QUESTION: Marty, I have not seen you write about the Vikings. Did you take their rise and fall into consideration in your model? YC ANSWER: Of course. The monetary history of the Vikings is tied to England as well as global warming. The rise of the Vikings was due to global warming from a natural cyclical […]

A little bit of jawboning by the BOJ and we see a bounce off of the 107.60 level from yesterdays trading. A healthy 1% rebound in the JPY transpired into a 0.5% bounce in the Nikkei. Finance Minister Taro, said the government would take steps if they were required. With an additional bounce in late […]

Gold needs a closing ABOVE 1254.50 to signal a rally. A closing below 1225 would warn of a decline. Between these two numbers is still neutral. In silver we nee a daily closing above 1551 on a daily basis to signal a rally but a closing above 1531 today will keep silver in a neutral […]

Two members of France’s far-right leader Marine Le Pen’s entourage are being used to try to stop Le Pen from overturning Hollande. This is similar to what they are trying to do to Putin. According to the Panama Papers, two members of Le Pen’s entourage allegedly moved hundreds of thousands of euros by way of […]

The main topic again last night was the magnitude of the advancing Yen. Despite a convincing break below the 109 (and 108 in European trading) the Nikkei only managed to hold ground to show a modest (0.22%) gain on the day. The Shanghai fell over 1.3% overnight and only just managed to hold the psychological […]

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight of Italian banks which now seems to be significant as both houses of parliament voted to create a state fund for bad loans. On Tuesday, the government announced that they planned to fund the money […]

Based on the cash, we can see that the Greenback has rallied sharply against the A$ but has not elected a yearly bullish as of yet. It did exceed that level intraday, but the fact that it failed to retain those gains warns that we are not looking at new historic highs for the dollar […]

From the outset, inside sources have relayed that Cruz is very disliked behind the curtain. His entire strategy from the beginning has been to be the last man standing against Trump. Cruz assumes the party will install him despite the fact that most really dislike him. All the exit polls show that more than half of […]

The majority of voters who went to the polls in the Netherlands on Wednesday to express their opinion on the proposed agreement between the EU and Kiev have rejected it. The results of the vote show that 61% of the Dutch are against the agreement to strengthen ties with Ukraine. This is showing that the people […]

It really felt like a day of two-halves today after a lack-lustre Asian session and a weak European morning. The Nikkei was again a talking point (or at least the JPY was) but Shanghai too saw a bit of volatility as we flirted toward the 3k level early afternoon only to recover by the close. […]