The diehard bulls are already proclaiming the low is in place so buy – buy – buy. Gold should press higher into next week, but the Weekly Bullish Reversal stands at 1423 and the year-end resistance will be 1435. The big turning point is still next January. So we are about $100 below major resistance. […]

These politicians are lawyers – not economists. Lawyers are trained NOT so much in how to comply with the law, but how to avoid it. When Bill Clinton was under deposition he asked what was the definition of “is”. People laughed at that. But this is how a legal background works. It is word-smithing. You […]

This is a good read. An observation of inbred social stupidity because of the political ramifications that have interfered with the true lesson of history. What is written here can be said of many cultures as well. http://www.bangkokpost.com/opinion/opinion/364066/the-land-of-smiles-or-is-it-stupidity When I would interview graduates for a job, I would go down the list of economists and […]

One of the more interesting ideas to advance travel would be to erect tubes within which a capsule would travel at about 700 mph. This is like you put documents in a tube at a drive up window at a bank or they use tubes to transport documents in buildings. If you could enter of […]

The cost without room and board for Harvard University is $38,891 for the 2013-2014 school year. For Princeton University, it is $40,170. Some pre-schools in Manhattan are not far behind, where the elite day care now costs families more than $35,000 annually. The average Day Care is $13,000. From a standard of living perspective, families […]

The fire storm over the NY Bankers manipulating markets is spreading. Goldman Sachs has been the brunt of jokes such as that that aired on the The Daily Show.The Federal Reserve is also currently reviewing Morgan Stanley’s behavior in commodities markets. The CFTC has been forced to at least subpoena Goldman Sachs, and the allegations […]

CAROLINGIANS. Uncertain king. Late 8th-9th century. AV Solidus Mancusus (19mm, 4.02 g, 8h). Imitating Abbasid issue of caliph al-Mansur. Uncertain (northern Italian?) mint. Dated AH 158 (AD 774/5). Kalima in three lines; Second Symbol in outer margin / Continuation of Kalima in three lines; mint formula and AH date in outer margin. Ilisch Group IV; MEC […]

Wheat is still position to move into a low for September where we have a Monthly Directional Change. We do have a important Monthly Bearish Reversal at 604250. That is the major closing support to watch. Only a monthly closing beneath that would point to a drop down to the 580250 level.

We still see the A$ declining with the commodity cycle. The rise is likely after 2015.75. For now the major resistance stands at the Monthly Bullish Reversals at 12366 and 13804. The interesting aspect is that the dollar peaked on August 5th at 11299. The Daily Bearish to watch lies at 10713. A minor Daily […]

QUESTION: I listened to a radio interview where you said the Dow could double by 2016. Is that for real? ANSWER: Yes! There is never a single reason for anything despite the TV reduces everything to this happened because of this. There is the major trend of Public confidence that shifts to Private. We can […]