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 […]

The diamond market has never been close to the insane levels reached during the investment boom, which peaked in 1980. Diamonds entered a 37-year bear market, which often follows such a major Phase Transition. This warns that we could still see the final major low unfold in 2016 on an annual closing basis, and 2017 […]

Asia saw a dramatic 8.5% collapse today, and London began their session today looking at Asia. European futures were all obviously lower and did not look back from the open. The U.S. session accelerated the fall that strengthened the recent flight to quality by helping to cement the ultimate peak in government debt in short-term rates. […]

The more people open their minds and observe our model, the more their eyes open and begin to see the how the world economy is interconnected. Our model on the Dow pinpointed a high for the week of July 20 with a Directional Change and a two-week trend into the first week of August. Curiously […]

Why have gold investors taken flight from gold as it falls from grace? The sophistry that has fueled gold is being exposed. The gold promoters spun their latest tale by raising unrealistic high hopes for China as their savior as they were buying gold and would use it to back their currency. They tout that […]