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So Where is the Bubble?

  While those who advocated stocks in various institutions are being demoted and the bond bulls yell I told you so, as Melon famously said in the start of the...

Dow – The Aftermath 10-15-2014

The next support for the closing was 16131. Indeed, we stated “if that holds we may have a low today temporarily.” That appears to be the case and a...

Dow Update 2PM 10-15-2014

  This is the main channel – the Weekly Breakout Channel. A retest of that area is normal in any uptrend. The top of that channel lies at 15574. The key...

The Dow Today in a Nutshell 10-15-2014

  We seem to be in a race to see who can ask government to hold their money. This is the classic flight to quality (i use that word loosely). The talk on the...

Who’s on First

  Behind the curtain, the long list of those who support the USA against ISIS has no substance. Why? This is a religious war and therein lies the problem. The...

When everything is regulated, it becomes technical and loses all common sense

COMMENT: Loved your candid picture of the little boy in Brussels taking a leak on Europe. It is so true living here. REPLY: Well, it is a shame but all governments...

ECB Exceeds it Powers At the Threat to Germany

The storm brewing in Europe with the European Central Bank (ECB) is its plan to buy bad debt from banks in the version of stimulating the economy. Of course this is...

The Return of Mercenaries

Private armies for hire are becoming popular on all sides. For government, this is the greatest invention since taxes – no social benefits. Mercenaries...

Gold v Equities

QUESTION: Hi Mr. Armstrong … In the Metals report you mentioned that the further Gold fell, the greater the rally would be thereafter. So don’t the same...

IMF Forecasts are Always Wrong – This Spectacularly So

When it comes to forecasting, the IMF is virtually always wrong to a large extent. Indeed, often they are spectacularly wrong as was the case with the financial...