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Spanish are Migrating to Germany for Welfare

Germany and its austerity policies that have been forced upon the rest of Europe with no sense of how to create economic growth for the future, is now experiencing...

Today’s Closings – Gold – Silver – Euro – Dow

In June Gold, a closing below 1439 will keep gold in a vulnerable position where support next week will be at the 1385-1400 level with still resistance at 1476 even...

Taxing the Rich

There has been a major effort to hunt down offshore accounts by all governments. They do not see what they are doing to the world economy how they are closing it...

Change Only Comes from the Bottom-up

The Republican staff are all meeting in Virginia right now. The 800 pound gorilla is the upcoming debt ceiling vote. Of course, they are explaining that there can...

Unemployment the Lowest since 2008

The private sector continues to expand albeit modestly. This is not a long-term trend. The US economy will turn down 2015.75 for a host of reasons, rising dollar,...

The Problem With Bankers & the Fed

The problem with the NY bankers is they simply want to trade with other people’s money. They have to have their wings clipped. If they want to trade, change...

Gold Inventories

QUESTION: What about the gold inventory decline. Is this not significant? ANSWER: No. The inventory at COMEX has always been volatile. Inventories rise and fall...

Windows 8

A reader in the field writes to correct the posts regarding Windows 8. To clarify, indeed, all systems since Windows 2000 phone home. What I object about with...

California Sues JP Morgan Chase for Illegal Practices

The NY Banks are use to controlling the courts in NYC so much so that they forgot the rest of the world does not accommodate everything they do....

Coming Political Change

QUESTION: You are right that economics drives the politics. Is that a dominant factor of the modern economy or has it always been that way? ANSWER: It has always...