Two Presidents Walk into a Convenience Store
The people of New York were shocked when former President Donald Trump made an appearance at a bodega in Harlem amid his own court battle. Crowds of New Yorkers swarmed [...]
The Markets’ Expectations
This image ran by USA Today shows how quickly the general public assumes long-term changes in trend are at hand. The general headlines said the public lost confidence in the central banks. The public is losing confidence in everything and we should be off and running with the public to private asset shift when it moves to the political arena next year.
With the USA closed today, gold has fallen back to $1207 to retest the reversal it elected at $1209. Since we closed at 1239.40 (well above that number), you should return to retest it. There are still no indications that gold has reversed the trend. This is true also with the euro. As long as we hold 1164 in gold and 11070 in the euro on a closing basis, we have not reversed back down.
Latest Posts
Insurance is Always a Scam – Beware – They Pay NO CLAIMS in time of war
Loyds Nord Stream v (1) LIC and (2) Arch – CL-2024-000094 – Defence Switzerland-based Nord Stream AG filed a lawsuit against the insurers for refusing to compensate the company. Nord [...]
Market Talk – April 19, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 1,011.35 points or -2.66% to 37,068.35 Shanghai decreased 8.96 points or -0.29% to 3,065.26 Hang [...]
Homelessness Epidemic: the Public Sector is a Welfare Program
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/PublicSectorEmployee.Homelessness.mp4 California’s homeless crisis proves the public sector is a welfare program and political tool. The California State Auditor released a report this month that reveals California’s programs to [...]
