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The EU Bad Loan Crisis to Get Much Worse – The Solution = Financial Pandemic

The bad loan (“non-performing loan” (NPL)) crisis in Europe is well known and many have been calling for this issue to be addressed. In Italy, the bad...

Year-end For Asia

The Year-End number for the Shanghai share index is 3239.5. A closing above this number will keep the market in a consolidation mode. Resistance stands at 3478.01...

, Market Talk- December 28, 2017

Although not all markets closed positive, the overall theme certainly was. Shanghai and Hang Seng were both strong with gains made from Tech, Consumers and Energy...

Western Pennsylvania Buried more than 5ft of Snow

QUESTION: Mr. Armstrong; Why the h–l does not the world listen to you. I am in Erie, Pa. We have more than 60 inches of snow without drifts. The drift on my...

Venezuela Oil Industry Collapsing & May Take the Gov’t With It

Venezuela has the largest proven oil reserve in the world. However, they are out of gasoline. The government has attributed this to poor management which has led to...

Why Was Jesus Crucified?

QUESTION: Mr. Armstrong; You are clearly a Roman scholar.  Is it true that the Romans used crucifixion only for political crimes and that the two who were...

Erdoğan Wants to Revise the Treaty of Lausanne

The War Cycle is in full swing upward since 2014. We have witnessed the invasion of Ukraine, the invasion of Syria, Rocketman in North Korea, and numerous civil...

Market Talk- December 27th. 2017

As can be expected during holiday shortened session, volumes were extremely low and movement similar. The same could not be said for the Euro on Christmas Day...

The Accuracy of the Arrays

COMMENT: As we can see the major Turning point for the USD was q 3- 17. So far dead on perfect fit quarterly down to weekly …unfortunately we are out one day on...

BRICS the Rise & Fall

The first thing to go when a country is moving into economic crisis is the arts. This is intermixed with various social programs. As the economic crisis broadens,...