Blog/Basic Concepts

Why Many Economists Refuse to Believe That the Future Can Be Forecasted

When I was in school, it became obvious that there were real sciences, and then there were “social sciences” based on opinions. In physics class, you [...]

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You Can Do Anything If You Do Not Think of the Consequences

I had a very interesting discussion with a top investigative journalist in Germany who was different from most. The journalist inquired, “How could you advise on [...]

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Nyenrode University

Yesterday, I spoke by invitation at the prestigious Dutch Nyenrode Business University, situated on a 13th century estate with its own genuine castle, moat, and [...]

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Fractional v Transactional Banking

It is amazing how some people still do not understand. Some of the nasty comments we receive typically talk about gold, arguing that gold is money – nothing else [...]

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How to Read the Forecast Array

The top line is the composite of all 72 models. You can see clearly that there is a choppy but declining trend into May 2015. From May onward, there would be a [...]

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Math Problem Solved – Child Uses Natural Political Logic

This is how a child solved a math problem. Clearly, this is a gifted child who could rise rapidly to lead some nation somewhere. We just have to figure out [...]

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Why Do Most Computer Models Fail?

Computer models typically fail for the same reason why human forecasting from a gut personal perspective becomes a joke. In both cases, if there is no experience [...]

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Wash Trades & Manipulation

QUESTION: Marty; How effective are Wash Trades in manipulating markets? There are people now suggesting that gold has been suppressed because of wash trades. [...]

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Understanding a New World Order in Economics Is Possible

I have been doing a lot of interviews in Germany, from TV and radio, to newspapers and magazines. It is clear that they are starting to get the message that this is [...]

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