Archive

Market Talk – February 2, 2016

February 2, 2016

Once again, oil influenced markets around the world. Having dropped 6% yesterday, we were confronted with another 5.5% drop in prices today, closing below the psychological $30 level. Shanghai was the exception in Asia (closing up 2.3%) but this was … →

USA: Where Politicians Are Free to Rig the Game

February 2, 2016

As to be expected, the Republicans are up to dirty tricks to try to prevent Trump from being the candidate. After the Iowa Caucus, reports are surfacing from volunteers who say that their precincts were being combined into one large … →

More Delusional Gold Theories?

February 2, 2016

1931 COMMENT: Every gold analyst says you are wrong and that gold stocks rose during the Great Depression as the only hedge. Would you care to comment. I bet not. REPLY: Some of these people are not interested in the … →

Cruz takes Iowa; Hillary in Dead Heat

February 2, 2016

The vote is in and Senator Ted Cruz has come out on top in the presidential caucuses in Iowa, beating Donald Trump. The Democratic vote resulted in a virtual dead heat between Hillary Clinton and Bernie Sanders. Iowa, unfortunately, always votes … →

Gold/Oil Ratio: Is It Really Making Record Highs?

February 2, 2016

QUESTION: Mr. Armstrong, Mining ran a chart of the gold/oil ratio pointing out that conventional wisdom has placed the two together on the theory that rising oil prices push up inflation increasing demand for gold as a hedge. You have … →