The Nikkei was again under pressure with the Index closing down 2.4% with financial leading the pack. Shares in Mitsui, SMFG and Mitsubishi UFJ were all down between 4 and 7% on the day. Investors and the street all voicing concerns about the potential profitability given the BOJ’s vision of negative interest rates and the surge […]

QUESTION: Dear Marty, 2011 was the intraday high in gold, but 2012 was the highest yearly closing. Add the 5 units of time bear market, that would potentially bring us with a low in 2017. Likewise the Dow’s highest yearly closing was 2014. With a 3 units of time correction we end up with a […]

COMMENT: Mr. Armstrong, I attended the Berlin Conference and I must say, you told us to expect a move between the Benchmarks in gold, and that the first quarter looked to be a countertrend move. You seem to be able to map out the direction of markets all the time. I am still working out […]

We are on the precipice of what can only be described as a rising systemic risk for all markets. The Fed is now hinting that banks should prepare for NEGATIVE INTEREST RATES. This insanity of following the crowd is undermining the entire world economy. The increasingly unstable footing that we find ourselves standing on is reflected in widening credit […]

QUESTION: Dear Marty, When talking about negative interest rates and a shift of cash from banks to the stock market from 2017, would that not mean that cash may also shift to property and other assets? Yet I thought that we have seen the high in the property market already? Thanks for your useful insights […]

Everything has moved to the extreme, which we will discuss tomorrow. In gold, our opening pivot point for today jumped to 1220.73. That meant an opening below warned we should close lower, which we did slightly. But the low on the first Benchmark took place 51.6 (6 x 8.6) months from the 2011 high and […]

QUESTION:  Martin, You have said on multiple occasions, that gold will only rise when the Market loses confidence in the Gov’t.This Mid-Benchmark Rally you note here in this article.is this a temporary blip???, temporary rally???, that will still pop and go bust to the low side??? Or are people losing Confidence in Gov’t now??? is […]

  We are finishing up the world currency reports. The reports are not ready at this time, but we will make an announcement once they are available. As we stated at the conferences, nothing appears ready to break before May. Nevertheless, the crazy period ahead appears to be the 2017-2020 time frame. The euro held […]

The BOJ certainly woke everyone up this morning having concluded their meeting with the expectation of negative interest rates. Within seconds the Nikkei leaped 700 points only then trade back then spent the final 90mins climbing to close the session +2.8%. Adversely, the Yen was hit reaching 121.50 in Tokyo trading a loss of a […]

QUESTION: Hi Martin, How long has the central banking era been going and will it come to an end? How many central banks create liquidity for governments by buying their bonds? Cheers SL ANSWER: I understand that central banks have been demonized and the great conspiracy centers around their ability to create money. Creating money is […]