QUESTION: Mr. Armstrong, at the conference you said the US share market would continue to move sideways and there will be no breakout to the upside until 2016. After Fridays action I assume this is still on target. Where is support this time? Curious ANSWER: The key support lies down at 16887. We need a weekly closing […]

The Investor level of Socrates is now available! For the low price of $10, users may sign up for a 30-day trial to familiarize themselves with the site. After that time, users will have the option to sign up for an annual subscription in the region(s) of their choice for $150 per region. The three […]

There are those who claim that the UN is behind the global warming scam to create a one-world government. If we turn it down a notch and follow the money, we find a bogus agenda to raise taxes substantially in the name of the environment. I have reported that NOAA, the agency responsible for collecting […]

I returned from Berlin dressed casually in jeans for the overnight flight. I was so busy with meetings I hadn’t the time to even buy a t-shirt. When I collected my luggage, I was pulled by customs. They didn’t care that I had absolutely ZERO to declare. Their first question: “How much cash do you have […]

The U.S. real estate market has turned for the top end has peaked. Luxury homes for the top 5% are now off by 2%. In my personal search, I have been looking at homes in Florida for the past year. Some of the high-end homes they showed me on the beach were still on the […]

QUESTION: Marty, it is amazing how these markets gravitate to your number like the 1043 in gold and 10530 in the Euro. You said at the conference we should watch the gold benchmarks like bookends and the bounce into the first warns of an opposite trend. Which week are you now looking for the turn? […]

QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position was on the carry trade. The underlying “fundamentals” did not change, in fact they got […]

  I have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime, failing to file your income tax is the crime. The EU has imposed the first outright total asset reporting requirement for cash, jewelry, and anything […]

The Thai government has taken steps toward the elimination of cash moving forward. Thailand is abandoning its ‘safe haven’ image. This is yet another step to drive capital to the dollar. (Note: this chart shows the Baht against the dollar so a rise reflects the rise in the dollar decline in the Baht)

COMMENT: If the Fed is so smart and understands the problem with low/negative interest rates, then why didn’t it hike rates in September?  Better yet, why didn’t they raise rates YEARS ago?  The Fed has kept rates near zero for seven years but now suddenly realizes that this is a problem? I am surprised that you […]