The solution we have been working on is rapidly becoming the only way out. The amount of debt keeps growing and there is just no way to resolve this mess. Either we go into a massive default wiping out all pensions, or we keep raising taxes and destroying the economy wiping out the youth and […]

About 1,000 people have besieged the American Military Base in Sicily demanding America get out with its huge antenna there. The protest began claiming this spy satellite is harmful to the health of the people. The police were called in to intervene and had to tear gas the protesters. Several 100 demonstrators stormed a U.S. military base […]

When I first came out and wrote about the “Club” and how there was an organized group of banks and some hedge funds that targeted individual markets to manipulate, they tried to pretend it was sour grapes. I had even hired Robert Howe who may have been the first African-American analyst in American History. Bob […]

This is precisely what we are talking about. The rise in unemployment will be furthered by the continued collapse in state revenue that will force reductions in state employees. In the USA, the city of Detroit filed for bankruptcy. This is the trend we face and government is honestly too stupid to see the trend […]

Most of the forecasts now target gold in the 1050 range. This generally means that we could overshoot and crack $1,000 shifting the sentiment decisively negative. This will be POSITIVE long term for just as the talking heads disbelieved the rise in the Dow even as it made new highs laughing how this time they […]

The Euro has plummeted dropping to 12900 zone. Our Daily Bearish on the spot lies at 12940. Portugal interest rates have jumped to 8% and will move higher. Austria has closed 25% of all the branches of their bank in crisis, and we are waiting for the first crack in German banks. The EU Commission […]

People are just starting to wake up that there are other people behind the curtain who just feel that they have to know everything everywhere all the time. When our model correctly forecast the collapse of the Russian economy and the London Financial Times broadcast that all over the place, things started to get dicey […]

A revelation is dawning that the excuse of the NSA looking for terrorists but taking absolutely everything, is at last causing a light to go off. European politicians realize that they are targets and the name of the game is to blackmail anyone that the NSA simply does not like. They realize that the New […]

The unemployment in Germany is rising hitting 12%. This in indicating what we have been warning about – European economic growth will turn negative in 2013. Germany turning down marks the confirmation we have been warning that deflation is the major risk not inflation, which is reflected in gold prices. This has impacted the Swiss […]

Germany is obsessed with hyperinflation just as the US is obsessed with reliving the Great Depression. Neither one even understands their own history. This interesting aspect is that despite all the press at the time, FDR did not follow the austerity advice of his Brains Trust who were lawyers. It was George Warren who saved […]