The Political Dysfunction in Washington that has raised the possibility of the once unthinkable: a default on US debt that could potentially trigger financial and economic mayhem as they are claiming, is reflecting the real issues where a new breed of people are refusing to go along with business as usual. So Political Dysfunction may be […]

QUESTION: Some analysts “expect that the u.s. treasury will keep interest rates low for many years. they quote japan`s so-called “lost decade” as a precendant and appear to expect that such artificial supression will in fact work ( obviously against what you consider “market forces”). which poses the question: does japan`s “lost decade” conform to the ECM […]

I have been warning that there has been a “Club” that has been targeting market after market to make a quick buck. The LIBOR Scandal has caused the tide to turn as well as having to bail out the banks in 2008 that has fundamentally altered the course of everything. Now the Swiss regulators said […]

QUESTION: I can confirm your post today in a small way for I have seen Singapore prices rise since 1990, naturally with cyclical fluctuations.Your 2015.75 year target is 26 years — can you indicate a correction period that corresponds thereto? FYI— the top of the market is currently sluggish but  outlying areas are better and so the gap […]

    U.S. agents have shut down what became known as the Silk Road Bitcoin Site where hackers and drug dealers sold their illegal wares using Bitcoins, and arrested founder Ross William Ulbricht this week on charges of money laundering, conspiracy to commit drug trafficking and other crimes. The government is after Bitcoin and focus on […]

COMMENT: “If the price of gold goes below $800, it will only be the comex paper price. At that price the demand for physical gold from Asia will be literally unlimited.” BM REPLY: The price of gold on COMEX is real no matter what people say for the physical price will still trade at that […]

It was under Jimmy Carter in 1978 that the structure of government funding and reporting was changed. Previously, each agency had to apply every year for their budget. Then, to save time, Carter indexed them to CPI. When the CPI took off dramatically into 1980, the cost of government exploded. Now Republican leaders in the […]

Gold has tumbled sharply and the bearish decline still appears to be moving in full pace. The nonsense put out about gold as a hedge against inflation and the coming hyperinflation trapped a lot of people in the yellow metal. However, I have been warning that we face deflation not inflation and with the $2 […]

In the Dow Jones Industrials, the index would only yield a sell signal on a month-end closing below 13890. On the Cash S&P500 we are looking at 1340 for a sell signal. In Gold we need a month-end close above 1620 and a sell signal comes in below 1321. In Silver we need a closing […]

I cannot emphasize how serious a situation we are in on two fronts (1) Sovereign Debt Crisis and (2) Pension Crisis. These are really global problems that are going to explode in our faces. In Europe we have the Sovereign Debt Crisis has spilled over into the banking system since banks were required to have […]