market to...

The DOW for the Close of August

The DOW recovered for the close of August, holding key support and last year’s low. Make no mistake about it, we now need to hold last week’s low in...

DAX for the Close of August 2015

On the monthly level, the DAX has not yet given a long-term sell signal. August indeed produced the Panic Cycle the computer highlighted for August, and we still...

Market Talk — September 1, 2015

You can always expect a quiet session when one of the major centers are out for a bank holiday, and that was what we saw yesterday. Not that dealers needed much of...

Medicare Costs May Jump 52% in 2016

Before, I never had to pay when I picked up medicine for my mother. Ever since Obamacare, I have to pay a fair amount. Now, almost one-third of the roughly 50...

CalPERS – Buying the High in Bonds? Oh Boy.

CalPERS, California Pension Plan for government workers, is adopting policies that demonstrate that they are incapable of managing money. They cannot handle the...