Some people are just so hung up on this idea of selling paper gold they only try to explain the decline as false caused solely by paper shorts. Sorry – it does not matter! That is the nature of all futures markets. It is merely another twisting of facts to try to explain why a […]

I can think of nothing more than the single greatest nonsense that has frustrated me for decades – the MYTH of the ONE-SIDED TRADE. As I have stated at seminars around the world, there is this prevailing myth of some HUGE short position that forces the market down. In gold, there is the mythical short […]

The support on the June Gold is 1403 both intraday and on the close. A break of that area will begin to warn of further weakness. Keep in mind, that even going sideways into next week is a weak bullish trend that would forewarn of a serious change to the downside thereafter.The shocking aspect of […]

The Weekly Breakline for this week is 1398.6 and this will provide CLOSING resistance at this point. The Major overhead resistance stands at the 3 Monthly Bearish Reversals 1520 area and support at 1310. So we are not going anywhere just yet other than the traditional bounce after a 17.2 day decline. The monthly resistance starts […]

President Obama’s budget for fiscal 2014 actually proposes to cap the amount Americans can save in these tax-sheltered investment vehicles. The White House has its spin to explain that some :”rich” people have accumulated “substantially more than is needed to fund reasonable levels of retirement saving.” The solution, tax it of course. Obama is proposing […]

Gold fell after NY close to 1321.5 in Asia holding the target at 1310. The Weekly Breakline for this week is 1398.6 and this will provide CLOSING resistance at this point. The Major overhead resistance stands at the 3 Monthly Bearish Reversals so we are not going anywhere just yet other than the traditional bounce after […]

Our World Economic Conferences are famous for being a comprehensive learning experience where people gain tremendous insight into the function of the global economy that is still never taught in university. They are two-way streets enabling participation rather than pure lecture. They always include a cocktail party to facilitate networking to meet people from around […]

All the governments are now banning together to attack anyone with an offshore account. All they see is taxes, taxes, and more taxes. They are blind to the massive disinvestment that they are creating. Even Canada is getting into the game. They cannot see that capital will be more inclined to hoard and as that […]

Former British Prime Minister Margaret Thatcher, who was the first woman to become British prime minister of Britain, has died at the age of 87. From 1979 to 1990, she was leader of the Conservative Party and was called the “Iron Lady” for her personal and political toughness by the Russians. I doubt that many […]

Question: So is it money v population that determines the overall trend? Answer: Yes The one consistent trend within the correlations that is part of the decline and fall of all empires, nations, and city states, is that as that society becomes more affluent, the birth rate ALWAYS declines. This is why Social Security and […]