The most fundamental truth about trading is that your opponent is YOURSELF. The majority must be wrong because they are the fuel that propels the market. The market enters a flash-type crash when the vast majority is LONG and they try to sell but there is no bid. Far too many people demonize trading such as “paper gold”, arguing that it is […]

The EU Finance Ministers have been lying to the public for so long that they believe their own propaganda. The German press has called them for what they are — hopeless fools who “…are totally overwhelmed and compensate for this condition with a good dose of arrogance. But the whistling in the dark is detected […]

The most popular world leader among his own people is none other than Russian President Vladimir Putin. Indeed, Putin’s domestic approval ratings have risen to an all-time high of 89% and have never dipped below 85% all year. Obama, on the other hand, has seen his approval rating collapse to below that of George W. Bush, and will most […]

HELP: Questions must be in proper English form. For example, “WHERE IS”, “WHAT ARE”, “PLEASE LIST”, “DO YOU SEE ANY PATTERNS”, etc. You must also specify the level as daily, weekly, out to yearly. In addition, please specify the market, such as Gold or the Australian 10-year bonds. You may inquire as to DOWNTREND, UPTREND, full […]

We are holding this year’s 2015 World Economic Conference in Berlin, Germany, and it may be the most important conference since 1987. While so many people are now starting to mimic our forecasts for Big Bang, all now touting the autumn of 2015, this is going to be far more complicated than what the typical analyst comprehends, […]

Today we are seeing some large price/percentage moves in many markets, which is something we should all start to accept as the new norm for the second half of this year moving forward. Rumours started Sunday of Tspiras’s new proposal and the markets took it all at face value! DAX at best was up 3.5%; ASX closed […]

OK. Are you ready for this one? The Telegraph is reporting that a driver in Spain was given a ticket and fined €80 for biting his nail while driving. The offense: “not maintaining the correct freedom of movement.” Well, technically speaking, you are supposed to have two hands on the wheel. If you have just one on […]

COMMENT: Well it looks like Putin is doing more than reviewing your film to approve its release in Russia. He is reading your  blog. His speech today is offering tax free status for corporations exactly for your 4 year period into 2020. He only talks about the Silk Road joining with China. BW REPLY: Yes, […]

“Whom the gods would destroy, they first make mad,” was spoken by Prometheus in Henry Wadsworth Longfellow’s poem “The Masque of Pandora”. This seems to be very appropriate to explain our government officials for they are truly insane when it comes to economics. This is all about them sustaining a failed system that is unsupportable. They refuse to look […]

Curious note: On October 1, 2015 – the day of the Big Bang – the U.S. will begin shifting to EMV (Europay, MasterCard® and Visa®) “smart card” credit cards as a more secure way of accepting payments. Anyone accepting a card without a chip will be liable for any fraudulent payments. The banks will be exempt […]