Will have an update this weekend on gold. This week has been pushing higher within the broad trading range, but the buy signal would require a close above 1671. We may see the highest weekly closing for this range in several weeks. However. this is the turning point and the next three weeks should be […]

The SEC has announced it is closing the probe on Goldman Sachs over the whole subprime debacle. So why should anyone be surprised? This is just business as usual when it comes to New York the same as the silver probe they shut down. They will not even charge MF Global. So get a life! […]

Part of the argument that is made to support a gold standard is that money should be tangible. That will never fly today for nobody knows what constitutes even the money supply. During the 1960s, if you bought a US savings bond, you could not go to the bank and borrow on it, This was […]

I find it amazing that people actually think there is a rule of law or a constitutional right that is still standing. They have ruled there need no search warrants for emails. They can break into your hope if think there is a just reason. You have no right to remain silent if they work […]

The penalties I mentioned in Spain are pending and have not yet been implemented. In France, all bullion dealers must pay by check, no more cash. The bullion business has collapsed in France as people now just go to Belgium. There cash is OK below 25,000 euros, to be lowered to 10,000 and probably within […]

World Economic Conference Agenda The fall we will be providing three World Economic Conferences around the world with much smaller audiences to enable questions, discussions, and interaction. This is being done to make for a much more personalized experience. Instead of 300 attendees as was the case in Philadelphia, this will be small groups to […]

Perhaps the greatest misconception about the Economic Confidence Model is that it is somehow the only model. This is simply not true. This model tracks the global economy and the flow of capital around the world. It is when capital concentrates within a single market, sector, and region, that we get the big Phase Transition […]

The key to comprehending the Global Economy lies in the realization that we are not alone. Everything is connected in an intricate dynamic nonlinear network where the slightest change in one region can set in motion a ripple effect of dramatic proportions around the world. Understanding this dynamic nonlinear global network is the first step […]

The 4 year silver probe into manipulation will be dropped according the FT. Did anyone really expect a different outcome? http://www.ft.com/cms/s/45329d42-dd97-11e1-8be2-00144feab49a,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F45329d42-dd97-11e1-8be2-00144feab49a.html&_i_referer=#axzz22nLYdF6i Both Congress & the Regulators will never EVER investigate the banks. So get real! As long as government need them to sell their debt, they will never expose the fact that there is ever […]

As of May 23rd, 2012, China now has direct access to the U.S. Department of the Treasury to buy U.S. government bonds. China can now bypass Wall Street when buying US government debts, and it is the U.S. Treasury’s first-ever direct relationship with a foreign government according to Treasury’s documents. However, while all the other countries […]