We did not get the 115 Yearly Bullish Reversal in Brent Crude at the end of 2012. Nonetheless, we still see crude basis NYC reaching the $175 level. It is only a question of time for the years ahead. Keep in mind that we have rising geopolitical models also turning up in the Middle East […]

We are working on a Special Energy report for the full spectrum of the Industry. In the mean time, crude has been pressing higher. We have a Minor Monthly Bullish Reversal in Combined IPE/ICE Brent Crude at 11912. The Major Monthly Bullish stands up at the 14530 level. The Weekly Bullish stands at the 12435 […]

Anyone who thinks there will ever be change at the SEC, you better read this. http://www.rollingstone.com/politics/blogs/taibblog/new-sec-chief-mary-jo-white-thinks-the-government-should-bring-cases-to-a-point-20130130?utm_source=dailynewsletter&utm_medium=email&utm_campaign=newsletter#add-a-comment  

The tensions are rising around the globe and they are centered on government corruption and complete failure. This is the price of Marxism. Governments have been promising so much to so many for so long, that as this generation of once hippies comes to retirement, they are getting the short end of the stick. One […]

One reader commented “A country with 6% of the Worlds population but Houses 25% of the Total Prison Population.” Yes, only 4% of the people in prison are violent. There are people there for shooting a moose on the Federal property without a permit. The number of doctors and lawyers in prison is shocking.  Jail […]

“Is it true that more children die from crossfires than of drug overdoses?” Yes. Because the black market is global, you cannot eliminate it by local laws even if you had all the police you ever dreamed about. Besides, it has been the drug trade that is destabilizing the Latin American political systems and then […]

A reader sent this photo and comment: “To help back up your point on gun controls and access to black market arms.  The image attached is a scene from ‘Breaking Bad’ when Walt, a Methamphetamine cook, buys a Thirty-Eight Snub Nose gun, with the serial number filed off, from an underground dealer.” Obama’s laws will […]

The Obama Administration has put the word out to the press they need help. NBC on its Nightly News was now reporting the number of people killed in the United States by guns on a daily basis. This is all about trying to manipulate the public into assuming that if they vote to disarm everyone, […]

In gold, a closing below 16960 will shift this market into a neutral position. Next month, 16700-16900 will become initial resistance.The major support lies at the 15400-15700 area. In silver the major support is in the 26-2700 level. A closing today below 3070 will keep silver in a neutral to bearish mode. Major resistance stands […]

Refunding Certificate 1879 – Was a circulating bond. Due to an act of Congress in 1879 the Refunding Certificate was issued. The goal was to make government securities accessible to the public. The denomination was smallish at $10.00, putting the certificate within reach of most anyone. Refunding Certificates were to accrue interest at 4% per year indefinitely. In 1907 Congress passed a bill […]