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Republicans Extend Gov’t Budget

The Republican-controlled House today approved legislation that will prevent a government shutdown on March 27 and blunt the impact of newly imposed spending cuts...

Rand Paul – Filibuster – A Historic Day

Senator Rand Paul, Republican of Kentucky, began a truly old-school filibuster, speak-until-you-drop on Wednesday just before noon. This truly a historic day when...

New Highs on Dow – Low Volume?

We have to keep in mind that the world economy has not fully recovered. Trading volume on a global scale is about half of what it was in 2007. The Dow is ONLY...

February Record Sales of Gold from Funds

The Exchange Traded Funds were dumping gold significantly with the largest outflow to date. This is good for reducing the long-positions opens the door to future...

The Human Cost of Fiscal Mismanagement of Government

During the Great Depression, there were countless suicides. People jumping out of buildings because they lost everything and could not face a future that was...

Gold Backwardation – The Real Story

The Gold backwardation has been distorted as all sorts of reasons for everything. Normally, this is the market condition wherein the price of a forward or futures...

Indirect v Direct Taxation – a Lesson From China

The SHANGHAI Daily has reported one of the greatest problems with taxation. China has been trying to curb real estate speculation. In Singapore, the passed...

The Dow High Nobody Believes

The Dow Jones Industrials has rallied in the face of incredible skepticism with a litany of reasons why it shouldn’t be happening, that are of course all...

Understanding Correlations

Understanding correlations is important. EVERYTHING fluctuates! There is absolutely nothing that remains constant. You MUST understand that correlations are NOT one...

Dow Makes New Highs?

The Dow makes new highs. Sorry: This is an international market NOT simply domestic. The key to REAL forecasting is global NEVER in isolation. You simply cannot...