Just one day after India increased the taxation on gold to 10%, the Reserve Bank banned the sale of gold coins, medallions and dores without a licence from the foreign trade office. The Reserve Bank is out to end the capital outflow from India that is going into gold. We are seeing an increased trend toward this in […]

QUESTION: What about ancient collectibles? Do you think these are a good investment? ANSWER: Yes. Ancient coins are collectibles internationally whereas American coins bring the highest price in the USA as is the case for Japan and so on each in their native country. Ancient coins a recognizable internationally and thus tend to be a […]

QUESTION: What about ancient collectibles? Do you think these are a good investment? ANSWER: Yes. Ancient coins are collectible internationally whereas American coins bring the highest price in the USA as is the case for Japan and so on. Ancient coins a recognizable internationally and thus tend to be a far more stable store of […]

QUESTION: ” But keep in mind that the major event should be later 2015 – not right now.” Could you please explain with more details these important words? ANSWER: The 1987 Crash was just that on the mid-term turning point with the crash unfolding, but that was short-lived and not a sustained change in trend qualifying it as a minor rather than […]

  Just as they say there is the calm before the storm, there is always the false move before the breakout. As we approach the midpoint on the Economic Confidence Model August 7th, which is curiously 31.4 days from the low, we should keep in mind that this is the midpoint and not the climax […]

The United Nations Office for Disarmament Affairs has released on August 5th with the turn in the ECM an amazing agenda where they will assist member nations to confiscate weapons from civilians. Who is behind this would be very interesting to find out. Effectively, there seems to be an agenda to disarm the people that can […]

The diehard bulls are already proclaiming the low is in place so buy – buy – buy. Gold should press higher into next week, but the Weekly Bullish Reversal stands at 1423 and the year-end resistance will be 1435. The big turning point is still next January. So we are about $100 below major resistance. […]

These politicians are lawyers – not economists. Lawyers are trained NOT so much in how to comply with the law, but how to avoid it. When Bill Clinton was under deposition he asked what was the definition of “is”. People laughed at that. But this is how a legal background works. It is word-smithing. You […]

This is a good read. An observation of inbred social stupidity because of the political ramifications that have interfered with the true lesson of history. What is written here can be said of many cultures as well. http://www.bangkokpost.com/opinion/opinion/364066/the-land-of-smiles-or-is-it-stupidity When I would interview graduates for a job, I would go down the list of economists and […]

One of the more interesting ideas to advance travel would be to erect tubes within which a capsule would travel at about 700 mph. This is like you put documents in a tube at a drive up window at a bank or they use tubes to transport documents in buildings. If you could enter of […]