Indian banks are now required to set aside 20% of all imported gold for export purposes. Gold is now to be held in bonded warehouses and banks may only import additional gold after they have exported at least 75% of those reserves. We reported previously that the current account deficit in India has been driven by the […]

The Dow Jones Industrials are approaching the major top of the up uptrend channel. which stands at the 16000 level for the 3rd quarter. We have a turning point in September. The real question is will we breakout and move into a Phase Transition going into 2015.75? This depends entirely how we interact with this […]

Microsoft has collaborated closely with US intelligence services to allow users’ communications to be intercepted, including helping the National Security Agency (NSA) to circumvent the company’s own encryption, according to top-secret documents obtained by the Guardian. http://www.guardian.co.uk/world/2013/jul/11/microsoft-nsa-collaboration-user-data After digging into Microsoft’s Windows 8, I became very alarmed that the Start Screen was reporting back to […]

We wrote on June 20th: “The Daily Bearish Reversals are 14670 and 14392 with the Weekly Bearish at 14390 and 14360/ The key support starts with the Monthly Bearish at 13139 and 12940, with the critical support at the Monthly Bearish at 12220.” We elected the minor Daily Bearish on the 24th but that was […]

Obama and the Democrats have to get through their thick skull that Karl Marx’s ideas are dead. The Collapse of Communism proved that and now it is their turn with socialism that really is the same thing – the people are incapable to spending their own money so government should do it for them. Government […]

We will be publishing an update shortly on world share markets once we have the ECM turning point in place 8/07. For now, here too the Dow peaked on this reaction from the 6/06 low for 8 trading days into 06/18 when we hit the Directional Change here as well. Look for higher volatility tomorrow. […]

These people cannot understand what they are doing to the world economy or even grasp why the liquidity has shrunk by about 50%. People do not believe the rise in the Dow claiming it is on low volume. They fail to grasp that everywhere we look, there is a massive contraction in global liquidity. As […]

  Sorry – no 90% Crash. The US Share Market is by no means out-of-line. Dividends are still far higher than one can ear in a bank – 0.5% for 3 years. You are better off giving it away for a tax deduction.  

Civil Unrest has been what our model was forecasting. What is happening everywhere is just amazing. Government is so out of control and all this is about is holding on to the reins of power. They have totally forgotten what “free” societies even were supposed to be, In Turkey we have massive riots against the […]

So far the Dow has rallied 27 weeks on an intraday basis establishing the high on target for the week of 05/20, but on a weekly closing, the high was the previous week 05/13 making it a perfect 26 week rally.The week of 05/27 closed slightly beneath the week of 05/20 confirming technically we should […]