People thought that Quantitative Easing was a drastic increase in money supply that would be inflationary. It was not. What they do NOT look at is that because government debt in the form of bills, notes, and bonds, all can be used as collateral in a loan, the entire national debt has now become simply […]
The market talk today was not really so much of Asia when you look back from US closing terms, so therefor, we shall jump to events around midday in Europe. Earlier in the London trading day we had seen UK inflation data and the surprise 2.3% reading, especially given the previous release was at 1.8%. […]
Our Target for a turning point was February and that may indeed produce the highest monthly closing. The intraday high came on March 1st, but looking forward we are due for that correction we warned going into the April/May time period. The talk seems to be concern that Trump is being attacked on all sides […]
What newspapers are doing between the Print and Online Versions is beginning to really question their integrity and reveals why mainstream media is just not trustworthy any more. So if you Google something, it’s the online version that will come up – not the print edition. So they can print anything and then post online […]
QUESTION: Many people argue it is capitalism which is collapsing not socialism. How would your respond? ANSWER: Those people who say this is a failure of capitalism and not socialism simply are trying to come up with an excuse as to why their dreams are not coming true. Democrats champion the poor and middle class […]
When we look at the markets and try to ascertain the long-term direction, we must look at politics closely, for this holds the key. First, this is a Private Wave and that means the confidence in government is collapsing. Hence, the question for the direction of stocks, gold, interest rates, and the world economy, all […]
Asia performed reasonably well today if you neglect the Nikkei. Both the Hang Seng and Shanghai closed in positive territory, +0.8% and +0.4% respectively. The Nikkei, however, spot lit the party somewhat with a small -0.3% decline, but saw the JPY trade into the mid 112’s. The talking point Monday morning was the lack of […]
Apparently, some people have discovered the Exchange Stabilization Fund and are now touting this as some major power in manipulating the world economy. This is simply an emergency reserve fund of the US Treasury Department, which is typically used for foreign exchange intervention. This arrangement really goes back to the birth of the G5 and is […]
QUESTION: I have a question regarding cycles. You provide some very detailed, historic references showing why certain events are occurring now (again). Is there a disposition for something that occurred in the past to be destined re-occur for a particular region/country (i.e. Greeks abandoning property due to excessive taxation) because it happened once and now […]
The New York Times print story on the front page of January 20th, 2017 read: “Wiretapped Data Used in Inquiry of Trump Aides”. Of course now, the New York Times is trying to downplay that story simply because Trump said Obama had wiretapped his campaign. Since “wiretapped data” was being used to investigate President Trump’s […]
