Gold has been trending lower Breaking the June low of 2013 showing that the Benchmark Forecasts in The 2014 International Metals Outlook Report are right on track as it hits fresh four-year lows. The Gold Promoters are just desperate for bullish news and will craft whatever they can to continue their delusional bubble in which they live. […]

Republicans rode a growing wave of voter discontent during the midterm election winning the control of the Senate literally punishing the Democrats for even electing what is glowingly becoming apparent that Obama is a repeat of Bush Jr, just worse. This will now clip the wings of the Democrats and the social agenda of Obama […]

Those in government maintain a completely delusional view of the world which is the central part of the crisis that we face. Everyone else pays the price for it and this is no longer just brilliantly entertaining. This modern-day monetary delusion persists both inside central banks as well as within the halls of the elected representative […]

QUESTION: Hi Martin, Thinking in terms of Capital Flows, would it be appropriate to say that gold & silver are falling because the dollar is rising, the Euro is falling and some states need to sell gold to cover their bond exposure? Best, -M ANSWER: Yes. The dollar is rising and this will have a positive […]

  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 EU Commission is demanding that Britain pays them almost £2 billion pounds because their economy has boomed while that controlled by the Commission has imploded. An angry David Cameron was on a collision course with the European Commission this afternoon as he flatly refused to agree to a demand that Britain hand over an […]

Monte dei Paschi shares were suspended twice throughout today. At one stage down 22% currently trading down 18%. Peripheral bond markets behaving themselves only Italian BTP’s were wider by 7bp’s. The European banking crisis is still in full bloom. What the ECB will not admit is that the design of the Euro lacking a single debt […]

The International Monetary Fund has been forced to change the calculation of its most important interest rate after aggressive monetary easing around the world threatened to turn it negative. Late on Friday, the IMF said it is introducing a floor of 0.05 percent for the interest rate on Special Drawing Rights, its own form of […]

They are saying that the attack in Canada was because it was supporting the USA is sending troops to fight against ISIS. Canada did pass a bill to launch combat mission against ISIS 157-134 in House of Commons. The European powers are very much afraid to do so because of domestic high Muslim populations. What took place in […]

This coming Sunday will see the results of the ECB’s stress tests. Eagerly awaited by some, feared by others. Well it appears the only reason there was support for the European peripheral bond markets over the weekend was the fact that they were closed! From the opening this morning the trading theme was, “risk-off”. The talk […]