MISES WEEKENDS with Jeff Deist and the interview of Martin Armstrong on Black Thursday – January 15, 2015. Jeff was the former Chief of Staff of Capitol Hill for Ron Paul. He now heads the Mises Institute.

  The whole idea of creating the Euro without consolidating the debts was the BRAIN-DEAD idea of academics with ZERO trading experience and lawyers. We really cannot afford these types of people making financial decisions about how to run the world. Whatever Brussels could have done wrong, they did. The EU politicians have assumed that […]

Obama has pulled a clever trick. He could not get guns outlawed so he has used the backdoor twice now. First, the Justice Department has been buying up ammunition to create a shortage. Now comes the second clever trick. Justice Department’s new program is called Operation Choke Point. This program equates legal gun stores with escort […]

The move in the Swiss was extraordinary because of the massive short-Swiss through loans and their own buying of Euros. The audacity of the IMF to even state they will look into this as if they have any such authority or credibility is just stunning. They want the inside info so they can line their […]

  Notice that the DAX has held up the best even against the Dow. Why? Capital continues to move within Europe to Germany assuming the Euro will crack and they will get Deutsche marks once again. Even the French CAC-40 illustrates that capital is starting to flee from PUBLIC to PRIVATE assets. Even Greek shares […]

Yes IMF’s Christine Lagarde says she was surprised she was not contacted by the Swiss. Lets get real. She has no credibility and could offer nothing to the world of finance since she is a lawyer with ZERO economic experience.

  It is being called Black Thursday. There was a tremendous natural short-position in the Swiss franc with all the people who borrowed Swiss to save on interest rates. True they saved interest. In return, they gained a 30% loss in currency. This natural short position from borrowing Swiss impacts mortgages in Britain down to […]

  We are in a very fluid period, which can be confusing, yet it is important to comprehend that NOTHING but NOTHING is ever PERMANENT. On the one hand, gold will eventually decline for its final low on the benchmarks. The only thing that will call that into question is a Monthly Closing ABOVE 1350. […]

  The problem with the Euro has been the secret design to federalize Europe. It is one thing to create a central government for the major issues of international cooperation and defense and another when you try to create centralized control over everything. The demise of the USA is also in the cards because of […]

  The extreme support for the Swiss against the dollar lies at the 80-81 level. Resistance forms now at the 88-90 area followed by 93. The extreme collapse was due to the tremendous losses incurred by the central bank and the complacency among traders, including hedge funds, who basically just follow the crowd. You have […]