We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it elected the Yearly Bearish Reversal at year-end. So people have been impatient and expect instantaneous moves despite the fact we warned the euro had to go back […]
QUESTION: Marty; You always said that gold would rise with the dollar when the time was right. It is interesting to watch this unfold with the crisis in Europe. Is the time at last right? Thanks BD ANSWER: The unraveling of Europe has begun, but the crazy period still lies ahead. We have the French […]
QUESTION: Mr. Armstrong, I attended the Berlin Conference. I must say, I am impressed. You said Europe was the problem and this is still unfolding with every passing day. I understand this was not you personally. This is the computer. It can really project the future long term. That is what you were forecasting. I […]
QUESTION: I found your article on Hillary email scandal very informative. So you are saying that the financial scandals were all Hillary, not Bill? ANSWER: Correct. The Whitewater scandal was Hillary, not Bill. Bill was into sex, but Hillary was the dominant money grabber. She was the first, first lady to be involved in the […]
QUESTION: There are now stories appearing about this nine-page document calling it and ultimatum for a superstate. But they are not publishing the document. Since you may have been first to report this, do you have the document? ANSWER: Yes. Please note that this is a radical proposal that sees the “European Project” (EU) as […]
We will be doing a Video Update for the Precious Metals Report Subscribers on Friday, July 1st, 2016
Asia performed well in what appeared to be trading in shadows the majority of the day. Rumors that the PBOC were about to cut rates saw a rally in Shanghai (+1%) only to drift off the highs by the close. Rumors of more BOJ easing (attempting to put even 40yr bonds into single digits). It […]
A very serious issue is starting to rise behind the curtain. Obama is blasting Trump as part of some global elitist group that does not exist outside of those in Obama’s camp who subordinate the people to government. Indeed, it was Obama who played the role of political elitist by interfering in Britain quite disgracefully. He […]
QUESTION: Hi Marty, Will future rate hikes from the Fed cause banks to move more money out of the Fed and into the commercial banking system, creating inflation? Thanks Jack ANSWER: No. Future inflation will not be demand driven, but asset driven. Retail participation, both in the States and from Europe, in the US share […]
