The pension crisis is brewing and the one state that appears to be heading toward a complete bankruptcy is Illinois. Clients should not own ANY debt from Illinois, be it city, municipal, or state. Just get out before the curtain falls. The Illinois Constitution plainly states that pension benefits, once granted, “shall not be diminished or […]

The Canadian elections are on par with the world trend – whoever is in office, throw the bums out. The election took place on Monday, October 19, the anniversary of the 1987 stock market crash. The Liberals in Canada toppled the Conservatives as many Canadians saw their Head of State, Mr. Harper, as a dictatorial heavy-handed […]

Dennis Lockhart, President of Federal Reserve Bank of Atlanta, stuck to his guns late Monday by stating that he still expects the Fed to raise short-term interest rates in the next few months. I have been warning that without higher rates, the Fed is facing a pension crisis because rates have been kept way too low […]

CalPERS (California Public Employees’ Retirement System) posted a profit of just 2.4% for its fiscal year (which ended on June 30) that was well below its 7.5% investment target. This is illustrating the crisis emerging in pensions. Even the pensions that were funded are now underfunded because they counted for so long on 8% bond yields. […]

We are holding this year’s 2015 World Economic Conference in Berlin, Germany, and it may be the most important conference since 1987. While so many people are now starting to mimic our forecasts for Big Bang, all now touting the autumn of 2015, this is going to be far more complicated than what the typical analyst comprehends, […]

October Release of the World Share Market Reports We are now preparing the World Share Market Reports and will not be taking orders until they are published in October. They will be available by either download or hard copy. The set of three will be priced at $1500 (U.S. dollars). The WEC Princeton attendees will […]

Why is the USA better off in some respects to Europe and Asia? They are calling it the “Graying of Society”. The problem is rather stark: the socialistic system never counted on the collapse in birth rates and a greater life expectancy increase. This is wreaking havoc on the fiscal budgets of governments everywhere, yet […]

QUESTION:    Hi Martin, I was “of one mind” when it came to gold and silver and the shisters that clam “manipulation to the downside,” “gold is going to 5K,” and “gold has bottomed” and on an on. Your site is the only source of information that I trust anymore and thanks to you I […]

The entire problem we have with this proposal of negative interest rates first put forth by Larry Summers, is that this is another means for bankers to make a fortune through theoretical stimulus that will never reach the public. This crazy idea will have a DEFLATIONARY drag on the entire economy and threaten to tear […]

A few people have asked what is my source for Prima Noctum since Wikipedia claims it is a myth. Sorry, but Wikipedia is seriously wrong in this department for the problem in their research is the classic error in politics – research not the act but the right. They have concluded it must be a […]