COMMENT: Mr. Armstrong, Your staff have told us you do not pay attention to what other analysts say because you are always too busy. I just wanted to say once again you are the only person who has been right about the dollar. The vast majority of the analysis out there has been dead wrong […]

In France, retaliation have unfolded with civil unrest striking back with attacks on three mosques. In another French city, a homemade bomb exploded in the vicinity of a mosque which destroyed the facade of a church. In Montrouge a police officer was killed by an unknown assailant. The terror attacks in France are warning that the downturn […]

The Islamic Radical attack on Charlie Hebdo, the satirical weekly magazine in France, has illustrated that we are entering this new age of the cycle of war thyat has engulfed civil unrest. Charlie Hebdo has courted controversy in the past with its irreverent take on news and current affairs. It was firebombed in November 2011 […]

  The Euro elected the Yearly Bearish Reversal at the 12150 area and it has penetrated the 2010 low so far of 11880 intraday reaching so far 11801. The key support lies at a set of DOUBLE WEEKLY BEARISH REVERSALS found at 11778. If we elect that this year, the Euro will fall most likely […]

John Boehner secured his third term as speaker losing 25 votes on the House floor to really unknown members of the Republican Conference. Boehner is one of the most corrupt and ruthless politicians in Washington. This is not a very nice guy. I reported previously that he threw anyone off of any financial committee who supported […]

We see the potential here for a 5 months CONSOLIDATION (treading water) – not a 5 months collapse. That means no sustainable breakout just yet – just base building. The key support begins at the 16300 on the Dow. We need to see the capital concentrate in bonds to create a major bond bubble like […]

  A number of questions have come in since year-end asking what would happen since the Dow did not reach the 18500 level. We also warned that the support was really down at the 16978 level and we need a daily closing beneath this level to signal a sustainable decline for now. The main bank […]

The NSA has been able to break encryption even to internal VPN networks. There is nothing safe any more. The irony is that “terrorism” is the excuse to break-in to anything, but real terrorists use pigeon-post. They do not use Facebook and they stay as far away from Google and Microsoft as possible. The NSA’s […]

Equity markets around the globe have tumbled on Monday, led by commodity-linked shares as oil prices fell to 5-1/2-year lows and investors fled to the safety of government bonds. The so-called “smart money” is running into bonds and this is what we need to complete the bubble in bonds that will burst for BIG BANG. […]

As always, you have to pay very close attention on holidays. Why? Because this is when the do the dirty dealings because the know the press is too busy partying and the public attention span drops from 60 seconds to -5. They stuffed the repeal of Dodd-Frank reform in the last bill of the year […]