The opening in Asia was the main discussion point for most dealers today. Oil hitting its lowest price ($27.65) since 2003, the Nikkei trading down 2% in the first 30 minutes of trading, and the Chinese raising the off-shore yuan all helped to spook markets. However, finally the fears were short-lived, and by close the […]

QUESTION: Dear Marty, Please correct and expand my understanding of a Sovereign Debt Crisis as it pertains to leveraged accounts.  If global economies are leveraged because of too much debt with no plans to pay, then what are the pros and cons to leveraged short investments when economies are deleveraging?  Might they be dangerous at […]

We did NOT elect  the Weekly Bearish today in the Dow Jones Industrial Japan tried to hold overnight gains but by the time the rest of the Asian markets opened it was too late and the selling pressure just increased with time. Nikkei closed down 94 points (-0.5%) but the futures quote dropped an additional […]

To some, this is a religious battle. To others, it is just a time to rip off a lot of people by selling fantasies and sophistry. I have stated this many times, so here it goes again: Gold rises when people lose confidence in government. It has nothing to do with inflation. So, you start […]

QUESTION: Marty; I am curious what you thought of the Big Short especially since you are the one who got the timing right to the day. In markets, I do not have to tell you that being too early is more dangerous than being too late. Since that fateful day on the floor when the […]

What a start to the New Year! Talk around the street voiced a few reasons for today’s stock market declines from geopolitical tensions between Saudi Arabia and Iran to additional dealing costs associated to playing the markets. Discussions are apparently underway across the globe to address market orders, the way in which orders are placed, […]

QUESTION: Marty, at the WEC you said the Dow would go down in the first quarter. How far do you see this going this time? ANSWER: We elected a monthly Bearish Reversal at year-end and closed lower than 2014. The main support starts down at the 15850 level followed by 15370. We can see even […]

QUESTION: Mr. Armstrong; I’m just curious. Will you go see the new Star Wars? Your technology with Socrates does seem light years ahead of everything. I love Socrates. It is truly amazing. DK ANSWER: Absolutely. If you pay attention, you will see that much of the film is based on the Roman Empire and the […]

Merkel has to be saying to herself, “Another victory like that, and we have lost.” She may have made TIME’s Person of the Year, however, so did Adolf Hitler in 1938. It is not a position of prestige for great achievements, but rather the person who has had the most influence that year whether it was good […]

  QUESTION: Mr. Armstrong, have you ever heard of a short lived Wörgl Experiment in Austria? It was shut down by the Austrian Central Bank they say because it was successful. Have you looked into this experiment they claim defied deflation and inflation? ANSWER: Yes. This was by no means an isolated instance. True, it […]