The Dow made a new high on Friday, but we failed to closed above the 2016 high. We still see the next major resistance level in the 21000-23000 area. A Phase Transition is only likely exceeding that level. Gold has bounced but the resistance stands at 1197 level with support at 1130 zone. The lowest […]
QUESTION: Mr. Armstrong; I read your work on the euro from the nineties and how it would fail. Everything you laid out unfolded over the the subsequent 20 years. I assume you have discovered historical attempts to create a euro type system before aside from Napoleon. Can you point to any other references? HF ANSWER: History repeats […]
COMMENT: Marty; It’s below freezing in Athens. This is the coldest I have ever felt here in a long time. The average temperature is normally 10°C (50°F). I do not understand how people keep calling this global warming. REPLY: The data being put out as propaganda has been indexed at a higher base. Without adjustments, the […]
Back in March 12, 2013, James Clapper committed perjury before Congress for which anyone else would go to prison for 5 years. He did not flinch at denying that the NSA was collecting data on Americans. The record showed: “Does the NSA collect any type of data at all on millions or hundreds of millions […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 QUESTION: Marty; Did you see Larry Summer’s comments on Trump. Is this guy completely insane? He says Trump is proposing things off the planet. Wasn’t it Summers who came up with the negative interest rates and supported repealing Glass Steagal? ANSWER: Larry Summers is a classic example of how a PHD means absolutely nothing compared to real […]
The Podesta emails revealed a real anti-Catholic and anti-Evangelic religious position in the Democratic Party. For the party that was founded by the slave owner Andrew Jackson, one must really wonder what lies at the core of their true position. Religion is becoming a major focus of how the Democrats have alienated both the Catholics […]
QUESTION: Hi Martin! I have been enjoying readings in your rich (in knowledge) website and writings in my vacations here in Southern South America. Between one coffee and another I printing articles and writings in order to “connect de dots” as you use to say. That is being a pleasure. My question is on your article […]
QUESTION: Hi Martin, You have mentioned on numerous occasions, that the Socrates has inputs from around the world to come to very accurate conclusions. I assume, it has plenty data from within the USA as well. Can it also predict the NFP? ADP?. (few days BEFORE.) Don ANSWER: We have put in such information from […]
Most markets were waiting for the US employment report in order to set the theme for the rest of the month. Auto shares were the poor performer on the Nikkei today after Trump’s remarks over tax levies on auto-makers but also because the rally in the JPY. The Nikkei closed off -0.3% led predictably by […]
The rally in bitcoin has come out of China, which has accounted for 98% of bitcoin trading in the past six months. China is also home to about two-thirds of the world’s bitcoin mining power. The Phase Transition spike in bitcoin is very alarming, for it flies right in the face of government attempts to […]
