The news pundits call the minutes from the Fed’s December policy meeting showing a growing concern about further increases in the central bank’s $2.9 trillion balance sheet since 2007-2009 a “surprise” for Wall Street. Quite frankly, how could anyone take QE3 seriously as being open-ended when it was announced before the elections? Come on! You […]

The support in 2013 will be at 11,900, 11,650, 11,025 and resistance at 13340. For those attending the technical training seminars, here is a glimpse of the three 1985 projection lines that have defined this entire ECM wave of 51.6 years from 1985 into 2032. The 2007 high was slightly over the projection for that […]

The Year-End closings for 2012 were in the S&P 1,426.19, Dow Jones Industrials 13,104.14, Nasdaq 3,019.51, EURO/USD 1.3191, US 10-Year Bond 1.76%, Gold $1,674.30, Crude Oil $91.59. Economic growth will rebound in Asia including China as well as the BRICS (Brazil, Russia, India, China and South America) . Europe will be the worse on the […]

The numbers are always the numbers. The amount of voter fraud is off the planet. Obama won in every state that did not require a Photo ID and lost in every state that did require a Photo ID in order to vote. Some places all votes went to Obama and none at all to Romney […]

TAX DEBATE PRINCETON UNIVERSITY JUNE 24, 1997 STEVE FORBES:  I would like to thank Dick for putting on this forum tonight and I would also like to thank all of you for coming out on a very nice weekday evening to hear a lot of hot air from the people on this panel. It reminds […]

There has been a long-term trend in major inflations and deflations. The numbers are 23 and 26 years. There is sufficient data that has survived even from the Temple of Apollo on the Island of Delos which was essentially the ancient world’s central bank. Just as we know there was a major default of some […]

In 1993 when the CFTC first picked up excessive trading in silver at PhiBro, the CFTC ran in and demanded to know who the client was. PhiBro refused to tell them it was Warren Buffet and the CFTC said exit the trade. That is why they began to move to London. It is becoming increasingly […]

  Copyright Martin Armstrong All Rights Reserved December 6th, 2012 The Roosevelt Taking of Gold Was Unconstitutional Gold is a commodity for trading as well as something you put in your sock drawer for a rainy day. They are two different things entirely. The fanatic Goldbugs who argue only gold will survive and hate my […]

The Sovereign Debt Crisis is of profound importance. What is grossly being overlooked is both the exposure of banks to sovereign debt in Europe as well as Japan. In the case of the former, France has more exposure than all of Europe combined. The French have actually proposed lowering the retirement age from 62 to […]

The greatest problem we have is that liquidity is down by more than 50% still since 2007 on a global scale. Governments are getting so aggressive with taxation they are killing the global economy causing capital to just hoard. This nonsense of terrorism has created a global tax gathering process that is unbelievable. Hotels in […]