An ancient Roman shipwreck has been discovered in the port of ancient Caesarea, located in Israel. The ship was full of bronze statues and coins that were destined to be melted down. The coins are from Constantine (309-337AD) and Licinius (308-324 AD). The typical bronze Follis of this period weighed 6.5 grams on average. By the end […]
A choppy session in Asia saw the Nikkei open strong but close almost unchanged while HSI and Shanghai spent the majority of the day negative only to close small positive. Focus remains on oil, currency as the JPY remains around the 110 handle, continued disappointing data and todays G7 meeting. China set the mid-point at […]
Following a strong day in the US all core Asian Indices opened firm and with the exception of Shanghai, did not look back. China could not hold on to the mornings gains and eventually closed small lower -0.25%. The Nikkei and Hang Seng produced great one day returns of 1.6% and 2.7% respectively. In late […]
COMMENT: Marty, I used your model as you have taught us. I sold the euro at 116 with a stop loss at 11705. I sold gold at 1305 with a stop above last year’s high. I can afford to buy seats at the WEC for my wife and son. Will you scream loud when it […]
It was debated at length today whether the Nikkei leads JPY or the yen leads the stock market! Either way we saw cash equities lose 0.9% today whilst the Yen rallied 0.6% only to lose that after the cash close. In late US trading we are looking at 110 handle but the Nikkei futures have […]
QUESTION: Dear Martin, First of all, thank you for your daily blogs. First thing I read every morning. I can’t wait to attend Novembers Orlando conference. My question is about the inverse relationship of Gold(precious metals) and the Dollar. Looking at historical charts it would suggest that we may continue to see a price decrease in […]
QUESTION: Marty, it looks like the goldbugs will be wrong once again and you will be right after all. I can’t wait for your technical conference. My basic technical analysis looks like we are going to break $1,000. Your target for a high in May seems spot on also in the euro. I cannot see […]
QUESTION: Did gold bottom on your first benchmark? When you say adjusted for inflation, gold should make a new high by 2023, do you mean we have to wait that long? ANSWER: We cannot ignore the fact that gold bottomed in dollars on the precise day of the target on the benchmark. However, you cannot […]
QUESTION: Mr. Armstrong; On the one hand you show the debasement of the Roman currency, but then you say there was also massive hoarding and deflation. Can you explain how do you get deflation with debasement? Thank you for the the mind food PH ANSWER: It may seem to be a paradox, but everything unfolds […]
QUESTION: Mr. Armstrong, with your 2015.75 turning point on the ECM, you said that was the peak in government and the following 4.3 years would turn down rather hard. You also said 2016 would be a strong rise in 3rd party activity and people are now talking even about Bernie running 3rd party. You said […]
