Behind the Curtain China and others warned the US that if it played games with the debt, it would be the last the US would be able to sell its debt to foreign lands. This is also why Obama announced tax-free long-term bonds for Americans to bring the debt home. This is why there is […]

QUESTION: I’m not clear about the purpose of the ECB. Each member country goes to the international capital market and gets a different cost for its bond issuance based on its credit worthiness and other factors. If the ECB’s role is to redistribute the debt loads of stressed countries by taking from the less stressed countries, […]

The Global Market Watch has been posted for the close of February 10th, 2014. Global Market Watch

This idea of socialism and get the rich is just a cover, The Politicians just raised their own salaries from 5,000 to 9,000 euros per month. Yet they are good socialists when the preach to the masses.

For all the rantings about hyperinflation and the demise of the dollar as the reserve currency, the fallacy of this constant preaching is quite plain and straight forward. WHERE DOES MONEY GO IN THE ALTERNATIVE? While the gold promoters tell you it is only gold, after the German Hyperinflation the new currency was backed by […]

A number of people have written with the same question – why does war come into play now? The answer is very simple. One of the benefits of establishing the most comprehensive databases that extends back thousands of years is the fact you can run studies and correlate trends. What jumps out at you from […]

For as much as the Japanese Press immediately printed the clarification that Abe misspoke regarding the tensions between China and Japan rising, the USA has come out stating that they would defend Japan. This subtle statement demonstrates what is really going on Behind the Curtain – yes the rising tensions are great. China remembers the […]

It does not appear that this is the final low for gold as yet. However, a daily closing ABOVE 1293.50 on the cash will signal a move to the upside is possible. The major resistance remains at 1455.00 on a weekly closing basis in cash. On a weekly closing basis in the nearest futures we […]

The German high court has issued a stunning attack upon the European Central Bank, arguing that its rescue plan for the euro violates EU treaty law and exceeds the bank’s policy mandate. Anyone who studied just one semester of law understands that this decision is right on point. One of the primary reasons I disagree with […]

In Japan, Prime Minister Shinzo Abe bluntly spoke the truth that the current Sino-Japanese tensions and relations are similar to those between Britain and Germany on the eve of World War I. Indeed, the Financial Times reported that Abe said on Wednesday that Japan and China are in a “similar situation” to the two European powers […]