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February 12, 2016
We have two Weekly Bearish Reversals in play today. The first is a key level at 15994 and the second is short-term at 15942. Certainly, a closing beneath both will warn that the Dow may break to test under the 14000 level going into as late as the week of February 22 near-term and possibly […]
February 12, 2016
QUESTION: Mr. Armstrong. Are you calling this rally in gold a false move? What does it take to get you bullish? Will you ever be bullish? ANSWER: When all markets line up and display that there is a trend in motion, which is then definitive, I will clearly state so. Gold has performed in a typical […]
February 12, 2016
Christine Lagarde does not want to leave the IMF that rules the world from the Troika, which has become an unelected dictatorship. These types of people never want to leave once they get a taste of the awesome power that makes the press lick the ground they walk upon. Lagarde has “offered” to serve another […]
February 12, 2016
European Council President Donald Tusk has warned that the EU is in danger of a total collapse. He has come out to say that David Cameron’s referendum in Britain will be copied by other member tactics for their own “egotistic goals.” He has said this will unleash the unthinkable: democratic rights for Europeans to disagree […]
February 12, 2016
I have been warning that Chancellor George Osborne is probably going to go down in history as the man who destroys what is left of the British empire. He has done everything wrong. Seizing pension funds to be invested by his decree is up there with Argentina’s standards. Osborne is currently putting in place […]
February 12, 2016
While we are living in a fictional world where we assume we can manipulate the outcome of our social economy, major advancements are being achieved in the real world of science that further demonstrates that the core of everything is its cyclical nature. Here is the latest discovery confirming gravity waves. The photo above is […]
February 11, 2016
Our Opening Pivot Point for gold tomorrow is still above the market coming in as 1272.40 while the Dow lies at 15497.74. In the euro, it rests at 1.1381. Keep in mind this current trend can continue into Monday. So watch the 1309 level for gold; 15370 was last year’s low in the Dow with key […]
February 11, 2016
It must feel like there is no end in sight for the Japanese stock decline as futures continued their decline despite the cash being closed for a public holiday. We did see the return of the Hang Seng with a -3.8% decline after celebrating the Lunar New Year. Again, oil was the top “excuse” having seen […]