Too many people are simply confused by the talking heads on TV who honestly cannot articulate anything that is real in the analytic world. So many people commented that demand should collapse for real estate with the first uptick in rates and that we were dead wrong. The average person is not that stupid. […]

Last year, the German chancellor Merkel was calling for “more Europe, not less.” She was behind the idea of federalizing Europe handing more power to Brussels. But as the economy turns down, European Integration is rapidly fading and now even Merkel is bending to the political trend of the rising EU-skeptic movement. http://www.spiegel.de/international/europe/german-chancellor-merkel-cools-on-european-integration-a-907339.html

The Euro closed on Friday still in a short-term bullish posture on a weekly basis as we head into the week of 06/17, which is the next turning point. The primary resistance stands at the 13432 level on the cash. It will now take a weekly closing back below 13147 to signal a retest of […]

The next key weekly target for a turning point will be the week of June 17th. This Friday, a closing BELOW 13133 will warn that the euro is starting to weaken once again after this short-cover rally. The key support remains 12137 and this is where a weekly closing beneath this level will signal the […]

The Euro made its new high today on the 17.2 frequency. We did not exceed the key resistance and if we now close lower, we should see a retest of support. A closing below 13180 will confirm a sell signal. The market volatility began on target so now watch the closing. Going into next week, […]

Germany is obsessed with hyperinflation just as the US is obsessed with reliving the Great Depression. Neither one even understands their own history. This interesting aspect is that despite all the press at the time, FDR did not follow the austerity advice of his Brains Trust who were lawyers. It was George Warren who saved […]

Today fulfilled a possible high being up 17.2 days. The Euro on cash reached about 13358. The major resistance stands at 13485, The Euro volatility should now start to rise again. We need to see today’s high exceeded both intraday and on a closing basis to suggest further upside gains. Critical weekly closing support lies […]

The outrage of the US sucking up everything and storing it is classic George Orwell. The Republican leader is also a disgrace. This is how stupid he is calling Snowden a Traitor. He was outraged by the Obama Administration going after the AP and having the IRS target the tea party. But when it comes […]

Hollande is truly a legend in his own mind. This above all demonstrates that we are dealing with politicians everywhere who are clinging to old ideas and are totally disconnected from the shifting sands within the economy. They still think they have to support debt investors and are oblivious to the social changes and damage. […]

The freedom to travel in the European Union that was to be the cornerstone of the whole issue behind the Euro is now being shut-down. The EU Member States are now allowed to reintroduce border controls at will. This is all the result of what I have reported that apartments in Germany were almost all sold out […]