Things all looked good in Asia with the Nikkei closing up a little over 1%, Hang Seng following its lead gaining 1.2% and so it was only Shanghai that returned a small negative on the day. All was good following the strong US session and so we were lead mostly by energy and miners (BHP on the […]
QUESTION: Mr. Armstrong; You have indeed sparked my curiosity. With both the velocity of money and the trading volume declining since 1998, this seems to be a very dangerous position and your work is really eye opening. I read your Transactional Banking and it seems that this has changed everything for the worse. Your Big […]
QUESTION: Everyone in the gold industry says you are wrong. The stock market will crash by 90% and gold will soar. Will you address that scenario just once? ANSWER: I have answered this frivolous question countless times. This is the most bearish rally in stocks ever. That is why the stock market has kept rising. […]
The biggest problem with analysis is that we are all human. Anyone who expects someone to forecast the economy or markets based upon their personal view is just out of their mind. Nobody can be consistent for we are all human and make mistakes. The only possible way forward is to achieve a quantified model that correlates everything to […]
Private blog update: Dow – Euro- Gold – Silver
Private Blog Update Dow – Euro – Gold – Silver
QUESTION: Marty; Are you saying that Bill Gross is wrong and they will not try “helicopter money” again or that “helicopter money” will not stimulate the economy? ANSWER: Whether or not the Fed tries to apply “helicopter money” is highly debatable. Bill Gross DID NOT make a forecast that any QE (Quantitative Easing) would be successful or […]
Private Blog Update for the close today in Euro – Gold – Silver
