Despite the greatest political crisis in Europe, there has been “no love for gold” according to CNBC. Indeed, this crisis does in fact warn that all the theories about gold just might be wrong and are remnants of a 60+ generation who remembers Bretton Woods. Has time and circumstance changed so much that gold is becoming obsolete? […]

A slew of emails have been coming in asking if we would help Greece if they leave the euro. ABSOLUTELY YES! This week we have people in Athens meeting as I write, offering at this stage an informal proposal should the people vote to leave the euro. This would be the GREATEST of all events that would not merely […]

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. However, keep in mind that the major Bearish Reversal lies down at the 10335 level. Therefore, only a monthly closing BELOW 10335 will CONFIRM the 11500 […]

There is probably no other decision that could stir the fires in the Republican Party to further the SPLIT than this decision, despite the fact that it is legally correct. You cannot deny gays equal rights without surrendering your own, for that is how the law really works. If you say a black cannot vote, then that […]

HELP: Questions must be in proper English form. For example, “WHERE IS”, “WHAT ARE”, “PLEASE LIST”, “DO YOU SEE ANY PATTERNS”, etc. You must also specify the level as daily, weekly, out to yearly. In addition, please specify the market, such as Gold or the Australian 10-year bonds. You may inquire as to DOWNTREND, UPTREND, full […]

COMMENT: Between the early 1960s to 1982 the Dow was basing with an overhead resistance of approx. 1000. The prime interest rates during those 20 years varied from 5% to a high of 21.50% in 1980. In 1982, the Dow broke out. In eight years, the Dow increased ten fold while interest rates were declining. Then, […]

Today we are seeing some large price/percentage moves in many markets, which is something we should all start to accept as the new norm for the second half of this year moving forward. Rumours started Sunday of Tspiras’s new proposal and the markets took it all at face value! DAX at best was up 3.5%; ASX closed […]

QUESTION: Can you please explain how your Solution is different than what Central Banks around the world are currently doing  and appear to be poised to expand on?  And how it changes anything? As I understand it your plan is to exchange all national/soverign government debt for private equity credits, which smells alot like a […]

The summit held Monday of the new superheroes, known as the Euro-Rescuers, are lost in the canyons of their own minds for they do not comprehend how the economy functions in the least. They just cannot see the problem for they lack a mirror and will never question themselves as a problem. Consequently, the same line of thinking […]

QUESTION: I can follow the reasoning for some of the capital flows into the U.S. now and a bit longer. But eventually much of this capital is going to leave the U.S. correct? Besides some off the grid investing, is China and Asia looking like the most promising economies to attract the future change in […]