Author: Clive Maund

DEFLATION RULES! – because periodic recessions, necessary to rebalance the economy after periods of growth, cannot be put off forever by the short-term expedient of printing money. The result of such corrupt and evasive practices is that the deflationary forces build up to catastrophic and overwhelming proportions leading to economic collapse and depression. This is the point that we have arrived at now. Why can’t governments keep the game going indefinitely by printing more and more money? – because the debt grows and grows until it becomes apparent even to dull-witted bond / Treasury holders that they are never going … Continue reading →

Don’t be fooled by the new highs in the flagship US stock indices that are being trumpeted on Wall St as a sign of strength – the internals of the market are terrible and getting worse, and one big sign of impending trouble is the Dow Theory non-confirmation of these new highs by other key indices. First we will see how the S&P500 looks on its charts before moving on to consideration of other key indices. On the 1-year chart for the S&P500 index we can readily see that the breakout to new highs was marginal, on weak volume, and … Continue reading →