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The Dollar Rally – From the Japanese Perspective

The Japanese yen has peaked against the dollar. The dollar in fact elected a YEARLY Bullish Reversal at the end of 2014. This is yet another confirmation that we are facing a strong dollar ahead, ushering in this age of DEFLATION, which should start to hit in the USA after October. This is impacting everything, not the least of […]

Does China’s Devaluation Reduce the Odds of the Fed Raising Rates?

Does China’s devaluation reduce the odds of the Fed raising rates? Some people assume that is the case. However, the Fed is in a box and unless they raise rates, the next crisis in pensions will wipe out far more than most people anticipate. True, everyone from the IMF to most other countries are begging the Fed […]

Dubai & the Middle East

The general perception that Middle Eastern countries are flush with cash and deliberately try to keep oil down to harm Iran when it begins to sell is rather childish. Budgets rose and became bloated. Gasoline prices even rose in the United Arab Emirates (UAE). Dubai stocks fell to the lowest in more than two months, […]

The Flight to Quality – Right on Target

China’s devaluation of the yuan has helped to complete the cycle for the bubble in government. One of the major repercussions of the turmoil caused by China’s currency move has been that investors are running for the flight to quality as we have warned. German 2yr bonds have hit new record lows with negative yields edging […]

Gold – Losing Its Mobility

One of the greatest advantages of gold throughout history was the fact that it was independent of government and movable. Today, the hunt for taxes by government has been expanded to all forms of wealth. Above is the entry form for India. Not only is gold specifically listed, it is listed in jewelry form, and […]

China & the Dollar

The dollar rally and the devaluation of the yuan is not a fluke and it most certainly is not a one-time event. The dollar declined against the yuan for 19 years during the same timing that saw gold decline from 1980 to 1999. The major low on an annual closing basis at 2013 and 2014 was an outside reversal […]

Money Laundering & Gold

I have warned that if you are going to buy gold, make sure it is common date $20, $10, or $5 gold coins since bullion is going to become a dirty word. As of April 1, 2015, Chase Bank in the U.S. is advising its clients who rent safe deposit boxes that they may not […]

The Next Two Months

The next two months going into September will be both interesting and critical. The NASDAQ Composite made new highs in July, but the S&P500 and the Dow Jones Industrials failed to exceed May highs. The general consensus is that there will be a rate hike in September and another in December, so if we back-off from […]

NSA: A Tax & Economics Espionage Agency

Anyone who thinks this is about terrorism is pathetically naive. The NSA is a top-notch Tax & Economic Espionage (TEE) organization; with terrorism so low on the agenda, it is laughable. You do not collect every phone call worldwide of billions of people to sort out even 100 terrorists. They store all that data and can input your name and […]

The Risk of Real Estate – Forget Derivative & Fiat

The asset class within tangible assets in the immovable category is none other than real estate. This greatly varies from one location to the next. We face two main problems with real estate because we are facing a major Sovereign Debt Crisis. First is the fact we have a problem with leverage reflected within interest rates. While many tout […]