The next two months going into September will be both interesting and critical. The NASDAQ Composite made new highs in July, but the S&P500 and the Dow Jones Industrials failed to exceed May highs. The general consensus is that there will be a rate hike in September and another in December, so if we back-off from […]

The asset class within tangible assets in the immovable category is none other than real estate. This greatly varies from one location to the next. We face two main problems with real estate because we are facing a major Sovereign Debt Crisis. First is the fact we have a problem with leverage reflected within interest rates. While many tout […]

Gold elected a Monthly Bearish Reversal today at 1155. We have some support down at the 1042 level for now. Technical support for August lies at the 1029 level. We will be issuing the update on gold for those who purchased last year’s report by the end of the month to cover the downside. This […]

Sometimes it really does not matter what the underlying truth might be – markets move based upon anticipation and typically reverse with the news. The Fed is looking more and more like it will begin to raise interest rates for it can see that the pension funds are in trouble. They need higher rates to […]

To make a market peak in a phase transition, the 99% must be bullish. Likewise, to create the low, the 99% have to be bearish. This is simply the way markets function. Now we begin to see the bearishness rise in the precious metals because quite frankly, the gold promoters put out such total bullshit […]

COMMENT #1: Marty, I can see why the government said you manipulate the world. The countless people who plagiarize whatever you and your computer forecast is unbelievable. There are people claiming the world will end on October 1st to others trying to pretend they have the same model giving the date as October 7th. Then […]

History repeats because human nature never differs. I have warned that Albert Einstein was correct: you can NEVER solve a problem with the same line of thing that created the crisis. NEVER has anyone in power EVER concluded that they are the cause of a crisis – it is always someone else. They were the same people in school who […]

Nigel Farage may be the only practical politician these days because he came from the trading sector. He explains the Euro-Project and its failures. He makes it clear that the Greek people never voted to enter the euro, and explains that it was forced upon them by Goldman Sachs and their politicians. Nigel also explains […]

CalPERS (California Public Employees’ Retirement System) posted a profit of just 2.4% for its fiscal year (which ended on June 30) that was well below its 7.5% investment target. This is illustrating the crisis emerging in pensions. Even the pensions that were funded are now underfunded because they counted for so long on 8% bond yields. […]

What actually constitutes the Long Depression has been debatable, for at first it was called the Great Depression, and then that title was transferred to the 1930s. Consequently, some limit the term Long Depression to the worldwide price recession beginning in 1873 and running through the spring of 1879. Six years is not exactly a “long” depression, that in […]