The Fibonacci Resistance from the 1970 low stands at 17633 for the close of 2012. The tip of the channel constructed from the 1970-1999 lows with a parallel off the 1980 high rests at 11100 for 2013. That is the worst case scenario for support. System closing support for 2012 lies at 1570. A […]

When we look at REAL GDP growth on a city by city basis, the top five are all in China – Hefei, Baotou, Changchun, Anshan, and Dalian. It may surprise you, but the top two cities in the bottom five around the world at Miami and Las Vegas followed by Athens, Abu Dhabi, and Dubai. It […]

According to the  National Bureau of Economic Research in Massachusetts who conducted a Web-based survey of over 17 000 published scientists in 16 countries, the result showed that where are the smartest people moving to? They call this the Brain Trade. 1) Switzerland 2) Canada 3) Australia

President Barack Obama is due back in Washington early Thursday for a so called final effort to negotiate a deal with Congress to postpone the “fiscal cliff” of tax increases and government spending cuts set to begin next week. No specific bill dealing with this fiscal cliff was on the schedule in either the U.S. […]

We look like we are still here – or at least I am and back in the USA. In the Maya report I provided the the real story. To the Maya, this was a BEGINNING, not an end. There is a high correlation to political changes with the Maya Baktuns – 394.26 years. This may […]

There has been a long-term trend in major inflations and deflations. The numbers are 23 and 26 years. There is sufficient data that has survived even from the Temple of Apollo on the Island of Delos which was essentially the ancient world’s central bank. Just as we know there was a major default of some […]

Modern equivalents are approximate. Abbreviations used for certain measures are given below in parentheses. Measures of Capacity 1 keramion = 8 khoes = 25 l 1 khous (kh) = 3.12 l 1 kophinos = 36 kotylai = 3 kh = 9.4 l 1 medimnos (Attic) (med) = 48 khoinikes = 52.176 l 1 metretes = 12 kh = 37.4 l Measures of Surface Area 1 plethron = 10,000 ft2 = .09 hectares (ha) 1 iugerum = .25 ha Measures of Weight […]

One question I get a lot is how long has Sovereign Debt Defaults been going on. Just for the record, kings use to borrow from the temples. In Greece, the first recorded default in history took place during in the fourth century B.C., when 13 Greek city states borrowed funds from the Temple of Delos, […]

So many people only look at the US debt and yell and scream while jumping up and down in their yellow rain coats preaching the end is near. True, the US has the largest public debt, but it is far from the worst for it has the largest economy. That distinction being the worst debtor […]