Land Auction Great Depression The Gallup Poll is out surveying the investment sentiment of American investors. Gold has held that top slot up until now. Gold has now fallen for the first time to the second position as investors return to the old historical investment sector – real estate. Even in Europe people are starting […]

The Euro peaked in two weeks, fell back, and has rallied into this week. Nonetheless, key resistance still remains unchanged in the 13400 zone and the turning points are the weeks of 05/06 and 05/20. The top of the channel for resistance we warned about was in the 13400 level which has not been reached […]

The May protests in Europe are going by the slogan “fight against the king in Brussels”. Politicians are clueless. All they see is retaining their jobs at the expense of society and everything within it. There is no thinking out of the box. If they do not blink, they are risking the collapse of Europe […]

Many academics are truly amazing. They talk in circles, assume they are far above everyone else, and thus pontificate from the Ivory Tower without ever stepping foot out the door. There is a growing  consensus that deficits no longer matter. WHY? Because they cannot explain how government has run persistent deficits yet nothing has happened. Therefore, […]

Apple sells $17 billion in bonds in record deal on Tuesday to initiate dividends and to buy-back shares because the stock has crashed. Buying stock is an investment. When companies buy back shares to placate investors, historically it is the beginning of the end. Many companies did that during the early days of the Great […]

The rise in taxation is driving costs higher, yet simultaneously lowering economic growth long-term We call this STAGFLATION because you get the worst of both worlds – rising prices with lower economic growth. Germany is headed into recession and their austerity policies have created massive deflation, high unemployment, and increased the pressure to cause the […]

I am not exaggerating what is going on and how uninformed the politicians are because they do not “represent” the people and are certainly not from our ranks. They are a professional class that see themselves on top of the Great Unwashed looking down upon us all. This is the very same attitudes of monarchy […]

To be a European politician, it is starting to look like the requirement was to be mentally challenged, incapable of reason, blind to the truth, oblivious to everything around you that shows you are wrong, and obviously they required special schooling as a child. Austerity to maintain “confidence” in the currency is PRECISELY what the […]

Ever since the ECB issued a report that claims the south was richer than the north to get out of bailing them out, the reaction behind the curtain is very interesting. The talk in the south is now to demand reparations from Germany for World War II. What goes around comes around. There cannot be […]

QUESTION: I read your metals report. This is really a great read. It is deflation that destroys empires by sucking in all assets like a black hole eats star systems. I am correct? ANSWER: Yes! The hyperinflationists only look at Germany and Zimbabwe and assume if you print enough money that is where you go. […]