The Global Market Watch (GMW) is only an advisory tool. It is not something to trade on by itself. It is merely a system designed to be an alert. We were articulating this in the verbiage under “Pattern Recognition,” but it led to more confusion since it can be opposite of other models simply because it is purely pattern based. […]
With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]
The “remain” crowd thinks this is all over in Britain because Boris Johnson will not seek the PM position in the Tories, and this appears to be setting up for Theresa May to take the PM position. One reader wrote a rather nasty comment: “Your supposed ‘revolt’ will never materialize, as the English themselves are quietly […]
Here is our original technical projection from the 1987 low that we made while looking forward into the end of this private wave (51.6-year) target of 2032. Looking where we are right now, that is the top two price numbers showing 853315 on the bottom and 2264160 on the top. This remains our next primary […]
We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it elected the Yearly Bearish Reversal at year-end. So people have been impatient and expect instantaneous moves despite the fact we warned the euro had to go back […]
QUESTION: Marty; You always said that gold would rise with the dollar when the time was right. It is interesting to watch this unfold with the crisis in Europe. Is the time at last right? Thanks BD ANSWER: The unraveling of Europe has begun, but the crazy period still lies ahead. We have the French […]
QUESTION: I found your article on Hillary email scandal very informative. So you are saying that the financial scandals were all Hillary, not Bill? ANSWER: Correct. The Whitewater scandal was Hillary, not Bill. Bill was into sex, but Hillary was the dominant money grabber. She was the first, first lady to be involved in the […]
QUESTION: Mr. Armstrong, I attended the Berlin Conference. I must say, I am impressed. You said Europe was the problem and this is still unfolding with every passing day. I understand this was not you personally. This is the computer. It can really project the future long term. That is what you were forecasting. I […]
QUESTION: There are now stories appearing about this nine-page document calling it and ultimatum for a superstate. But they are not publishing the document. Since you may have been first to report this, do you have the document? ANSWER: Yes. Please note that this is a radical proposal that sees the “European Project” (EU) as […]
We will be doing a Video Update for the Precious Metals Report Subscribers on Friday, July 1st, 2016
