I have stated for years that the banks are NOT great traders – they are manipulators. You can tell the bias and untrustworthiness of mainstream press for just about every organization criticized Greg Smith’s book – Why I Left Goldman Sachs. Any journalist who dared to support Goldman and diminish what Smith wrote about is […]

The dollar haters remain fixated on supply is supposed to determine value with a very myopic view that never considers DEMAND. They simply cannot understand why the dollar has not collapsed and in turn cling to some wild all-powerful conspiracy behind the strength of the dollar. I have stated countless times, the money center banks […]

QUESTION: Mr. Armstrong; Thank you so much for what you do. My son actually introduced you to me. He works in New York at a major bank and says everyone reads you because you actually have experience. He said there is talk about electronic money, but was not entirely sure why the banks are behind […]

The rout in the US share market has many talking heads patting themselves on the back. But this is by no means a major high. The Cash SP500 had finally broken out above the Breakout Channel. It is typical to come back and retest it before advancing. The cash closed at 179029 and the channel […]

The fourth quarter real estate in Singapore turned down showing that the whole Emerging Markets did tend to peak out with the ECM last August. This has led to a flight of investors from the once-booming emerging markets sector that is similar to the shift in what we began to see in 1994 that manifested […]

The Global Market Watch has been posted for the close of January 24th, 2014. Global Market Watch

Nigel Farage tells it like it is – Europe is by no means a democracy – it’s run by big banks, big business, and big bureaucrats. There is no actual democratic movement. The EU Commission has no problem removing any politician who dares to stand up against them. Yes, I accept cookies and get the […]

Attorney General Eric Holder claims no bank is too big to indict citing the fines he got from J.P. Morgan, reported by Reuters. But those are fines, not a criminal indictment of the bank that has shut such institutions down. When they actually go after Goldman Sachs then we can perhaps believe him. They are […]

Cameron loses fight with EU over allowing short-selling. The European politicians think they can prevent a collapse by outlawing short-selling. What these morons fail to grasp is that once a market turns down and confidence vanishes, the ONLY support is short-covering. Without that, you get the 90% declines as was the case during the Great […]

The uprising in Iran was met with secret police going after anyone who joined the protests. Ukraine is adopting the same methods. Instead of confrontation that makes the TV, they are targeting anyone who participates in the protests individually and their families. This is not like civil war in the sense of one-armed group against another. […]