QUESTION:  Hello, I do not understand what Martin say about the fact that the Greek debt doubled when it changed into euro. Indeed, if the currency is twice the value of the old one then all your debt will double as Martin said. However all your assets will double in value too. So it is […]

  This year, 2017, is the beginning of the Sovereign Debt Crisis. While Greece is popping up on the financial radar, the Euro rescue in Portugal has also completely failed to reverse the trend of the country. There has been no effective relief from the debt crisis in Southern Europe. The debt in Portugal is also […]

QUESTION: Hello Martin, I was wondering if you could write a piece on the Norwegian real estate market? The market has gone complete mad the last couple of years with salaries declining, and housing prices booming. Over 40% of Oslo is now owned by people not leaving there. A lot of apartments are empty because people […]

One of the quietest days in a while with even the JPY trading in a fairly tight trading range, less than one Yen (113.00 – 113.80). Early talk surrounded Fed’s Member (Patrick Harker) who commented late in the day that March is still in play for potential move. US Dollar bulls needed no encouragement and […]

QUESTION: Marty is the rumor true that there is huge short-covering going on that is taking the US share market higher? ANSWER: Of course. As I have stated, our model tends to show the point of no return is in the 23000 level, not here. This rally since 2009 has been the most BEARISH rally […]

QUESTION: Mr. Armstrong; At the WEC you said the Fed would allow its balance sheet to eventually shrink, it was trapped and could not sell off its holdings. Yellen seems to have come out and said the same thing. Is this advice you have given in Washington? XM ANSWER: What Yellen has said is that the […]

Asia benefited from new record highs in the US and really set the pace for the end of the week. The Nikkei was certainly the star performer adding 2.5% on the day taking the index to 19,400 with many talking the psychological 20k is next weeks target number. The JPY suffered against the USD falling […]

China has called all Bitcoin exchanges to a closed door meeting looking to shut down the flight of capital from China. China is looking to deal with the expected trade confrontation with Trump and looking to shut down the flow of capital that has been putting a downward pressure on their currency. We can see […]

The EU leadership is really trying to make Great Britain pay dearly for voting to exit the Community. Like the socialists in America, it’s our way or no way. The left may call the right the “deplorables” but the left are the “intolerables” who refuse to ever consider they might be wrong. The EU thinks […]

QUESTION: Marty; You gave the resistance in the Dow at 20,158 and it stopped at 20,155. Gold you gave a buy signal at the close of 2016. You give us specific numbers to reach for a bounce or a collapse. Gold is rallying now on claims that the latest run up is attributed to the uncertainty […]