The closing for the euro at 10869 provided the long-term Yearly Bearish Reversal that we have cited throughout the year: “We have Yearly Bearish Reversals at 11645 and 10365. So the 116 level will remain as reactionary resistance this year and the 10365 level is key support just below the current low of 10460.” The […]

  Last October, Poland’s opposition Law and Justice Party won the election with 37.6% of the vote, which was enough for it to govern alone. Law and Justice is a conservative Eurosceptic party led by Jaroslaw Kaczynski. Law and Justice has very strong support in poorer, rural areas. When I was in Poland, in all of my meetings, there was unprecedented rejection to joining […]

Last October, Poland’s opposition Law and Justice Party won the election with 37.6% of the vote, which was enough for it to govern alone. Law and Justice is a conservative Eurosceptic party led by Jaroslaw Kaczynski. Law and Justice has very strong support in poorer, rural areas. When I was in Poland, in all of my meetings, there was unprecedented rejection to joining the […]

The banks of Hungary and Portugal are in trouble. Larger buffers are needed and the economy has not yet moved into a full crisis mode. That is yet to come.

The mainstream media is not extensively reporting on the “experimental” bail-in that the EU imposed on Cyrus. The bail-in, that they swore would never be applied to Europe, will officially begin in January. This new power will be in the interest of taxpayers as they will no longer be forced to pay for failed banks that were […]

The EU is using the Muslim invasion and Paris attack as a means to achieve its dream of federalizing Europe. They are now moving to create a European Army, answerable only to Brussels. This has been the agenda all along. They will get there. It’s just a question of the media manipulating the public into […]

A simple year-end closing below 116.40 in the euro confirms that a broader correction is in motion; the earliest potential low is in 2018 with the potential to extend into 2021. A closing ABOVE 105.03 will suggest a brief pause, and 103.00 will be absolutely critical to support next year. Major overhead resistance will be extremely strong […]

Europe is failing. They have been pressing down upon the neck of Europe with more undemocratic authoritarian measures to maintain their jobs in Brussels. What Hitler and Napoleon could not accomplish, the EU Parliament has done with lies and stealthy maneuvers behind the curtain with the support of the press. When 2017 arrives, this will […]

A huge protest against the Europe Union has taken place in Poland. When I was there, everyone I spoke to was against joining the euro. They all said that the euro would destroy Poland as it did in Greece and the rest of Southern Europe. European Parliament President Martin Schulz (SPD) has said that the […]