They are actually trying to passed what is being called the ‘Blasphemy Bill’ http://www.themoscowtimes.com/news/article/blasphemy-bill-signals-return-to-18th-century-morals-activists-say/480086.html

Politicians just do not understand that you cannot just write laws and expect everyone to follow. They are just so ignorant of the consequences of their actions. I reported how a major number of people were migrating to Germany for the social benefits. As they screw the rest of Europe, they forgot – they established […]

Because governments are trying to hunt down the “rich” in their desperate move for money, they are really destroying the world economy. A European cannot open an account at Merrill Lynch with a broker he personally knows in the USA. Any foreign customer must trade exclusively through their “international” desk. Why? So they can report on whatever […]

There really is no other word for politicians but brain-dead. They cannot understand that what they are doing is the destruction of the economy. They created the bank instability by failing to create a national debt for reserves. Then the banks have to keep sovereign debt as reserves of all members and then they default. […]

I retired from the gold business because I was one of the biggest market makers – one of the top 3 for the 1980 event. The IRS walked in and said that their interpretation was that I was a bank and had to report every person who bought or sold $10,000 or more and that […]

The Dow keeps pressing higher as the talking heads keep questioning why. Gold presses lower and Gold is below the 1400 level. A closing below 1402.50 on June today for gold will keep it vulnerable to the downside. If we get to retest the 1321 area, that will be extremely bearish and warn that new […]

It is now being openly talked about that Bush had the IRS target the NAACP and  Greenpeace. This is somehow suppose to be justification for Obama. The problem is they ALL do it, and the IRS has been the biggest weapon in history to suppress the freedom of the press. This just illustrates that the […]

The economic prospects for Europe are impossible to return to any real recovery. We are looking at a long-depression for Europe that will not bottom for 23-26 years from the 2007 peak making this turn only with the end of the current Private Wave in 2032.95. German politicians cannot grasp that imposing austerity that has […]

Understanding that there is no grand conspiracy to systemically suppress gold is actually vital as is to understand the true nature of money. If you do not grasp these points, you cannot move forward. Sun Tzu and his Art of War applies to all confrontations. “If you know the enemy and know yourself, you need […]

Investment inside Europe has been shifting in very interesting ways. The pension funds have shifted their sovereign debt holdings to predominantly Germany, which now makes up about 71% of government debt holdings. We are also seeing a shift to private assets and as we illustrated at the Berlin conference, private assets in Greece looked like […]