The dramatic move in the Swiss franc may have confirmed two other interrelationships. Against the dollar, we wrote at year-end “The Swiss is currently trading at 9934 and a mere year-end closing above 9785 will signal that indeed the 2011 low for the dollar will hold and that a test of the 11800 followed by […]

  The greatest threat we face is the political elite.They are typically failed lawyers and that training makes them believe they possess some magical power to write law and therein it shall be. The reason why we must crash and burn is linked directly to this very bad quality found at the core of the […]

The press is claiming over here that the central banks saved the super-rich by keeping interest rates low to help the stock market. While this reporting is still highly socialistic designed to hand even more power to government, meanwhile government just ignores the law to justify its own actions. The ECB buying of debt is […]

Municipal governments are going broke everywhere. This entire structure of government would never have been designed even by a moron. In Germany. a survey of 300 municipalities shows that 74% are planning to raise taxes. Now 27% plan to increase their cemetery fees, 25% want to demand more money for attending daycare or day schools. […]

  The Markets are being bombarded from every direction fundamentally. The confusion is rising and so will the volatility. The euro is gradually declining, the stock market keeps holding, gold really cannot get out of its own way, and the 10 year rates remain low even in Germany. Capital is confused every which way from […]

Ireland’s Finance Minister Michael Noonan has been desperately trying to meet the strict brain-dead requirements of the troika of the European Commission. These are lawyers who are trying to firm up their own jobs by thinking to maintain confidence in the Euro, they have to embrace austerity. The ECB President Draghi is so out of […]

Goldman Sachs, JPMorgan and the metal exchange based in London have all been accused of manipulating the zinc prices over the last 4 years. The prices for zinc have increased as much for aluminum in recent years and not declined. The argument here has been that they held the metal prices up, opposite of the […]

I have warned that about 50% of the German municipalities are on the verge of bankruptcy. The pensions have been unfunded and are absorbing everything. As we saw in Detroit with more than 50% of current revenue going to pensions, taxes either rise, the borrow more, or they are out of business. We are in […]

With each downturn in the Economic Confidence Model in this 51.6 year long-wave, the decline gets worse and the volatility rises. This is part of the process building until we reach the cataclysmic turned at the end 2032. The polls in Austria are very interesting for this has been a nation that historically represents the […]

Putin just has to sit back and watch for with two months before the European elections, the season for protests has begun. Literally, tens of thousands in Paris and Rome have taken to the streets demonstrating against the austerity policies of their governments that line their pockets and the bankers. Masked demonstrators fought before the Ministry of Economic Affairs […]