European banks are in a real crisis. They have been decimated by fines and trading after they tried to mimic their New York competition without the same expertise. Then they had to use euro debt of member states as reserves. Next came the rising taxes and the push to enforce taxation which has seriously harmed […]

The year 2015 was 13 years up from the 2002 low in the stock market following the DOT.COM bubble. That low was rather significant for many markets have yet to exceed that 2000 nominal high, such as in France. This has warned, as was the case in gold from 2011, that a correction became possible. […]

  Sorry for the typo, this is a good idea for those who want to look at having a back-up for the future. But this idea should also be taken seriously in places that need to import food. The number one reason politicians have stated that Greece should remain in the euro is that they […]

Professional Analysis vs. a Fool’s Game The way people try to judge one analyst against another is like saying, “Oh, he is right and someone else is wrong.” That is unprofessional because OPINION is irrelevant and NO ONE can be correct all the time. It is humanly impossible to forecast the future based upon what someone “thinks” will or will not […]

1931 COMMENT: Every gold analyst says you are wrong and that gold stocks rose during the Great Depression as the only hedge. Would you care to comment. I bet not. REPLY: Some of these people are not interested in the truth, and quite frankly, deserve what they will get. Why are they always so nasty? […]

I have warned that government expansion reduces economic growth and acts like a black hole that sucks in more and more wealth, thereby reducing economic expansion. If the government keeps growing, ultimately we will end up with 100% government consumption or the equivalent of communism. We should be standing on our soapboxes in the tradition of […]

QUESTION: Marty, now the OECD is predicting a financial crash worse than the 2007-2009 event in Europe because they say there is over €1 trillion in bad loans that cannot be collected. They seem to be also changing their opinion to fit your model. Were they there in Berlin? ANSWER: We cannot comment on if the OECD is following […]

The opening in Asia was the main discussion point for most dealers today. Oil hitting its lowest price ($27.65) since 2003, the Nikkei trading down 2% in the first 30 minutes of trading, and the Chinese raising the off-shore yuan all helped to spook markets. However, finally the fears were short-lived, and by close the […]

QUESTION: Dear Marty, Please correct and expand my understanding of a Sovereign Debt Crisis as it pertains to leveraged accounts.  If global economies are leveraged because of too much debt with no plans to pay, then what are the pros and cons to leveraged short investments when economies are deleveraging?  Might they be dangerous at […]

We did NOT elect  the Weekly Bearish today in the Dow Jones Industrial Japan tried to hold overnight gains but by the time the rest of the Asian markets opened it was too late and the selling pressure just increased with time. Nikkei closed down 94 points (-0.5%) but the futures quote dropped an additional […]