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Market Update for Gold

Gold has been backing off with the prospect of rising interest rates, but a weekly closing below 1225 will signal that the high is possibly in place. However, a...

The Dow & the Confusion

The Dow does not need to break last year’s low, as that was accomplished in the NASDAQ and S&P 500. Nothing has changed there. The entire interest rate...

Growing Shortage of US Dollars & Capital Flows

There have been a some unusual capital flow developments involving Egypt that illustrate a shortage of dollars caused by the decline in oil prices. However, this...

Market Talk — May 19, 2016

Interesting that both the Nikkei and Shanghai closed almost unchanged following a similar trading pattern today but the Hang Seng really could not even attempt...

Update for Beta Access for WEC 2015 Attendees

We will be providing access to the completed version of Socrates to those who have been on the beta site. This will be for 30 days. The Arrays, Reversals, and other...

The Dow for the Close of May 20, 2016

The first Minor Weekly Bearish Reversal in the Dow lies at 17434. A closing beneath this for the week will confirm what already appears to be in motion after...

The Wave of Deflation & Rising Unemployment

QUESTION: Marty, years ago you did a chart showing the projection for unemployment. I believe I understand what you were projection for the company I work for has...

The Difference Between Money & Currency

QUESTION: Mr. Armstrong, there appears to be a dispute between what is money and what is a currency. Can you define each easily? Thank you LW...

Market Talk — May 18, 2016

Japan’s GDP showing today finally provided signs of life when the expected number of 0.1% was put to shame with a 0.4% print. However, it was only enough to...

Up – Down – Sideways? What is Going On?

Of course, the markets have been causing losses among the bulls as well as the bears. This is what they do and MUST do before they can actually make a decisive move...