“Martin, I have worked in the futures market for 20 years and what a great business! Unfortunately, Corzine turned up and destroyed our “Sleepy futures operation and hell.. what do they know….. I am an ex GS CEO…”. – Let me tell you for the record, he bought Greek bonds in size in 2010!! “Mr […]

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 […]

Cyprus Proposal  March 27th, 2013, 5:00PM EST Cyprus Proposal   The paramount questions remain:   1)     What is the end-game solution for the Euro? 2)     How will the Euro survive after the Cyprus solution? 3)     What is to be accomplished by staying in the Euro and suffering the indignities Brussels is inflicting upon Cyprus? 4)     […]

Copyright March 26th, 2013 All Rights Reserved We are on the verge of a real crack in the Euro. So far the intraday low is 128.27 on the spot and we have a Weekly Bearish Reversal at 128.24 with a GAP down to 121.37.  As always, the political forces and academic factions are unfamiliar with […]

Those who are new readers are probably unfamiliar with what I have called the Golden Rule of Reactions.  When it comes to TIMING, it is vital to understand the basic tenets of cyclical analysis. That fundamental principle is where do we draw the line between a change in trend and a mere reaction. That line […]

Throughout history there has been countless two-tier monetary systems where at times there have been a local currency issued by the immediate government, yet the people rely upon the currency of another government. Such periods are interesting for they are not official but emerge by the people rather than through a decree of a government. […]

Quite a few readers have asked: “You must be advising Japan again. China is too obvious. You say don’t buy bonds from NY and 2 weeks later they stop. Looks like Japan is following you again.” We just cannot comment on who is a client or not. As for the trend, yes. The dollar bottomed […]

QUESTION: I attended the Bangkok Conference. I am in awe how can the computer have projected the rising tension in January back in October? ANSWER: The computer has been able to pick up geopolitical events and tensions on a major scale like this not by feeding in what people are saying or news reports. In […]

The one thing on this global tour that is pouring out of the seams is just how much the United States is seen as a dictator & bully to the rest of the world refusing to respect territorial jurisdiction. In every country I have visited, I have been embraced as an American Political Prisoner. Everyone […]

World Economic Conference Agenda The fall we will be providing three World Economic Conferences around the world with much smaller audiences to enable questions, discussions, and interaction. This is being done to make for a much more personalized experience. Instead of 300 attendees as was the case in Philadelphia, this will be small groups to […]