The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to […]

QUESTION: Hi Marty, I have been following your blog for several years and attended your “Cycles of War” presentation in Philadelphia. It has been rewarding and very educational. My question, is there any one investment that is a safe haven in the chaos that approaches? I recently sold my company and placed the proceeds into “Certificates […]

  Larry Summers, the father of NEGATIVE INTEREST RATES, is so against a free society and looks upon us as dumb cattle to be herded and corralled for his pleasure. His ideas are just beyond belief. Now Mr. Pro-Government-Anti-Democracy is advocating killing the $100 bill. He is moving to electronic money so that government can get all […]

The year 2015 was 13 years up from the 2002 low in the stock market following the DOT.COM bubble. That low was rather significant for many markets have yet to exceed that 2000 nominal high, such as in France. This has warned, as was the case in gold from 2011, that a correction became possible. […]

Trump and Sanders have a lot more in common than people suspect. What is Bernie saying at the core? He needs a revolution to get most of what he is talking about passed. While he is misguided with attacking the “rich” whom the tax code defines as anyone earning $250,000 in “household” income (i.e. not […]

  Counterfeiting precious metal coins began when coins were virtually the first invented. A fourrée (meaning “stuffed”) is a coin that is typically counterfeit but sometimes officially produced either by the government or by people working in the mint. A fourrée is made from a base metal core plated with a precious metal to look […]

The fear has been that Iran will start dumping oil now that the sanctions have been lifted. Thus, crude has been falling out of bed in a nightmare scenario. The fact that Crude was below $35 and then rallied to close above it for the 2015 year-end closing was a warning that the long-term may […]

The closing for the euro at 10869 provided the long-term Yearly Bearish Reversal that we have cited throughout the year: “We have Yearly Bearish Reversals at 11645 and 10365. So the 116 level will remain as reactionary resistance this year and the 10365 level is key support just below the current low of 10460.” The […]

A simple year-end closing below 116.40 in the euro confirms that a broader correction is in motion; the earliest potential low is in 2018 with the potential to extend into 2021. A closing ABOVE 105.03 will suggest a brief pause, and 103.00 will be absolutely critical to support next year. Major overhead resistance will be extremely strong […]

First of all, someone is claiming that I put out some recommendation on DUST. I have NEVER recommended such an ETF and this appears to be a deliberate attempt to mislead people. You can search this blog; I have never made any recommendation involving any specific ETF. The motive behind this scam is curious to say […]