The trend in the hate mail is getting interesting. Now just the typical mantra concerns how money has to be tangible like some savings account yet investments will rise freely in terms of this money and of course wages will also rise while money is fixed and always valued the same. Not sure exactly how […]

The Dow keeps pressing higher as the talking heads keep questioning why. Gold presses lower and Gold is below the 1400 level. A closing below 1402.50 on June today for gold will keep it vulnerable to the downside. If we get to retest the 1321 area, that will be extremely bearish and warn that new […]

We are in one of the most complex conundrums in financial history. On the one hand we have vast amounts of cash that creates tremendous liquidity with interest rates at virtually zero, G7 finance ministers at least alarmed about the high level of liquidity yet it is becoming obvious even to them that monetary policy can not […]

In June Gold, a closing below 1439 will keep gold in a vulnerable position where support next week will be at the 1385-1400 level with still resistance at 1476 even becoming firmer. In silver, the support lies at 2250. A daily closing beneath that will signal new lows ahead. The day of the high for […]

QUESTION: What about the gold inventory decline. Is this not significant? ANSWER: No. The inventory at COMEX has always been volatile. Inventories rise and fall without any leading indicator to price. Supplies will shift also between London and New York. Inventories dropped sharply after 1980 as well. Manipulators often play with the inventories of all […]

Gold trades technically not fundamentally. Why there are so many gold promoters selling fundamental gibberish is amazing. To me this is suspicious. They are so desperate to get people to buy and have no regard for their financial survival. Here is SPOT gold back to 1975 on a quarterly basis. All the same fundamental nonsense […]

  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 […]