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Market Talk – December 10th, 2015

Japan opened weak following the poor close in the Dow yesterday especially having seen triple digit gains at one stage. Given that Hang Seng and Shanghai were both...

In Time for Christmas

Roman Antoninianus of Probus (276-282 AD) are available from the hoard we purchased that was discovered in England. All coins are high grade, fully legible, and not...

Market Talk – December 4th, 2015

Asia caught the end of the US session this morning as all three core markets responded with falling prices. The Nikkei performed worse of all losing 2.4%,...

Market Talk – December 3rd, 2015

Continued speculation that additional official support would be available next week in China supported the Shanghai Stock Index yet again. The strong close (of over...

Understanding Energy Models

QUESTION: Your energy model turned negative on the daily level just before the rally in the euro. That meant the market was then oversold if I understood your...

Euro & the Carry Trade

QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct?...

Euro Knee Jerk Reaction of Sell the Rumor Buy the News?

Mario Draghi at the European Central Bank (ECB) has moved as expected to try to force the Euroland into an economic recovery by cutting a key interest rate on the...

Why the Euro Is A Dead Currency

  I have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime,...

Turkey Denies Russian Ships Access via Bosporus

What is becoming clear is that Turkey has most likely NOT acted alone against Russia. They have more likely than not fired the first shot in what may become World...