The various press organizations are now giving a 70% chance that the Republicans will take the Senate. There is a serious deficiency in competence within government everywhere. It appears that the corruption and politics have driven anyone with substance from the field. Who wants to go through all this crazy personal focus if you really […]

The Dow Jones Industrials managed to exceed the September high intraday and produce the highest weekly closing, but it did not close ABOVE the September high ruling out a Sling-Shot Move right now. Nevertheless, we still see this week as the target and the key days are today and Friday with a mid week minor […]

Reuters has published the result of what is being touted as the Ignorance Index. The one question as an example: “Guess how many U.S. girls aged 15-19 give birth each year. Go ahead, guess. If you calculated the number at 3 percent you’re correct; if you guessed 24 percent, you’re American.” I rarely watch TV. […]

Obama is going down as perhaps the worst President in history. One would think he would be concerned about his personal reputation. Nobody wants him campaigning for them – they call Bill Clinton before Obama. In a rare appearance on the campaign trail on Sunday with a rally to support the Democratic candidate for governor […]

The assumption of the hyperinflationists has been that governments will just print to meet their obligations. That theory is based upon revolutionary government who CANNOT SELL debt to anyone. In the case of the West, we issue debt and because of that, the first effort is to meet the demands of bond-holders. That is only […]

It is interesting to watch how the Democrats try to distance themselves from Obama. He may go down as the absolute worst president in history. One has to ask was this some sort of plot to make sure no black president will ever be elected again? Is Obama really in charge? Perhaps they just hand […]

COMMENT: Hi Martin, on the recent post about out of control government I can attest to at least 3 cases in the last 6 months. I work for a large coop FI and deal with people from all walks of life. Recently I had: 1) client was refused a permit after 4 months of applying for […]

COMMENT: Hi Mr. Armstrong. I have been in Portugal for the last week. Here too people are fed up with politicians. Even in the country side the cities and towns are building unnecessary infrastructure (example of roundabouts in every single small intersection) just so they can raise taxes. People cite the unreasonable increase in property […]

I am here in Germany kicking the tires and taking the temperature of the core of the European economy. Interestingly enough, a survey has revealed that politicians around the world have the worst reputation among all other occupations. The people have by far the least confidence in world leaders. In Germany only 15% say that they […]

COMMENT: I just wanted to thank you for all your charts and explanations of what was taking place on the DOW this week.  I have been reading your work for the past five years and I appreciate that you make this available for everyone.  I am trying to understand what is coming our way and what […]