I have warned that if you are going to buy gold, make sure it is common date $20, $10, or $5 gold coins since bullion is going to become a dirty word. As of April 1, 2015, Chase Bank in the U.S. is advising its clients who rent safe deposit boxes that they may not […]

  When it rains, it pours. For the last 15 years there have been rumblings surrounding the possibility of creating the impulse engine in “Star Trek”. Nearly 15 years ago, British inventor Roger Shawyer proposed an EM drive that would produce thrust by using solar power to generate multiple microwaves that move back and forth within an enclosed chamber. […]

Of course those biased toward gold will relay the rally as big volume, as if this were some sort of fresh buying that warrants cheering when in fact it is a short-cover rally. This is the bounce our computer has projected without bias or passion, minus the hyperbole. We can see that the Energy Models […]

The old idea that inflation is created by an increase in money supply has distorted the minds of many people. Inflation is caused by numerous factors for it is not a one-dimensional aspect. For example, the current bird flu has rendered half of the egg production to be worthless, which has sent egg prices soaring. This has nothing […]

Governments are the worst possible invention of humankind for they merge the rule of law with their self-interest to exploit the people for their own subsistence. Chicago is broke because it cannot fund its pensions. The obvious solution is to privatize everything and stop government employment as much as possible since their constitution prohibits reducing government […]

I received a lot of emails after announcing that I would be in India this coming week. Here I am, updating from Mumbai, which was Bombay up until 1995. Mumbai is the 9th largest city in the world and home of the most expensive house in the world, located right here in the heart town. Mumbai […]

QUESTION: Marty; What did you think of Trump and Rand Paul in the debate? Thanks BP ANSWER: I felt Trump held his own. The moderators were biased and starting the pretend debate by asking who will pledge not to run independently illustrates that they were speaking as the party line rather than an as unbiased […]

  FOX News is really starting to show how they are attempting to influence the elections by destroying Donald Trump through claims that he is against women. I think the attack is really exaggerated; he may say some wild things, but is he really against women? I would say the evidence does not support that. Nonetheless, FOX […]

It appears that many people are married to the idea that the Fed creates INFLATION by expanding the money supply. Sorry, it does not work that way. Others confuse the fact that interest rate increases are bearish and declines are bullish. All you need to do is look at Japan to see that did not work […]

Gold closed at 1094.10 holding the Weekly Bearish Reversal at 1084 once again. The nasty emails have come in already asking, “Where’s the bounce?” It seems there are some people who hate me so much that they live to try to prove me wrong; I suppose to make themselves feel better that they’re out of their minds. […]