QUESTION: Mr. Armstrong; I am impressed with your models and the cycle of war. What has truly astonished many of your readers in Eastern Europe is how you focused on Ukraine and said this is the flash point before anything happened and then you said wait until after the Olympics and then Russia will invade. How did you pick Ukraine to begin with? How is that possible? I assume your contacts even in Russia are beyond what many intelligence agencies are capable of. When you connect the dots, as you say, you were correct on the fall of Communism and even Russia in 1998 that led to the collapse of longterm credit. No wonder the bankers, press, and other analysts hate you. You are always on top of everything as you Americans say.
Best wishes for all you do and your battle against the New York banks and corrupt media.
ANSWER: Thank you. Keep in mind this is but no way my OPINION. Personal opinions are worthless and trying to stand up and pretend your judgment is better than another is stupid for the variables are so complex, when opinion is correct, it is dumb luck. It may appear that I targeted Ukraine out of no where, but indeed Ukraine has a tremendous history and the Crimea is perhaps the most strategic tiny piece of land between Europe and Asia. It has been the breadbasket since ancient times as I wrote recently, but it was the flash point that devastated Europe previously.
There were warnings in the form of rumors that told of a great plague in China and India that killed most of the populations there. The plague made its way to Europe when the Kipchak forces were besieging the Genoese trading post in the Crimea. The Kipchaks began to catapult plague-infested corpses over the walls and into the trading post. The disease spread quickly and the Genoese abandoned the outpost. They sailed back to Europe stopping in Sicily in 1347 taking the Black Death with them.
Crimea has been the center of historical events for centuries, yet nobody seems to pay much attention to it. It has been settled, resettled, occupied, defended, and invaded perhaps more times than most countries. So from a pure data perspective, what is taking place is nothing new to history. This is all in a database that monitors one action and works out the path of reaction, kind of like plotting the path of a hurricane.
Is the sun setting on France? France is the next major country to collapse in the Sovereign Debt Crisis. About 50% of the youth just want to get out. The French Elite are the most Marxist in the world – after all, the entire idea of “Communism” came from France and it was the French elite who sold the idea to Marx.
CBN has produced an excellent TV show showing the French Crisis. I highly recommend you watch this for its explains the extreme danger of the IMF that is controlled by these very people who just do not understand you cannot take everything from those that produce. The French Unions are notorious. It is their way or they react violently and commonly will kidnap the heads of companies.
This is the key to watch in Europe. France will be the next major player to collapse and when it does, capital will begin to look around to see who is next. Japan will follow and then the burden will fall upon the USA.
We will look at the Sovereign Debt Crisis that is brewing behind the scenes at the March 21st Conference.
RT (Russia Today) news network has been playing down the Russian side of events in Ukraine and has not projected an unbiased view. Liz Wahl resigned on the air noting that she will not be a part of the propaganda machine. This is the sad part of news on both sides – they do not ever report the honest truth.
It should be stated bluntly, that the man whose name is attached to the Pulitzer Prize award for outstanding journalism is the man you invented Yellow Journalism and began the Spanish-American War all to sell newspapers reporting events and facts that never happened.
The Global Market Watch has been posted for the close of March 10th, 2014.
Global Market Watch
We will be setting up a live stream for the Cycles of War Conference on March 21st. We realize that so many people wanted to attend this from around the world. Therefore, we have arranged for a company to come in a stream the event. We are working on price. This may come in at slightly higher than the ticket price. We are negotiating now and trying to keep this under $500 (including materials by email). Attendees will receive printed materials as well.
We will be releasing after the conference the third page to the GMW that will contain the Forecasting arrays and charts. We will provide a brief overview of the GMW at the Cycles of War Conference, a more detailed trading review on the Sunday event, and we will be demonstrating an access where you will speak to the website, be able to ask it questions, and it will speak back. We are close to bringing on line the full system where you will even be able to input your portfolio for it to track just that.
The Second Page of the GMW is
The Euro is still pressing higher against the dollar on deflation. The geopolitical risks have not yet kicked in and may not until after June. The European Central Bank’s (ECB) decision to leave monetary policy unchanged demonstrates it is not worried about inflation nor do they realize the broader impact of a strong euro on any recovery in Europe and its driving force behind deflation with rising unemployment at the core.
The Major Resistance still stands at 14700 level and ONLY a monthly closing above that zone would signal an extended trend. The rise in the Euro is indicative of an economic decline as we saw with the Yen in Japan and the US dollar back in the early 1930s. It was the rising dollar back then that led to Roosevelt’s confiscation of gold and the devaluation of the dollar. So the trend in the euro is not yet complete. The higher it rises the greater the economic decline.
The rise in the Euro is indicative of the broad economic decline that will cause a rise in civil unrest after 2015.75. This trend was the kiss-of-death for the dollar back in the 1930s. The higher the dollar rose, the worse the economy imploded. We are seeing the very same trend in Europe at this time. This will seriously impact even the Swiss economy driving the prices of exports higher and preparing for the major high we see next year on a 26 year cycle in Swiss real estate. Like Singapore – it is just getting too rich on a global scale for capital.
The US dollar will rise exponentially after 2015.75 with the US economic decline and the ECM aside from the geopolitical risks. When the US economy turns down, then we will see the rise in the dollar really take off as normal.