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Gold – To Buy or Not To Buy

Gold is still in a basing phase. The interesting thing is how some have sold this market as the single exception to everything in the world and how it can only...

The Misunderstood National Debts

The single greatest problem we face is that we borrow constantly with no intention of paying anything off. In fact, if we tried to pay off the debts that all...

US better than Germany London FT Declares

The view of the USA from outside is always enlightening for those stuck in a domestic world. All we ever hear about is the US debt, the Fed monetization, and...

Bitcoin

The rise in Bitcoin to $147 is clearly a phase transition. Nothing moves in that manner that is sustainable. The cyber attacks are interesting. They could be major...

It’s Global Stupid!

One reader wrote: “Congratulations. Your forecast that the Dow would make new highs from the depths of 2009 has been astonishing. You have done the same each...

The Economic Evolution

This massive leak on people who have accounts outside their country put together by 160 journalists who are most likely closet Marxists, now threatens even Russians...

Russia & North Korea

According to sources, it was Russia that provided North Korea with the technology to deliver ICBMs. The ties between Russia and North Korea are far greater than the...

The Cyprus Failure is the Euro Failure – Slovenia Next?

Cyprus joined the EU when the bloc launched its “big bang” expansion, opening the door to 10 mostly ex communist countries in 2004, which then swapped...

North Korea – Cycles of War

Even Castro came out warning the 30 year old rash leader of North Korea against war. We tend to judge people by ourselves and assume since war is illogical that...

Euro Closed 12994

The Euro closed at 5PM NY Time at 12994 2 ticks below the closing resistance target of 12996. The Euro will find resistance at 13007 early next week with support at...