Gold needs a closing ABOVE 1254.50 to signal a rally. A closing below 1225 would warn of a decline. Between these two numbers is still neutral. In Silver we nee a daily closing above 1551 on a daily basis to signal a rally but a closing above 1531 today will keep silver in a neutral […]
The talk is a flurry in Washington and the plan seems to be centered around a brokered convention in the Republican camp. Ted Cruz is disliked and they hate Trump to the core. According to the talk in circulation, it is between Mitt Romney or Paul Ryan being drafted as the Republican nominee. The elite […]
Two members of France’s far-right leader Marine Le Pen’s entourage are being used to try to stop Le Pen from overturning Hollande. This is similar to what they are trying to do to Putin. According to the Panama Papers, two members of Le Pen’s entourage allegedly moved hundreds of thousands of euros by way of […]
The Independent has reported that the police in Cologne, Germany, who were investigating the New Year’s Eve Muslim refugee attack were told to remove the word “rape” from all reports. The initial reported stated that incidents of “rape, sexual harassment, thefts, committed by a large group of foreign people” occurred on the night of the attack. […]
The Federal Reserve has called an expedited closed meeting of the board of governors on Monday, April 11, 2016, at 11:30 AM.
The main topic again last night was the magnitude of the advancing Yen. Despite a convincing break below the 109 (and 108 in European trading) the Nikkei only managed to hold ground to show a modest (0.22%) gain on the day. The Shanghai fell over 1.3% overnight and only just managed to hold the psychological […]
Some people were surprised that I wrote that the USA paid off its debt under Andrew Jackson. What you have to understand is that the debt was effectively a deal between Jefferson and Hamilton. Jefferson forced an agreement that debt had to be paid off and the capitol would be put next to Virginia which became Washington, […]
Greek TV The fact that this movie is appearing on national television in Europe and even in Canada, but not the United States, demonstrates how there really is no free media. Even Jeff Deist of Mises Institute wrote: “Martin Armstrong is one of the most famous economic forecasters alive, but you wouldn’t know it after […]
In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators. Italy’s government had to address the plight of Italian banks which now seems to be significant as both houses of parliament voted to create a state fund for bad loans. On Tuesday, the government announced that they planned to fund the money […]
