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NYSE Closed 1914 – Was it Fear of Liquidation or Capital Flows?

QUESTION: I read that during World War I they closed the stock exchange for several months. Do you think this will take place again? I see few people quote you because you have the facts and they are like Al Gore, just full of hot air. You seem to be the only reliable source so […]

Announcing Streaming & Change of Venue

The Cycles of War – Sovereign Debt – Gold Conference on Friday March 21st will be streamed around the world live. The price will be $350. We had to change the venue due to crazy unions that control Philadelphia and are destroying its economy. Apparently, there is a camera man’s union and we cannot have […]

Happy Pi Day

  We went to lunch today and we had a Chocolate Cake with “314” candles – Happy Pi Day – 2014

Global Market Watch – Pi Day – March 14th, 2014

The Global Market Watch has been posted for the close of March 14th, 2014. Global Market Watch

Gold & The Land of Confusion

Gold rallied and provided a minor weekly buy signal but has formidable resistance at the 1425 level while the gold promoters tout inflation, the Fed, war, and more hyperinflation. Their counterpart is of course CNBC in the stock market who will claim there really was no sell off only a buying opportunity as Bloomberg TV […]

US Relinquishing Control over Internet Names to Appease NSA Critics

The backlash from the NSA has led U.S. officials to symbolically announce plans to relinquish federal government control over the administration of the Internet domain names, a move that pleased international critics. However, this has alarmed many business leaders and others who rely on the smooth functioning of the Worldwide Web. Clearly, the pressure to […]

Is there a Global Bank Run?

The side-effect of the Obama-Putin tiff is they have set off a quiet panic around the world. Some banks even in the USA are limiting wire transfers to $2,000 and they must clear before you can send another to the same party. Russia’s ‘My Bank’ has suspended cash withdrawals temporarily. Russia itself is selling US Treasuries […]

Gold Closing today Above 1376 Bullish

I have said countless times that gold is NEVER a hedge against inflation or hyperinflation. I can show how even silver declined during the Roaring ’20s while inflation soared. This whole concept of gold and inflation is just absurd for even the Dow has outperformed gold since 1980 by nearly 17 times. As for hyperinflation, […]

Pro-Russian Ukrainian Joke of the Day

Germany to Throw in Prison People with Swiss Accounts

Uli Hoeness is the president of one of Germany’s most famous football clubs who has been put on trial and sentenced to 3.5 years in prison for tax evasion having accounts in Switzerland. Hoeness, 62, was charged with just €3.5 million ($4.87 million) but admitted to evading €28.4 million ($39.6 million) in taxes on income earned in […]