COMMENT:  Good morning, Martin. Yesterday I bought an old booklet printed for 10 NoK at the Armed Forces Museum: “Laws, resolutions and prescripts due to circumstances of war”, by the Justice Department, printed in Kristiania (now Oslo) in 1917. I thought I there would find the outline of a recipe for what may come here […]

We warned that 2015.75 was the turning point to the start of BIG BANG. As we now have entered the down wave on the Economic Confidence Model, things will begin to heat up. I have warned that our current crisis in 2016 has been created by the total mismanagement of government by politicians. This year […]

Reuters has put together a catalogue of armed confrontations with the U.S. government over the past few decades. Interesting review.

Asia started weak (again), not China, but the Nikkei (-1%) and HSI (-1%). China actually performed better (+2.27%) with dealers quoting the off-shore FX weakness as a consequence. The yuan (off-shore) lost around 1% to close at a low of 6.7315 (a five-year record low). Obviously, North Korea’s claim that it has successfully carried out […]

QUESTION: Marty; I am curious what you thought of the Big Short especially since you are the one who got the timing right to the day. In markets, I do not have to tell you that being too early is more dangerous than being too late. Since that fateful day on the floor when the […]

Hillary’s big money comes from NY bankers. Guess what? Hillary is defending the bankers as is her husband. Hillary claims she would endorse an approach that would break up large banks if they take excessive risks. That is very vague. However, Hillary has also stated bluntly that reinstating Glass-Steagall would not address the types of institutions that […]

1952 CIA Document to Create Nationalism in Afghanistan QUESTION: Mr. Armstrong; I read with great interest your insight into another motive behind the illogical attempt to overthrow Syria with respect to Genie. Do you agree that ISIS has been initiated by the CIA? ANSWER: America’s ambitions to topple governments in the Middle East goes back to at […]

Certainly, the markets were a lot more sedate today than they were on the first day of 2016! All eyes were on China after yesterday’s exchange close and initially, we did see a rather depressed (-2.6%) open, but only to recover within minutes. Most of the day was spent in and out of the red […]

The NSA has been caught taping conversations between Capitol Hill and Israel. Glenn Greenwald reported that the “NSA under President Obama targeted Israeli Prime Minister Benjamin Netanyahu and his top aides for surveillance. In the process, the agency ended up eavesdropping on ‘the contents of some of their private conversations with U.S.'” He notes that those who supported […]