QUESTION: Martin … the reasoning behind goldbugs … advising people to buy gold to thwart the cashless society that govts will soon impose on us all.  Do you think gold and silver will become the underground currency of the alternative economy as people try to get around the official cashless economy or not? thanks Regards P ANSWER:They probably will […]

Asia performed across the board with gains of between +0.5% to +1.1%. We have seen that carried forward into US trading with futures adding 1.5% to the cash closes. I want to move-on quickly to Europe today as this is where we are receiving many questions. The first thing we need to highlight is the why stock […]

The surprise rate cut by the New Zealand Central Bank earlier this morning spooked a few markets especially ahead of the ECB later in the day. The Nikkei liked the news which resulted in a +1.3% rally but that has been reversed after the wests reaction to the ECB this evening. In late US trading […]

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their cash and eliminate deposits at the ECB. These people are just brain dead. They think negative interest rates will somehow “stimulate” the economy. They fail to grasp […]

Asian cash markets followed their positive futures run from US trading session was met with strong openings across the board. The PBOC set the Yuan exchange rate at 6.5490 and even a ratings down-grade of China could not stop a 4.2% higher close. The Nikkei was also up over 4% but we did see weakness from […]

There were some big smiles across the faces of many equity traders today as we have seen some of the strongest markets gains in a while. The Nikkei closed +0.4% but could not match the performance of the Shanghai or Hang Seng Indices when they closed up at almost 2% on the day. We saw […]

All core Asian markets traded heavy by the close of business – it was hopeful that Japan was to be the exception – sadly, that was not to be the case! Although the Nikkei was higher for the majority of the day in the final ninety minutes it too was sold and closed down 161 […]

The Globe Cinema (617 8 Ave. SW) in Calgary, Canada, is holding a private screening of “The Forecaster” this Saturday at 1 PM. Following the film, Martin Armstrong will conduct a live Q&A via Skype. If you are interested in attending, you will need to preregister: http://integratedwealthmanagement.ca/events/ Cost is a $10 (or greater) cash donation to the […]

QUESTION: Do you think value investing is viable in today’s chaotic markets? Much appreciated KB ANSWER: No. Value investing has been a recipe for wild swings. If you do not have the stomach for long-term then it is not something to get involved in. It should also be noted that it resulted in bankruptcy pre-World […]

COMMENT: A Hollywood feature film – well done. And you’re circumspect enough to realize it’s “the collective”, “the source”, whatever, that decides ALL; not you. But you’ve been gifted a particular insight; or was it those years incarcerated, studying your navel? Ahh- the irony! Thank you so much. NMM REPLY: Yes, I signed the contracts for the […]