Back in 1997, we warned that our computer model was forecasting that by 2016, we would see a tremendous rise in third party activity. This was our forecast back then and most said what is your computer drinking over there? The blue line in this chart showed the historical 3rd party movement and how it […]

I can think of nothing more than the single greatest nonsense that has frustrated me for decades – the MYTH of the ONE-SIDED TRADE. As I have stated at seminars around the world, there is this prevailing myth of some HUGE short position that forces the market down. In gold, there is the mythical short […]

Our World Economic Conferences are famous for being a comprehensive learning experience where people gain tremendous insight into the function of the global economy that is still never taught in university. They are two-way streets enabling participation rather than pure lecture. They always include a cocktail party to facilitate networking to meet people from around […]

Former British Prime Minister Margaret Thatcher, who was the first woman to become British prime minister of Britain, has died at the age of 87. From 1979 to 1990, she was leader of the Conservative Party and was called the “Iron Lady” for her personal and political toughness by the Russians. I doubt that many […]

Gold is still in a basing phase. The interesting thing is how some have sold this market as the single exception to everything in the world and how it can only rise. Gold is a tiny fraction within the scheme of the global economy. It really is no longer relevant for in case you haven’t […]

One reader wrote: “Congratulations. Your forecast that the Dow would make new highs from the depths of 2009 has been astonishing. You have done the same each and every time since 1987. You consistently hit the ball out of the park every time. I was at your Berlin Conference. You dedicated that conference to Milton […]

1. You have been pretty consistent in your position that gold is yet another commodity with business cycles affecting it as much as corn or copper and therefore a gold standard would never work. But wouldn’t you agree that at the least a gold standard would serve as a speed bump on government’s constant expansion […]

Wesley Clair Mitchell 1874-1948 Wesley Clair Mitchell American economist. Educated at the University of Chicago, where he was influenced by Veblen, he later taught at Chicago, California and Columbia universities. He was one of the first researchers to use statistical techniques in the investigation of economic phenomena, in particular the determination of the level of […]

Arthur Burns (1904-1987) Arthur Burns was an Australian-born American economist. Taught at Rutgers University and Columbia. In 1950, he became President of the American Economic Association has built a considerable reputation for his work on business cycles. He chaired the Council of Economic Advisers under Eisenhower and later advised Nixon in his 1960 and 1968 […]

The ultimate price of Marxism is striking its deep blow into the very heart of Western Society. We are about to learn the VERY same lesson that both Russia and China had to learn. You cannot control society through its economy by dictating prosperity. President Karolos Papoulias of Greece has come out and made a very […]