By eliminating all money government hopes to get every penny in tax. They are shutting down the global economy for Americans threatening to prosecute any foreign entity who refuses to report on what Americans are doing overseas. How can America expand into the global economy if Americans cannot operate overseas? This is part of the […]

One of the most critical aspects of why it is so important to understand history is because it is both a catalogue of solutions as well as potential threats. At the Sovereign Debt Crisis Conference today we discussed FORCED LOANS. Both the cities of Venice and Florence issued laws FORCING citizens to buy their bonds. This […]

Question: Can you clarify your statement: “German short-term rates went negative showing people were willing to pay Germany to hold their money. This is part of the whole shift in capital from PUBLIC to PRIVATE” The movement internally within Europe is is showing that capital starts to move from one currency to another as CONFIDENCE […]

Question: I understand that inflation is really the reduction in purchasing power of the $. Can you expand on your statement “Our computer is bullish long-term because gold will play catch up as all commodities tend to do. It will blast off like a rocket ONLY when everything is set.” Specifically, “when everything is SET”.  What does […]

The Gold backwardation has been distorted as all sorts of reasons for everything. Normally, this is the market condition wherein the price of a forward or futures contract is trading below the expected spot price at contract maturity. Consequently, the resulting futures or forward curve is “inverted” whereby it is negative because gold is trading […]

Britain has amazed itself as its taxes have raised nearly 50% more cash than it had expected. These tax increases on property transactions that were imposed in London over the past year has revealed the boom in London luxury residential prices. The same is taking place in New York City. What is going on is […]

We have researched absolutely everything that ever moves. We have correlated EVERYTHING and probably spent way too much money on this sort of thing than would make economic sense. But it has been a passion – a quest to figure out how things really move. Economics has assumed the world is still flat. Research approaches […]

The Roosevelt Administration’s Proposal For Voluntary Annuities   The Administration’s Proposals-   When President Roosevelt submitted his legislative package to Congress on January 17, 1935, the Administration’s proposals contained three provisions designed to provide retirement security for older Americans:   1. A System of Old Age Pensions- These were state-run welfare programs for the elderly. […]

Those who are new readers are probably unfamiliar with what I have called the Golden Rule of Reactions.  When it comes to TIMING, it is vital to understand the basic tenets of cyclical analysis. That fundamental principle is where do we draw the line between a change in trend and a mere reaction. That line […]

One reader asked: “I once, several years ago, read that the US had already printed “redbacks”, a US dollar to be used internationally; that is, the greenback would be used in the US for domestic trade and the “redback” would be used for international trade and it would have a higher value. Do you have […]