The CONFIDENCE in the Ukrainian government is collapsing. The price of food is soaring as people now believe their currency will buy less with each passing day. The hrynya has fallen below 4 cents US. Like German Hyperinflation, here too we see people trying to spend their money on food as soon as they get it. To […]

Spain wants to collect taxes for citizens on Facebook and Twitter using what they say. Spain has its Financial Police to hunt down its own citizens and shake them down or imprison them as they are desperate for money. Last year, Spain went after known athletes for tax evasion. In addition to the social networks, the tax authorities are […]

 has German Finance Minister Wolfgang Schaeuble has threatened Greece with the state bankruptcy if Athens did not serve its debt with the ECB and the IMF. Greek Finance Varoufakis said they would like to pay, but would not have the money. He therefore wants to negotiate with the ECB on a haircut.In this case, billions would be lost to […]

QUESTION: Marty; I was at the second 1987 WEC Conference in Princeton. I remember asking you about gold and you said it would decline for 19 years into 1999 and then start to invert in preparation for Big Bang. I have never known you to be wrong yet. You clearly said gold peaked and would […]

I have written before how strange symmetry seems to unfold with the names like the last Roman Emperor having the founder Romulus and the first Emperor Augustus. The same in Byzantium and even the forecasts for Popes. I have explained that it made perfect sense that the first Sovereign Default should be Greece for that […]

QUESTION: Hi Marty,   The unbelievable amounts of research you have done and the knowledge you impart on your blog is just amazing, and is what inspired me to start trying to analyse markets and make forecasts of my own. Your personal grasp of the big picture and the computer system you have subsequently designed […]

  QUESTION: Mr. Armstrong; Is it really possible to combine all three forms of analysis in a coherent manner that is consistent? ANSWER: No. Anyone claiming this can be achieved really has no experience and is more likely than not a snake-oil salesman. The vast array of fundamentals that are taking place simultaneously can never […]

Human nature tends to create followers as a whole because of confidence. Financial Panics unfold because the whole is in a state of panic. This is why paper-shorts are so essential to stabilizing the markets. When everyone is in a state of panic, only a mad man would buy. The short player is critical for […]

Subprime consumer borrowing — encompassing auto loans, credit card loans and personal loans — climbed to $189 billion in the first 11 months last year, the highest total since 2007, according to a study compiled for The Wall Street Journal by Equifax. This is precisely what I mean about living with the cycle. People will spend […]

The Austrian ECB member Ewald Nowotny warns to kick Russia out of the international payment system. SWIFT is a neutral service and not a political instrument. Great Britain and the United States have called this step several times in the past. The people in the USA and Britain who even suggest this are trying to create a […]