The pension crisis is beginning to emerge as a real growing problem. The central banks have been keeping interest rates low for the primary reason of reducing the national debts. In Germany, they are beginning to notice that not merely are government pensions growing faster than private as public servants help themselves to our income […]

In Germany the people are starting to notice that government pensions are growing far more rapidly than those in the private sector. We have to realize that about 50% of all taxes in Detroit went to pensions. This same economic model destroyed Rome. This is what we face, yet we cannot prevent the crash and […]

The old Russian Communists are telling the Russian press that the US will attack Russia after Syria. The Chairman of the Central Committee of the Communist Party, Mr. Gennady Zyuganov, tells the Russian press that Russia still needs to help Syria because; “We have to constantly realize that we will be next after Syria,”  The war […]

Reuters has reported that the NSA has now been exposed tapping communications between the presidents of Brazil and Mexico. These people have gone far beyond any pretense of tracking terrorists. How come they fail to understand that the very organization they claim all this is necessary for to protect America is the very organization they […]

A mosque was blown up in Lebanon because the cleric there was preaching how people should join the holy war in Syria. Obama is now supporting the religious terrorists he has used to justify stripping us of all our rights with X-Ray machines that expose you to accumulative x-rays and the NSA. People have to […]

QUESTION: Why is mainstream media pro-Obama and war? ANSWER: The press has traditionally been a pawn of government. Look at the NSA scandal how they have taken control of airlines, Google, Facebook, Yahoo, and Microsoft to name a few. The American press was responsible for creating the Spanish-American War in 1898. I was taught that […]

We elected the first Minor Weekly Bearish Reversal at 14825 but not the second at 14805. This warns that we still should press lower perhaps into next week. However, it does not signal a complete breakdown. The bottom of the Uptrend Channel lies at 14233 for next week. The Weekly Bearish Reversals are 14805, 14450, […]

QUESTION: If war in the Middle East prostpones the Sovereign Debt Crisis into 2020, will the eonomic decline after the peak of the ECM in 2015 be milder decline in stocks and other private assets? Kind  regards j.k ANSWER: The postponement can be largely a suspension as was the case during World War II. However, these types of […]

    A closing today below 14806 in the Dow Jones Industrials will warn that we should see lower lows in September. The important support lies at 14450. A closing beneath this level will warn of a more dramatic decline of a serious nature. In Gold, we need a closing above 1425 to signal a […]

Sources directly from Capitol Hill revealed that three separate letters were sent to Obama from members of Congress warning him not to take action on Syria before they return. That has been the whole point. Obama faces a debt ceiling battle in September and the Treasury runs out of money in October. John Boehner is […]