Pay attention to overseas. It is like fashion. Human nature is global. What you see there, eventually makes its way everywhere. Revolution in Greece is brewing. There has been a collapse in the rule of law on a broad basis. So while Brussels likes to play with the numbers to pretend that Southern Europe is […]

I understand that some people have a hard time grasping how is it possible to deflate when on the one hand they appear to create money wholesale? We are in a period of STAGFLATION. This means that the REAL cost of living (including government taxation) is rising. This is squeezing out net disposable income. So we get […]

The interesting thing about studies, has been rarely are they unbiased. Errors are also highly common, which is one reason why we go for the raw data and standardize everything in house. Quite frankly, you just cannot rely on government, think tanks that have slants, or academics who rely upon grants. Back in the 1980s, […]

All mirror must have been banned from Parliament in Brussels and Washington, DC because the majority of these politicians REFUSE to look at themselves straight on for fear what they might look like. They talk among themselves and ONLY see their point of view like the Gold Promoters who live in denial claiming the declines […]

The ECB has made a study a few days ago claiming that those in Southern Europe are richer than those in Germany to support the view that no more bailouts will take place of banks. The ECB now claims that Cypriots are more wealthy than the Germans. The average assets of a German household is just […]

Two points. (1) support for gold intraday is at the 1389 level on a 5 minute bar closing basis. a special report will go out to the Metals Report Clients only to prevent a GENERAL broadcast that would be disseminated to just anyone. (2) The Euro decision to confiscate assets in the banks WAS discussed […]

Lady Thatcher delivered her lecture and explained that Europe was to be an economic union, not a politician union where British Sovereignty would be handed over on a sterling silver platter. She was ultimately driven from office because of her Euro-Skeptic Views but she has proven to be correct. This political union risks sending Europe […]

The British Telegraph reported the comments of Professor Peter Bofinger, an adviser to Angela Merkel, that he made in Der Spiegel, demonstrating just how disconnected the academics are from the real world. They still live in the world of Marx and seem to have missed that Marx’s whole class warfare did not work.  Bofinger suggested that the “rich” […]

Money-laundering experts from the Council of Europe and financial will now get their hands of all historical banking records of Cyprus. Eurozone finance ministers backed 10 billion euros in aid to Cyprus because the deal includes that Cyprus will open all its banking records for Europe to hunt down Europeans who have ever banked there. This will destroy Cyprus forever!  Europe was […]

A new EU Directive provides that compulsory levies in Cyprus will be charged over the weekend. At a meeting of EU finance ministers in Dublin, Commissioner Michel Barnier confirmed that the the people are responsible for the bank they deal with. Depositors will risk their money after the Bank’s shareholders and creditors of banks. It’s amazing […]