Gold elected a Monthly Bearish Reversal today at 1155. We have some support down at the 1042 level for now. Technical support for August lies at the 1029 level. We will be issuing the update on gold for those who purchased last year’s report by the end of the month to cover the downside. This […]

QUESTION: Hi Martin, I like that you are very open minded when in comes to future tech which will change the world and dogmas (like electric cars and gas becoming obsolete etc.). One of these things is also electronic money which will make physical money obsolete as well. I am just curios why you put […]

China’s move to create a yuan based contract for gold was portrayed by the gold promoters cheering this as their savior, but for all the hype, the mere fact that gold will trade in yuan was neither bullish for gold nor any means of displacing the dollar. What this development does is effectively provide a […]

Alexis Tsipras, Prime Minister of Greece, has sold his country out to the failed ideas of the euro. There is no possible way for this deal to work for it will bring only more austerity to Greece that will continue to grind its economy to a halt. Raising taxes will not create jobs and it […]

The UK is ready to ban WhatsApp thanks to the Investigatory Powers Bill, also known as “Snoopers Charter”. This new act will allow the government to ban instant messaging apps that refuse to remove end-to-end encryption. The British want to peek at what everyone is doing for taxes. They already have signs all over stating they […]

The renewed compromised has, in the eyes of the market, already been accepted and everything is back to normal and all is forgotten! Well, that is certainly how the markets have reacted today after the new austerity news broke. Of course this too will fail as the economy turns down and these politicians, who always view […]

A lot of emails have been coming in about Jade Helm, a highly secret and most controversial U.S. Special Operations exercise that created a flood of conspiracy theories about a government takeover. The Washington Post has reported that Lt. Col. Mark Lastoria, a spokesman for Army Special Operations Command, said his organization is “considering allowing a small number of journalists […]

The audacity of Christine Lagarde, who insulted the Greeks by categorizing the whole nation as tax cheats, is up there with Trump calling all Mexicans drug dealers. Lagarde said the problem was “all these people in Greece who are trying to escape tax”. This is up there with some of the most racist statements about Jews, […]

The 4th of July was indeed a major event for it set in motion the rebellion against a corrupt form of government (then known as monarchy) which was dominated by unelected bureaucrats. The American Revolution set off a contagion that manifested in Europe with the French Revolution beginning on the July 14, 1789. The first inauguration of George […]

Despite the greatest political crisis in Europe, there has been “no love for gold” according to CNBC. Indeed, this crisis does in fact warn that all the theories about gold just might be wrong and are remnants of a 60+ generation who remembers Bretton Woods. Has time and circumstance changed so much that gold is becoming obsolete? […]