Only in France is something so Socialistic-Draconian even possible. The French solution to rising unemployment, they have on Tuesday passed a law making it illegal for any company to close its doors as long as it is remotely profitable. I suppose this prohibits you from retiring and you must live forever while you’re at it. […]

QUESTION: I can confirm your post today in a small way for I have seen Singapore prices rise since 1990, naturally with cyclical fluctuations.Your 2015.75 year target is 26 years — can you indicate a correction period that corresponds thereto? FYI— the top of the market is currently sluggish but  outlying areas are better and so the gap […]

    U.S. agents have shut down what became known as the Silk Road Bitcoin Site where hackers and drug dealers sold their illegal wares using Bitcoins, and arrested founder Ross William Ulbricht this week on charges of money laundering, conspiracy to commit drug trafficking and other crimes. The government is after Bitcoin and focus on […]

It is time we stop taking Prozac to make it appear normal. The more things change, the more they very much remain the same. There are trends that exist in everything. There have been discoveries such as the Cocaine Mummies of Egypt that demonstrate the history of humankind has been created within prejudices that bind our […]

The Italian prosecutors are now seeking the criminal indictment of J.P. Morgan Chase & Co for its role in causing the economic problems in the world’s oldest bank in Sienna in the Paschi-Antonveneta deal. It is about time the bankers are made to answer for the nonsense they have been creating.

The real “Men in Black” who oversee the US government, the European troika of the IMF, ECB and EU who blew up Greece , Ireland, Iceland and are still working on Portugal, Spain, Italy and Austria (just to mention a few), are warning Obama that he better not default on the debt for political gamesmanship. […]

Almost two years ago Warren Buffett called India the “dream market” and now the economic growth collapsed to a snail’s pace and the nation’s debt ratings are at risk of being cut to junk. Consequently, India has been obsessed with their current account deficit failing to grasp the idea that capital investment inflows result in outflows of […]

COMMENT: “If the price of gold goes below $800, it will only be the comex paper price. At that price the demand for physical gold from Asia will be literally unlimited.” BM REPLY: The price of gold on COMEX is real no matter what people say for the physical price will still trade at that […]

Finally, the political pressure is building to bring some sort of criminal charge against a New York Bank. The Justice Department has been pursuing criminal charges against J.P. Morgan & Co regarding the sale of mortgage securities that the allegation is based on information from an inside person from the bank. The gist of this will […]

It was under Jimmy Carter in 1978 that the structure of government funding and reporting was changed. Previously, each agency had to apply every year for their budget. Then, to save time, Carter indexed them to CPI. When the CPI took off dramatically into 1980, the cost of government exploded. Now Republican leaders in the […]