Gold fell after NY close to 1321.5 in Asia holding the target at 1310. The Weekly Breakline for this week is 1398.6 and this will provide CLOSING resistance at this point. The Major overhead resistance stands at the 3 Monthly Bearish Reversals so we are not going anywhere just yet other than the traditional bounce after […]

Our World Economic Conferences are famous for being a comprehensive learning experience where people gain tremendous insight into the function of the global economy that is still never taught in university. They are two-way streets enabling participation rather than pure lecture. They always include a cocktail party to facilitate networking to meet people from around […]

All the governments are now banning together to attack anyone with an offshore account. All they see is taxes, taxes, and more taxes. They are blind to the massive disinvestment that they are creating. Even Canada is getting into the game. They cannot see that capital will be more inclined to hoard and as that […]

Former British Prime Minister Margaret Thatcher, who was the first woman to become British prime minister of Britain, has died at the age of 87. From 1979 to 1990, she was leader of the Conservative Party and was called the “Iron Lady” for her personal and political toughness by the Russians. I doubt that many […]

Question: So is it money v population that determines the overall trend? Answer: Yes The one consistent trend within the correlations that is part of the decline and fall of all empires, nations, and city states, is that as that society becomes more affluent, the birth rate ALWAYS declines. This is why Social Security and […]

Gold is still in a basing phase. The interesting thing is how some have sold this market as the single exception to everything in the world and how it can only rise. Gold is a tiny fraction within the scheme of the global economy. It really is no longer relevant for in case you haven’t […]

One reader wrote: “Congratulations. Your forecast that the Dow would make new highs from the depths of 2009 has been astonishing. You have done the same each and every time since 1987. You consistently hit the ball out of the park every time. I was at your Berlin Conference. You dedicated that conference to Milton […]

This massive leak on people who have accounts outside their country put together by 160 journalists who are most likely closet Marxists, now threatens even Russians in the Government. Putin also vowed to go after Russians who had offshore accounts in his December State of the Union Address. http://www.themoscowtimes.com/business/article/offshore-investigation-threatens-to-embarrass-kremlin/478140.html This hunting down of the rich […]

The Daily Bullish in the cash Euro for today’s close are 12977 and 13134. The Weekly Bullish are 13134 and 13433. This corresponds with the top of the technical channels. The monthly levels also show the first resistance at 13140 and 13370. We also have some closing resistance technically at 12996. The Euro on the momentum […]

I have always been a logical thinker. The teacher got very angry when I was in 4th grade and connected the dots concluding what she said was pure nonsense. Since she could not explain herself,  the school called my father. He had to come down and plead with them not to expel me. So I […]