European Commission cuts its forecast for Eurozone GDP growth falling to 1.1% with slowdown in emerging markets cited as a key factor. These people cannot see that raising taxes and proposing taking 10% of everyone’s accounts is not DEFLATIONARY? This should be a case study for bread-dead thinking. There is just no rational explanation how people […]

QUESTION: During the Panic of 1869, gold hit $162/oz on an intraday basis. Grated this was measured in “greenbacks” rather than FRNs, but in terms of purchasing power, wouldn’t that be gold’s real all time high? What might that be, if adjusted for subsequent inflation?  Finally, given that no one—other than Methuselah and maybe Shirley […]

IMF compulsory levy plan will be the largest expropriation of assets in history. These people view your assets as theirs and the entire problem is they are lawyers who justify this in their mind based on the fact that you are merely an unsecured creditor. The EU Commission charged with creating the Euro took the […]

The Obama administration, is under tremendous pressure over the botched opening of its healthcare website. They have scrambled on Tuesday to try to appease hundreds of thousands of people whose coverage is being canceled as insurers prepare for reforms in 2014. http://www.reuters.com/article/2013/11/06/us-usa-healthcare-tavenner-idUSBRE9A40WS20131106

QUESTION: “… can you please comment on how an equity like IBM has “STRONG” , in dark green for the weekly….And has “MOVING HIGHER” in Lt Red for the monthly?” ANSWER: With GMW you must understand that this is dissecting every market according to time. You can have a market that is bullish daily and weekly […]

QUESTION: Mr Armstrong, Always a learning experience when visiting your website. In view of your recent articles about the difficulties faced by hedge funds(e.g. SAC Hedge Fund being shut down,Largest FX Hedge Fund Closing Down,Commodity Hedge Funds are collapsing) do you consider that the Hedge Fund industry has peaked? JR ANSWER: Yes. This is also […]

I have been warning for years that once Solomon Brothers was taken over by PhilBro back in 1981 and Goldman Sachs went after J. Aaron, Wall Street was taken over by the Commodity Industry. Trading became the priority and market manipulation was the name of the game. But to the contrary of the conspiracy theorists, […]

New York votes for a new Democrat Mayor, Bill de Blasio who seems poised for landslide victory. Mr de Blasio has run against everything Bloomberg has stood for and gained tremendous popularity by standing up against Bloomberg’s unconstitutional Stop-and-Frisk policy where police can search anyone at anytime on a whim. Only someone like Bloomberg could possibly […]

J.P. Morgan as the Pied Piper QUESTION: Hi Mr. Armstrong, Just a thought. If everyone starts using your computer model then where does an investor’s edge come from? As you have said in the past, not everyone can get rich doing the same thing. Thanks as always, MB ANSWER: Don’t worry. I will never get 100%. Even […]

The Russian have come out and stated that the Saudi’s were behind the chemical attack in Syria to instigate the war. They want Syria gone so they can run their pipe line to Europe for natural gas.