QUESTION: Martin, While I clearly understand your reasoning for deflation in the US allied to a very strong dollar; does the opposite apply to those countries, like the UK and European economies where their currencies are likely going into freefall? Keep up the brilliant work. Is the movie coming to the UK? AB ANSWER: Yes. […]

  On page 13 of the IMF Working Paper entitled Sovereign Debt Restructurings 1950–2010: Literature Survey, Data, and Stylized Facts, you will find this timeline on how to deal with the coming Sovereign Debt Default. Behind the Curtain, they know what is coming. They appear to be even using our timing. Numerous emails have come in asking […]

Today will be the Swiss vote on the issue of holding and buying gold. The Swiss National Bank opposes the Yes Gold Vote but there is also an immigration referendum. The Swiss are being asked to vote on a proposal to make the central bank hold a fifth of its reserves in gold within five years. […]

  The golden rule of trading is just this – What goes sideways when it should move up or down, moves in the opposite direction even stronger. Where we achieved the temp low in gold on the target week of 11/03, the Dow has moved sideways and is crawling along resistance. Given the G20 position […]

  The metals bottomed during the week of November 3rd on schedule. It now appears if we achieve that rally we outline in the International Precious Metals Outlook, then a high on that seasonal target would tend to warn that we will decline to new lows once more falling into the Benchmark targets. So far […]

Gold has been trending lower Breaking the June low of 2013 showing that the Benchmark Forecasts in The 2014 International Metals Outlook Report are right on track as it hits fresh four-year lows. The Gold Promoters are just desperate for bullish news and will craft whatever they can to continue their delusional bubble in which they live. […]

What is seriously being overlooked here around the world politically is we are dealing with a revolution of the youth as a consequence of the collapse in Marxism. Pictured above is Bank of Canada Governor Stephen Poloz who has amazingly stated that the rising unemployment among the youth who are living in their parent’s basements, […]

The new trick the IRS has been doing is attacking small mom and pop businesses on a ROUTINE basis. The number of reports coming in from around the country are outrageous where small businesses deposit daily receipts under $10,000 kicks off their rule about what is known as “structuring” – depositing money under $10,000 or […]

  The conspiracy crowd keep swearing the dollar has to collapse and remain clueless that the world is in serious trouble. The impact of debt is far worse outside the USA than inside yet their myopic vision blinds them to the truth. Taxes are so high in Europe and this renders it is impossible to […]

When it comes to forecasting, the IMF is virtually always wrong to a large extent. Indeed, often they are spectacularly wrong as was the case with the financial crisis of 2007-2009. Why anyone ever bothers to listen is really baffling. They never admit mistakes and are clueless about forecasting any change in trend. What is […]