The way people try to judge one analyst against another is like saying, “Oh, he is right and someone else is wrong.” That is unprofessional because OPINION is irrelevant and NO ONE can be correct all the time. It is humanly impossible to forecast the future based upon what someone “thinks” will or will not happen. As soon as anyone tries […]

Brussel’s worst nightmare is coming true. The one thing the Troika has fought so hard to do is kill any democratic vote on the euro by the people in every country. This is not about the terms of austerity, which they still cannot understand is DEFLATIONARY and supports debt holders at the expense of society because politicians borrow forever, […]

A slew of emails have been coming in asking if we would help Greece if they leave the euro. ABSOLUTELY YES! This week we have people in Athens meeting as I write, offering at this stage an informal proposal should the people vote to leave the euro. This would be the GREATEST of all events that would not merely […]

Greece’s Finance Minister Yanis Varoufakis has come out to reveal the quite shocking and anti-democratic events that took place during the last Eurogroup meeting. First, they do hate Yanis’ guts, for he understands far more about the economy than anyone in Brussels. At their demand, any further discussions will be without him. What led to the EU […]

  The Greek drama of Greek Tragedy continues with a rumored agreement to continue the stimulus in return for promised reforms, only to have Greek Prime Minister Alexis Tsipras announce a surprise referendum on July 5 after June 30, which puts the IMF payment into default. Late last week EurAsia group’s Ian Bremmer remained confident […]

Remembrance photos in front of the Reichstag or other famous buildings in Europe may be banned in the future. The European Parliament will vote on the abolition of the so-called panorama freedom. Thus, a Facebook publication of vacation pictures with buildings in the background would be allowed only with the permission of the architect. So under their insane […]

On Monday, Puerto Rico is set to release a key report on its financial stability. Governor Alejandro Garcia Padilla told The New York Times that the island would probably seek significant concessions from many of its creditors because “the debt is not payable.” Puerto Rico is the next Greece where the “vulture” investors bought their bonds back in […]

Alexis Tsipras has imposed capital controls as Greek banks are to remain closed. The European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, clearly trying to hurt the Greek people to force them to stay in the euro to protect jobs in Brussels. Greece is due to make a €1.6 […]

King v. Burwell upholding Obamacare is a political decision, not law, and it reveals the distinct difference between Scalia (who many liberals hate) and Roberts who rules according to the political winds. This has gone way beyond the question of Obamacare being right or wrong. It is raising serious concerns that Chief Justice Roberts is most […]

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. However, keep in mind that the major Bearish Reversal lies down at the 10335 level. Therefore, only a monthly closing BELOW 10335 will CONFIRM the 11500 […]