I have warned that when I am traveling these days, the question always posed is – “How much cash do you have?” Even traveling to Warsaw, there are big signs saying you may not have more than €10,000 in “value” on your person. In Italy, if it looks like you have a lot of jewelry, they […]

Ahead of Jackson Hole a mixed response in Asia with a choppy day for the Nikkei. Initially, the Nikkei saw a sell-off then an attempted rally just after lunch but that was to fizzle-out eventually closing down 1.1%. The JPY remained in a tight range and continues to play with the par level. There remains a […]

Of course, Chancellor Angela Merkel has denied that allowing the refugees in has led to the recent Islamic terrorist attacks. She has admitted that fighting crime and Islamist terrorism will be key challenges for the year, and she is adopting a law and order position after attacks in Germany have seen her approval ratings collapse. […]

A strong opening for the Nikkei, almost 1% but only to turn ahead of the lunch break. Although price action was whippy the volume traded was very poor. The afternoon session was a retracement of earlier losses but again in light volume. We closed the day up +0.6% but all eyes and ears will be […]

A number of emails have come in asking if we are advising the government since they are now enlisting firms to research a rise in civil unrest. The answer is no! Nevertheless, everyone knows of the accuracy of our computer systems and our cycle of war models. It was the CIA that, after all, came […]

The Nikkei (cash market) had a lot to recover having just returned but recover it did. The early bounce was pulled back then the Friday afternoon recovery took over and we closed just off the days highs (+1.2%). China’s Industrial Output was expected at 6.1% but came in a little short at 6% which did […]

The Greek government is calling for full disclosure of ALL household wealth. The Greeks are to disclose everything they own — cash worldwide, jewelry, real estate, paintings, and furniture. The Greek government is totally insane and intends to exploit its population simply to remain in the euro without the simplest shred of evidence that such […]

QUESTION: Marty; The Global Market Watch pinpointed Thursday as a knee jerk high in gold. I now understand what the ‘knee jerk’ means. The day before was a low, this was what you call a thrust up but just one day and no follow through. How does the computer know that by the close of […]

The financial services industry is undergoing its greatest upheaval perhaps in more than 35 years because the government came up with a brilliant new idea to pretend there is a crisis that they need to step in to save you. I have warned that there has been talk about taking over 401K funds which are […]

The Nikkei (cash market) had a lot to recover having just returned but recover it did. The early bounce was pulled back then the Friday afternoon recovery took over and we closed just off the days highs (+1.2%). China’s Industrial Output was expected at 6.1% but came in a little short at 6% which did […]