One of the most frustrating things is when you really do have to deal with governments and you realize that all those people who spin wonderful conspiracy theories crediting them with such vast knowledge have absolutely no idea how bad things really are. The people in government are largely lawyers. They know the fine detail […]

Reports both from Europe and United States indicate that capital is starting to flee from Southern Europe which prompted the statements by politicians that Cyprus will not become the standard model, which of course it is. The European banks are closed today. Resistance for any knee-jerk reaction will begin at the Monthly Bearish Reversal that […]

The Seven Deadly Sins of Mahatma Gandhi we have accomplished Wealth without work Pleasure without conscience Science without humanity Knowledge without character Politics without principle Commerce without morality Worship without sacrifice. to this I add Debt without Intent of Paying Arrogance of Officialdom Thirst for Power without integrity

The main reasons for gold’s decline are laid out in the mining industry news. They see a bear market begin at $1520. This is the other side of the hype. http://www.mining.com/its-official-the-gold-market-is-in-recession-heres-why-60695/?utm_source=digest-en-mining-130331&utm_medium=email&utm_campaign=digest

On Friday, U.S. District Judge Naomi Reice Buchwald in Manhattan ruled for the banks, gutting lawsuits about LIBOR manipulation. Judge Buchwald’s nickname is “Buckwild” and she is very much part of the New York crowd. So what part about the court in New York being the most corrupt do people fail to understand? It is […]

The opposition parties in Germany are warning each other not to join Merkel. The general hope is if nobody joins in a coalition with here, she will be unable to form a government. There is a rising sentiment in Germany that if Southern Europe can’t pay their bills – no bailouts. This was the reason for taking […]

When the Euro was forming, some used the Ecu as the guide, we created the Euro back in time to provide a clearer picture. When we did, the high was different and that projected a low for 2000/2001 instead of 2002, with a rally thereafter into 2007. With the advantage of time, we can see […]

Argentina defaulted again in 2010. They are in dispute in the New York Court of Appeal, the most corrupt Federal Court in the nation, with what they call “vulture funds”. At a press conference defending their fight in a US court against creditors demanding to be paid $1.3 billion immediately, they are at least acknowledging […]

The fact that the German Finance Minister Wolfgang Schaeuble has come out stating that savings accounts within the Eurozone are “safe” claiming  that Cyprus was a “special case” and not a template for future rescues, proves that in fact the Eurozone deposits are ABSOLUTELY NOT SAFE! You never state a negative unless there is reason to do […]

I have always been a logical thinker. The teacher got very angry when I was in 4th grade and connected the dots concluding what she said was pure nonsense. Since she could not explain herself,  the school called my father. He had to come down and plead with them not to expel me. So I […]