The fire storm over the NY Bankers manipulating markets is spreading. Goldman Sachs has been the brunt of jokes such as that that aired on the The Daily Show.The Federal Reserve is also currently reviewing Morgan Stanley’s behavior in commodities markets. The CFTC has been forced to at least subpoena Goldman Sachs, and the allegations […]

CAROLINGIANS. Uncertain king. Late 8th-9th century. AV Solidus Mancusus (19mm, 4.02 g, 8h). Imitating Abbasid issue of caliph al-Mansur. Uncertain (northern Italian?) mint. Dated AH 158 (AD 774/5). Kalima in three lines; Second Symbol in outer margin / Continuation of Kalima in three lines; mint formula and AH date in outer margin. Ilisch Group IV; MEC […]

Wheat is still position to move into a low for September where we have a Monthly Directional Change. We do have a important Monthly Bearish Reversal at 604250. That is the major closing support to watch. Only a monthly closing beneath that would point to a drop down to the 580250 level.

We still see the A$ declining with the commodity cycle. The rise is likely after 2015.75. For now the major resistance stands at the Monthly Bullish Reversals at 12366 and 13804. The interesting aspect is that the dollar peaked on August 5th at 11299. The Daily Bearish to watch lies at 10713. A minor Daily […]

QUESTION: I listened to a radio interview where you said the Dow could double by 2016. Is that for real? ANSWER: Yes! There is never a single reason for anything despite the TV reduces everything to this happened because of this. There is the major trend of Public confidence that shifts to Private. We can […]

Michael Bloomberg clearly does not respect the constitution at all. Between is crazy soda ban he lost now his stop-and-frisk policy that police can just go search anyone on the street at any time has been struck down as unconstitutional. This guy does not belong in government. Perhaps in prison. But never in office. This […]

Obama wants to raise taxes $1.6 trillion. September is the Debt Ceiling Contest. These people keep spending more than they collect in boom time and bust times. The borrowing is just printing money that pays interest as it began in 1863.   They had at first issued demand notes or Greenbacks that paid no interest […]

The US Economy is emerging as the center of economic growth in the world. US growth in the latest readings shows an annual 1.7% growth rate while Japan’s economy advanced at 2.6% due to the decline in the yen as Investors in Emerging Markets have seen things get much worse right down to rising civil unrest in […]

On February 19, 1777, aboard the warship Warren, which was anchored outside of Providence, R.I., ten American sailors and marines serving in the war met in secret. They determined it was their patriotic duty to blow the whistle on wrongdoing that they witnessed by their commanding officer who was Commodore Esek Hopkins (1718–1802) of the Continental Navy. […]

About 1,000 people have besieged the American Military Base in Sicily demanding America get out with its huge antenna there. The protest began claiming this spy satellite is harmful to the health of the people. The police were called in to intervene and had to tear gas the protesters. Several 100 demonstrators stormed a U.S. military base […]