A 7.1 magnitude earthquake struck off the Northeast Coast of Japan creating a small tsunami that hit Japan’s eastern coast – where the crippled Fukushima nuclear plant is located. The government insists there was no damage, According to reports, the tsunami reached waves of only 30cm (1ft) in the region. Nonetheless, Japanese Prime Minister’s government is planning […]

Be it Europe or the USA, the drive to eliminate democracy is underway. Politicians are doing their best to prevent the voice of the people to have any impact. This is what sets the stage for revolution. It goes hand in hand for when government tries to simply dictate to the people, eventually the whole […]

The NSA has had access to financial transactions in Europe and their abuse of power is being noticed everywhere. The EU has now voted to block the access of the NSA to financial records in Europe. Many people are now looking at Switzerland as a safe harbor not for money, but for data. They are […]

One of the things that the hard money crowd overlook is the dollar and oil. In fact, Russia and many other OPEC countries have often used oil as a political weapon. To a large extent, they became masters of the world behind the curtain. However, the USA began to wiggle free and is now possibly […]

Anyone who thinks that the US debt is the only problem had better starting looking around the globe. European Commission President Jose Manuel Barroso on October 21st has made a desperate plea for extra cash to keep the institution afloat warning that the EU Commission would be technically bankrupt “by mid-November.” While the opening the European […]

The debate in Europe emerging is just unbelievable. The Socialists are trying to outlaw all speculation for in their mind it is speculation that is causing prices of commodities to rise. These attitudes against capitalism are just off the wall and this is what we need to fight against when everything turns down. http://www.nzz.ch/aktuell/wirtschaft/wirtschaftsnachrichten/warum-wir-spekulanten-brauchen-1.18171876

QUESTION: Your insight into the Saudi’s supplying the chemical weapons and arms to the Syrian Rebels long before anyone even had a hint of that was astonishing. I recently met someone in London who worked at your City Office. He said even Margaret Thatcher would ask you what was really going on in Russia. He […]

The Debt Ceiling Crisis has done far more damage than anyone suspects. It has drawn attention to the Sovereign Debt Crisis by highlighting the national debt and then the “Conservatives” are targeting the Republicans who voted to end the shutdown. While it may be admirable that someone is trying to address the debt crisis, shutting […]

The view of the American budget crisis from outside the USA is one that is blaming Wall Street and the banks and calling for the next crisis to be the final meltdown of Capitalism. This view is rising around the world. The fact that it is just pushed off into January with the funding ending […]

The fundamentals are really worthless because you can always extract just the ones to support your current view to “talk your own book” as they say. The Dow Jones Industrials bottomed within the channel nicely on the daily level and the target was on point as well the first week of October – the 9th […]