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Foreign Exchange

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...

BREXIT & the Fraud Begins

COMMENT: Marty; Nobody paid any attention to BREXIT but you. Now Everyone is talking about how it will be a big deal for the world economy. Guess they took the...

BREXIT – Sterling & Euro

Based on the fact that the majority of big money trades fundamentally, we should expect the overall trend of the euro to rally against the pound. We can see that...

Euro – June 9, 2016

As the BREXIT vote nears, capital is starting to jockey for position. The euro has made an outside reversal far to the downside on a daily basis, and it is now...

Saudi Arabia Banning Short Selling Against the Currency Peg

Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is...

Jobs v Asset Inflation

The job market collapsed in May, and on Friday the Labor Department reported that the nation’s economy added only 38,000 jobs. The experts were expecting a modest...

Now Available: The Brexit Report

On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This...

Market Update Dow – Euro – Gold

We have provided a Market update for the May closing today in the Euro, gold, and the...

We are at The Edge of Meltdown

We will have the BREXIT report out next week. This is incredibly important for the fate of Europe hangs in the balance. Politicians are only interested in saving...

Dollar Reality – End of Petro Dollars

QUESTION: Dear Mr. Armstrong, (a) You say that the world is losing confidence in governments and I do not question that for a minute. (b) BUT you also say that the...