In the wake of Wednesday’s surprisingly questioning of Fed Chairman Ben Bernanke, he has unleashed a massive selloff in the US dollar by giving the reverse impression that the Fed may exit from monetary accommodation and easing. Bernanke stated that the Federal Reserve was failing on both of its core mandates, and that inflation was too low and unemployment too high. […]

  One of the most fascinating aspects of market/economic behavior is how the majority MUST be wrong in order to fuel the movement. There are loads of articles and forecasts questioning the recovery and how the world will collapse into a black hole. But if everyone is short dollars/long gold it will never happen. Tons […]

I have written about the 224 year cycle. These turning points have marked major changes in political trends. Sometimes society survives mostly intact because we blink such as the replacement of monarchy in Britain or the overthrow of the king in Rome giving birth to the Republic in 509 BC and the birth of Democracy […]

QUESTION: Martin, Contrary to the sensationalism of this article, does the inversion basically just mean that gold is going down and the U.S. Dollar is going up? ANSWER: When gold is money, it obviously declines during a boom purchasing less as stocks and real estate rise. When the business cycle turns down, then WHATEVER is money […]

QUESTION: Hi Marty, Has the ECM failed to predict events in the past? If so, which ones and were you able to modify to address the flaw? If not, what event(s) would need to occur to disprove the validity of the ECM? Best Regards, Kyle ANSWER: No. It is a composite of everything, not anything […]

QUESTION: “So Deutsche Bank is bankrupt and US investment and commercial banks are at big risk from rising yields, but all the stock prices are still going up because people will trust owning Goldman or Barclays stocks over owning government bonds???” ANSWER: I seriously doubt that bank stocks will do well. During the Sovereign Debt […]

The rise in interest rates will have a major impact upon commercial and investment banks. Believe it or not, their models are incapable of forecasting major changes in trend. They are far too short-term oriented and are created by quants with no real historical debt. That was the subject of When Genius Failed: The Rise and […]

Gold tumbled about 3% after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary stimulus later in the year. I have warned that the US economic outlook is bullish into 2015.75. The dollar will rise and that will help turn the US […]

The Euro has plummeted dropping to 12900 zone. Our Daily Bearish on the spot lies at 12940. Portugal interest rates have jumped to 8% and will move higher. Austria has closed 25% of all the branches of their bank in crisis, and we are waiting for the first crack in German banks. The EU Commission […]

QUESTION: Dear sir I have read your articles extensively and i have a few questions… You have repeatedly said that the tree must be shaken (for gold) but as far as i know gold and silver are in a BEAR market. This is not a correction in a bull market any more but a bear […]