Our computer says that Bill Clinton will not get to dress up for White House Parties — what a shame. He would have been one of the sexier/flirtier First Ladies we’ve had in a long time. The election cycle for 2016 seems to be another forecast that the computer has been spot-on about. We will see […]

Researchers at the University of California, Berkeley (UCB) are developing computer chips to implant in the human brain for the purpose of data collection. President Obama began the BRAIN Initiative (Brain Research through Advancing Innovative Neurotechnologies) in 2013 to begin developing these intrusive devices. They claim the chip will be so small that people will not even notice it. Well, […]

With the exception of the bond sell-off yesterday, the markets behaved reasonably well – even in thin summer trading. This comes after Federal Reserve Bank of Atlanta President Dennis Lockhart’s comments that the Fed is poised to raise rates. Today, we saw a mixed Asian session for equities with both the Nikkei and HSI ending with small gains (+0.45%) whilst the […]

The trading range is defined by our Daily Bearish Reversals at 1080 below and 1109 above. The Energy Models are improving and a closing outside of this range will signal what we are getting into for September. Technical analysis on the monthly level for August stands at 1104, so the technicals are confirming the Reversals […]

The lack of understanding with respect to market development is astonishing. The gold promoters desperately continue to argue that demand is somehow rising for physical coins, so somehow the prices are not real. At the bottom of markets, fresh buying NEVER causes the low — it is short-covering — END OF STORY. As we move into lower prices, mining […]

French customs officials received a tip that lead to the confiscation of a rare painting. The Guardian reported that French customs officers boarded a yacht docked off the town of Calvi in northern Corsica. They knew precisely what they were looking for: a €25 million Picasso belonging to a member of a Spanish banking dynasty. The Roman […]

Standard & Poor’s 500 Index has lowered the credit outlook for the EU as a whole to NEGATIVE. SPIEGEL Online reported, in addition to the new aid for Greece, one of the reasons for the negative rating includes the investment plan by President Juncker to spend more money. No one comprehends that increasing tax enforcement and raising taxes is not […]

The IMF has taken the position that it should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016. This seems to be political rather than economic. Then again, the IMF is acting far beyond what it was intended to do and is part of the Troika in Europe […]

  Thank you for sending copies of all the photos people took after “The Forecaster” premiere. They are greatly appreciated. I always like to retain the photos of the people I pose with.

None of the core Asian Equity Indices managed to trade in positive territory today: Nikkei (down 0.19%), Shanghai (-1.12%), and HSI (-0.92%). We saw weakness again in Asian currencies, and this mood worked its way in Europe as well. The first trading day in the Greek stock market after its official closure saw a 17% […]