The Euro closed on Friday still in a short-term bullish posture on a weekly basis as we head into the week of 06/17, which is the next turning point. The primary resistance stands at the 13432 level on the cash. It will now take a weekly closing back below 13147 to signal a retest of […]

France has outlawed buying or selling of precious metals for cash and has now outlawed even mailing them, In Germany, the Bundestag and the Bundesrat have decided to increase VAT on silver coins to 19% trying to make it unprofitable for investors to go out of the system using the tax increases. By the beginning of […]

U.S. Supreme Court O’Neil v. Vermont, 144 U.S. 323 (1892) O’Neil v. Vermont No. 6 Argued January 20, 1892 Decided April 4, 1892 144 U.S. 323 ERROR TO THE SUPREME COURT OF THE STATE OF VERMONT Syllabus A complaint, in Vermont, before a justice of the peace, for selling intoxicating liquor without authority, was in […]

Today fulfilled a possible high being up 17.2 days. The Euro on cash reached about 13358. The major resistance stands at 13485, The Euro volatility should now start to rise again. We need to see today’s high exceeded both intraday and on a closing basis to suggest further upside gains. Critical weekly closing support lies […]

QUESTION: Hello Mr. Armstrong, Thank you for taking the time to address the questions that I and many others who follow your work have asked. In your most recent answer to a readers question, you state, “Therefore, it was the complete lack of CONFIDENCE in the government that (1) caused the hoarding, and…..”  From what I have read […]

  The Code of  Hammurabi 1795-1750 BC Claude Hermann Walter Johns: BABYLONIAN LAW–The Code of Hammurabi. from the Eleventh Edition of the Encyclopedia Britannica, 1910-1911 The material for the study of Babylonian law is singularly extensive without being exhaustive. The so-called “contracts,” including a great variety of deeds, conveyances, bonds, receipts, accounts and, most important of […]

The primary reason why I have been touting that we no longer need taxation at the federal level is because money is no longer tangible. The evolution of money migrating to simply electronic actually allows the restoration of freedom. Taxes were once needed when money was tangible because it could not be created. The diehard Goldbugs […]

  Alan Simpson, Wyoming Republican Senator who became co-chair of President Obama’s deficit commission, called senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats. This career politician’s comments illustrates the entire problem why we do not have a democracy. These people rig the game to get elected, […]

On Page 60 there are both the Nearest Futures and the Spot Reversals which include 146250 is the cash number to watch  

In the normal world of capital flows, bonds decline when stocks rise. The talking heads that claim lower interest rates are bullish for stocks once again try to reduce everything to a single cause and effect that applies to a single frame in a long movie. Here we can see that bonds declined when stocks […]