QUESTION: Martin – how should consecutive “Directional Change” indicators be interpreted? Regards, DR ANSWER: Normally this type of pattern produces just a sideways churning back and forth. This is why in the Euro there has been nothing to write about. It is just a deflationary contraction. The dollar rose sharply between 1980 and 1985 also 1929-1932. […]

  The Euro has simply remained within the reversals holding the 12950 level on the downside and 14700 on the upside. A closing for year-end above 13588 will signal that we still should see the deflationary rally continue into early 2014.  The ideal turning point remains 2014 with Panic Cycles coming in 2016.   Here […]

The Noble Economist who once support the Euro has reversed himself and come out stating what I have been pointing out.  Christopher Pissarides has come out and stated that the Euro has created a “lost generation” as reported in the Telegraph. The problem we have is the self-interest. The whole creation of the Euro has […]

QUESTION: I want to thank you so much for helping me see the light. I was one of those lost goldbugs who expected hyperinflation and the only gold would survive. As you say. A loss is a loss regardless of the reason why. If these people know gold is manipulated, then why tell people to […]

The head of the IMF is effectively a French Socialist who is hell bent on destroying the world economy imposing French Socialism on the rest of the world. Christine Madeleine Odette Lagarde is of course a French:lawyer and politician who has been the Managing Director of the International Monetary Fund (IMF) since 5 July 2011.  She is born […]

  The number one question coming in by the hundreds right now is: What does 2014 really mean to individuals. This is what the 2014 Conferences will be all about. We will hold three conferences. We will do the Sovereign Debt Conference for one day in Philadelphia as last year. This will be priced at […]

Thousands of firemen battled against the police today in Brussels. The demonstration erupted with Firefighters blocking roads and the tunnel between Arts -Loi and Madou . They were protesting against their working conditions and cuts to the budget. They gathered in front of the prime minister’s office where they were blocked by riot police and barbed wire […]

The US share market is declining currently as people think the budget deal will help the Fed taper and then interest rates will rise. Of course, this is a superstition that is up there with the World is flat as well for anyone with a computer can simply correlate interest rates and the Dow Jones […]

On Wednesday before the vote of confidence in Parliament, the government locked down itself in Rome fearful of the rising discontent in Italy. The Italian government fears violence at parades a whole new protest movement. This protest is growing from Turin, spreading to Genoa, Milan, Alfano, Rome, Savona and numerous other cities. This is what Homeland […]

COMMENT: “Switzerland is caving in all over the place. I just got notified the IRS wants to look at my 2008 return because I was a partner in a company back then that had a perfectly legitimate business account at UBS back then. Statute of limitations is up on my return, so I have reason […]