Asia resumed its charge with a strong open in the Nikkei and never really looked back from there. Throughout the day the Nikkei made steady progress finally closing +1%. Hang Seng was also strong closing over 1% higher on the day. Shanghai was the lag index for the core closing down 0.2% but was off […]

Just the other day, Patrick Calvar, head of the General Directorate for Internal Security (DGSI), France’s equivalent of MI5 or the CIA, warned that in the aftermath of last year’s terrorist attacks on Paris, any further Islamic attacks might lead to a new French civil war. The total French population is 63.9 million people of which almost 10% […]

QUESTION: Do you think that Comey is protecting the Democrats by refusing to indict Hillary when he was originally appointed by a Republican? Why the switch? ANSWER: Let me explain something here. I believe Comey was not about to recommend an indictment on Hillary. But Comey’s role is the head of the FBI, not a […]

The three main credit rating agencies have been downgrading government debt at an alarming rate, which confirms our computer models, albeit a tad late. The first half of 2016 has seen more sovereign downgrades since the crash of 2009. The first six months of this year saw Moody’s downgrade 24 governments, Standard & Poor’s 16 governments, […]

QUESTION: Marty; You do not reply just on cycles. Your Reversal System is incredible. That seems to be something nobody can match. Then you also use your proprietary technical analysis and your Global Market Watch is purely pattern recognition that is also highly unusual. So I am correct in that no single model produces the […]

Asia gapped open higher on continued strong sentiment brought forward from Abe’s election landslide victory weekend. The Nikkei saw a 1.4% rally at the open but was subject to profit taking as the day wore on. The JPY rejected the 105 handle and is seen in late US trading back towards the 104.30 level having […]

The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the formidable resistance going into month-end. The Daily Bullish now stands at 13350 and 13535 with the Major numbers being a Double Daily Bullish at 14725. We can see […]

Private Blog Update – Gold for July 13th, 2016

QUESTION: Marty, Given the accumulation of gold by China and other nations with large trade surpluses, along with the statements by Alan Greenspan, and the implementation of the Shanghai Gold Exchange, does this suggest that gold is being positioned to be re-introduced into the international monetary system? ANSWER: No. The statements of Greenspan seem almost […]

What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple, Microsoft, Google, and Cisco Systems hold about 10% of their offshore cash in US government debt, which earns these companies substantial sums in interest. So they are earning interest in dollars while parking money […]