Asking €747,000 QUESTION: Possible Correlation with ECM-peak in Nov. 2017? Mr. Armstrong, just today I became aware of your story and your life’s work. Your theory is captivating, especially in the light of a series of unsettling changes in my work environment. All of this near Nov. 24-25, a predicted turning point within your ECM […]

Another solid day for Asia with many talking that the key takeaway was the Hang Seng clearing the 30k mark, the first time in 10 years. It even managed a close above this psychological level adding another 0.6% to the 36% already achieved this year. The Nikkei also added 0.5% an impressive performance given that […]

Merkel faces the worst crisis of her career and many behind the curtain are starting to wonder if she will even survive. The German Federal President Steinmeier could not actually order new elections immediately. The procedure in this regard is quite complicated in Germany. The earliest possible alternative would be to hold new elections come […]

Asia followed the strong US sentiment encouraged by better than expected data. Much of the moves however, can also be explained by increasing capital flow away from troubled areas. Mondays flow was forced after news that the German Chancellor Angela Merkel failed to form a government suggesting new elections. With the Euro losing ground we […]

Asia closed mixed in a fairly quiet session but ahead of what could be a wild week. The Nikkei’s decline was very much reflected in the Yen’s strength. Financials again weighed on the index but this is a reflection of both low volume of shares traded and the shape of the yield curve (2’s – […]

  QUESTION: Mr. Armstrong; Your post of November 16th where you state that the ECB is looking to freeze accounts in a banking crisis, does that mean they will no longer honour the claimed insurance of €100,000 per account? PH ANSWER: No. They will not pretend to eliminate that insurance, they just will “suspend” it […]

Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed. Merkel only received 32.5% of the vote, which is probably the lowest vote of any major world leader. The FDP pulled out of negotiations thrusting Germany into a political crisis and ever closer to a possible new election. Meanwhile, […]

QUESTION: Mr. Armstrong; All the news here in Britain is always how bad it will be if we leave the extortion ring in Brussels. You have mentioned that we are the biggest market for German cars. What will Brexit do to the EU? Thanks GD ANSWER: Once the British exit from the EU “extortion” ring as […]

QUESTION: Mr. Armstrong; I want to thank you so much for shedding light on what can only be deranged forecasts on the dollar and gold and never change regardless of how much money they lose people year after year. I received this email with the headline How Much Longer Can the Petrodollar Survive? They claim that […]

  Asian markets opened lower with markets continuing the slide as the day progressed. The Nikkei took the trophy for being the weakest component with a daily loss of 1.6%. With declining energy and commodity prices coupled with poor economic data was enough to take the market lower and the immediate effect was a strengthening […]