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 […]
The people who counted the votes are claiming that the Austrian election is in a dead heat. Norbert Hofer of the Freedom Party and Alexander Van der Bellen are each on 50%, according to the estimate, which includes postal votes not yet counted. The pools really put Hofer ahead, so there may be some voting counting issues […]
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 […]
QUESTION: Martin– Your models seem to predict a Trump win. Given Trump’s stated preference for low interest rates, how does that jive with rates needing to go up to normalize things and save pensions in the next year or two? Would the Fed have to give in to President Trump? Thanks! RK ANSWER: Keep two […]
QUESTION: Mr. Armstrong, it seems that there is a cycle to everything. I am starting to notice there appears to be cycles in the use of words especially in a legal context. Your piece on “discretion” is interesting how it evolves to suit the times. Money Laundering began as a drug crime and now it […]
The latest poll now places Trump ahead of Hillary 45 to 42. The storm continues to brew in the Democratic Party and our models show there should be a Republican victory. The Democrats appear to be going with Hillary who has over a 50% rating as being dishonest. On top of that, she is simply […]
The market seems happy that the JPY trades comfortable north of 110 as we saw a small 0.5% gain in the Nikkei today. Hang Seng performed better closing up over 1%. with Shanghai also closing near its highs. A quiet session to close the week but at least on a positive note. A quiet but […]
Gold has been backing off with the prospect of rising interest rates, but a weekly closing below 1225 will signal that the high is possibly in place. However, a weekly closing below 1205 will signal that a serious decline is likely. Technically, we can see critical points at 12434.47 and 1202.13, and a closing below […]
The Dow does not need to break last year’s low, as that was accomplished in the NASDAQ and S&P 500. Nothing has changed there. The entire interest rate issue has far too many people brainwashed. No doubt, they would initially sell. However, the market will rise with higher interest rates as it has always done. […]
There have been a some unusual capital flow developments involving Egypt that illustrate a shortage of dollars caused by the decline in oil prices. However, this may also, in part, signal someone is trying to get money out of Egypt. This decline in oil has resulted in a decline in subsidies for Egypt from other […]
