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Question – Gold & Interest Rates

1. You have been pretty consistent in your position that gold is yet another commodity with business cycles affecting it as much as corn or copper and therefore a...

“Hollande” is French for “How to Destroy an Economy for Dummies”

French President François Hollande should get the Noble Prize for providing the script for How to Destroy and Economy for Dummies. He went on TV on Thursday now...

US engages Military Exercises

Just as Russia called unprecedented military exercise to show force to Europe, the US did the same holding military exercises using B-2s capable of delivering...

Founder of Tea Party Turns Against Gold

The man who sparked the tea party turns on gold taking the position that the days of Ayn Rand are over. In a world of just electronic money, what will be left?...

Russia Also Attacking Private Groups

It seems the whole world is turning against liberty, freedom, and free speech. Russia has joined the club in shutting down any private group that is...

Head of Italy Says His Job is Only for Mentally ILL

Italian leader Pier Luigi Bersani said Wednesday that only a mentally ill person would want Italy’s top job. This is starting to reflect the deep political...

Euro & Cyprus

The Euro closed at 12817 on the spot today. A close below 12824 will be a sell signal tomorrow. We have a Monthly Bearish at 12972 which if elected tomorrow will...

Russia Calls Surprise Military Exercise

The European Commission knew what it was doing. It refused to bailout Cyprus because it would be seen as bailing out about $4 billion in Russian deposits. But it...

Electronic Money

The idea that we can use electronic money is certainly the way of the future. But unless we reform government, nothing will ever be safe. The Cyprus Confiscation...

Euro Intraday Bullish Reversal on 15 minute

The intraday Bullish Reversals on the spot Euro on a 15 minute stands at 128.55. The Weekly Bearish on the spot is 128.24. The last trade is...