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June 13, 2013
The next key weekly target for a turning point will be the week of June 17th. This Friday, a closing BELOW 13133 will warn that the euro is starting to weaken once again after this short-cover rally. The key support remains 12137 and this is where a weekly closing beneath this level will signal the […]
June 13, 2013
The Euro made its new high today on the 17.2 frequency. We did not exceed the key resistance and if we now close lower, we should see a retest of support. A closing below 13180 will confirm a sell signal. The market volatility began on target so now watch the closing. Going into next week, […]
June 13, 2013
Germany is obsessed with hyperinflation just as the US is obsessed with reliving the Great Depression. Neither one even understands their own history. This interesting aspect is that despite all the press at the time, FDR did not follow the austerity advice of his Brains Trust who were lawyers. It was George Warren who saved […]
June 12, 2013
The crazy situation for Greece and Cyprus is their essential reliance upon tourism. To try to keep the German tourists, Greece is allowing German Police to protect German tourists in Greek Airports. This is a direct attempt to try to save the tourism revenue. http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http://deutsche-wirtschafts-nachrichten.de/2013/04/03/schutz-fuer-touristen-deutsche-polizisten-auf-griechischen-flughaefen-im-einsatz/
June 12, 2013
History stands as witness that those who live in cities are at the greatest risk as we move forward. This is why we see population increases in cities as the economy expands and then it contracts as the economy declines. City living becomes the most dangerous because everything has to be imported from water to […]
June 12, 2013
Today fulfilled a possible high being up 17.2 days. The Euro on cash reached about 13358. The major resistance stands at 13485, The Euro volatility should now start to rise again. We need to see today’s high exceeded both intraday and on a closing basis to suggest further upside gains. Critical weekly closing support lies […]
June 12, 2013
We have implemented fairly sophisticated security on the Swiss site. Plus, even hacking into the site will not reach any computer with models or source code. We ain’t that stupid.
June 12, 2013
Switzerland is restricting the construction of second homes that have been the source of rentals for vacations. This will actually firm up prices by restricting new construction. Swiss real estate still appears to be one of the brighter spots in Europe. http://www.swissinfo.ch/eng/swiss_news/Second_homes_vote_creates_winners_and_losers.html?cid=35048494
June 12, 2013
Palladium has been the one precious metal that everyone overlooks. There is a serious shortage and the production is about 2.2 million ounces compared to 1.8 million for platinum. This is one commodity that has a completely different chart pattern and may be the best of the lot in the years ahead.
June 12, 2013
Subject: ATTACK HAPPENING TO Armstrong Economics Date: Wed, 12 Jun 2013 14:50:16 +0000 We have people now tracing the source & will advise.