Interesting Article by Bruce Schneier, on how the Internet has been turned into a surveillance tool that becomes impossible to avoid. We do not use cookies – nor do we sell any names to anyone ever http://edition.cnn.com/2013/03/16/opinion/schneier-internet-surveillance

The first window we warned where a low in gold could form was June in the mid 1100 level. We reached that minimum target objective despite all the yelling and screaming about fiat, manipulations, and other nonsense. We are still not out of the woods on gold yet and the primary resistance zone going into […]

Obama’s replacement for Ben Bernanke as Chairman of the US Federal Reserve has been narrowed down to a two-horse race, between Larry Summers and Janet Yellen. Summers was Obama’s chief economic adviser in the aftermath of the sub-prime crisis and Treasury Secretary under President Clinton from 1999-2001. Janet Yellen is a former President of the Federal Reserve […]

President Obama is already posturing to raise taxes again. He is now calling for $1.6 trillion in tax increases. We are headed into a massive black hole and there is not much we are going to be able to do. These politicians are totally out in left field and we may actually see a government […]

German citizens have not actually benefited from the Euro in personal ways. Among the 17 countries of the Eurozone,  Germany is far behind countries such as Italy, France or Spain insofar as net assets are concerned. Additionally, one in four Germans suffer from a low wage.

Congress goes on vacation for a month and upon return the fight will be the budget and debt ceiling. Obama is already trying to blame the Republicans for undermining his proposals for the Middle Class. But this is really a joke. If you just look at Detroit, about 50% of all tax revenue is going […]

Dick Cheny’s Halliburton has agreed to plead guilty to destroying evidence in the BP oil disaster. They have accepted one count of destruction of evidence and paying an unspecified fine. The company moved overseas previously when they were the target of other questionable activity.

The Dow has been inching higher but has been unable to reach the major resistance area that we have outlined at the 16000 level. Many markets have reached a temporary high this week and the next two weeks will now become interesting. The fact that the Dow has backed off to some extent and has […]

During April 1795, in the 3rd year of the French Republic, the National Assembly created a new currency. From now on, the franc was to be the standard coin in France. The franc was one of the most modern currencies of the time, for it was divided decimally: 1 franc was equal to 10 decimes […]

When ricin-laced letters were sent to Mayor Michael Bloomberg and President Barack Obama, the FBI used a secret program to track down the sender. It’s called the Mail Isolation Control and Tracking program. Through it, U.S. Postal Service computers photograph the exterior of every piece of paper mail – last year, it scanned 160 billion […]