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Jade Helm

A lot of emails have been coming in about Jade Helm, a highly secret and most controversial U.S. Special Operations exercise that created a flood of conspiracy theories about a government takeover. The Washington Post has reported that Lt. Col. Mark Lastoria, a spokesman for Army Special Operations Command, said his organization is “considering allowing a small number of journalists […]

DAX: A View Into the Heart of Europe

In the DAX Cash, we did elect two Weekly Bearish Reversals from the high of the week of April 6. The next key area of support lies down at the 938000 level. Next week is a Directional Change so we could see a bounce back into the week of July 20. The critical support begin […]

Greece & Its Banks

Any hope that Greece will now negotiate with its creditors should help to hold the euro for now. But keep in mind that Brussels has still not changed its mind or its philosophy. It is going to take more than just Grexit. Eventually, Greece will have to leave. There will be no choice and its […]

The Lesson for the World Coming from Greece

PHOTO: Distraught 77-year-old Greek retiree, Giorgos Chatzifotiadis, falls to the ground outside of a bank in Thessaloniki, July 3, 2015. (AFP: Sakis Mitrolidis) The mainstream news is painting the Greeks as the bad guys, and the Troika as the savior of Europe. Quite frankly, it is really disgusting. Pictures of an elderly Greek pensioner have gone […]

Chicago Considering a 30% Property Tax Increase to Pay Govt. Pensions

COMMENT: Couldn’t help myself – I must share this personal story with your team and the blog readers. After reading Martin for just about a year, I began educating my family to what lies ahead.  With that our oldest daughter had been living in Chicago until 2 weekends ago.  She decided some time back to […]

Who Prints Euro Notes?

QUESTION: Mr. Armstrong Who prints euro notes? Could Greece just flood the market is euro banknotes? Thanks you for your guidance PK REPLY: Legally, both the European Central Bank and the National Central Banks (NCBs) of the Eurozone countries have the right to issue the seven different euro banknotes. In practice, only the NCBs of the zone physically […]

ECB & Troika Retaliate Against Greek People

Some readers sent in comments that my use of the phrase “World War III by economic means using the pen” was harsh, so let me state this very clearly. Brussels and the Troika will NEVER back down. To them, the euro is irreversible and they refuse to see that their policies are dead wrong. Proof that this […]

Greece Shuts Down Access to Safe Deposit Boxes

COMMENT: Hello Martin, A few minutes ago the deputy Minister of Finance Mrs Olga Valavani said safe deposit boxes will be reserved! Bank officials denied this statement. However, there is a lot of confusion and panic since a lot of people (who unfortunately did not read your blog) have put their cash or coins in […]

Happy Independence Day to Our Canadian Readers

Sorry for being late – my bad. This is actually an important Independence Day for you. True, it was originally the Dominion Day on July 1, 1867 that was the enactment of the British North America Act in 1867 (today it is called the Constitution Act, 1867). That merged the three possessions of New Brunswick, Nova […]

Clarifying the Euro

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. However, keep in mind that the major Bearish Reversal lies down at the 10335 level. Therefore, only a monthly closing BELOW 10335 will CONFIRM the 11500 […]