Showing 3008 Results for dollar
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Showing 3008 Results for dollar
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December 11, 2015
QUESTION: Mr. Armstrong, you have said that gold adjusted for inflation has not exceeded the 1980 high. Have we exceeded the 1929 high in the stock market? Just curious KW Dow Jones Industrial in LOG Scale ANSWER: The 1929 high on the Dow Jones Industrials was 386. That adjusted for inflation in 2015 dollars would […]
December 10, 2015
Japan opened weak following the poor close in the Dow yesterday especially having seen triple digit gains at one stage. Given that Hang Seng and Shanghai were both under pressure all day it was not a surprise all markets closed negative. All European indices opened lower and it was only the DAX (aided by the […]
December 10, 2015
Hardly a day to write about with Asian equities not really showing any indications of a direction, let alone a story, for the day. All core indices closed +/- 0.5%; even to fabricate a rumour would constitute just that — a fabrication! The European session was pretty much the same without much away from core DAX, and CAC […]
December 9, 2015
QUESTION: Marty, I believe you said if the Euro closes below 10365 for the year then everything would fall apart. If it closed above 105, then the decline can be more prolonged. What is the bullish level to reverse the downtrend? BK PS Great conference ANSWER: Yes, your two numbers are correct. The upside has […]
December 8, 2015
QUESTION: Mr. Armstrong, you said the decline in commodity prices will not reduce production but can actually accelerate output. How can this be? It does not make sense. ANSWER: Your perspective is too narrowly focused and solely dollar based. Because the commodities are declining in dollar terms with the dollar rising, in local currencies outside […]
December 7, 2015
The Investor level of Socrates is live by invitation only. Invitations can be requested at www.ask-socrates.com. This is ONLY the Investor level for the average person without reversals and arrays, which will be provided in the Trader level beginning January 1. Here you have the choice of selecting a 30-day trial for $10 dollars, which […]
December 4, 2015
QUESTION: Marty, it is amazing how these markets gravitate to your number like the 1043 in gold and 10530 in the Euro. You said at the conference we should watch the gold benchmarks like bookends and the bounce into the first warns of an opposite trend. Which week are you now looking for the turn? […]
December 3, 2015
Continued speculation that additional official support would be available next week in China supported the Shanghai Stock Index yet again. The strong close (of over +1.3% higher) in Asia has been short-lived as the events in Europe have reversed most, if not all, of today’s move (as seen this evening in futures trading). Initially, all […]
December 3, 2015
QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position was on the carry trade. The underlying “fundamentals” did not change, in fact they got […]
December 3, 2015
The Thai government has taken steps toward the elimination of cash moving forward. Thailand is abandoning its ‘safe haven’ image. This is yet another step to drive capital to the dollar. (Note: this chart shows the Baht against the dollar so a rise reflects the rise in the dollar decline in the Baht)