Archive

Yellen Says Interest Rates Will Go Higher

June 6, 2016

Janet Yellen’s remarks today confused the people who think the world turns on the Jobs numbers since they remain clueless with respect to the changing trend in employment. They do not take into consideration the technology shift, so they are still trying to trade from 20th-century concepts. Yellen gave an outlook of the U.S. economy […]

BREXIT v Yellen

June 6, 2016

  The debate shifted following the Jobs Report, and people now assume that the Fed will not raise rates. Hence, we have a bounce in gold and the euro. That makes no fundamental sense regarding gold since higher rates indicate inflation and lower rates warn of deflation. The real confusion has been that most only focus […]

Oil — Have We Reached the Next Turning Point?

June 6, 2016

COMMENT: MA, Someone said they sold the euro at 116 with a stop loss at 11705 and  sold gold at 1305 with a stop above last year’s high.  They earn a lot. But they not mention that your crude oil forecast is also correct! Feb 28, 2016 A daily closing above $33.60 on Monday will be a warning that […]

BREXIT Report – The Fate of Britain & Europe

June 6, 2016

On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine the fate of, not just Britain, but Europe as a whole. This special “BREXIT” report answers many of the […]

Switzerland Votes “No” on Universal Free Income for Life

June 6, 2016

Well, believe it or not, the younger generation is extremely socialistic. Just tell them they will get something for nothing and they are on board. I suppose this is what we get for telling them to pay for schooling and degrees that they cannot find a job with. n Switzerland, they pushed for an actual vote on […]

ECB Begins Buying Corporate Bonds

June 6, 2016

The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a desperate struggle against deflation. The Governing Council meeting in Vienna maintained the refinancing rate at zero and the deposit rate at -0.4 percent as a component of its […]

Comments from France

June 6, 2016

COMMENT #1:  The current protests are not “The People against the State” and therefore it is not a revolution. It is the Left (CGT union and alike) against the Left (Presidency); it is a family affair like currently between Amber Heard and Johnny Depp. When these people rioted in my street, the REAL PEOPLE on […]

Comment on Voting in BREXIT

June 6, 2016

COMMENT: Dear Martin, When I first started voting in the UK at 18, I used to take my balllot card and driving license with me for ID purposes. But to my surprise, nobody ever asked me for ID. Not even the ballot card. Then I started asking them, “Don’t you want to see my ID? […]