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Month: February 2016

The Stupidity of Those In Power Has No Boundaries Whereas Genius Has Its Limits

The insanity of NEGATIVE INTEREST RATES, instigated by Larry Summers, is based upon the stupid idea that lowering interest rates will stimulate borrowing and thus...

Market Talk — February 18, 2016

Shanghai was following the heard (+1.5%) until the last few hours of trading when the index fell to close small down (-0.2%). Both the Nikkei and Hang Seng built on...

Gold Today — February 18, 2016

QUESTION: Mr. Armstrong, your opening number for gold was 1199.50. Since it opened above and has rallied, is there a point above where it now must exceed to resume...

Market Talk — February 17, 2016

This time is was Shanghai that bucked the trend after ending the day up +1.1% whilst the Nikkei and Hang Seng closed 1% lower. All core indices moved in a 3%+...

Real Estate in Decline

Real Estate is in crash mode. London and Hong Kong look the worst after both were off 15%+ in the first month of the turn from September 30, 2015. The Miami market...

Does the Dow Need to Break the 2015 Low or Did the S&P 500 Fulfill That Requirement?

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...

Canada Selling Part of Its Gold Reserves

Governments everywhere are going broke. Despite what people think, gold may yet make new record lows under $1,000 in the months ahead. Canada has sold off a...

Minneapolis Fed President Says Break Up the Banks to Reverse Clinton Era

  As of January 31, Hillary has raised $163.5 million, which is more than any of the other presidential candidates. The question that comes to mind is why...

Will They Confiscate Gold Again?

QUESTION: Hello Marty, Is it your belief that they will (again) try to confiscate gold bullion coins when the going gets rough? If so, is there an alternative that...

Market Update — February 17, 2016

  The U.S. stock market closed more than 1.5% up on Wednesday after posting a three-day gain that was helped by some recovery in oil prices and encouraging...