Greece’s parliament voted early Sunday in favor of Prime Minister Alexis Tsipras’ motion to hold a July 5th referendum on creditor proposals for reforms in exchange for loans, with the country’s future in the Eurozone/Euroland looking increasingly questionable. The greatest problem is that the share market is showing that exiting the euro will be the […]

Oskar Lafontaine has been a major political figure in German politics since the mid-70s. He was even Chairman of the SPD (one of Germany’s two main parties) for four years, the SPD’s candidate for chancellor in 1990, minister of finance for two years, and then Chairman of the Left party in the 2000s. He has called […]

The EU Finance Ministers have been lying to the public for so long that they believe their own propaganda. The German press has called them for what they are — hopeless fools who “…are totally overwhelmed and compensate for this condition with a good dose of arrogance. But the whistling in the dark is detected […]

The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout extension. This is the typical human response in the face of uncertainty. Greece can pull out of this if they comprehend what really […]

QUESTION: Hello Martin. some weeks ago you said the Euro has to break through the 1,15 Level to test at the very best the 1,20 . Is this over now and confirmed that the 1,14 / 1,15 was the top ? Best regards JB-Germany ANSWER: It appears that is the case. The way to gauge […]

The Eurozone, or Euroland, is now getting ready to deal with a Greek debt default next week after refusing to extend credit following Prime Minister Alexis Tsipras’ surprise announcement of a referendum on an offer from creditors that the people in any real democracy should have a right to vote on. Brussels prefers dictatorship and […]

The most popular world leader among his own people is none other than Russian President Vladimir Putin. Indeed, Putin’s domestic approval ratings have risen to an all-time high of 89% and have never dipped below 85% all year. Obama, on the other hand, has seen his approval rating collapse to below that of George W. Bush, and will most […]

HELP: Questions must be in proper English form. For example, “WHERE IS”, “WHAT ARE”, “PLEASE LIST”, “DO YOU SEE ANY PATTERNS”, etc. You must also specify the level as daily, weekly, out to yearly. In addition, please specify the market, such as Gold or the Australian 10-year bonds. You may inquire as to DOWNTREND, UPTREND, full […]

We are holding this year’s 2015 World Economic Conference in Berlin, Germany, and it may be the most important conference since 1987. While so many people are now starting to mimic our forecasts for Big Bang, all now touting the autumn of 2015, this is going to be far more complicated than what the typical analyst comprehends, […]

The Greek proposals included higher taxes, welfare charges, and steps to curtail early retirement. This is simply more deflationary pressure that will crack Greece apart. However, Prime Minister Alexis Tsipras is not prepared to cut nominal pension or wage cuts first sought by lenders, which would more likely than not spark revolution. Tsipras, who was elected in January […]