The Fibonacci stuff is just a interesting curiosity that merely showed the resistance at 17633 level. This is by no means a definitive tool. Just a confirming tool at best. If those monthly bearish reversals go, yes we retest support. The support in 2012 was 1400. That moves down to 1100 for 2013. As far […]

While it is likely that the US politicians will vote now before the new Congress comes in because that was the deal (lame-duck), there is a serious consequence to this sort of crisis management that Congress has preferred waiting to the last minute for everything. When I wrote that the threshold for reporting money transfers […]

President Barack Obama is due back in Washington early Thursday for a so called final effort to negotiate a deal with Congress to postpone the “fiscal cliff” of tax increases and government spending cuts set to begin next week. No specific bill dealing with this fiscal cliff was on the schedule in either the U.S. […]

We look like we are still here – or at least I am and back in the USA. In the Maya report I provided the the real story. To the Maya, this was a BEGINNING, not an end. There is a high correlation to political changes with the Maya Baktuns – 394.26 years. This may […]

One question I get a lot is how long has Sovereign Debt Defaults been going on. Just for the record, kings use to borrow from the temples. In Greece, the first recorded default in history took place during in the fourth century B.C., when 13 Greek city states borrowed funds from the Temple of Delos, […]

While Europe is in an economic Sovereign Debt Crisis hunting down the rich like they are the prize in a fox hunt, the EU government spending, waste, and salary increases do not stop. The interesting aspect is they pass a law about salary increases and then point to the law and demand retroactive salary increases […]

Most of the big funds that had long-term gains this year have sold or are still selling to lock-in these lower tax rates before year-end. This is a phenomenon that has been caused by the Sovereign Debt Crisis and Obama being just brain dead when it comes to economics. Even stocks like Apple (AAPL) have […]

The one resounding thing that emerged from this world tour and holding conferences in US, Asia, and Europe, was that there is a universal rising tide that realizes something is seriously wrong. In having our computer forecast every market around the world, the benefit was that the analysis is the same, without emotion, and void […]

The United States is the ONLY country that taxes American citizens even if they have never lived in the United States at any time. Once born American, you owe taxes as an economic slave even when you receive nothing and have never lived in the USA. This law passed last December that authorizes the confiscation […]

  Copyright Martin Armstrong All Rights Reserved December 6th, 2012 The Roosevelt Taking of Gold Was Unconstitutional Gold is a commodity for trading as well as something you put in your sock drawer for a rainy day. They are two different things entirely. The fanatic Goldbugs who argue only gold will survive and hate my […]