The economic prospects for Europe are impossible to return to any real recovery. We are looking at a long-depression for Europe that will not bottom for 23-26 years from the 2007 peak making this turn only with the end of the current Private Wave in 2032.95. German politicians cannot grasp that imposing austerity that has […]

There has been a major effort to hunt down offshore accounts by all governments. They do not see what they are doing to the world economy how they are closing it down and how that will lead to a massive global economic implosion. Everything that built civilization is being torn apart. A joint investigation by […]

The whole idea of “socialism” is based upon the same theory that led to the overthrow of the Shah and the birth of Islamic Radicalism in 1979. What is the connection? Both hold that the private sector cannot be trusted and that the state should manage the economy. In Iran, it became the religious clerics […]

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 […]

I can think of nothing more than the single greatest nonsense that has frustrated me for decades – the MYTH of the ONE-SIDED TRADE. As I have stated at seminars around the world, there is this prevailing myth of some HUGE short position that forces the market down. In gold, there is the mythical short […]

The German Finance Minister Wolfgang Schaeuble wants to globalize tax collection with greater international cooperation to hunt down everyone and everything. He says government (ECB) has done everything right! This is the deflationary side. Yes, on the one hand they monetize and the other they reduce disposable income furthering recession. This is ALWAYS how empires die. […]

There are gold promoters who made outrageously false advertisements on TV that are just astonishing. They primary theme is somehow gold rises because of monetization and the Fed. They tout the US national debt is $17 trillion and paper money will fall to dust. When you do simple correlations, you see that the claims are […]

One of the solid rumors behind the curtain that has sparked even movement of gold supplies as some are now leaving for even Asia, is Europe is moving toward global taxation and is starting a “money laundering” investigation, which means simply people who they think owe taxes. We will begin to see new parties start […]

Two points. (1) support for gold intraday is at the 1389 level on a 5 minute bar closing basis. a special report will go out to the Metals Report Clients only to prevent a GENERAL broadcast that would be disseminated to just anyone. (2) The Euro decision to confiscate assets in the banks WAS discussed […]