Gold is slowly and begrudgingly moving to test the key resistance. We need a weekly closing ABOVE 1143 to push higher. The band of resistance begins at the 1156 level followed by 1170, 1175, 1184 and 1208. Only a weekly … →
We are finishing up the world currency reports. The reports are not ready at this time, but we will make an announcement once they are available. As we stated at the conferences, nothing appears ready to break before May. … →
COMMENT: Marty, you have done a fantastic job in teaching us to look and observe. I noticed your post on the monetary reform of Trajan in 107AD. You mention he demonetized all coinage prior to Nero’s debasement in 64AD. Wow, … →
QUESTION: Martin, An all electronic currency seems almost inevitable to some, however as you have stated in the past not everyone ha the ability/facility to transact solely electronically. With cash being anything which is agreed the most marketable asset, … →
The real winner of the Iowa caucus was Marco Rubio (born May 28, 1971), the junior United States Senator from the state of Florida who has served since January 2011. He is the establishment’s pick since they do not like Cruz and loath … →
Once again, oil influenced markets around the world. Having dropped 6% yesterday, we were confronted with another 5.5% drop in prices today, closing below the psychological $30 level. Shanghai was the exception in Asia (closing up 2.3%) but this was … →
As to be expected, the Republicans are up to dirty tricks to try to prevent Trump from being the candidate. After the Iowa Caucus, reports are surfacing from volunteers who say that their precincts were being combined into one large … →
1931 COMMENT: Every gold analyst says you are wrong and that gold stocks rose during the Great Depression as the only hedge. Would you care to comment. I bet not. REPLY: Some of these people are not interested in the … →
The vote is in and Senator Ted Cruz has come out on top in the presidential caucuses in Iowa, beating Donald Trump. The Democratic vote resulted in a virtual dead heat between Hillary Clinton and Bernie Sanders. Iowa, unfortunately, always votes … →
QUESTION: Mr. Armstrong, Mining ran a chart of the gold/oil ratio pointing out that conventional wisdom has placed the two together on the theory that rising oil prices push up inflation increasing demand for gold as a hedge. You have … →
