Those in government maintain a completely delusional view of the world which is the central part of the crisis that we face. Everyone else pays the price for it and this is no longer just brilliantly entertaining. This modern-day monetary delusion persists both inside central banks as well as within the halls of the elected representative […]

No. I have not forgotten about gold. Yes we are making new lows in Nearest Futures. Gee – it is declining with oil that the same crowd swore the numbers on oil production were manipulated to make people think there was a glut. Then they said prices were declining for the elections. Excuses piled upon […]

The various press organizations are now giving a 70% chance that the Republicans will take the Senate. There is a serious deficiency in competence within government everywhere. It appears that the corruption and politics have driven anyone with substance from the field. Who wants to go through all this crazy personal focus if you really […]

COMMENT: Hi Martin, I appreciate all the work that you put into your daily blog and your computer database etc, but I do get a little annoyed when you use phrases that include the words “could”, “perhaps”, “maybe” and such guarded words in the context of market predictions.  We all know that the market “could” […]

COMMENT: Marty, I have got to say following you on the Dow has been an amazing live demonstration of what you have achieved. You call the July high, then said the market would rally into the ECM in September and then warned of a crash. The market turned down the week after the ECM peaked […]

QUESTION: Mr. Armstrong; I have been working on a trading desk for 4 years now. I have got to say, everyone reads you. The general comment around here in the bank is never be on the opposite side of your computer. Some still say you manipulate the world and others say you are the father […]

Reuters has published the result of what is being touted as the Ignorance Index. The one question as an example: “Guess how many U.S. girls aged 15-19 give birth each year. Go ahead, guess. If you calculated the number at 3 percent you’re correct; if you guessed 24 percent, you’re American.” I rarely watch TV. […]

QUESTION: Hi Martin, You talk quite a bit about deflation in your comments, especially in Europe.  Can I assume you’re referring to monetary deflation arising from a slowdown in the velocity of money?  Which I’m guessing stems from banks using the plentiful money that’s available to them to purchase government bonds, using 30-1 leverage (as instructed by […]

Obama is going down as perhaps the worst President in history. One would think he would be concerned about his personal reputation. Nobody wants him campaigning for them – they call Bill Clinton before Obama. In a rare appearance on the campaign trail on Sunday with a rally to support the Democratic candidate for governor […]

QUESTION:  Hi Martin, I understand you negative opinion on Socialism & Communism, but I’m confused by you opinion on a Republic. On paper a Republic looks like an ideal form of freedom, where-as a democracy dictates majority rules and 50.01% can do a lot of damage to the remaining citizens. I understand that through history […]