QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy is threatening the entire banking system of Europe? ANSWER: The bail-in policy of the IMF and ECB was directed at the idea that the rich would pay, […]
COMMENT: Mr. Armstrong; I was against BREXIT. I understand your view that Britain would be dragged under by the turmoil in Europe. I assume this is just your opinion on that matter. Are you contradicting yourself here? REPLY: No. It is not my “opinion” that perhaps Britain would be sent into an economic decline with Europe. Britain has […]
QUESTION: I have purchased over some time 500 silver coins from a coin dealer in my city of Gainesville, Florida. I don’t know if purchasing silver/gold in this manner is the most cost effective way, being that one needs to pay extra per coin purchased. Is there a better way to purchase/sell gold/silver other […]
The world economy is clearly causing the fundamentalists to flip-flop endlessly. They offer only opinions, and these are the times that will break the reasoning of men and try their very judgments. We have entered the phase where unless you comprehend capital flow analysis, you stand little chance of surviving the remaining years as we […]
Asian markets finished small mixed but is the end of what has been an impressive week for the Nikkei. Japan closing the day +0.7% and on the week closes +9%. From China we saw a host of economic data from marginal better growth (+6.7% against an expected +6.6%) and Retail Sales (for June) up 10.6% on […]
Asia resumed its charge with a strong open in the Nikkei and never really looked back from there. Throughout the day the Nikkei made steady progress finally closing +1%. Hang Seng was also strong closing over 1% higher on the day. Shanghai was the lag index for the core closing down 0.2% but was off […]
QUESTION: Marty; You do not reply just on cycles. Your Reversal System is incredible. That seems to be something nobody can match. Then you also use your proprietary technical analysis and your Global Market Watch is purely pattern recognition that is also highly unusual. So I am correct in that no single model produces the […]
Private Blog Update – Gold for July 13th, 2016
QUESTION: Marty, Given the accumulation of gold by China and other nations with large trade surpluses, along with the statements by Alan Greenspan, and the implementation of the Shanghai Gold Exchange, does this suggest that gold is being positioned to be re-introduced into the international monetary system? ANSWER: No. The statements of Greenspan seem almost […]
Having seen new highs made in the US markets overnight, Asia responded with its own rally coupled with an “Abeonomics” boost. With renewed support, Japanese Prime Minister Shinzo Abe is expected to follow through with additional measures that many claim are required to help an aligning stock market, even if that means a weakening currency. […]
