The euro crisis appears to be unfolding right on target rather amazingly. Our target was published in “The Rise and Fall of the Euro” back in 2011. The target for the collapse in confidence was 2016.202. This comes into play March 13/14, 2016. It is rather amazing that we can target a specific event within time, years […]

The euro continues its fall and the likelihood of reaching 116 is starting to dwindle. Even the British Telegraph has come out and stated that the bail-in plan for government bonds in Europe risks destroying the entire euro system. We have to understand that those in power are clueless. All they do is try to […]

European banks are in a real crisis. They have been decimated by fines and trading after they tried to mimic their New York competition without the same expertise. Then they had to use euro debt of member states as reserves. Next came the rising taxes and the push to enforce taxation which has seriously harmed […]

The euro is still in a position to rally. The general view right now is that the Fed will not raise rates. With the stock market heading lower, this prevailing view of the Fed with respect to rates should dominate and provide a bid for the euro just yet.

The new budget proposal reveals that the U.S. military plans to quadruple its resources to confront “Russian aggression” and to strengthen its presence in Eastern Europe. “We’re reinforcing our posture in Europe to support our NATO allies in the face of Russia’s aggression,” commented Defense Secretary Ashton Carter.

QUESTION: Marty: I have been waiting to sell the Euro on that reaction rally you have been calling for since your post on January 9th. You stated there that a weekly closing above “11055 area and a small gap up to the 11365-11375 area.” Do you think this will reach your 116 target or stop […]

  We are finishing up the world currency reports. The reports are not ready at this time, but we will make an announcement once they are available. As we stated at the conferences, nothing appears ready to break before May. Nevertheless, the crazy period ahead appears to be the 2017-2020 time frame. The euro held […]

  QUESTION: Martin, An all electronic currency seems almost inevitable to some, however as you have stated in the past not everyone ha the ability/facility to transact solely electronically. With cash being anything which is agreed the most marketable asset, wouldn’t the people of Europe just transact in another form of cash (USD, gold, silver […]

  On one hand, Yanis Varoufakis is a left-leaning economist, however, he also see the truth about debt and how Greece cannot possibly recover. For the most part, I agree with him in general principle as to the crisis. Where I disagree is his view that capitalism will devour democracy. I think he has not […]

Advice for Europeans: you should open an account in the United States as your hedge against European banking madness. Europeans can still open accounts in the USA, but Americans cannot open accounts in Europe. This should be the best bet until 2020. Switzerland still has approved bail-ins. Canada is not altogether great either. In Britain, […]