All year we have been warning that a Phase Transition is coming, but when could not be ascertained until after September 2014. At some point everything must flip. Why? Because this is a Sovereign Debt Crisis not the normal plain vanilla decline. This is why retail participation is at historic lows and liquidity is at […]

While the German municipalities are short €118 billion euros for infrastructure repairs, reorganization of the German state finances may force even higher taxes. The German budget next year will see social spending is likely to exceed the €50 billion euros level. This will be more than the total business tax revenue in the nation. Everything […]

The interest rate policy of the European Central Bank has massive redistributive effects within Euroland. With every step it takes, the ECB continues to exploit Germany for the benefit of holding to the Euro by bailing out the rest of Europe. The German savers are been wiped out and sent into extinction as they see […]

The term Troika, actually comes from the Russian meaning “group of three”. It was increasingly used during the Euroland crisis to describe the European Commission, International Monetary Fund and European Central Bank, who formed a group of international lenders that laid down stringent austerity measures when they provided bailouts, or promises of bailouts  for indebted […]

QUESTION: Hi Martin, Thank you for publishing the Metals report.   I was just wondering what would cause a bear market in gold , no one has really written or talked about what that  would mean.  Would it mean that we finally get to see behind the curtains as they try to turn the “ship” around….. ?   […]

France is bankrupt and part of the Sovereign Debt Crisis comes when a government has to roll its debt and there is no bid. Next year, France’s President Francois Hollande must face a budget deficit along with the country’s biggest-ever rollover of existing debt in history. If there is no bid, we are looking at […]

This whole idea of socialism has created a system that is way beyond what anyone in their right mind would have created. The Swiss pension system is at risk no different from anyone else. Swiss life insurance companies guarantee one part of the pensions of Swiss workers. Now the Swiss unions have figured this mess out and […]

  Princeton Economics International, Ltd. Edinburgh Transcript April 29, 1997     I would like to begin today with a brief overview as to how we at Princeton look at markets. For those of you who attended last year’s conference I will try to be as brief as possible.   Effectively, our models are based […]

A number of questions have been coming in about Scotland. Yes, it has the capacity to become the real Switzerland of Europe where capital would be attracted if they are out of the UK and the EU. Why? The EU is looking to more than just tax financial transactions, they are looking to even outlaw […]

Reuters has reported from documents just unsealed yesterday that the US government had threatened to fine Yahoo $250,000 per day if it refused to turn over all its customer data to intelligence agencies. There does not seem to be any politician capable of comprehending that these  intelligence agencies are destroying commerce internationally. This may be why our […]