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 […]

The French government plans to pump billions more in aid desperately trying to save the Peugeot factory in Aulay. Hollande refuses to realize that raising taxes causes economic decline and a greater proportion of money goes to government. The Peugeot production facility is unprofitable and the operation is functioning more like a communist organization rather than […]

The Disapproval Rating of Congress has reached an all time high 83%. This is a historical high and is moving into what our computer has been forecasting that 2016 will be a rise in 3rd Party Activity. It is a shame, but politics has lost all touch with the people. The White House is actually […]

Indian banks are now required to set aside 20% of all imported gold for export purposes. Gold is now to be held in bonded warehouses and banks may only import additional gold after they have exported at least 75% of those reserves. We reported previously that the current account deficit in India has been driven by the […]

A number of people have asked: What do you expect after 2015.75? Is it possible that the shift in capital after the turning point would be an early move back into gold? That you so much for explaining hyperinflation and deflation. People do not appreciate how economic shocks are always followed by economic reforms. The […]