Nikkei opened well and also saw a retracement of the JPY, but unfortunately, other Asian indices did not follow suit. Having seen a 0.5% gain in the first hour of trading, we spent the rest of the day drifting back to almost unchanged. Shanghai and Hang Seng, meanwhile, were hit from the opening and really […]
COMMENT: Marty, well it looks like you have done it. The central banks are going to start raising interest rates right in line with your model. It is interesting how your computer puts the entire world before you to see. Keep up the good work. They obviously are starting to follow you. SS REPLY: I […]
QUESTION: Dear Martin and co-workers, Firstly, I want to express my appreciation for the writings at the blog (it opened my eyes! and I am very much awake now) and I read a daily. I am a stay-at-home-mother, artist, and I had never before gained knowledge about economics , it’s corruptive nature, and leading role in […]
I have warned that Illinois is on the brink of bankruptcy. Now, Illinois Comptroller Leslie Geissler Munger says she will delay monthly paychecks for lawmakers and statewide officials since there isn’t enough money to pay the state’s bills and other services should come first. This is really interesting. What will happen next when the politicians cannot get […]
We are in one of the most dangerous periods in many markets from metals and stocks to currencies and bonds. Many people end up buying highs and selling lows because they trade emotionally. They assume if something rallies one day that the trend has changed. If you want to survive your own trading decisions, you […]
QUESTION: Mr. Armstrong; You have stood up against the bankers for their manipulations when nobody else would do so and paid the price that these people who hate you never acknowledge. They even made a movie about you for standing up to these bankers yet these goldbugs do hate you for exposing their rantings. If […]
COMMENT: Mr. Armstrong, I happen to be an anti-trust lawyer. Your piece on the airlines was on point. I am also interested in the precious metals. Recently, one of the “promoters” said you did not know anything about anti-trust. That to me proved these people just say anything and lack the integrity or knowledge about […]
We have provided an update on the metals in the private blog
