QUESTION:  Mr Armstrong, is it true that stocks and gold are inversely correlated? ANSWER: No. That is not a correct statement. No relationship is static, other than whatever assets vs. money might be at the moment. Commodities peaked in 1919, bottomed with stocks in 1932, and then rallied into 1937. There are times when gold and […]

QUESTION: Marty; CNBC even mentioned your turning point. They called you the “fringe” economist. Others call you the “source”, “Mr. Yen”, “globetrotting economist”, “uncannily accurate financial forecaster”, “the “Renaissance man”, the “Legend”, and of course the “Forecaster”. Everyone admits you have been the most accurate analyst of all time. So my question is, will governments turn […]

The jobs number came in sharply lower than expected. U.S. employers have not been hiring over the last two months and wages fell in September. With the 2015.75 turning point, we should begin to see declining economic numbers; a closing on the Dow below 15970 today will warn of a retest of the August low. […]

Interestingly, the debt ceiling was kicked down the road to the precise date of the ECM turning point: September 30, 2015 (2015.75). Boehner had to resign; this has turned into a religious event and not just economics. This turning point from the debt perspective is interesting. The 1985.65 turning point produced the G5 and the Plaza Accord. That was […]

QUESTION: Sir; Will the Fed start to print money again if the economy turns down and does this not cause gold to rise? Thank you for your insight in this confusing world of self-interest SH ANSWER: No. The gold promoters constantly tout inflation, stating that the rise in money supply must lead to higher gold prices. […]

The peak in real estate may have arrived. At the same time, this reflects the shift away from government bonds. Blackstone Group LP, the largest real estate fund to assemble, has come right on point. Blackstone raised $15.8 billion, creating the largest real estate fund in history. As we have warned, this reflects investment capital shifting into real […]

Asian equities further consolidated the gains today, adding an additional 1-2% on yesterday’s closes. In Europe, early efforts to rally were muted and eventually turned negative as the U.S. session got underway. Dow lost all momentum, and at one stage, had losses of around 200 points. However, the uncertainty within the markets continued when we […]

The unleashing of Russian firepower in Syria in support of the Syrian government came precisely on the day of the Economic Confidence Model. I have come to learn from observing this model that major world events, whatever the major focus may be, appear to line up with the ECM. This target has been huge for […]

I have warned that this turning point is centered in government; not in the markets. The number of issues coming to a head is just mind-blowing: from the Catalonia vote to separate from Spain, to the resignation of Boehner, to non-politicians leading across the globe. The election in Greece was most likely the last vote for any […]

The fact that the stock markets are crashing into the 2015.75 turning point, rather than making a major high, indicates what we should expect to unfold in the future. In 1987, the low was on the day of the ECM, as was the case in 1994, whereas 1998.55 was the high in the Dow that […]