QUESTION: Dear Mr Armstrong, I hope your well. Please could you elaborate on your post: “Consolidating all the debt in the EU” Of course you were correct and if these brain dead idiots had listened to you they would not be in this mess but surely the EU exploding with a sovereign debt crisis is […]

  John Noyce, 36, Goldman’s top foreign exchange analyst is dead. No details were given at the time of his death, but recent reports claim he succumbed to cancer. Speculation is running wild given the recent fines for manipulating foreign exchange by banks. Any connection is still speculation. The rumor under the breath in circles concerns […]

The purpose of the Reversal System is to provide confirmation of a trend. In gold, the potential for a pop into June required a weekly closing above 1239. We wrote on May 15, “A weekly closing above 1239 should confirm the pop to the upside. The key resistance technically stands at 1309 area.”  We failed to close above […]

In Fredensborg, Denmark, ten official cars from the Tax Administration Office were set on fire and destroyed overnight in a protest. Police received notification Wednesday night at 3:09 a.m. that the Tax Administration offices on Kratvej were on fire. So far, there are no suspects. The police will undoubtedly hunt for someone retaliating against the Tax Man. On February 18, […]

COMMENTS: (1) Marty, are there any key downside support levels we should be paying attention to here? That call from your computer model warning us to look out below several months ago, all while the Euro Bunds were continuing to rise and setting new lows for yields, is absolutely remarkable! (2) When you said sell the […]

There have been multiple bomb threats called in against U.S. aircrafts, curiously timed in a possible attempt to support refunding the NSA. The threats, five in total, were similar to chemical weapon threats made against an aircraft last week. Clearly, the claims were fake, and although NBC News reported that the threats may have been made by an […]

Thomas J. Hughes, a 29-year-old investment banker allegedly took his life by jumping from a luxury apartment building at 1 West Street in Manhattan last week. Per usual, the NYPD immediately declared it a suicide. Strangely, serious investigations never took place and similar deaths have occurred within the past 18 months all declared suicides. Wall […]

Not all debt has the same economic effect, for like ice cream, there are at least three basic flavors: If someone borrows to create a business, this is the most productive form of debt, which expands the economy producing real jobs. Next we have the “bring it forward” debt scheme. This is a mortgage that brings future […]

Julia Livilla (18 – 41AD) Julia Livilla was the youngest Child of Germanicus and Agrippina Senior. She was born on the island of Lesbos during her parents’ tour of the eastern provinces. She is best known, like her sisters Agrippina Junior and Drusilla, for the alleged incestuous relationship she had with her brother, Caligula. Suetonius, the earliest […]

QUESTION: Mr Armstrong; You have written that the Federal Reserve remains on track to raise interest rates later this year and this will accelerate the capital inflows driving the dollar higher. You previously warned that this will also set off further defaults in emerging market debt and you have also said that the pension funds […]