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 […]

QUESTION: Hi Martin, I like that you are very open minded when in comes to future tech which will change the world and dogmas (like electric cars and gas becoming obsolete etc.). One of these things is also electronic money which will make physical money obsolete as well. I am just curios why you put […]

Whether or not ISIS beheads people is certainly not in question. Regardless of whether a beheading was conducted on professional stages, this certainly would not relieve ISIS of such behavior. It would only imply that ISIS was indeed using the media to their full advantage to solicit as many people to join them as possible. […]

CyberBerkut, a Ukrainian group of hackers, claims to have hacked John McCain’s laptop while he was in the Ukraine. What they have released from his June visit appears to be a fully staged production of an ISIS beheading video. Interesting if this proves to be true.

The Euroland is still not a unified idea outside the minds of the political elite. French farmers set up roadblocks to stop the import of cheaper food from Germany and Spain. This is not about the consumer – this is everyone for themselves. The idea of a unified Europe will never fully materialize, even by force.

COMMENT:  Dear Martin, Many thanks for your frequent “Shanghai updates” – as you say: truly amazing how everything is so tightly connected: Haute Brion and Laffite at discounts, VW and BMW car dealerships complaining about unsold cars and a very good indicator also showing that the investors got hit badly this summer: you get tables […]

Greenspan wrote rudimentary programs on a punch a card. This form of programming predates computers. This recording medium allowed one to code the notes to a song on a cylinder, and music would play as the cylinder revolved. This was the forerunner to punch cards used in early computers to input data and run a […]

We received a lot of e-mails regarding the collapse in diamond prices, which is closely correlating with gold without bank manipulations. This is part of the deflationary trend and the 2011 high was on target for the reaction high. The 37-year target could produce a cycle inversion with a high instead of a low. That would line […]

The Shanghai share market made an outside reversal to the downside in June, signaling that the rally was over for now. The Monthly Bullish Reversal stands at 4696000, while the highest monthly close set at the end of May was 4611744, which was our major target. A monthly closing below 3049000 will signal that the rally […]

Gold Room Fort Knox QUESTION: Martin, With your recent comments on gold; you seem to be implicitly suggesting people to sell their gold, since there is a good chance for it to bottom-out at a sub-$1000 level. Wouldn’t it make far more sense to hold onto it at least till November? 1) We don’t know for […]