Theresa May became the new Prime Minister of Britain on Wednesday and formally met with the Queen to ask permission to lead her government. May is now embracing BREXIT as such members are dominating her cabinet and on top of that, May made the main Brexit campaigner Boris Johnson her foreign secretary. May is positioning […]
At last year’s WEC, we warned that the collapse of the euro was underway. We achieved the Yearly Bearish Reversal on the close of 2015, but we did so far below the number. We had been waiting for the rally to retest the 11600 level, which we finally achieved. The ECB monetary policy has been […]
QUESTION: Mr. Armstrong, since the S&P did break last year’s low, does that qualify for a slingshot if the Dow does not? Thank You for all you do GW ANSWER: We do not have to make a new low in the Dow. The S&P 500 penetrating last year’s low was sufficient. We are approaching our […]
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. … →
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, … →
QUESTION: Mr. Armstrong, You have been nominated for the FX analyst of the year in 2016 again. True, your calls on the Euro and the Swiss peg were amazing. But what has fascinated me even more is you also forecast … →
We will post a 35-minute video update to the World Economic forum (see “Helpful Video” thread) that will cover key markets. We have warned that January looked like a correction all around. Wall Street rallied after a hesitant start on … →
Merkel has to be saying to herself, “Another victory like that, and we have lost.” She may have made TIME’s Person of the Year, however, so did Adolf Hitler in 1938. It is not a position of prestige for great achievements, but … →
