The closing for the Euro on spot at 128.20 on Friday was a serious break of support. The primary bank of support now lies at the 12100 area. This week proved to be...
We will be splitting the Blog soon between markets and world events. We only put on news that illustrates a global trend not the general nonsense. This is to keep...
Nobody knows what the hell to make of North Korea. Is he insane? Do we laugh or cry? He can;t reach the USA, but he can reach Japan and South Korea. The one thing...
From South America a reader has written about the trend down there: “You know the same thing is happening in Latin America. Tons of dollars have been flowing...
The popular nonsense is that the confiscation of assets in Cyprus was to force people to invest. Smart money has been moving from PUBLIC to PRIVATE. But if you...
This is truly an amazing story. Bank of America tried to foreclose on a home in Floridia when they had no such mortgage, and the homeowner proved he had paid cash....
The Cypriot politicians will remain in the Euro at least for now. They are listening to Brussels and are afraid of retaliation if they try to leave. We submitted a...
Everyone keeps touting the demise of the dollar. They seem to be unaware of the global private debt bubble in dollars and how bullish that can be. During the...
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...
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...
