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 […]
You could say that Japan has had more than fair share of poor data lately but sadly it continued today after a larger than expected trade data and a further contraction in its (Manufacturing) Purchasing Managers Index. This resulted in an initial 2% decline in the Nikkei in the morning session but only to see a […]
QUESTION: Mr. Armstrong; The scaremongering going on here is claiming that if BREXIT becomes reality, we will be thrown out of Europe and have to pay massively for healthcare outside of Britain. Do you have any information on this? Thank you A former neighbor DS ANSWER: There is something most Europeans are clueless about. The […]
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 […]
