We will be publishing an update shortly on world share markets once we have the ECM turning point in place 8/07. For now, here too the Dow peaked on this reaction from the 6/06 low for 8 trading days into 06/18 when we hit the Directional Change here as well. Look for higher volatility tomorrow. […]

The number one story has been that the Fed is printing money, it will be worthless, and you have to buy gold. Sorry – way too simplistic. This has been said by the vast MAJORITY becoming one of the most common pieces of investment advice of recent years – just buy gold. The Goldbugs have […]

QUESTION: The Nikkei peaked right on your weekly target of May 20th. Amazing! What now? ANSWER: The Nikkei elected one Weekly Bearish Reversal and the next two lie at 12220 and 10440. The Weekly Array shows there is still a lot of posturing to go on as we approach the ECM turning point 8/07.  

The Euro closed on Friday still in a short-term bullish posture on a weekly basis as we head into the week of 06/17, which is the next turning point. The primary resistance stands at the 13432 level on the cash. It will now take a weekly closing back below 13147 to signal a retest of […]

The next key weekly target for a turning point will be the week of June 17th. This Friday, a closing BELOW 13133 will warn that the euro is starting to weaken once again after this short-cover rally. The key support remains 12137 and this is where a weekly closing beneath this level will signal the […]

The Euro made its new high today on the 17.2 frequency. We did not exceed the key resistance and if we now close lower, we should see a retest of support. A closing below 13180 will confirm a sell signal. The market volatility began on target so now watch the closing. Going into next week, […]

So far the Dow has rallied 27 weeks on an intraday basis establishing the high on target for the week of 05/20, but on a weekly closing, the high was the previous week 05/13 making it a perfect 26 week rally.The week of 05/27 closed slightly beneath the week of 05/20 confirming technically we should […]

The Long-Term Capital Management (LTCM) collapse in 1998 has been often referred to as When Genius Failed. The collapse of LTCM was instigated by the collapse of Russia. Everyone and their 5th ex-wife was long Russian bonds as bribes were paid to people in the IMF to ensure the loans would keep flowing to Russia […]

One Reader Writes: Yes Europe in their summer,  for those that actually work(ed) in European institutions, the upper management — (parasites – say it the way it is), will take ALL of August off as vacation time (can you imagine 4 weeks!!!!!!!!!!!!!!…I mean WHO in the US gets the luxury of 4 weeks vacation???).  AND […]

Behind the dramatic fall in the gold price has been the subject of countless conspiracy theories that all pretty much center on the notion that the entire global economy revolves around gold. The only tangible conspiracy by governments is to hunt down as much cash as they can. The real secret strategy of central banks […]