Just One More Regulation Will  Fix That! Obama’s regulation binge has impacted every sector. This is a man that clearly believes in government regulating everything just like Russia and China use to. In the EPA, he has done everything under the assumption man has created global warming ignoring ice core samples that prove the energy […]

A reader wrote: “Martin’s latest post says real estate will rise, but a chart posted a week ago predicts dire things for real estate after 2015.  Which is it? Can you ask him please!” Real Estate is the most difficult to talk about because it is so diverse lacking a single market. My post saying […]

Obama keeps turning to speaking engagements blasting the Republicans and refuses to negotiate with them despite the poles show that 59% now believe he should be staying in Washington. There is another agenda going on that is becoming very obvious to real political observers. Obama is pushing the  gun controls and more taxes in order […]

Everything as far as strategy is concerned depends upon your position. Those who have physical coin it is more difficult to sell and buy than to hold. Traders must go with the trend. If you have tons of physical, then you should be a hedger. Gold has not BROKEN yet. It is in serious trouble […]

Gold closed on Friday at 1574.8. The major support is highlighted by the Monthly Bearish Reversals at 15470, 15410, and 15320. This is the critical support and a monthly closing beneath these three reversals will confirm we should retest the 1160 area. A minor Monthly Bullish stands at 17580. The next two Weekly Bearish Reversals are […]

The key support on the weekly level in gold lies at 15795. A weekly closing below that will  eventually be followed with a test of the 14100 to 14600 level. This is the bottom of the channel where gold should eventually test. The time for a rally in gold remains after 2015.75. This has been […]

The high on gold on the AM London Fixing was $850 back in 1980. However, when we index this to the government CPI adjusting it for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars. This is a far more important number than all the nonsense of fiat and hyperinflation. Gold […]

  The computer is short 4 positions. The major support lies at 15795 on a weekly closing basis. Only if that gives way will we break through the bottom of this channel. Gold remain vulnerable since 2012 was 13 years up on a closing basis. Given the pervasive amount of bullishness convinced that the dollar […]

All major changes in trend come from humble beginnings. They at first appear to be just nonsense or even a irrelevant novelty. Nonetheless, they are generally slow moving trends that culminate like a bull market in an explosive phase transition going into the end. The timing is typically 23, 31, 51.6, and 72 year intervals […]

If you ever wondered why the Dow Jones has rallied when all these domestic forecasters predict the collapse of the dollar and the Dow, the simple truth is they are so biased and married to this scenario of 1929 that they cannot see the nose in front of their face. They fail to grasp that […]