The Nikkei was again under pressure with the Index closing down 2.4% with financial leading the pack. Shares in Mitsui, SMFG and Mitsubishi UFJ were all down...
Iran has begun to sell oil, but in euros. They think this is some sort of blow to the USA, but in fact, they are taking on the currency risk of the euro. This could...
QUESTION: Dear Marty, 2011 was the intraday high in gold, but 2012 was the highest yearly closing. Add the 5 units of time bear market, that would potentially bring...
COMMENT: Mr. Armstrong, I attended the Berlin Conference and I must say, you told us to expect a move between the Benchmarks in gold, and that the first quarter...
We are on the precipice of what can only be described as a rising systemic risk for all markets. The Fed is now hinting that banks should prepare for NEGATIVE...
QUESTION: Dear Marty, When talking about negative interest rates and a shift of cash from banks to the stock market from 2017, would that not mean that cash may...
European banks are in a real crisis. They have been decimated by fines and trading after they tried to mimic their New York competition without the same expertise....
Our opening pivot point tomorrow in gold will be 1217.30. This came down slightly from 1220, but it still reflects where the resistance would stand. In the Dow, it...
Everything has moved to the extreme, which we will discuss tomorrow. In gold, our opening pivot point for today jumped to 1220.73. That meant an opening below...
Overnight, we saw one of the largest declines in a long time when the Nikkei closed down 5.4%. Exporters (Toyota, Nissan, Sony) were all off around 6.5%. The 10yr...
