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North Korea – Cycles of War

Even Castro came out warning the 30 year old rash leader of North Korea against war. We tend to judge people by ourselves and assume since war is illogical that [...]

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Euro Closed 12994

The Euro closed at 5PM NY Time at 12994 2 ticks below the closing resistance target of 12996. The Euro will find resistance at 13007 early next week with support at [...]

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Euro

Resistance for next week will be at the 13007 level. If we close below that today, the Euro will retest the mid 12900 area then move up into the week of 4/15. A [...]

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Offshore Accounts Exposed in Massive Leak

A truly massive amount of names of people who have accounts offshore has been obtained and is up there now with the Hunt for Red October. Germans, Italians, [...]

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China’s External Debt in Euros Drops to below 7%

In terms of currency structure, China’s debt in U.S. dollars accounted for 77.83 percent of the [...]

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Pension Funds Can Be Reduced in Bankruptcy

One of the important developments is the Stockton, California bankruptcy. The jurisdiction for bankruptcy is federal court, not state. This is rather significant [...]

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North Korea & Russia Joining Forces?

The barbarians knew when to invade Rome because it had weakened its own economy. The real risk to Europe and the USA is the Sovereign Debt Crisis. Russia can smell [...]

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Euro Rallies on Technicals

Next two weeks remain the cyclical target for a turning point. After making a new intraday low at 12744, the Euro is a bit over done and should rally back to retest [...]

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French President Hiding Money?

In France a financial scandal is now threatening to bring down President Francois Hollande, since it emerged that his former Socialist Party treasurer invested in [...]

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Just Astonishing

I guess politicians today are not familiar with Euclid. It is just beyond belief but did you know that if x = y and y = z then guess what? It is just astonishing, [...]

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