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BRITAIN

Pound Sterling Collapses

COMMENT: Marty; Your forecast at the last WEC that the pound would break the 1985 low seemed extreme. I have to say as I watch it this morning, your computer picks...

BREXIT – TRUMP – GOLD

QUESTION: Good day Marty, first and foremost, thank for what you do on a daily basis for us sheeple. Your prolific writing is amazing to me. There are many pundits...

The USA is in its Death Throes

Obama is reviewing the ban on military weapons for police forces after multiple instances of deliberate attacks on police officers. Instead of prosecuting the bad...

Britain & the German Hyperinflation

COMMENT: Mr. Armstrong; I was against BREXIT. I understand your view that Britain would be dragged under by the turmoil in Europe. I assume this is just your...

The Week in Review – July 11, 2016

The world economy is clearly causing the fundamentalists to flip-flop endlessly. They offer only opinions, and these are the times that will break the reasoning of...

Britain’s Chancellor of the Exchequer Revolts Against Merkel & Draghi

The new British Finance Minister Philip Hammond was appointed as Chancellor of the Exchequer on July 13, 2016. Hammond is a welcome relief and has come out openly...

May Becomes PM in Britain & Boris Becomes Foreign Secretary

Theresa May became the new Prime Minister of Britain on Wednesday and formally met with the Queen to ask permission to lead her government. May is now embracing...

British Pound – After BREXIT

The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the...

Governments Keep Their Fingers Crossed

We must face the fact that we are in a slowing global economy and governments simply have their fingers crossed in hopes this nightmare just corrects itself. There...

Banks Trying to Figure Out What Lies Ahead

The big US banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Morgan Stanley — have large operations employing tens of thousands of people...