Germany is obsessed with hyperinflation just as the US is obsessed with reliving the Great Depression. Neither one even understands their own history. This interesting aspect is that despite all the press at the time, FDR did not follow the austerity advice of his Brains Trust who were lawyers. It was George Warren who saved […]

Today fulfilled a possible high being up 17.2 days. The Euro on cash reached about 13358. The major resistance stands at 13485, The Euro volatility should now start to rise again. We need to see today’s high exceeded both intraday and on a closing basis to suggest further upside gains. Critical weekly closing support lies […]

The outrage of the US sucking up everything and storing it is classic George Orwell. The Republican leader is also a disgrace. This is how stupid he is calling Snowden a Traitor. He was outraged by the Obama Administration going after the AP and having the IRS target the tea party. But when it comes […]

Hollande is truly a legend in his own mind. This above all demonstrates that we are dealing with politicians everywhere who are clinging to old ideas and are totally disconnected from the shifting sands within the economy. They still think they have to support debt investors and are oblivious to the social changes and damage. […]

The freedom to travel in the European Union that was to be the cornerstone of the whole issue behind the Euro is now being shut-down. The EU Member States are now allowed to reintroduce border controls at will. This is all the result of what I have reported that apartments in Germany were almost all sold out […]

The liberals of Europe do not understand that you cannot make everything “fair” in this world. I was in London and received a phone call from one of the big telecommunication clients we had in Europe. I was asked to fly over for a urgent board meeting in the morning in Germany. I had no […]

Hollande of France is seeking to federalize all of Europe forcing a new socialization of Communist agenda. He sees no use for the Free Markets and is trying to sell this idea to Europe. In his mind, if he can prevent people from fleeing his insane ideas, he will win. Italy is starting to now […]

Everyone knew that the real agenda from the outset was to federalize Europe. The problem has been how to deny that so they did not require a democratic vote from the people. What is taking place now is the attempt to seize control of the rule of law in all member states. This way no […]

Bundesbank’s President Jens Weidmann was questioned for the first time by the press on the future of the euro. Weidmann renewed his criticism of the rescue policy of the European Central Bank (ECB). The announcement by ECB President Mario Draghi to purchase unlimited government bonds to stabilize the euro, Weidmann views that this threatens the very existence of the […]

There really is no other word for politicians but brain-dead. They cannot understand that what they are doing is the destruction of the economy. They created the bank instability by failing to create a national debt for reserves. Then the banks have to keep sovereign debt as reserves of all members and then they default. […]