Whenever there is some political deal, it is NEVER what they present to the public with such magnanimous fanfare. There is always a hidden agenda. Here, Obama tells the American people this deal will prevent Iran from gaining nuclear weapons. Why the sudden change of heart? Surely, negotiations could have produced the same result five years ago. […]

Americans interested in attended the WEC can sign up for Berlin where we have the ability to expand seating.

The story of a possible lawsuit against Goldman Sachs over hiding Greek debt is starting to make the press. We do most certainly live in interesting times. The Independent is now reporting that a leading adviser to debt-riven countries has offered to help Athens recover some of the vast profits made by the investment bank Goldman Sachs […]

  There have been many attempts at creating a gold standard and this notion that money should retain a value yet simultaneously people want to earn more with rising wages and assets values. Even Merkel’s “austerity” is a derivative of this idea that money should be somehow tangible in value yet simultaneously Euroland allows for […]

The left-wing Syriza Party of Greece is starting to question what Prime Minister Alexis Tsipras is up to. Merkel is demanding austerity FIRST before any loans. Additional murmurings behind the curtain claim that Merkel wants a list of all assets owned by Greece. If Merkel thinks that she can seize Greek assets upon a default, she is […]

Some people have a very hard time understanding that we are in a massive deflationary spiral; they think that rising prices simply means it is inflation and not deflation. They only see prices, not disposable income, and certainly not economic growth and unemployment. Prices rose sharply following the OPEC oil price hikes, but the sharp […]

We will be holding a special one-time event for our clients (meaning all interested readers). This is not a general public event, so we are not advertising outside of this blog. We will be showing “The Forecaster” on Saturday, August 1, 2015, with a question and answer session afterwards in Cherry Hill, NJ. The time […]

Only an hour into this morning’s trading and the news broke of the possible Greek Deal. Bunds were hit hard (down over 170 tics) and BTP’s (Italian Govt. Bonds) rallied 2 full points, pushing all peripheral spreads tighter. Greek 2yr Govt. Bond traded down 600bp to 23.75%. Equities loved the news and have been in […]

Further evidence that 2015.75 is really the peak in a Massive Debt Bubble: The Middle East has always been on a cash basis as their revenues from oil exempted them from ever borrowing money – that is not the case today. As oil prices rose, spending programs also anticipated no end in sight. So as […]

  We will be holding a special one-time event for our clients (meaning all interested readers). This is not a general public event, so we are not advertising outside of this blog. We will be showing “The Forecaster” on Saturday, August 1, 2015, with a question and answer session afterwards in Cherry Hill, NJ. The […]