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Market Talk February 15, 2016

Today’s rally in the Nikkei must have been a huge breath of fresh air for the BOJ (Bank of Japan). After opening 2% firmer the market went from strength to strength with good volume it eventually closed +7.1% on the day. Banks regained some of their losses from last week with SMFG, Mitsui, Mitsubishi UFJ […]

The Markets’ Expectations

This image ran by USA Today shows how quickly the general public assumes long-term changes in trend are at hand. The general headlines said the public lost confidence in the central banks. The public is losing confidence in everything and we should be off and running with the public to private asset shift when it moves […]

California Dreaming: The Great Migration from California

QUESTION: Mr. Armstrong, I live in San Francisco (silicon Valley) and due to internet and automation, technology is doing well and Real estate has been strong, perhaps overpriced. Since oct 2015 prices have declined slightly in core while keep rising in the peripheral areas. Rents are very high and demand for rentals is softer in 2016. […]

Where to Invest

QUESTION: Hi Martin, I am a subscriber to your investor service and read your blog daily for years now. Thank you for your wonderful service to educate those who will listen. You posted when the deflationary spiral is over, we “want to be diversified with equities with good capitalization, some spec-stocks, gold, silver, and real […]

The Market in Perspective

Last week we had a Panic Cycle in gold and a Directional Change. Both performed on target.  As we have stated previously, the Directional Change can be, by itself, a fascinating tool. The Directional Change can, at times, be the beginning of a breakout to a new trading level (major thrust) in one direction where the market […]

Gold: Low of Lows or Just A Low?

QUESTION: Marty; I had purchased your gold report and the low for gold came in exactly as you laid out on that benchmark date you gave more than two years in advance. But you are not saying you called the low of lows. I assume you remain skeptical about a reversal in trend long-term. Correct? […]

Market Talk – February 12, 2016

The Nikkei re-opened after yesterday’s public holiday but again was sold from the open. The key banks suffered yet more liquidations eventually closing Mitsubishi UFJ -2.3%, SMFG -4.1%, Mizuho -3.7% and the main Nobel House (Nomura) was down 9.2%. Exporters also suffered Toyota, Nissan and Sharp all down between 6 and 10%. The Nikkei closed […]

Gold: Here We Go Again?

QUESTION: Mr. Armstrong. Are you calling this rally in gold a false move? What does it take to get you bullish? Will you ever be bullish? ANSWER: When all markets line up and display that there is a trend in motion, which is then definitive, I will clearly state so. Gold has performed in a typical […]

EU Fears the British Referendum Will Be a Contagion

European Council President Donald Tusk has warned that the EU is in danger of a total collapse. He has come out to say that David Cameron’s referendum in Britain will be copied by other member tactics for their own “egotistic goals.” He has said this will unleash the unthinkable: democratic rights for Europeans to disagree […]

Opening Numbers for February 12, 2016

Our Opening Pivot Point for gold tomorrow is still above the market coming in as 1272.40 while the Dow lies at 15497.74. In the euro, it rests at 1.1381. Keep in mind this current trend can continue into Monday. So watch the 1309 level for gold; 15370 was last year’s low in the Dow with key […]