Gold tumbled about 3% after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary stimulus later in the year. I have warned that the US economic outlook is bullish into 2015.75. The dollar will rise and that will help turn the US […]

QUESTION: Today employment came with 195K. 1- If Europe is imploding, China slowing, Emerging markets slowing, is the US employment story sustainable? 2- After the governments bond collapse beyond 2015.75, could USA devalue the dollar and make a combination of bond default with a new currency? 3- Is physical gold in the allocated form in a […]

One reader writes making a statement that clearly we are so influential and that is why only a fool does not read our work. Some people assume simply because I said Friday was a low in gold and we should get a 3 day reaction rally and it does, that this is all influence. This […]

When Diocletian (284-305AD) came to power after the Great Monetary Collapse of the 3rd Century, he sought to restore the economy even reintroducing silver coins. However, to accomplish that he imposed aggressive taxation and invented passports since you could not travel leaving your town unless you paid your taxes. This is exactly what is in […]

Since 2010, members of the German Parliament have been using the iPad in the office, and the Parliament approved the iPad as a paper-replacement for reading speeches. But that said, improvements economically have not taken place. German net worth per family is among the LOWEST in Europe because of excessive regulation and high taxation. The socialist […]

 Dancing with the 800 Pound Gorilla The strangest part of my own case was the fact that anyone who has ever attempted to go after Goldman Sachs & crew of Investment Bankers, has strangely encountered the heavy hand of government that is used to protect them resulting in the New Your Investment Bankers being called […]

  Too many people are simply confused by the talking heads on TV who honestly cannot articulate anything that is real in the analytic world. So many people commented that demand should collapse for real estate with the first uptick in rates and that we were dead wrong. The average person is not that stupid. […]

QUESTION: Mr, Armstrong. I visited New York on business and after the market closed yesterday we went to a bar. I was shocked when the group at the next table of Wall Streeters were talking about you. The consensus was you were probably the greatest analyst that ever existed and how Bloomberg News will never […]

We wrote on June 20th: “The Daily Bearish Reversals are 14670 and 14392 with the Weekly Bearish at 14390 and 14360/ The key support starts with the Monthly Bearish at 13139 and 12940, with the critical support at the Monthly Bearish at 12220.” We elected the minor Daily Bearish on the 24th but that was […]

QUESTION: If Europe is going down the drain before the US (the lack in confidence in EU governments), isn’t it expectable that the gold price will rise in Europe first? If that isn’t so, will the dollar always be the first refuge and gold the last one, rising only after the US collapses? Thank you […]