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Relationships Are Never Constant – Everything Fluctuates

COMMENT: “You go on and on, in article after article, saying money is not tangible and never has been.  Then, you say in some kind of Mad Max world, gold will be worthless — Rice/food will be money! Rice is not tangible????? Your ideas may be good, but your explanations are convoluted, contradictory and often incoherent. JC” […]

Why Switzerland

QUESTION: “Martin; Isn’t it just as corrupt as the rest of them since UBS and CS bankrupted the economy?  And of course the Swiss Central Bank pegged CHF to € which is further evidence they are coming into the banking cartel fold. And haven’t they acquiesced to US regulators? So, what’s so special about Switzerland apart from the […]

Can the Dow Rally with Declining Bank Stocks – ABSOLUTELY!

QUESTION: “how can you possibly align staying away from bank stocks at the same time thinking there is a possibility the dow doubles in the next 2 years….NO CHANCE both of those happen (in my humble opinion)…ZERO….would love a scenario laid out, however, that big banks would flounder while the rest of the markets rip […]

Yes in a Mad Max Dark Age Not Even Gold Has Value

Some nasty comments immediately focus on that statement and as always only emerge from the gold fanatics who will never change their mind about anything no matter what the facts might be. Of course they are based upon a PRESUMPTION that gold always has value without any historic proof whatsoever. The only thing in a […]

NSA & Microsoft – Going Down Together?

Steven Ballmer who took the reins of power from Bill Gates, is leaving Microsoft in terrible condition. He raised the price of software tremendously where previously you could install a program on 5 PCs, now it is the same price for just one. He allowed the company to get in bed with the NSA and […]

More UK Banking Scandals – They Just Keep Coming

Tn the UK, regulators like the Financial Conduct Authority (FCA) are not as bought and paid for as they are in New York. The latest scandal to hit the banking sector involves CPP Group Plc as well as 13 other major banks and credit card companies. The scam has been to sell insurance to cover if your […]

Stay Away From NY Bank Stocks

Moodys has implied that they may downgrade the big banks stocks including Goldman Sachs and J.P. Morgan. The reason for this is what I have been reporting that the Fed has informed the bankers they will not be bailing them out for proprietary trading. In addition, the bank spread between what they have been paying […]

Is there War in the Air?

Inside sources are confirming the rebels staged the attack in Syria 2 days after the UN team got there and it was within 10 minutes of where they were. This is becoming a religious war and the overthrow of Syria is likely to create another Iran, not a land of democracy where everyone lives happily […]

Gold $5,000+ – Why

QUESTION: You have been really hard on the “gold promoters”, yet you are long-term bullish on gold. Why would gold rise if not for all the reasons put forth by the gold promoters? ANSWER: I was a gold market-maker. Personally, I prefer gold. I prefer to handle it. But whatever my personal feeling about gold, that […]

Market Recap For Friday 8-23-2013

Gold has rallied up to almost the 1399 level. We do have closing resistance at 1397.90 today and today would appear to be a high if it closes back below 1388.50. The key resistance is still at the 1421-1424 level and support lies at 1372.10 right now. A weekly closing back below 1336 will signal […]