A lot of people have been writing about Bill Gross leaving PIMCO and connecting that with us and our forecast that there is a coming bond collapse. I cannot comment on any client or who is a reader or not. Unlike the NSA, I believe in privacy. That aside, there has been talk of […]

COMMENT: Hi Martin, on the recent post about out of control government I can attest to at least 3 cases in the last 6 months. I work for a large coop FI and deal with people from all walks of life. Recently I had: 1) client was refused a permit after 4 months of applying for […]

A very interesting stage in the economic meltdown since 2007 is unfold quietly beneath the headlines. In Germany, the tax burden on the average person has exceeded 50%. The people may be powerless against the politicians so there is a new form of barter emerging that still uses money, but avoid taxes. How? After outrageous […]

The press is claiming over here that the central banks saved the super-rich by keeping interest rates low to help the stock market. While this reporting is still highly socialistic designed to hand even more power to government, meanwhile government just ignores the law to justify its own actions. The ECB buying of debt is […]

I am here in Germany kicking the tires and taking the temperature of the core of the European economy. Interestingly enough, a survey has revealed that politicians around the world have the worst reputation among all other occupations. The people have by far the least confidence in world leaders. In Germany only 15% say that they […]

  Behind the curtain, the long list of those who support the USA against ISIS has no substance. Why? This is a religious war and therein lies the problem. The Muslin community is throughout Europe and the great fear is their citizens run to join ISIS and then return creating a sort of home-grown terrorists […]

COMMENT: Loved your candid picture of the little boy in Brussels taking a leak on Europe. It is so true living here. REPLY: Well, it is a shame but all governments are the same. Once they have power, they keep grabbing more and believe the world cannot exist without them. On the lighter side, if […]

The storm brewing in Europe with the European Central Bank (ECB) is its plan to buy bad debt from banks in the version of stimulating the economy. Of course this is indirect and will never save Europe – but it may tear it apart. The ECB and all who support them, have argued in their […]

Private armies for hire are becoming popular on all sides. For government, this is the greatest invention since taxes – no social benefits. Mercenaries fighting for the USA get about $141,000 a year. Even in Ukraine there are a number of mercenaries from Europe and other countries is on the rise. They fight on the side […]

QUESTION: Many thanks again for the stream of clarifying observations posted daily — hugely appreciated. I was struck when reading that 2015.75 could be a low.Would this not permit a drop to cross 11,750? And would such a resulting chart pattern not be remarkably bullish? In effect might not the drop be an amplified echo of that […]