COMMENT: Mr. Armstrong; I want to thank you for you have been correct on every market demonstrating that everything is explicitly connected. What you have taught me is more than just trading a single market to make money. You have taught me how to see the world and connect the dots. I can see the […]
Private Blog Update for Year-End Closing Dow – Euro – Gold
With the exception of Japan most Asian markets were subdued in typical holiday style. It was the downgrade of Toshiba by both Moody’s and S+P that resulted in a 17% decline in its share price today and was blamed for the 1.2% decline in the Nikkei. In late US trading the Nikkei futures have fallen […]
The assault on gold is by no means casual. The hunt for money and the global effort to eliminate cash to be able to increase taxation is also targeting gold. All the sales pitches that gold will survive have ignored the fact that government is well aware of gold and people using it to store […]
Some ask why I only criticize the left and not the right. As the Guardian wrote, the left is on the rise. There are 50 shades between left and right. If we are talking about the 1%, that is really small business, for that begins at $250,000 annual income. Everyone confuses the 1% with the “super-rich” who are […]
QUESTION: Hi Marty, How does the model’s call for deflation (earlier blog posts) fit in with the likely major cycle low in interest rates (per your recent posts)? Can there be general price deflation and yet interest rates increase significantly? ANSWER: Yes. Rates can soar to outrageous levels during the collapse of a system, which reflects […]
To make it clear, India is not going door to door to confiscate gold any more than FDR did. The reason so many $20 gold coins have survived is because there was no door to door confiscation. Banks and corporations who had records of gold were forced to turn their gold over and then FDR […]
QUESTION: Aloha Martin, Can you please comment about the new Sharia gold standard. It is being touted as allowing Muslims to more gold vehicles besides owning the usual physical coins and jewelry thus increasing the demand. I understand it as long as the paper is backed by physical is is allowed. I remember you commenting on […]
