We have been warning that the Scottish separation was something to take seriously since the Berlin Conference in 2012. Now suddenly the polls are showing Scotland just may vote YES and leave the UK because of the rising chaos in the EU and the totally insane policies in France. The British financial markets tumbled on […]

Perhaps the most perplexing aspect of the current equity trend that is not well understood has been the development of private investment by governments. Strangely enough, the development of the euro has totally disrupted the world monetary system for this has created a period of dramatic capital concentration in US dollar debt as the real […]

  Yes – to answer a lot of questions. We still see the future rally in gold reaching the $5,000 level. Keep in mind this requires an asset rally. Those who tout the German Hyperinflation omit the fact that ALL tangible assets rose not only gold and the replacement currency people accepted was backed by […]

Merkel is under serious pressure from two fronts. The sanctions against Russia are having a major impact upon the European economy as a whole. This has caused Merkel to bluntly state that the US cannot solve all the problems of the world. Indeed, what she is not saying is that these US policies may be […]

Global central bankers led by Federal Reserve Chair Janet Yellen gathered in Jackson Hole for their annual Marxist Festival. Of course, those in government are just way too dangerous because whatever they see never involves them as a cause of any problem. It is impossible to see how to engage the economy when you eliminate […]

Telstar News Conference July 23rd, 1962   THE PRESIDENT. Good afternoon. [ 1.] I understand that part of today’s press conference is being relayed by the Telstar communications satellite to viewers across the Atlantic, and this is another indication of the extraordinary world in which we live. This satellite must be high enough to carry […]

Italy has entered that phase of zero-point growth. Italy’s people have been beaten by Europe and no longer expect recovery. But then, yesterday, the Statistical Office of the economic data for the second quarter of 2014 released economic numbers that ​​froze a dumb look even on the faces of the hardcore pessimists. For the second […]

David Cameron and Vladimir Putin met face-to-face talks in June. Now Cameron is towing the US line and is speaking out to NATO warning it is “unprepared for Russia threat”. Cameron has told NATO that it seriously needs to rethink its long-term relationship with Russia. British Prime Minister David Cameron has warned that Russia’s “illegal” actions in […]

The computer has done a pretty good job on forecasting the markets, but also the rise in the Cycle of War that seems to be exploding absolutely everywhere. All I can do is articulate what it is forecasting for nobody could possibly make such a forecast years in advance based solely upon opinion or even […]

  The closings for July were quite important in the long-run.Gold on a nearest futures basis closed July at 1281.30. Support during August will lie at the 1240.00  and resistance will form at 1285.00 on a closing basis with 1318.00 followed by 1350.00. We do not see a possible final low before Jan/Feb 2015. The […]