QUESTION: Mr. Armstrong; it has become expressly clear that you have created a model which beats everything out there. Your forecasts on gold that it would rally up to 1362 and then crash was impressive as was your call for new highs in the Dow back in 2011. Nevertheless, these forecasts pale in comparison to your […]

With all the fun and games this week it was a fairly quiet day for the Nikkei closing just 0.2% higher on the day. The JPY also behaved itself but with dealers remaining fearful it is only time before we see another leg lower for the Yen. Shanghai finished the week on a positive note […]

QUESTION: Mr Armstrong, thank you for all that you are doing. I was hoping to get your view on the Indian government banning large denomination bills. What do you think is the reason and why such a small window of time to get them turned in? PB ANSWER: Unfortunately, the theory is that cash prevents […]

That was interesting! Obviously well trodden ground now but the DOW futures were around 800 points lower at the time the Asian cash markets closed. The Nikkei was down over 5% on the day and as result of market bouncing in early US trading the futures are up over 900 points (5.75%). The Yen traded […]

Today was always going to be about the election with all markets anxiously awaiting any headline. In China we saw a smaller than expected Trade number but really was nothing to write home about. Also, we heard that foreign exchange reserves fell by $45.7bln to $3.121 trillion which was one of the largest declines this […]

The dollar should make a reaction to the downside with a Trump victory, which is totally illogical. We need a weekly closing ABOVE 11284 to signal some follow-through up to 11460 area. However, if Euro closes below 11197, then it’s all over and we will see the dollar rise, not fall. There does not appear […]

Markets were dominated by the overnight news that the FBI would be taking no action over the newly uncovered Hilary Clinton emails! As soon as the news broke we saw positive price action for most core indices (cash and futures) with a decent bounce in the US Dollar whilst last weeks safe-haven bids (precious metals […]

As Election Day nears, the Trump campaign has enlisted President Vladimir Putin, of Russia, to appear with the Republican nominee on stage. This has been really amazing for it drives a nail straight into the heart of this nonsense that Trump would be the one to start war, not Hillary. Indeed, it is Qatar and […]

A new disease is starting to appear that is polio-like in nature and can paralyze children. This appears to be AFM, or acute flaccid myelitis, which is normally rare. The number of cases has doubled in the past year. In Seattle, Washington, eight children have been admitted with what appears to be AFM. Acute flaccid myelitis is a rare […]

As Japan was on holidays Thursday it was today that the Nikkei cash market caught up with yesterdays futures decline. With the market still nervous surrounding the FBI’s investigations ahead of the US elections, coupled with todays release of the Non-Farms Payrolls prices were hit closing down 1.4% on the day way before numbers were […]