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Foreign Exchange

Market Closing for the Week Today

Today will be the close for the week and this will be an important indicator. A closing in gold below 1237.50 will warn of weakness. We have important technical...

Bavarian Banks Not Depositing Money at ECB

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their...

Euro for Month-End Feb 2016

Our main number to watch remains at the 10460 level on a monthly closing basis. Our Major Monthly Bearish rests down at 9860. Our critical support begins at the...

Is The Pending Euro Collapse on Target From Our 2011 Forecast of 2016.202?

The euro crisis appears to be unfolding right on target rather amazingly. Our target was published in “The Rise and Fall of the Euro” back in...

Larry Summers Calls to End $100 Billis — Here Comes the Totalitarian State

  Larry Summers, the father of NEGATIVE INTEREST RATES, is so against a free society and looks upon us as dumb cattle to be herded and corralled for his...

Bitcoin Reality

QUESTION: Mr. Armstrong : Since you have deep knowledge about coins and currencies going back to ancient times, it would be really helpful to get your view of what...

Euro Near Collapse?

The euro continues its fall and the likelihood of reaching 116 is starting to dwindle. Even the British Telegraph has come out and stated that the bail-in plan for...

The Markets’ Expectations

This image ran by USA Today shows how quickly the general public assumes long-term changes in trend are at hand. The general headlines said the public lost...

The Market in Perspective

Last week we had a Panic Cycle in gold and a Directional Change. Both performed on target.  As we have stated previously, the Directional Change can be, by...

EU Fears the British Referendum Will Be a Contagion

European Council President Donald Tusk has warned that the EU is in danger of a total collapse. He has come out to say that David Cameron’s referendum in Britain...