QUESTION: Hi mr. Armstrong, I’m aware of your blog for almost a year and try to daily follow your posts. I’m from the Netherlands and also over here government and other officials try to make the people believe that we’re recovering from the economic crisis. There is no mention given about a coming debt crisis. […]

Yellen has inherited a complete nightmare. Thursday’s decision to delay the long-awaited liftoff from a zero interest rate illustrates that the world economy is totally screwed. There is a lot of speculation about why the Fed seems so reluctant to “normalize monetary policy”. There are, of course, the typical domestic issues of low inflation and weak wage gains […]

It was a mixed session for Asia yesterday after what has been a very volatile week. The talk remains as to what China’s next move would/should be and “if” the Fed will move next week. This been the most awaited Fed decision in years and has been the hot topic just about everywhere. It was a clearer […]

 Questions submitted by the Spanish Press Q: You predicted an economic peak by October 1, and you suggest there may be a U.S. government shutdown on that day. What’s going to happen in the following months? A: 2015.75 (September 30/October 1), is the BEGINNING of an economic trend rather than the end. It also happens to be the […]

The Austin Texas Bullion Direct has filed for bankruptcy and it is alleged that $30 million in metals that were supposed to be in storage is gone (Bullion Direct Bankruptcy-Case-Filing-7-20-2015). This is one of the bigger problems with the gold promoters claiming to be storing customer’s metals without independent audits, insurance, etc. This was a problem after […]

The failure of the Dow to close above 17007 confirms that we are not yet ready to take off to the upside. We needed a closing ABOVE 17007 to firm up the market to state definitively that the August low will hold and new highs are ahead. We needed a minimum closing ABOVE 16632 to firm up short-term support. The […]

Over the weekend, The Financial Times reported that Beijing would abandon its large-scale share purchases. This story sparked declines in China’s A-listed shares, although the Shanghai Composite pared losses to close 0.8 percent down. Then there is Jackson Hole and how amazingly stupid people are who do not understand what the Fed has been saying […]

  QUESTION: Dear Martin, Although I am not that knowledgeable in Economics, I have been following your blog for some time now. I am intrigued by the patterns Socrates unearthed regarding human behavior. I can appreciate a good puzzle. We keep repeating  everything  we do, but it grows more devastating as our technical  knowledge improves, […]

QUESTION: Mr. Armstrong, Thanks for all you do.  I do have one question in regards to the Phase Transition above 23000 into the 35000-40000 number you have spoke of.  If we experience a close below 15500 for the month of August and see a continued correction into October to  around the 12000-13000 number would the […]

Back in May of 2013, Paul Krugman said there was no bubble in bonds. Now he is back saying that debt is good and there is not enough of it. So just what is going on in his head? Of course, the hyperinflationists will point to all sorts of things and predict the end of society is near because of debt. We obviously […]