Euro & the Carry Trade

QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position … Continue reading

Latest Posts

Market Talk – May 8, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 148.97 points or 0.41% to 36,928.63 • Shanghai increased 9.33 points or 0.28% to 3,352.00 [...]
Read more

It is Not Always What it Seems

I have stated that the first WTC terrorists drew the Twin Towers with planes going into them in advance of 9/11. I have also said in conversations with Bill Kristol [...]
Read more