I would like to thank everyone for participating. This event may have been the largest financial conference in history with more than 5,000 attending from 47 countries. If everyone watched bringing just one friend, then we probably exceeded 10,000. The whole purpose of this event was to start the ball rolling with a discussion […]

  Well the Press is fully in bed with government and are advocating eliminating cash because someone broke into an ATM. Using this logic, we should all walk around naked as well and then we do not need the TSA to search us for obviously we could not hide a weapon. This is how it […]

The latest scandal is the DEA sex parties. Let me state this right now. EVERY drug dealer who had serious cash in NYC federal prison stated bluntly the amount of money reported as confiscated was about 50% of the real number. When they told their court-appointed lawyers, as corrupt as anyone can be, they said […]

The reaction rally in the markets appears to be unfolding on schedule. From the broader perspective, a corrective process in equities will send the residual cash into bonds and this may help create the final bubble top in interest rate markets. This should materialize with a correction in the dollar and that pop in the […]

  Tthe IMF said it is introducing a floor of 0.05 percent for the interest rate on Special Drawing Rights (SDRs). The IMF’s move shows how global financial conditions are heading into never-never-land. Just how are these governments going to handle the Great Recession? Will rates go to -10% to achieve stimulus? What they do not […]

France is calling it “low-cost terrorism” and are using the the recent attacks that they claim did not cost very much the reason to now track movement of gold, make it illegal to pay for anything in cash more than €1,000, and anyone trying to withdraw more than €10,000 in a single month in total will […]

The Quantity Theory of Money that an increase in supply should result in a decrease in its purchasing power (inflation) is being seriously questioned behind the curtain. The simplistic idea is starting to be exposed as an ancient myth. It is interesting how many phone calls are coming in from around the world as people […]

History is all about amazing connections between ideas and events that become reality. We far too often forget our origins of customs and terms. For example, New Jersey is named after Julius Caesar – Nova Caesaria (land of the new Caesar). A Caesarian birth is named after how he was born and of course July […]

COMMENT: Dear Martin, Interesting read on the London traders post today. I’ve always traded from home primarily in mid cap equities. This last year has seen the steady decline of liquidity in small and mid cap stocks as people seriously start to question which company’s will survive and which won’t. The blue chips are liquid […]

Obama signed into law the 2014 National Defense Authorization Act (NDAA), a sweeping defense policy bill, which includes some improvements in terms of civil liberties and human rights on its previous two iterations. However, a number of provisions — as in the 2012 and 2013 NDAAs still allows for indefinite detention. Most brainwashed Americans who […]