The Board of the International Monetary Fund (IMF) decided on Wednesday not to participate in the next credit-round for Greece. The Board denied new loans to Athens because the country’s debt is too high, and the Greek reforms requested by the Troika are not likely. It is entirely possible that we will see Greece in crisis […]

Socrates will provide three primary levels of service: Investor, Trader, and Institutional. The distinguishing factors are designed based upon needs. We will have the overall outlook and trend for the Investor; the Trader will have access to timing and price target objectives as well. At the Institutional level, we will provide portfolio construction, asset allocation, and two […]

QUESTION: Hello Mr. Armstrong, Humans often decide based on faith rather than thought if they have to choose one. Your ECM cycle is amazing, because it visualizes the change in confidence which influences so many decisions in the world! Is it possible to reach human minds trough logic at all? How can we communicate important […]

As we approach the month-end closing for July 2015, we have a minor monthly bearish reversal at 1155 followed by the key reversal at 1084. The Bullish stands at 1287, so without a closing above that level, nothing has changed. Crude oil had a monthly bearish reversal at 5650 and 4667. We fell intraday to 4668, […]

Sometimes it really does not matter what the underlying truth might be – markets move based upon anticipation and typically reverse with the news. The Fed is looking more and more like it will begin to raise interest rates for it can see that the pension funds are in trouble. They need higher rates to […]

We received a lot of e-mails regarding the collapse in diamond prices, which is closely correlating with gold without bank manipulations. This is part of the deflationary trend and the 2011 high was on target for the reaction high. The 37-year target could produce a cycle inversion with a high instead of a low. That would line […]

Well if you ever needed PROOF that gold is not money, but rather simply an asset class, all you need to do is look at what governments are doing. They are hunting for anything of value. We are likely going to see a migration of assets from Europe to the USA, as took place prior and during World War […]

Ferries carrying Cuban and American passengers will soon be sailing between Miami and Havana, right on time for the turn in the ECM. We are clearly looking at 2015.75 as a significant change in trend in many various relations. This may be a boom to classic cars, a gold mine in Havana.

Polish EU Council President, Donald Tusk, was shocked by the fierce debate over the Greek bailout in the EU Parliament. He told the FT: “It was the first time that I have seen radical with such emotions. It was almost half the European Parliament. Therefore, I believe that no one is a political winner in this process, not even […]

The alleged comet expected to hit the earth between September 15-28, 2015 has been denied by NASA. I find it curious that this doomsday prediction lined up with the ECM. Nothing in our model confirms such a disaster.