So far the Dow has rallied 27 weeks on an intraday basis establishing the high on target for the week of 05/20, but on a weekly closing, the high was the previous week 05/13 making it a perfect 26 week rally.The week of 05/27 closed slightly beneath the week of 05/20 confirming technically we should […]

Unemployment among the youth in the USA has hit 16.2%, more than double the April national rate of 7.5% for adults over 35. We are in the last throes of the dying idea of Socialism and this is never more illustrated than by the age divide when it comes to employment. Young kids in the USA […]

Terms Used In Armstrong Economics Forecasting Reports TURNING POINT A target that can be either a high or a low. It is a cyclical target that amounts to a turning point irrespective of the event (high/low). VOLATILITY Volatility can be measured in many ways. We have volatility that can be from the previous close to […]

John Maynard Keynes 1883-1946 John Maynard Keynes was a British economist who revolutionized economic thought, which is widely known as “Keynesianism.” The son of a Cambridge don, Keynes was educated at Eton and Cambridge, where his degree was in mathematics. John Maynard Keynes was educated at King’s College, Cambridge, from 1902–1906 and DID NOT have a […]

QUESTION: Interested in your comments regarding real estate and capital flows. I live in manila Philippines and the price of property in the financial district makati is quite mind boggling. For a third world country prices for a 2 bedroom condo can be close to 300k usd and for a 3 bedroom edging on close to […]

Behind the dramatic fall in the gold price has been the subject of countless conspiracy theories that all pretty much center on the notion that the entire global economy revolves around gold. The only tangible conspiracy by governments is to hunt down as much cash as they can. The real secret strategy of central banks […]

  JP Morgan, Jr Senate Hearing 1933 A Flash Crash in silver is no different than a flash crash in stocks, bonds, or anything else. It is the same root cause of all panics – the lack of bids. Every  stock market crash ever since 1907 has been followed by an investigation with the theory that […]

Bull markets I have stated many times are 7, 11, 13 or 21. Gold has three very interesting bottoms. The 1999 is the intraday low. 2000 is the lowest yearly closing. Then 2001 produces the lowest quarter closing. This is an interesting set up that is rare to say the least. So effectively, both the […]

QUESTION:    I’m a reader from China and one of the big fans of you in our country. I want to ask you a question and would be very happy to get your reply. If my memories are correct, you have been a bull of China and praised Chinese leaders for their competence. But in reality, […]

QUESTION: I watched the Yearly Bullish Reversal in the pound for years at 201.00 you gave back in 1985. It reached that level in 2007 but never closed above it. Does that remain the number all these years? ANSWER: Yes. Once generated, it never changes. True, 2007 reached 210 level intraday but could not close […]