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January 18, 2015
The next crisis will be the currency pegs against the dollar. Here we have pegs from Hong Kong to the Middle East. We will have the same problem for as the dollar is driven higher, thanks to the implosion in the Euroland, these nations will import DEFLATION from a rising dollar. This will break […]
January 18, 2015
The dramatic move in the Swiss franc may have confirmed two other interrelationships. Against the dollar, we wrote at year-end “The Swiss is currently trading at 9934 and a mere year-end closing above 9785 will signal that indeed the 2011 low for the dollar will hold and that a test of the 11800 followed by […]
January 18, 2015
Sen. Dianne Feinstein is expected to pocket $1 billion from the Post Office for her family. These people are beyond greedy and they have the audacity to always blame the rich. Just amazing. Maybe the Greek cab drivers are right. Just where the hell do we start when corruption is everywhere?
January 18, 2015
People have no idea the real level or taxation that they pay. A flight from Zurich to the USA runs $975. The actual air flight is $498 on United Airlines and the taxes are $477. A staff member from our Swiss office brought some chocolate as a gift for Christmas. What was about $300 […]
January 18, 2015
Obama is at it again. He want to target the “rich” which is household income soon to be $200K+ and prevent them from leaving assets to their children as well as raise taxes on their investment. This definition of the “rich” is really not salary, but profits from investment. How about starting with politicians? They […]
January 18, 2015
The desperate attempt to keep the Euro together is really setting the stage for sending Germany into a Great Economic Depression. Merkel now wants to raise the tax rate to pay for all her bailouts of Europe. She cannot comprehend that raising taxes to support the Euro is reducing disposable income and reducing the […]
January 17, 2015
COMMENT: Marty, one of the comments on the Mises Institution site says it all. You are never wrong. I have to admit. I was a goldbug and listened to the bullshit as you call it. Yet this action in gold has proven not merely were you correct in saying gold would pop, it has nothing […]
January 17, 2015
Here are transcripts of the WEC since the Movie Producers filmed everything since 2011. They had transcripts made and can search a topic and come up with the time I discussed it. 4:11:02 “Alright, I’ll pay more, but he’s paying 75 so that makes it ok.” This is what’s going on. Every time in the cycle […]
January 17, 2015
At the Berlin World Economic Conference I delivered the same forecast we gave to the Swiss – the EURO/SWISS PEG COULD NOT HOLD. Indeed, its lasted about Pi 3.14 years before the pressure really built and 3.3 years it cracked. Who is to blame? The Swiss? Or does the blame belong to Brussels and […]
January 16, 2015
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.