Pay attention to overseas. It is like fashion. Human nature is global. What you see there, eventually makes its way everywhere. Revolution in Greece is brewing. There has been a collapse in the rule of law on a broad basis. So while Brussels likes to play with the numbers to pretend that Southern Europe is […]

Argentina seized all pensions. The people are getting to the point that all this socialism is really fascism. Those who keep pointing to hyperinflation better start looking in the opposite direction. Economics is like weather – you can die from too much heat or too much cold – both extremes will kill you. Hyperinflation is […]

We elected Weekly Bearish Reversals in both metals with gold closing at 1397.2 and 2304.1. Gold closed also just below the Weekly Break line 1398.6. This is warning that the FAILURE to exceed Friday’s 4/19 high intraday, and a penetration of 1310, we are looking at a drop to 1158. Breach that, and we very […]

Who knows? What I do know is I do not believe whatever the government says because it is never free of self interest. The CIA had proposed creating terror attacks domestically and blaming it on Cuba to support and invasion. Even the claims used to start the Vietnam War have been shown to be a […]

The German Finance Minister Wolfgang Schaeuble wants to globalize tax collection with greater international cooperation to hunt down everyone and everything. He says government (ECB) has done everything right! This is the deflationary side. Yes, on the one hand they monetize and the other they reduce disposable income furthering recession. This is ALWAYS how empires die. […]

I understand that some people have a hard time grasping how is it possible to deflate when on the one hand they appear to create money wholesale? We are in a period of STAGFLATION. This means that the REAL cost of living (including government taxation) is rising. This is squeezing out net disposable income. So we get […]

Both gold and silver are flirting with key numbers for today’s close. In gold it is 1405 and in silver it is 23.21. Closings BELOW these numbers today leave these markets still vulnerable to a further drop for the next 2 weeks. Keep in mind that the intraday low was Tuesday in gold at 1321.5. […]

The interesting thing about studies, has been rarely are they unbiased. Errors are also highly common, which is one reason why we go for the raw data and standardize everything in house. Quite frankly, you just cannot rely on government, think tanks that have slants, or academics who rely upon grants. Back in the 1980s, […]

We are preparing a very important report on the Global Pension Crisis and the Interest Rate Nightmare that we face. Government will not reform. There will be no HYPERINFLATION because they have no intent upon just printing to meet obligations. That historically has taken place only in governments that are in the process of revolution, […]

There are gold promoters who made outrageously false advertisements on TV that are just astonishing. They primary theme is somehow gold rises because of monetization and the Fed. They tout the US national debt is $17 trillion and paper money will fall to dust. When you do simple correlations, you see that the claims are […]