1780 Virginia Paper Currency Virginia Investigates Gold Backed Currency – Alternative to the Dollar There is a whirlwind surrounding the whole issue of gold back currency that has so many people confused and running around wasting a lot of time. To set the record straight, we had a gold standard under Bretton Woods set up […]

China’s ratio of current account surplus to gross domestic output (GDP) dropped to 2.6 percent in 2012, its lowest in eight years, over more balanced foreign trade, official data showed on Wednesday. The ratio was down 0.2 percentage points from 2011 and extended a falling streak since peaking at 10.1 percent in 2007, according to […]

We will be holding a 2 day World Economic Conference March 18th & 19th in Princeton, NJ, at the famous Nassau Inn downtown directly right across the street from the University and campus. Space will be limited here (no audience of 300 this time). This is the historic Inn where the founders of the United States stayed when […]

For the Japanese to ever protest it is highly unusual. Nonetheless, there is rising tension in Japan as reflected by about 200 housewives that marched down a shopping street in central Tokyo. They were protesting taxes beating pans and shouting slogans criticizing a government plan to double Japan’s 5 percent consumption tax. This tax hike in […]

One reader commented “A country with 6% of the Worlds population but Houses 25% of the Total Prison Population.” Yes, only 4% of the people in prison are violent. There are people there for shooting a moose on the Federal property without a permit. The number of doctors and lawyers in prison is shocking.  Jail […]

A reader sent this photo and comment: “To help back up your point on gun controls and access to black market arms.  The image attached is a scene from ‘Breaking Bad’ when Walt, a Methamphetamine cook, buys a Thirty-Eight Snub Nose gun, with the serial number filed off, from an underground dealer.” Obama’s laws will […]

In gold, a closing below 16960 will shift this market into a neutral position. Next month, 16700-16900 will become initial resistance.The major support lies at the 15400-15700 area. In silver the major support is in the 26-2700 level. A closing today below 3070 will keep silver in a neutral to bearish mode. Major resistance stands […]

There are two distinct trends that we have to divide and conquer to fully understand what we are dealing with (1) Parking capital and (2) Investing Capital The motives behind each are totally different and this goes in part to also the question of the “reserve” status of the dollar. There is the dollar as […]

The U.S. economy shrank from October through December for the first time since the recession ended.We are looking at the net effect of Obama’s Voodo-Economics. Yes, the US economy was hit by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. The decline occurred despite faster growth […]

Just to make it absolutely clear, within every wave, like in a bull market, there are always counter trends or corrections. There MUST be two sides in all trends be it bullish or bearish. The overall character of the present wave is a PRIVATE WAVE meaning that in such waves markets advance more rapidly and […]