Signing of Dodd-Frank – Now Virtually Repealed/Gutted The NY money center Banks won again in Washington, the second time in a single month. They succeeded in repealing Dodd-Frank and have now succeeded in repealing the Volcker Rule, which it is officially put on “delay” that will be permanent. The Federal Reserve has repealed the […]

President Barack Obama intends to sign a bill that would hammer even new sanctions on Russia and provide weapons to Ukraine. The legislation would impose sanctions on Russian defense companies tied to unrest in Ukraine. White House spokesman Josh Earnest said Obama “does intend to sign” the bill despite some concerns about the legislation. Separately, […]

All socialists just see money and justify their taking of other people;s money as somehow just even though their theory violates the Ten Commandments – thou shalt not covet thy neighbor;s wife or goods. The German Socialists are no different. They cannot understand how an economy even functions. All they do is want to take […]

  The anti-dollar contingent around the world who have preached that since Russia already trades its own currencies independently from the dollar and China has been trying to make the same move, are spinning the blogs claiming this is a “Zionist banker” conspiracy and this proves that all nations are tired of debt making Zionist banking. […]

After months of hard-fought negotiations over agency dollars and policy provisions, the net result is a 1,600 page bill released last night.The deal was announced late yesterday after Democrats accepted Republican demands to undo some regulations including the banking provision that will allow the trading banks to deal in derivatives again in subsidiaries with full […]

  I just did an interview about the movie with Aljazeera for Europe and the Middle East. One question was am I not scared about the “government” after what I went through. There is no single “minded” government. There are individuals among the unelected under-belly of government that abuse their power all the time. One […]

QUESTION: Martin, While I clearly understand your reasoning for deflation in the US allied to a very strong dollar; does the opposite apply to those countries, like the UK and European economies where their currencies are likely going into freefall? Keep up the brilliant work. Is the movie coming to the UK? AB ANSWER: Yes. […]

  The Weekly Bearish Reversal lies at 12298. A closing below that today should signal a new low next week. Keep in mind 12150 is the key Yearly Support. We need a closing below that to signal the Euro will move into meltdown sending capital into the dollar that could make the blast upward in […]

While the world has been watching Draghi and are surprised at the dissent, at the same time the street tends to try to create hard fast rules to follow the Fed rather than the markets and economy. The thinking process seems to try to fashion fixed rules to approach the Taylor Rule. This is kind-of […]

The Euro bounce into mid December has resistance at 123-124 followed by 128-129. The critical number at year end will be 12150. A year-end closing beneath this level will be long-term bearish. However, support will lie at the 118-120 level next year. A closing above 121.50 will suggest that the euro is not ready to […]