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Month: September 2016

The Preparation for Seizing Private Pensions

The pension crisis is going to be the HUGE issue in 2017. Obama is supporting about a 20% reduction in military retirement benefits. This is how such things are...

Can Illinois go Bankrupt or just Default?

There is a problem that Illinois faces. There is no actual right for a state to go bankrupt. That does not mean that no state has simply defaulted and never paid. A...

Socrates on Gold

We did not elect the Weekly Bearish last Friday. This has level the week of August 29th as the low, which was the target turning point on the array at that time....

Market Talk – September 7, 2016

The Nikkei and Shanghai both took very different directions to reach virtually the same conclusion in todays trading. The Nikkei started in negative territory...

Britain to End Freedom on Movement with EU Citizens

Prime Minister Theresa May of Britain has made it clear that Britain will not accept retaining the EU free movement of EU citizens after the exit. Even traveling...

WHY 2017 is The Threshold to Chaos

I have been warning that 2017 was the Year of Political Hell with four major referendums/elections that would undermine the confidence in government –...

Le Pen vows to hold French referendum on Leaving EU – FREXIT

Hollande is running only around a 10% approval rating. Merkel’s CDU came in third place in her home state. Things are a moving and shaking as they say in...

Market Talk – September 6th, 2016

We could be about to enter some interesting times as we settle back post holiday season. We are looking at a possible return to volatility especially after a clear...

The Infamous Labor Day Event in Markets

Of course, the 1929 high took place on September 3rd, the day everyone came back on Tuesday following the summer holidays. It has been a long-standing joke that...

Erdogan – The Rising Threat to World Stability?

President Erdogan of Turkey is clearly on a mission to raise Turkey to the old level of power such as the Ottoman Empire. As a member of NATO, he is doing really...