QUESTION: When I read your projections regarding monthly or weekly closes below certain levels, i cant help but think that the government is reading it also and will use their mighty resources to make sure that the levels are not fulfilled. your thoughts?  is the market just too enormous? thanks ms ANSWER: Governments are powerless. Their […]

Whenever I warn of anything using the word “CRASH”, the newspapers immediately report it as a forecast for a crash in the stock market. This demonstrates that there is no consideration that government can also crash and burn — the perfect example of 100% confidence. Yes, if this week simply closes on the Dow below 16280, then […]

The UN has launched its socialist agenda for the total loss of all economic freedom for the entire world by 2030. This is a highly dangerous agenda. The UN is an unelected entity that assumes it has the right to dictate to the world how everything should work. Of course, it is anti-freedom and assumes that cash should […]

In Asia, the Hang Seng could not climb out of the red all day and eventually closed down –— 0.75%. As always, the Shanghai had a volatile session, initially opening higher, but spent the balance of the day making headway to close at the day’s high of 3157 (+1.91%). The Nikkei was closed for Respect for the Aged Day. Nikkei futures […]

Yellen has inherited a complete nightmare. Thursday’s decision to delay the long-awaited liftoff from a zero interest rate illustrates that the world economy is totally screwed. There is a lot of speculation about why the Fed seems so reluctant to “normalize monetary policy”. There are, of course, the typical domestic issues of low inflation and weak wage gains […]

The Japanese government’s economic revival strategy, which has been dubbed “Abenomics”, has proven to be a failure. We warned that the Sovereign Debt Crisis will begin in Europe, then hit Japan, and in the process will push the dollar to record highs which will inject deflation into the U.S. economy. Moreover, only a rising dollar […]

I understand that Larry Summers and the IMF, among others, are advising the Fed not to raise rates. They are expecting the Fed to sacrifice domestic policy objectives for international objectives where so many have borrowed in dollars to save interest. This is the real clash between domestic vs. international and the consequence of the […]

COMMENT: Good Evening Martin, Great blog on the Gold Martin. Don’t bother with the nay -sayers. Most probably he got stock with too much gold and silver. Most people have bias thinking because they hold certain assets. In my country currently, most people are holding minimum 2 to 4 houses. Some are even promoting people to […]

Asia saw some very strong gains on rumors of renewed Chinese intervention with the Nikkei producing its strongest one-day rise since 2008 (1,343 points +7.7%). The Chinese markets reacted to the news rather late yesterday. Europe walked in to the jubilation and saw encouraging market gains in the morning session. By mid-afternoon, the U.S. market […]

The man whose idea gave life to the euro, Professor Otmar Issing, said it would be “dangerous” to transfer control over tax and spending to the EU federal level before a full political union has been established on democratic foundations. This is the problem with his idea. He only saw that the dollar was the strength of the USA […]