QUESTION: Dear Mr Armstrong, First of all, congratulations for all the public information that you are offering in your website. For humble learners like me is fascinating. Your ECM says that there would be a peak in October. Could it be a peak in the confidence in the Dollar as a reserve currency? I would […]

The Japanese yen has peaked against the dollar. The dollar in fact elected a YEARLY Bullish Reversal at the end of 2014. This is yet another confirmation that we are facing a strong dollar ahead, ushering in this age of DEFLATION, which should start to hit in the USA after October. This is impacting everything, not the least of […]

QUESTION: It seems as though the rally in gold is short covering? If it is, and all bottoms start that way, why is this not the bottom? Always read your work with great interest. Yours truly, JB ANSWER: Major lows are always short-cover rallies, but they are much more dramatic. Here we had gold struggling to […]

The dollar rally and the devaluation of the yuan is not a fluke and it most certainly is not a one-time event. The dollar declined against the yuan for 19 years during the same timing that saw gold decline from 1980 to 1999. The major low on an annual closing basis at 2013 and 2014 was an outside reversal […]

Saudi Arabia has announced the end of the petrodollar is upon the world by 2032 — the peak in the ECM. They now announced plans to invest by 2032 a total of $109 billion in the solar industry and become an exporter of electricity.

The traditional mumbo jumbo is dollar up, gold down. However, we may be entering a completely new phase. Gold and the dollar may no longer be archenemies. They are actually now moving to the same side of the fence, for the common enemy is the rapidly approaching electronic money, with so many analysts at banks […]

The latest scandal is the DEA sex parties. Let me state this right now. EVERY drug dealer who had serious cash in NYC federal prison stated bluntly the amount of money reported as confiscated was about 50% of the real number. When they told their court-appointed lawyers, as corrupt as anyone can be, they said […]

Some have asked will the dollar has previously fallen with higher interest rates so why will the opposite unfold now? The answer to that question is rather important to grasp – YES and NO. Sometimes YES and sometimes higher interest rates reflects a weak currency but NO for higher interest can reflect also a strong […]

  We have a shot that today may provide a temporary low for the Euro. We do have a Daily Bearish Reversal at 10546. So far the Euro has fallen to 10510. As you cab see, we also have technical support today at the 10549-10543 level.  So a closing back ABOVE 10546 today will raise […]

We did elect a Weekly Bullish back at 9000. We have reached back to 9347 where our resistance begins at 9361. We need a weekly closing back ABOVE the 9574 level to signal the dollar will move to new highs even against the Swiss. You will notice that not even the drastic collapse during the […]