QUESTION: Marty, it appears you are correct once again in gold that this rally would not reverse the trend. The gold promoters have been all over the place claiming gold has bottomed and the stock market and the world will go to zero because of fiat. Is there a number we should be watching below […]

“Wild” is an understatement to describe today’s equity market moves. Some say the Chinese are at fault for their unexpected move in currency, but whatever the reason for the increased volatility, you can be sure they will increase margin requirements, which will add to the volatility and further the decline in liquidity. All Asian equity […]

This three-month rout in equities is scaring the hell out of everyone. It has changed the view that the Fed will not raise rates, which has sent the dollar lower in what appears to be the bubble in government, particularly in Europe. The bells are ringing this Monday across world markets with a 9% nosedive […]

The share markets collapsed and so far the May high looks to have been correct. The decline into this period is having the precise correlated response necessary to create the peak in government for this turn in the ECM – the final rush to quality. The S&P 500 cash previously elected just one Weekly Bearish […]

Another very poor performance from Asian equity markets rolled over into Europe and the U.S. All Asian markets lost between 1% – 3.5%. In Europe, FTSE was the best of a poor bunch, only losing 0.6%, whilst the DAX and CAC were both down over 2%. The U.S. fared no better with the DOW and […]

The general perception that Middle Eastern countries are flush with cash and deliberately try to keep oil down to harm Iran when it begins to sell is rather childish. Budgets rose and became bloated. Gasoline prices even rose in the United Arab Emirates (UAE). Dubai stocks fell to the lowest in more than two months, […]

QUESTION: It seems as though the rally in gold is short covering? If it is, and all bottoms start that way, why is this not the bottom? Always read your work with great interest. Yours truly, JB ANSWER: Major lows are always short-cover rallies, but they are much more dramatic. Here we had gold struggling to […]

China’s devaluation of the yuan has helped to complete the cycle for the bubble in government. One of the major repercussions of the turmoil caused by China’s currency move has been that investors are running for the flight to quality as we have warned. German 2yr bonds have hit new record lows with negative yields edging […]

The Chinese revaluation of yuan has unsettled Asian equity markets and the obvious spread across the globe. The Nikkei and Hang Seng were off 1.6 and 2.4% respectively, which rolled over into Europe. The recent performance in both the DAX and CAC finished today and became the worst performers — down around 3.6% each.  The U.S. market was also feeling the pressure with the […]

The old idea that inflation is created by an increase in money supply has distorted the minds of many people. Inflation is caused by numerous factors for it is not a one-dimensional aspect. For example, the current bird flu has rendered half of the egg production to be worthless, which has sent egg prices soaring. This has nothing […]