The economic prospects for Europe are impossible to return to any real recovery. We are looking at a long-depression for Europe that will not bottom for 23-26 years from the 2007 peak making this turn only with the end of the current Private Wave in 2032.95. German politicians cannot grasp that imposing austerity that has […]

Investment inside Europe has been shifting in very interesting ways. The pension funds have shifted their sovereign debt holdings to predominantly Germany, which now makes up about 71% of government debt holdings. We are also seeing a shift to private assets and as we illustrated at the Berlin conference, private assets in Greece looked like […]

In June Gold, a closing below 1439 will keep gold in a vulnerable position where support next week will be at the 1385-1400 level with still resistance at 1476 even becoming firmer. In silver, the support lies at 2250. A daily closing beneath that will signal new lows ahead. The day of the high for […]

  The German Revolution of 1918 that brought to power the Weimar Republic, had actually invited the Russian Communists to come take control of Germany. This is why Germany went into hyperinflation. ALL wealth went into hoarding. There was nothing to be found anywhere. The new government was unable to sell any bonds because who […]

Nigel Farage is spot on. This was forwarded to us today. It was his recap of the truth about the Euro. This is very much part of the dollar rally. There becomes little choice. Some have asked: 1)      I understand your argument regarding currency and agree with you on the dollar.  I understand why that […]

Nigel Farage On the Fate of Europe http://www.youtube.com/watch?v=F53SDFtyK2I

Land Auction Great Depression The Gallup Poll is out surveying the investment sentiment of American investors. Gold has held that top slot up until now. Gold has now fallen for the first time to the second position as investors return to the old historical investment sector – real estate. Even in Europe people are starting […]

The Euro peaked in two weeks, fell back, and has rallied into this week. Nonetheless, key resistance still remains unchanged in the 13400 zone and the turning points are the weeks of 05/06 and 05/20. The top of the channel for resistance we warned about was in the 13400 level which has not been reached […]

The May protests in Europe are going by the slogan “fight against the king in Brussels”. Politicians are clueless. All they see is retaining their jobs at the expense of society and everything within it. There is no thinking out of the box. If they do not blink, they are risking the collapse of Europe […]

Ever since the ECB issued a report that claims the south was richer than the north to get out of bailing them out, the reaction behind the curtain is very interesting. The talk in the south is now to demand reparations from Germany for World War II. What goes around comes around. There cannot be […]