The chaos in gold is typical. Already, the hate mail has begun. “Stop the Bullshit” one said because demand in Shanghai is at record highs.It takes far more than one country to make a bull market. Others just blame me for the decline because they just listen to those who always say buy. The New […]

Question: “Europe along with Japan look like they are preparing to be flushed down the toilet,” would you anticipate their equity markets to be flushed down the toilet as well.  (Not necessarily a crash, but a very large correction). ANSWER: NO! This is part of the Sovereign Debt Crisis. I was speaking politically ONLY – […]

The Dow Jones Industrials have only reached 14102. They have not yet exceeded the 2007 high. Nonetheless, the market is paused for significantly higher highs and for now we are still in a staging position. Today should have been a Directional Change and the Dow backed off. Still, we face a lot of volatility building […]

Obama is trying desperately to paint the picture that the end of the world is here and that hundreds of thousands of government employees will be thrown out on the streets. From his mouth to God’s ear, as the say. Unfortunately, God is not listening and all we have is more bullshit on top of […]

What is interesting to watch is how the Socialists in countries that have been excessively Marxist for decades are starting to see the light that what they have preached from limos and Five Star hotels for decades, just as the democrats in America, is unraveling before their eyes. This is all part of the Sovereign […]

Britain is adopting US tax law by default – worldwide income. The US position to tax citizens on worldwide income even when they do not live here was NEVER enacted by the people in a democratic manner, but rather it was purely a creation of American judges. I explained that the US banks starting in […]

English Bill of Rights 1689 An Act Declaring the Rights and Liberties of the Subject and Settling the Succession of the Crown Whereas the Lords Spiritual and Temporal and Commons assembled at Westminster, lawfully, fully and freely representing all the estates of the people of this realm, did upon the thirteenth day of February in […]

I have been warning that the objective of modern government everywhere is to eliminate cash to ensure 100% tax collection. There is absolutely NO INTENT to return to a gold standard and give up the ability to borrow whatever they desire forever (as they see it). It is now coming out that France intends to […]

The numbers for Japan in December would imply on the surface that capital inflows took place rather than outflows yet the yen declined. There are serious problems with the way  governments track capital/trade flows. They do not actually monitor anything but cash movement. This is a throw back to the fixed exchange era when if […]

The Pope’s resignation has  inspired many articles about how Popes have even been imprisoned. To set the record straight, the battle with the Papacy has usually been about money. Yes, many Popes have been put through the ringer and others have been appointed like the Manchurian Candidate to control the Papacy. So yes, there is […]