COMMENT: Hi Marty, I have followed your work for more than 7 years now and it is fair to say that you have opened my eyes and mind to how the world and global economy really functions. This morning on my way to work I read an article in a major newspaper here in Melbourne […]

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 […]

QUESTION: Marty, at the Conference you said we could conclude this in the first quarter if we get the alignment. It does not look like we will get the alignment since gold is up and the Dow is down. This is why you have been saying this looked like it was postponing into 2017? ANSWER: […]

QUESTION: Marty; as you know I have worked on the bond desk and am now looking to get out and retire. You are so right. The 10 year is the old 30 year and nobody buys the 10 year with any expectation of holding it for 10 years. The debt has been sold only because of […]

European banks are in a real crisis. They have been decimated by fines and trading after they tried to mimic their New York competition without the same expertise. Then they had to use euro debt of member states as reserves. Next came the rising taxes and the push to enforce taxation which has seriously harmed […]

Everything has moved to the extreme, which we will discuss tomorrow. In gold, our opening pivot point for today jumped to 1220.73. That meant an opening below warned we should close lower, which we did slightly. But the low on the first Benchmark took place 51.6 (6 x 8.6) months from the 2011 high and […]

Overnight, we saw one of the largest declines in a long time when the Nikkei closed down 5.4%. Exporters (Toyota, Nissan, Sony) were all off around 6.5%. The 10yr JGB (Japanese Government Bonds) traded below 0% for the first time ever. The currency gained 1.8% to trade 114.20 during the European trading session. With the […]

We have ended a busy week for equities with a mixed session for Asia and it was the Nikkei that was to spoil the party yet again! Closing the day down 1.3% this puts the Nikkei index return on the week at -5.9%. Had we not seen a large bounce at the close the losses […]

QUESTION: Dear Mr. Armstrong, I have a question for your Blog . Do we need a falling dollar, like today, to see Gold rise? Thank you SH Germany ANSWER: No. When the majority begin to see that the government is really in trouble, gold will rise with stocks as they did going into 1980 as well as […]

QUESTION: Marty: I have been waiting to sell the Euro on that reaction rally you have been calling for since your post on January 9th. You stated there that a weekly closing above “11055 area and a small gap up to the 11365-11375 area.” Do you think this will reach your 116 target or stop […]