QUESTION: You say that long-term manipulations are impossible while short-term manipulations have been the focus of the bankers. Do you mean to say that not even governments can manipulate the economy perpetually? Are central banks buying US equities to manipulate the US stock market higher? It would seem that the Fed would then be accused […]

Some people are now claiming that investors remain trapped in “The Twilight Zone”, which they define as the transition period between the end of QE and the first rate hike by the Fed. They remain fixated on this idea of interest rates up and stocks down. It really is pathetic to see people who call themselves […]

Another mixed set of economic data releases out of Asia overnight resulted in lack of direction for the stock markets. In Japan we saw a weak PPI print contrasted by an exceptionally strong Machine Orders (estimates were +3.3% when the actual release was +7.5%), which managed to keep stocks contained to close almost unchanged at […]

QUESTION: Marty time and price you always say are two separate forecasts. So reaching a price level means nothing unless it also meets the objective in time. So it is time that is more important than price. Correct? HK ANSWER: Yes. Only a fool thinks that forecasting is simply price. Time is far more important […]

Asian Equity markets really had no idea which way to play today after a mixed set of economic data releases. The Retail Sales was marginally better than expected at 11% (estimates were for around 10.9%), whilst the YoY Industrial Output release failed to meet the forecasted 5.8% expectation as we saw a 5.6% print. As a result […]

Transcripts of Testimony before Congress, Debates & OpEds     Armstrong Requested for Research by Congress 1985 Letter to Ronald Reagan Armstrong Requested for Research from the Brady Commission 1987 Armstrong Warns Rubin Against Taking Dollar Down May 1997 Just Before Asian Currency Crisis Armstrong Testifies Before House Ways & Means Committee Armstrong Debates Steve […]

Martin Armstrong’s Media Appearances If you are interested in arranging an interview with Martin Armstrong, please fill out our “Contact” form located on the homepage and select “I have a question about media engagement and/or an interview request.” 2025   Terrifying Iran War Prediction (PREPARE FOR THE WORST) – Interview with CapitalCosm (6/23/2025 Neocons Dragging […]

On Sunday, we saw the release of some weak Chinese data (exports fell 6.9% whilst imports 18.8%) resulting in a high trade surplus of $61.64bn. The Shanghai Index closed Monday with a strong gains (+57pts +1.6%). The Nikkei also performed well in Tokyo (+377pts +1.96%) although given the slight reversal in the currency, the futures market in the […]

QUESTION: Why do you say the banks do short-term manipulations but not constant manipulations? ANSWER: Because it is absurd. There is no profit in perpetual manipulation. Every single manipulation they have ever done in the metals has been to the upside because they know it is easier to get people to buy. This is all […]

Welcome to this year’s World Economic Conference marks our 30th anniversary since the first in 1985. Ironically, it is being held across the street from where our first conference was held. This year will be special as over 600 people are attending this conference in the USA, and a similar number will be joining us in Berlin. […]