Yes this week was the target for a Panic Cycle in gold. The primary resistance stands at 1301.30. Therefore, we have plenty of room to retest resistance at this time. There is also resistance at the 1294-1296 area. We need a closing above 1243 just to suggest we should press a bit higher near-term,

In Iceland, they actually imprisoned the top four bankers that some call the “financial terrorists” that ruined the country. This is establishing a trend that we will indeed see materialize even in the USA after the 2016 Presidential Elections. Riots against bankers have been frequent throughout history. I have stated before that the term Black […]

QUESTION: Are not the bankers now preaching gold down? ANSWER: Yes. This is what is necessary. At the lows, the MAJORITY will give up and then point to much lower lows. I wrote previously: “At the low, everyone is bearish and shorts abound. That in turn is the fuel for the reversal to the upside. […]

Nothing has changed with the Euro v the dollar. We are waiting for the turn in 2014 and that remains in place. In order to set the stage for the worst of the worst, we need to move to extremes in both directions. Economically, Europe is a disaster. You typically have the currency rise in […]

QUESTION: Dear Sir, are the following figures still valid. Will Gold fall to USD 950 per Ounce or is it more likely to build the low in the optimum range? Thank you for the great audio-interview and your support of the little guy! T ANSWER: Yes. The timing is 2014 as the optimal target. However, we […]

QUESTION: Is this story that the dollar is dead because products will begin trading in Chinese Yuan in Singapore and Hong Kong have any validity or is this more propaganda to covertly sell gold? Thanks RG ANSWER: It is exaggerated propaganda. We monitor capital flows and the flows through Swift transfers. I reported that the […]

I have gotten a lot of emails asking who is who in trying to deliberately mislead investors. Let me state this up front. There are plenty of “shills” out there who are paid to put out bullshit to whip the public into a buying frenzy so the pros can sell the highs. EVERY manipulation I […]

Thank God this is Global Warming. Can you imagine how much snow would have fallen in Israel for the first time in 112 years had there NOT been Global Warming? I prefer warm weather. It is bloody cold!!!!!! This theory of Global Warming is up there with Marxism. (see LA Times).

I am not the only one who has said the Pope is preaching Marxism. He does not know anything about the economy and what he has said is highly dangerous and likely to justify violence and more civil unrest in Italy particularly. He has responded to critics who have also called him a Marxist: “Marxist […]

  Our services providing computer generated analysis is the most extensive in the world. We cover every market from Asia, Middle East, Russia, Europe, North and South America to the Pacific From Japan down to Australia and New Zealand. The Primary Advantage we offer is a consistent analysis not subject to human emotional opinions in […]