The embattled JP Morgan Chase drowning now in various legal battles with both clients and regulators has agreed with 21 institutional investors to pay $4.5 billion to resolve claims the bank sold faulty mortgage securities according to Bloomberg. This is just a preliminary deal that covers 330 mortgage bond trusts issued between 2005 and 2008. Drawing […]

QUESTION: Mr. Armstrong; It is becoming very obvious who China is listening to. You said China should bypass the NY banks and go directly to the Treasury. They did. They used QE to shorten their US debt holdings. They did. Now on Friday they have relaxed the one-child rule as you said they had to […]

QUESTION: How is deflation even possible when the Fed could simply throw money from helicopters or create it from thin air with computers? ANSWER: Everyone watches only the Fed. That is just a tiny part of the economy. The Fed has done QE1-3 – there is no inflation. The economy is larger than the Fed. But […]

Politicians are preparing for the worse everywhere you look. We forget so quickly that the American Revolution slogan was what – No Taxation Without Representation. Germany will not allow democratic referendums precisely the same move of King George III that set off the American Revolution, Homeland Security bought 2715 tanks for domestic use and enough […]

COMMENT: Dear Martin Armstrong, Being a fund manager and with several bigger and commercial clients a commodity hedger, I truly admire your work. Not only that, our research, even by other methodology foremost pattern recognition and cross pattern recognition and liquidity flow detection – comes to very similar results as your calls, but we do […]

  QUESTION: You said gold trades in bursts? This seems to explain the nonlinear patterns you speak of. Is this correct? ANSWER: All commodities, including gold, trade substantially different than stocks or real estate, which is the slowest moving asset of all until the final 2 years. Pictured here is wheat back to 1200. Note […]

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, […]

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 […]