Interest Rates are not actually within the scope of the Fed’s power. It can create a base rate, but everything from there is indirect. That is why the Fed bought in 30 year bonds. It was hoping to create a shortage of long-term to reduce mortgage rates and encourage capital to buy mortgages. Everything they […]

In the wake of Wednesday’s surprisingly questioning of Fed Chairman Ben Bernanke, he has unleashed a massive selloff in the US dollar by giving the reverse impression that the Fed may exit from monetary accommodation and easing. Bernanke stated that the Federal Reserve was failing on both of its core mandates, and that inflation was too low and unemployment too high. […]

Snowden is not the first to reveal what the NSA has been up to. I have heard this being commented on in meetings on the Hill as a matter of fact. The American press prefer to slander Snowden pointing to his girlfriend and the fact he dropped out of high school. Perhaps he is supposed […]

  One of the most fascinating aspects of market/economic behavior is how the majority MUST be wrong in order to fuel the movement. There are loads of articles and forecasts questioning the recovery and how the world will collapse into a black hole. But if everyone is short dollars/long gold it will never happen. Tons […]

I have written about the 224 year cycle. These turning points have marked major changes in political trends. Sometimes society survives mostly intact because we blink such as the replacement of monarchy in Britain or the overthrow of the king in Rome giving birth to the Republic in 509 BC and the birth of Democracy […]

COMMENT: Thank you so much. I am beginning to look at the financial landscape and can see what you have been stating. Today, the dollar down, gold up, Dow off. It is like a ballet. Everything is coordinated. Jeff ——– REPLY: Yes. You are starting to see the world for what it is. Nothing, but […]

COMMENT:  I would like my deepest admiration for you and your work to be a matter of record. It does seem slightly strange to be saying that, known as I am for being a feet firmly on the ground individual, but making known my support may also be of some interest. … Though I now rather […]

QUESTION: OK you were right about gold. But your idea that money can be intangible without inflation I am not sure about. Are there any examples? ANSWER: Plenty. Aside from the fact that money was ALWAYS intangible in Asia and in Ancient Egypt before Alexander the Great’s conquest in 334BC, there are examples in Europe […]

QUESTION: Martin, Contrary to the sensationalism of this article, does the inversion basically just mean that gold is going down and the U.S. Dollar is going up? ANSWER: When gold is money, it obviously declines during a boom purchasing less as stocks and real estate rise. When the business cycle turns down, then WHATEVER is money […]

COMMENT: I’ve found a very good point in one of your writings “there are panics that are local such as 1792, 1837, 1869, 1893, 1907 just to name a few and then there are those that are contagions that are global such as 1857, 1873, 1929, 1987 and 2007. Sometimes the contagion began in Europe […]