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August 3, 2015
I want to thank everyone who came to “The Forecaster” screening at the AMC Theater in Cherry Hill, NJ. It was also a special night for my family to be able to attend. I was shocked that people flew in from Texas, Ohio, Boston, and even from the South. We are all in this together. […]
August 3, 2015
QUESTION: Thanks for the latest posts.I have 3 queries if you care to consider them. Some years ago you used to say $5000 and $12000 when contemplating gold’s upside.Now the latter seems out of reach.Can you indicate what caused you to change your mind? Secondly, regarding a possible Republican Presidential victory, does this correlate with a […]
August 3, 2015
Gold elected the Monthly Bearish at 1155 and we did so well below that level, holding the 1084 number both weekly and monthly. Our energy models are turning positive, so it does not appear that we will have major follow-through at this time. When you elect a Bearish Reversal that far from the number, you […]
August 3, 2015
The asset class within tangible assets in the immovable category is none other than real estate. This greatly varies from one location to the next. We face two main problems with real estate because we are facing a major Sovereign Debt Crisis. First is the fact we have a problem with leverage reflected within interest rates. While many tout […]
August 3, 2015
Behind the curtain, more and more Democrats are urging Joe Biden to run for president, since the Inspector General suggests that Hillary be criminally investigated for deleting emails and taking hundreds of millions of dollars for her pretend charity from foreign governments while acting as Secretary of State. Our computer model warns that the Democrats […]
August 3, 2015
QUESTION: Mr. Armstrong; Your timing has been incredible. It is becoming clear that your forecasts are time and price which are separate. You have opened my eyes to a whole new way to observing the world. Do you think gold will still reach $5,000 after 2016? Thanks so much RB ANSWER: Yes, but as I have stated […]
August 2, 2015
A group of hedge funds, who hold a large proportion of Puerto Rico’s debt, are now demanding for Puerto Rico’s government to fire teachers, collect more taxes, and reform labor laws, as the U.S. territory contemplates default. This is the battle between bondholders vs. the people, and it is not going to end nicely. While […]
August 2, 2015
Once again, Microsoft screwed the world with its Windows 10 feature called Wi-Fi Sense. This nasty feature has serious legal implications for it will automatically connect your personal Wi-Fi network to anyone in your e-mail list using HotMail, Skype, or Outlook, and even Facebook, making those friends questionable. If any such person comes within range of your home […]
August 2, 2015
The Board of the International Monetary Fund (IMF) decided on Wednesday not to participate in the next credit-round for Greece. The Board denied new loans to Athens because the country’s debt is too high, and the Greek reforms requested by the Troika are not likely. It is entirely possible that we will see Greece in crisis […]
August 1, 2015
Socrates will provide three primary levels of service: Investor, Trader, and Institutional. The distinguishing factors are designed based upon needs. We will have the overall outlook and trend for the Investor; the Trader will have access to timing and price target objectives as well. At the Institutional level, we will provide portfolio construction, asset allocation, and two […]