Bank of England QUESTIONS: What is behind the forecast concerning the pound? ANSWER: We are still investigating. Much is not public information. Internal governmental sources put Bank of England monetization of new debt at or near 90-100% compared to US at about 62%. This is NOT yet confirmed. The source is high internal government […]

Well that post has brought tons of emails from those in the engineering world. Glad the light has gone off. We need to turn it on in government. One comment wrote: When you discuss containing velocity of the markets and changing the velocity do you refer to increasing the speed of the implosion and or […]

Because governments are trying to hunt down the “rich” in their desperate move for money, they are really destroying the world economy. A European cannot open an account at Merrill Lynch with a broker he personally knows in the USA. Any foreign customer must trade exclusively through their “international” desk. Why? So they can report on whatever […]

The economic prospects for Europe are impossible to return to any real recovery. We are looking at a long-depression for Europe that will not bottom for 23-26 years from the 2007 peak making this turn only with the end of the current Private Wave in 2032.95. German politicians cannot grasp that imposing austerity that has […]

There has been a major effort to hunt down offshore accounts by all governments. They do not see what they are doing to the world economy how they are closing it down and how that will lead to a massive global economic implosion. Everything that built civilization is being torn apart. A joint investigation by […]

The whole idea of “socialism” is based upon the same theory that led to the overthrow of the Shah and the birth of Islamic Radicalism in 1979. What is the connection? Both hold that the private sector cannot be trusted and that the state should manage the economy. In Iran, it became the religious clerics […]

Is there gold in Fort Knox? That question is completely irrelevant. Why? Will it really make a difference? The stories of no gold in the vault are just spun by people so desperate to support a gold bull market it is just crazy. I was given a tour of the NY Fed years ago and […]

Land Auction Great Depression The Gallup Poll is out surveying the investment sentiment of American investors. Gold has held that top slot up until now. Gold has now fallen for the first time to the second position as investors return to the old historical investment sector – real estate. Even in Europe people are starting […]

I can think of nothing more than the single greatest nonsense that has frustrated me for decades – the MYTH of the ONE-SIDED TRADE. As I have stated at seminars around the world, there is this prevailing myth of some HUGE short position that forces the market down. In gold, there is the mythical short […]

The German Finance Minister Wolfgang Schaeuble wants to globalize tax collection with greater international cooperation to hunt down everyone and everything. He says government (ECB) has done everything right! This is the deflationary side. Yes, on the one hand they monetize and the other they reduce disposable income furthering recession. This is ALWAYS how empires die. […]