Asian equity markets open with lots of talk around the Chinese National Peoples Congress and the idea that GDP will now be an indicative target range (6.5 – 7%). The Shanghai opened over 1% firmer but did lose that as we headed into the afternoon session, only to recover and close up +0.85%. The PBOC […]
Part I of the “2016 Gold Report” is now available. In this report, you will find the most extensive review and explanation on the gold benchmarks with charts dating back to the 1970s, illustrating their performance and how cycle inversions unfold. In addition to this year’s report, we have provided a special video on gold […]
QUESTION: Hi Mr. Armstrong, Some of your readers, me included, wonder how the Dow is going to get to 23,000 or more, especially as we go through an economic slowdown. This would suggest a P/E of around 23 or higher. Is the common thinking that would accompany such a move similar to past manias (tulipmania, […]
Plotting earthquakes in California for the “big one” is difficult due to the lack of historical data prior to 1857. From that point forward, the frequency appears to line up with the 8.6-year pi cycle insofar as the three major events — 1857, 1906, and 1989 — follow about 43-year (half-8.6) cycle. This is time period […]
