The Long-Term Capital Management (LTCM) collapse in 1998 has been often referred to as When Genius Failed. The collapse of LTCM was instigated by the collapse of Russia. Everyone and their 5th ex-wife was long Russian bonds as bribes were paid to people in the IMF to ensure the loans would keep flowing to Russia […]

The Eu is like a guy in drag. All dressed up as a woman, but when you look under the dress you get more than a surprise in a Crackerjack Box. On the one hand they created a single currency, laws that allowed freedom of movement, and the right to receive social benefits from all […]

All we have heard is about the hyperinflation all based on the idea that the Fed has increased the money supply. I have warned that the dollar has become the new world currency. The German elections in September are not looking good. Let’s just step back a second and look at the issue without bias. […]

QUESTION:  Hi Martin, Re: Is Japan Real Estate a Taboo subject? Thanks for all your writings – FANTASTIC. Spot on with the DOW & gold. What inspiration and enlightenment. As they say down under – you are a living legend mate! Out of pure interest only, I was wondering if you could do a blog […]

The Brains trust became a term applied to the so-called group of advisers to Franklin Roosevelt during his presidential administration. Roosevelt’s speechwriter and legal counsel Samuel Irving Rosenman (1896–1973) suggested having an academic team to advise Roosevelt in March 1932. This was really for show, for being such a member is rarely ever taken seriously by the politicians […]

QUESTION: I watched the Yearly Bullish Reversal in the pound for years at 201.00 you gave back in 1985. It reached that level in 2007 but never closed above it. Does that remain the number all these years? ANSWER: Yes. Once generated, it never changes. True, 2007 reached 210 level intraday but could not close […]

QUESTION: I remember your forecast that the pound would fall to par back in 1983. I thought you were mad, whilst something inside me captured my attention. When our beloved pound fell to par, I attended every one of your London seminars after 1985. You have my attention. When you say the dollar can go […]

Three regional Federal Reserve officials have called on the central bank to stop buying mortgage-backed bonds, citing the recent improvement in the U.S. housing market. Indeed, the US economy has improved and the rise in the stock market has the talking head talking to themselves in disbelief. The 800 pound monkey remains the German elections […]

QUESTION: What is a cycle inversion? This reaction period of 2 to 3 years how do you know it will extend or not? ANSWER: Cycles are turning points in time. You cannot always ascertain what the event will be a high or a low near-term. However, it is a turning point producing an event. Normally, […]

The trend in the hate mail is getting interesting. Now just the typical mantra concerns how money has to be tangible like some savings account yet investments will rise freely in terms of this money and of course wages will also rise while money is fixed and always valued the same. Not sure exactly how […]