The European Union will hit Britain with punitive fines of £90 million next year if David Cameron refuses to pay a £1.7 billion bill from Brussels. If Cameron has any guts, he will lead Britain out of the EU before it is too late – that’s what Maggie Thatcher would do. Maggie warned that the danger of […]

  Crude oil has fallen to the $80 area and a monthly closing below $78 will signal a sharp drop into the $60 zone is likely. The long-term support actually begins at $57 and the major support which held previously is still there at the $32-31 zone. While we have the intraday high in 2008, […]

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 […]

With the Economic Confidence Model peak in 2007.15 (February 26th, 2007), that turning point marked the very day of the high in the Case-Shiller Real Estate Index. However, it also market the precise day of the infamous sale at the top of Goldman Sachs’ notorious ABACUS 2007-AC1 $2 billion Synthetic CDO. Indeed, Goldman Sachs was later […]

The assumption of the hyperinflationists has been that governments will just print to meet their obligations. That theory is based upon revolutionary government who CANNOT SELL debt to anyone. In the case of the West, we issue debt and because of that, the first effort is to meet the demands of bond-holders. That is only […]

The attack inside the Canadian Parliament by a radicalized Muslim born in Montreal has sent shivers down the spin of Western governments in Europe and America based on inside sources. According to Royal Canadian Mounted Police (RCMP), the gunman had recently applied for a passport, planning to travel to Syria to join ISIS. He was Michael […]

Canada’s capital was attacked on Wednesday by the fatal shooting of a soldier and an attack on the parliament building after a gunman managed to get inside. The gunman in the parliament building was shot dead. The question is WHY? It would be nice if someone investigated and revealed the truth. Was the man just nuts? […]

  The resistance in the Dow Jones Industrial Index for today stands in the mid 16700 zone on a technical basis. Targets in time for this week were Wed and Friday with the latter being the main target. ONLY a closing back above 17010 would signal that the low is in place for a broader term. […]