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October 15, 2015
COMMENT: Hello sir, In your last blog article about France, you mentionned the come back of Sarkzoy. Although, i do not rule out a possible victory, he has few chances as he’s one of the most despised politician in every single opinion survey in France. He’s considered as clueless and corrupted than Hollande. Since […]
October 15, 2015
We need gold to close above 1187.50 tomorrow to signal that a further upside is possible. We need a daily closing above 1206 to suggest pushing higher. If we can get a weekly closing ABOVE 1210, then we can see a pop up to the key technical resistance at the 1285 area. Caution is ADVISABLE. The further we […]
October 15, 2015
One of the fascinating aspects of ancient stories has been that there seems to be truth lying between the accounts. In the case of Homer, the academics pronounced that Homer was a story written for children and not history. Heinrich Schliemann disagreed. He was not an archaeologist, just a history enthusiast with money. He discovered Troy and most of […]
October 15, 2015
Putin has revealed that he is far more intelligent than the Western media likes to portray him. Putin has pointed out that during the last two World Wars, Russia was one of the allies of the United States. Yes, Russia turned communist and was reluctantly one of the allies during World War II, but that […]
October 15, 2015
Nicolas Sarkozy is recognized by the French parties on both the right and the left as a very skilled politician. Sarkozy was the president of France from May 2007 until May 2012 when he was by the socialist Hollande. Well, Sarkozy is back. Friends of his are shuffling the press, putting their own people in, and replacing managers […]
October 15, 2015
QUESTION: Mr. Armstrong; I have been in the industry for more than 30 years. There is nobody who has called the shots better than you and your numbers are absolutely amazing. You said the ECM should make at least a temporary low in the Dow and that it did. It bottomed the day before which […]
October 14, 2015
Globally, it has not been a pretty day for equities. Asia and U.S. indices are down with the worst being the Nikkei (off 2%) and that carried into the U.S. session losing another 1%. It appears the world has finally awoken to the fact that the economy is on life support with little to no sign of a recovery anytime soon. Today’s sell-off […]
October 14, 2015
QUESTION: Will higher interest rates hurt gold if they reflect demand for money and inflation? ANSWER: Analysts have said that higher interest rates would hurt gold because gold does not pay interest, making it a less attractive investment. This just does not stack up. Rates rose into 1981 and gold rose into 1980. The exponential […]
October 14, 2015
https://www.youtube.com/watch?v=Syjp9lsWBhc Comedian Jonathan Pie plays a reporter who grows increasingly mad at his boss for telling him what to report through an earpiece. Pie loses it after his boss tells him to stop complaining and report the “F__KING NEWS”. If you have a problem with that sort of frank language, do not listen to this one. It […]
October 14, 2015
QUESTION: Mr. Armstrong; there are claims that silver is in short supply and since the prices are low that proves it is a manipulation. This seems to be the same constant theme to sell metals yet at the same time they are saying it is manipulated so why bother? Can you shed any light on […]