The turmoil in the European bond market has demonstrated that the theory interest rates will not rise and are in control of central banks is dead wrong. Despite the ECB’s policy to buy in government debt to inject cash into the markets, one would think that the bonds would have a firm floor of support. The […]

The Dow may have established a temporary high in May on our turning point. We have seen three Daily Bearish Reversals elected from the May 19 high and now support lies at 17745 on our daily models. We need a closing back above 18195 to stabilize the market right now. However, on the weekly level, […]

COMMENT: Marty, I just got back from Madrid. I looked around for a place that sold gold. I could not find one. This is indeed very curious. Cheers LW REPLY: There is a growing trend to regulate gold coin sales to the public. In France, you cannot pay in cash; everything must be reported. The […]

COMMENTS: (1) Marty, are there any key downside support levels we should be paying attention to here? That call from your computer model warning us to look out below several months ago, all while the Euro Bunds were continuing to rise and setting new lows for yields, is absolutely remarkable! (2) When you said sell the […]

QUESTION: Mr Armstrong; You have written that the Federal Reserve remains on track to raise interest rates later this year and this will accelerate the capital inflows driving the dollar higher. You previously warned that this will also set off further defaults in emerging market debt and you have also said that the pension funds […]

QUESTION: Hi Marty, The reason central banks like to have inflation, is because they get to reduce the effective value of their respective national debts over time. I do not know why there is a link between inflation and interest rates, which is assumed in BB’s remarks. Is there any basis for that ? Regards […]

The quest to eliminate cash is all about Negative Interest Rates for as long as cash exists, people would withdraw their money from banks and stuff it in a shoe-box. They use Japan as the argument that virtual zero interest rates for 20 years failed to produce inflation. Hence, their reasoning is you must go […]

As Secretary of State, most people think it is only diplomatic. The Secretary of State is also in charge of selling arms to foreign governments. Hillary Clinton was in charge of rejecting or approving weapons deals. It is no coincidence that her department approved $165 billion worth of commercial arms sales; the countries she approved were Clinton Foundation […]

The decline in the VELOCITY of money is rather alarming. On the one hand, it reflects the declining liquidity within the marketplace from the rising trend of hoarding money from banks (DEFLATION), as well as the overall socialistic trend as government consumes a greater proportion of the economy GDP. Velocity = GDP / Money Supply, if the […]

The greatest exports of the United States have been McDonalds, blue jeans, rock ‘n’ roll, and of course laws that they stretch to worldwide jurisdiction. All roads lead to Washington, not Rome. Outside the USA, the FIFA arrests have sparked a huge controversy as to why the USA becomes involved in soccer when they do […]