We elected the third minor Daily Bearish Reversal today confirming that the target week of 05/20 should be a temporary high short-term. Gold did not elect any minor Daily Bullish Reversals against still warning that the rally thus far is a dead cat-bounce. We need a daily closing ABOVE 1448.50 on spot to firm up […]

Even the IMF has now revised its forecast for German economic growth down sharply. We have been warning that 2013 Europe will turn NEGATIVE on the GDP growth as a whole. The IMF now sees major risks that the German economy is not recovering and that Germany should abandon austerity. http://deutsche-wirtschafts-nachrichten.de/2013/06/04/iwf-fordert-von-deutschland-aufgabe-des-sparkurses/ Meanwhile, now the UN […]

Germany has now issued a travel warning to its citizens regarding any travel to Turkey. Turkey is a NATO country. Things are starting to get much worse as people are honestly getting fed up with taxes and corruption. This is a global trend – do pay attention. http://deutsche-wirtschafts-nachrichten.de/2013/06/05/kampf-der-kulturen-die-schlacht-um-die-zukunft-der-tuerkei/ http://deutsche-wirtschafts-nachrichten.de/2013/06/04/gewalt-in-istanbul-und-ankara-deutschland-spricht-reisewarnung-fuer-tuerkei-aus/ http://deutsche-wirtschafts-nachrichten.de/2013/06/04/tuerkische-regierung-will-mit-demonstranten-sprechen/  

The Russian government plans to follow the USA collecting extensive data on all foreign airline passengers in the future. The scheme applies to all airlines which fly to Russia or even fly over that land mass.  http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http://deutsche-wirtschafts-nachrichten.de/2013/06/04/russland-verlangt-fluggast-daten-von-internationalen-fluglinien/

The Supreme Court ruled they can now take your DNA for any reason whatsoever. They can arrest you for a traffic fine and now take your DNA, which is a map to your ENTIRE family! http://www.globaltimes.cn/content/786553.shtml#.Ua6zSECTiSp The problem with DNA is take it from one person in your family and they can now track your […]

Greece was directed by the EU troika to reduced 4,000 civil servants by the end of 2012, but only reduced the workforce by 99. By the end of 2013 they were supposed to reduce another 15,000. We are looking a significant civil unrest and perhaps a revolution that results in just a default. That would […]

In the EU, some 30 million people work in the shadow economy. The Scandinavian countries are surprisingly higher than the OECD average. The reason is that high taxes are difficult for many business problems. Small and medium businesses can business to be profitable only in a black market. http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http://deutsche-wirtschafts-nachrichten.de/2013/06/04/hohe-steuern-zerstoeren-moral-der-skandinavier/    

Part of the reason when commodities must fall is largely due to the fact that a 13 year rally inspired the expansion of production. We saw the same thing develop into 1980 and the collapse thereafter shut down new mines. As prices fall, profits decline forcing the closure of marginal operations that became possible only […]

So many of the ancient statutes are headless because religious people assumed they were false gods and destroyed them. The destruction of libraries have been far too common throughout history. Even the Nazis in Germany had the great book burning. This is why history repeats – human nature never changes. This was illustrated again as […]

    I have worked with politicians in Washington for 30 years. It has never been as bad as it is today. There is nobody worthwhile to even speak to anymore. I really see no difference between Republican and Democrat. People who think impeaching Obama would actually accomplish anything do not realize that there are […]