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June 13, 2013
Germany is obsessed with hyperinflation just as the US is obsessed with reliving the Great Depression. Neither one even understands their own history. This interesting aspect is that despite all the press at the time, FDR did not follow the austerity advice of his Brains Trust who were lawyers. It was George Warren who saved […]
June 12, 2013
The crazy situation for Greece and Cyprus is their essential reliance upon tourism. To try to keep the German tourists, Greece is allowing German Police to protect German tourists in Greek Airports. This is a direct attempt to try to save the tourism revenue. http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http://deutsche-wirtschafts-nachrichten.de/2013/04/03/schutz-fuer-touristen-deutsche-polizisten-auf-griechischen-flughaefen-im-einsatz/
June 12, 2013
History stands as witness that those who live in cities are at the greatest risk as we move forward. This is why we see population increases in cities as the economy expands and then it contracts as the economy declines. City living becomes the most dangerous because everything has to be imported from water to […]
June 12, 2013
Today fulfilled a possible high being up 17.2 days. The Euro on cash reached about 13358. The major resistance stands at 13485, The Euro volatility should now start to rise again. We need to see today’s high exceeded both intraday and on a closing basis to suggest further upside gains. Critical weekly closing support lies […]
June 12, 2013
We have implemented fairly sophisticated security on the Swiss site. Plus, even hacking into the site will not reach any computer with models or source code. We ain’t that stupid.
June 12, 2013
Switzerland is restricting the construction of second homes that have been the source of rentals for vacations. This will actually firm up prices by restricting new construction. Swiss real estate still appears to be one of the brighter spots in Europe. http://www.swissinfo.ch/eng/swiss_news/Second_homes_vote_creates_winners_and_losers.html?cid=35048494
June 12, 2013
Palladium has been the one precious metal that everyone overlooks. There is a serious shortage and the production is about 2.2 million ounces compared to 1.8 million for platinum. This is one commodity that has a completely different chart pattern and may be the best of the lot in the years ahead.
June 12, 2013
Subject: ATTACK HAPPENING TO Armstrong Economics Date: Wed, 12 Jun 2013 14:50:16 +0000 We have people now tracing the source & will advise.
June 12, 2013
Edward Snowden has made a public statement to the China Post. “I am not here to hide from justice; I am here to reveal criminality,” “My intention is to ask the courts and people of Hong Kong to decide my fate. I have been given no reason to doubt your system.” http://www.bbc.co.uk/news/world-asia-china-22878591 It is a […]
June 12, 2013
The phrase “Evil Empire” was applied to the Soviet Union by U.S. President Ronald Reagan, who characterized the Soviet Union’s strategic and global military capabilities of world dominance. The characterization was viewed as demeaning by the Soviet leaders. However, everything that Reagan used to justify that label the NSA, Feinstein and Boehner have adopted and […]