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Bavarian Banks Not Depositing Money at ECB

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their...

Euro for Month-End Feb 2016

Our main number to watch remains at the 10460 level on a monthly closing basis. Our Major Monthly Bearish rests down at 9860. Our critical support begins at the...

Is The Pending Euro Collapse on Target From Our 2011 Forecast of 2016.202?

The euro crisis appears to be unfolding right on target rather amazingly. Our target was published in “The Rise and Fall of the Euro” back in...

Euro Near Collapse?

The euro continues its fall and the likelihood of reaching 116 is starting to dwindle. Even the British Telegraph has come out and stated that the bail-in plan for...

The Markets’ Expectations

This image ran by USA Today shows how quickly the general public assumes long-term changes in trend are at hand. The general headlines said the public lost...

The Market in Perspective

Last week we had a Panic Cycle in gold and a Directional Change. Both performed on target.  As we have stated previously, the Directional Change can be, by...

EU Fears the British Referendum Will Be a Contagion

European Council President Donald Tusk has warned that the EU is in danger of a total collapse. He has come out to say that David Cameron’s referendum in Britain...

Opening Numbers for February 12, 2016

Our Opening Pivot Point for gold tomorrow is still above the market coming in as 1272.40 while the Dow lies at 15497.74. In the euro, it rests at 1.1381. Keep in...

Opening Pivot Points for Tomorrow

Our opening pivot point tomorrow in gold will be 1217.30. This came down slightly from 1220, but it still reflects where the resistance would stand. In the Dow, it...

The Euro vs. Dollar — Feb. 9, 2016

The euro is still in a position to rally. The general view right now is that the Fed will not raise rates. With the stock market heading lower, this prevailing view...