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Outlook for the Dow

The Dow may have established a temporary high in May on our turning point. We have seen three Daily Bearish Reversals elected from the May 19 high and now support lies at 17745 on our daily models. We need a closing back above 18195 to stabilize the market right now. However, on the weekly level, […]

Why Europe Will Lead the Charge to Eliminate Cash – the Next Step in a Global Meltdown

Europe will lead the world into Economic Totalitarianism because government is now desperate to retain the euro. If the euro collapses, so will Brussels. The government exists solely because of the euro. The key is the fatal design of the euro. Failure to consolidate the debts of all individual member states has been the worst possible […]

Government Against the People – Tearing Down Statue to Snowden

A statue was erected in Brooklyn to honor a champion of people’s rights against the government – Edward Snowden. The government went in to demonstrate to the entire world that the United States is all about government and not human or civil rights. The government has torn down this monument demonstrating that there is no […]

Breakdown of Debt

QUESTION:  Mr. Armstrong, I have been eagerly awaiting your Solution and am trying to wrap my head around it. Can you explain more about the debt to equity swaps? What exactly would the debt be swapped for? PS: In your latest blog, you mentioned repealing the “13th” amendment. That gave me quite a shock until […]

Dow To Be or Not To Be – Correction Time?

  We warned that the Dow was not going to blast out to the upside and we saw a sideways to consolidating trend into May. Nothing has really changed and as you can see from our Energy Models, we have indeed been in a declining phase. Technically, the Dow is coming back to key support. […]

Dow to Rise with Higher Interest Rates not Lower

QUESTION:   I’m just wondering how the stock markets can go up into a rapid bubble in 2015 -17, if the bonds are going to collapse in Oct. of ’15? do you still stand by your call for stocks to go so high this year? oil is going to go too cheap., and it would seem […]

Gold – The Downside

  The Gold “POP” our computer pinpointed was right on schedule. We even managed to get the day of the high. Now gold has fallen to 1146 intraday and this is interesting. Our Daily Bearish Reversals are at 1146 and 1141 followed by 1130. Resistance now stands at the 1208-1215 level.   While we see […]

Downs & Armstrong from Capitol Hill

French Police Shaking Down Tourists for Spare Change

The French Finance police are now shaking down tourists and people just passing through France on trains or planes. A personal friend has reported when traveling through France by train from Luxembourg to Zurich, he was stopped on the way by French Finance Police. They asked if he was carrying €10,000. When he replied “no”,  they […]

CONFUSED about the DOW

QUESTION:  Is your computer saying the DJIA will crash around 2015.75 ? ANSWER: All will be revealed soon enough. There may be an initial correction, the FALSE MOVE, but there does not appear to be any major crash. Near-term, the Dow is still contained.  So no real blast to the upside. We really are working […]