The increase in buying by the ECB from 50 to 60 billion is reflecting what we posted earlier. The massive contraction appears to be closer to 6 trillion Euros. The ECB clearly gained more support even from Germany for this is a far easier way to try to bailout members than politicians having to face […]

The European Central Bank agreed on Thursday to embark on a quantitative easing (QE) programme that will see it print money to buy up 60 billion euros worth of sovereign bonds from March until the end of September next year. The money will include some from existing programmes. Countries under a bailout programme, such as Greece, […]

The European Central Bank (ECB) kept its main interest rate unchanged on Thursday, but markets are still on edge ahead of this afternoon’s press conference, at which central bank President Mario Draghi is expected to announce a “full-blown” quantitative easing (QE). “Further monetary policy measures will be communicated by the President of the ECB at a […]

BEWARE the Police. The Police today are acting in the very same role as the soldiers that furthered the fall of Rome. They are seizing money with no crime and its all going to pay their pensions. This is getting more and more press as here on CNN. Looks like history repeats. It was the […]

The one war that never ends is how people constantly try to fight the trend. The ECB will buy bad government debt they created instead of doing what was necessary from the start – consolidate all state debt. That would have enabled the Euro to be a viable currency creating a reserve base that does […]

The underlying support for the US share market is starting to unfold for the long-term (not short-Term trading). The yield on the S&P 500 has exceeded the 10-year Treasury warning that we are indeed entering the Bond Bubble. The peak in this relationship was 1931 when dividend yield reached about 9.5% after bottoming in 1929 […]

The hedge fund CANARSIE CAPITAL, LLC of New York City lost more than 98% in a single year. Owen Li, former Raj Rajaratnam’s Galleon Group trader, lost just about everything out of $100 million leaving just $200,000 behind. In a letter to investors he apologized stating he was “acting overzealously”.  Even a simple oscillator would have warned […]

Of course the Gold Promoters are touting jump on. They always do that. This was the target week the computer highlighted back in early December. Today is the Directional Change and the Daily Bullish Reversal stands at 1298. The weekly stands at 1324. Every time gold rallies, they come rushing out screaming BUY BUY BUY. […]

  The FORECASTER will NOT be shown at the Sundance Film Festival to answer the emails. Sundance refused to show the film based upon information and belief from reliable sources despite getting good reviews even in Hollywood. So you can speculate why. Probably the same source that tried to have the trailer removed from YouTube, controls […]

One of the reasons I criticize academics has been my experience in their suppression of knowledge. I use to fund important archaeological excavations that could further our knowledge of history. The First Gulf War bombing uncovered a ancient city nobody had known about in the desert of Iraq. Ancient cities contained libraries where everything was […]