“The Forecaster” (l’Oracle) made national TV in France and was played when Finance Minister Michel Sapin appeared on air. The host asked Sapin directly about the business cycle. While Sapin claimed nobody can forecast, he then proceeded to forecast that the French economy would boom next year, posting a 1.5% growth rate. Now Moody’s downgraded […]

The cycles and oscillators still suggest a three-day bounce into Thursday. We would need a daily closing back above 16461 to suggest that the low will hold at least temporarily. Then we should retest the support. This is where it will become critical going into Monday that we hold this week’s low. If we break and close August […]

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 […]

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 […]

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 […]

Why have gold investors taken flight from gold as it falls from grace? The sophistry that has fueled gold is being exposed. The gold promoters spun their latest tale by raising unrealistic high hopes for China as their savior as they were buying gold and would use it to back their currency. They tout that […]

In a 1958 speech to the Radio and Television News Directors Association, veteran CBS journalist Edward R. Murrow told a room full of TV executives, “We are currently wealthy, fat, comfortable and complacent.” Murrow produced a series of reports that helped lead to the censure of Senator Joseph McCarthy and his trumped up witch hunt for communists, […]

The problem with gold has been the gold promoters who use sophistry to sell their product, convincing so many people to lose everything they invest. The hate mail has started again, claiming I am “bashing the gold bugs” as if this were a sport. Sadly, this illustrates how there will always be those who go down with […]

I have been stating all along that attempting to forecast gold in isolation is the equivalent of summoning a witch doctor for cancer. Everything in this world is connected. Civilization unfolds as a synergy of people coming together and the sum is greater than the individual parts. This too, is what government is tearing apart […]

We have reduced the Solution Conference to a 90 minute version for the general public. This is a review of what we can do to begin the reform, along with what it must take into consideration to save our future from the disaster created by government defaults, and their hunt for taxes everywhere.