These politicians are lawyers – not economists. Lawyers are trained NOT so much in how to comply with the law, but how to avoid it. When Bill Clinton was under deposition he asked what was the definition of “is”. People laughed at that. But this is how a legal background works. It is word-smithing. You […]

We still see the A$ declining with the commodity cycle. The rise is likely after 2015.75. For now the major resistance stands at the Monthly Bullish Reversals at 12366 and 13804. The interesting aspect is that the dollar peaked on August 5th at 11299. The Daily Bearish to watch lies at 10713. A minor Daily […]

The US Economy is emerging as the center of economic growth in the world. US growth in the latest readings shows an annual 1.7% growth rate while Japan’s economy advanced at 2.6% due to the decline in the yen as Investors in Emerging Markets have seen things get much worse right down to rising civil unrest in […]

What I have been writing about may seem extreme to some Americans. But in Europe where the economic decline is in full bloom, the “Handelsblatt – Germany”, the leading newspaper on business, has come out with an article entitled The Silent Expropriation  (Die stille Enteignung). This is the most respected newspaper so it is not the lunatic […]

A number of people have asked what can we do about losing our rights. I believe there is nothing we actually can do until the majority get upset. That may be what the 2016 Presidential elections are about. Political Change only comes when the economy turns down. The old adage – if it ain’t broke […]

Major Highs are always spike events that mark the exhaustive extreme. To illustrate this point, raise your arm straight out above your head. Keep it there. Soon you will run out of energy and your arm will become so heavy you can no longer keep it straight up in the air. Markets are the same. […]

Just as they say there is the calm before the storm, there is always the false move before the breakout. As we approach the midpoint on the Economic Confidence Model August 7th, which is curiously 31.4 days from the low, we should keep in mind that this is the midpoint and not the climax peak. […]

A number of people have asked: What do you expect after 2015.75? Is it possible that the shift in capital after the turning point would be an early move back into gold? That you so much for explaining hyperinflation and deflation. People do not appreciate how economic shocks are always followed by economic reforms. The […]

When the founders of the United States put pen to paper, they outlawed DIRECT TAXATION to preserve liberty. The American Revolution slogan was NO TAXATION WITHOUT REPRESENTATION. Now G20 backs new tax transparency plan that will be the fatal blow to the world economy. The new tax reform action plan has won the support of the G20, […]

QUESTION: ” But keep in mind that the major event should be later 2015 – not right now.” Could you please explain with more details these important words? ANSWER: The 1987 Crash was just that on the mid-term turning point with the crash unfolding, but that was short-lived and not a sustained change in trend qualifying it as a minor rather than […]