Based on the fact that the majority of big money trades fundamentally, we should expect the overall trend of the euro to rally against the pound. We can see that the euro has been strong, rising sharply, and we may yet see a further rally. Keep in mind that the LONG-TERM projections are bearish for […]
Todays Asian equity weakness was both a spill-over from the weak Friday sessions but also strength in the JPY. From the opening bell we saw the Nikkei off over 1.5% and it literally could not recover. Among the areas that suffered most were exporters with losses around 4% for Nissan, Toyota and Sony. With BOJ […]
The propaganda to keep Britain in the EU is highly dangerous and an outright fraud upon the British people. 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 […]
We provided this chart in our BREXIT Report which says it all. For all the scare mongering how Britain will be worse off if it leaves the EU, this chart demonstrates how the politicians are lying. Britain has seen only declining economic growth since it joined the EU and these are the British government’s own […]
German Finance Minister Schäuble is touted to replace Merkel. Like other politicians of his age, he too is just in a state of denial. Despite the fact that 2/3 of Germans are fed up with Merkel over the immigration issue, Schäuble is calling for more immigration into Europe. Otherwise, Europe will “degenerate into [an] inbred” continent. Once a […]
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I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows. This is the most shorted market ever. Yet, the chart pattern defies all their selling. This is setting itself up for the pop to the upside because the selling […]
A British protester tries to set fire to EU Flag, but because of EU regulations prohibiting flammable material, he cannot complete his protest.
The British Royal Mint is looking to sell more of its gold reserves in the form of gold bars for pension funds for the first time. They are charging 1% to store it and then they want VAT tax on top of it all. They are selling 100 g or 1 kg bars. The problem, of […]
