Blog

What Happens When the Financial Capital of the World Moves?

QUESTION: Hi Marty, Knowing that the financial capital will likely move to China after 2032, since that would be the peak of the public wave, where will someone in [...]

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Britain & the German Hyperinflation

COMMENT: Mr. Armstrong; I was against BREXIT. I understand your view that Britain would be dragged under by the turmoil in Europe. I assume this is just your [...]

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May Becomes PM in Britain & Boris Becomes Foreign Secretary

Theresa May became the new Prime Minister of Britain on Wednesday and formally met with the Queen to ask permission to lead her government. May is now embracing [...]

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British Pound – After BREXIT

The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the [...]

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The Pound & BREXIT

COMMENT: Mr. Armstrong; I voted for remain. Contrary to the post of a very biased Brit, there is a “rift” and the person who arrogantly wrote to you [...]

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The Pound & Euro For Month-End

We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it [...]

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It’s Not the British – It’s the EU

  While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse [...]

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The British Pound & the Aftermath of BREXIT

  The pound sterling had a smashing day ranging between 15016 and 13226; penetrating the 2009 low of 13508 as well as the 2001 low of 13680. That leaves the [...]

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Awesome Collapse in Pound as “Leave” Vote is Ahead by Almost 300,000

This is what happens in a panic. Dealers step back and spreads widen. Sell and buy orders at the market are simply filled as they come in. It appears the bookies [...]

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Buy the Rumor – Sell the News

Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow [...]

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