Just as they say there is the calm before the storm, there is always the false move before the breakout. As we approach the midpoint on the Economic Confidence Model August 7th, which is curiously 31.4 days from the low, we should keep in mind that this is the midpoint and not the climax peak. […]

QUESTION: “…the best way to get interest rates up is to have low interest rates” —Fed Chairman Bernanke responding to a Congressional testimony question (not today) And today: FED SAYS IT IS PREPARED TO INCREASE OR REDUCE THE PACE OF PURCHASES. So what about this double talk? What are they trying to do? Where do […]

The mantra of Goldbugs has been that paper money is worthless and only gold is money. That is pretty much like saying the earth is still flat. Money has historically been many things and gold is only one of them. The issue is always the fact that money (regardless of what it is) rises and […]

The USA is on a quest to attract any foreign banks that deal with Americans. A Liechtenstein bank will now pay $23.8 million to end a probe into what the USA claims is their undeclared accounts that helped hundreds of U.S. taxpayers dodge taxes in the United States over a 10-year period. They are making […]

When I first came out and wrote about the “Club” and how there was an organized group of banks and some hedge funds that targeted individual markets to manipulate, they tried to pretend it was sour grapes. I had even hired Robert Howe who may have been the first African-American analyst in American History. Bob […]

Goldman Sachs & the Aluminum Scandal The tide has turned against the bankers and there will not be a rock big enough to hide under. The market is starting to wise up to the commodity game of controlling the warehouses and trading on the same commodities after 31.4 years. I have reported previously that the […]

The studies have been illustrating that what we face is the collapse of society thanks to the Marxist Agenda that has sent jobs fleeing and it now takes two incomes to support a family rather than one. The great divide between race has diminished and as the once minorities are poised to assume the role […]

Iran, North Korea, Argentina, Venezuela, Egypt and Syria have all one thing in common – the collapse in the confidence of their currencies. This is where we will see hyperinflation and this is what it is all about. HYPERINFLATION is by no means related to the quantity of money, it is directly related to the […]

Spain’s Secretary of State for Energy, Alberto Nadal, has signed a draft royal decree taxing energy derived from photoelectric cells. If they can’t derive taxes from utilities, what the hell – tax the sun. Next comes a tax on clean air to breath to live. They already tax food.

QUESTION: If Europe is imploding, general global economy slowing and there is a liquidity crunch, Why in heaven is the Fed going to start taper in september? Because of political pressure are they going to taper/rise rates and leave the Banks on their own with prop.trading? Has the Fed decided to really clean the system? Thank you […]