PROTOCOLS   PROTOCOL ON THE ACQUISITION OF PROPERTY IN DENMARK THE HIGH CONTRACTING PARTIES, DESIRING to settle certain particular problems relating to Denmark, HAVING AGREED UPON the following provision, which shall be annexed to the Treaty establishing the European Community: Notwithstanding the provisions of this Treaty, Denmark may maintain the existing legislation on the […]

  TITLE IV PROVISIONS AMENDING THE TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY   ARTICLE 1 The Treaty establishing European Atomic Energy Community shall be amended in accordance with the provisions of the Article.   1) Article 3 shall be replaced by the following: “ARTICLE 3 1. The tasks entrusted to the Community shall be […]

  TITLE III PROVISIONS AMENDING THE TREATY ESTABLISHING THE EUROPEAN COAL AND STEEL COMMUNITY   ARTICLE H The Treaty establishing the European Coal and Steel Community shall be amended in accordance with the provisions of this Article.   1) Article 7 shall be replaced by the following: “ARTICLE 7 The institutions of the Community shall […]

  TITLE II (Part II) PROVISIONS AMENDING THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY WITH A VIEW TO ESTABLISHING THE EUROPEAN COMMUNITY ARTICLE 109k 1. If the decision has been taken to set the date in accordance with Article 109j(3), the Council shall, on the basis of its recommendation referred to in Article 109j(2), acting […]

QUESTION: Can you please comment on the following. I hear incessant talk about the market being supported by Bernanke.  The Fed gets the credit for the market going up.  (And when it goes down for not doing enough).    How much truth is there in this mantra?   How much is the Fed actually affecting stock prices by […]

The 1987 Crash The 1987 Crash also became known as Black Monday referring to Monday October 19th, 1987. It was a fateful day when the US stock market crashed, creating a wave of confusion as capital and government failed to grasp the real underpinnings of currency. The 1987 Crash came precisely to the day on […]

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 […]

The Euro peaked in two weeks, fell back, and has rallied into this week. Nonetheless, key resistance still remains unchanged in the 13400 zone and the turning points are the weeks of 05/06 and 05/20. The top of the channel for resistance we warned about was in the 13400 level which has not been reached […]

Apple sells $17 billion in bonds in record deal on Tuesday to initiate dividends and to buy-back shares because the stock has crashed. Buying stock is an investment. When companies buy back shares to placate investors, historically it is the beginning of the end. Many companies did that during the early days of the Great […]