M. TULLI CICERONIS CATO MAIOR DE SENECTUTE WITH INTRODUCTION AND NOTES BY JAMES S. REID, M.L. FELLOW OF GONVILLE AND CAIUS COLLEGE, CAMBRIDGE, UNIVERSITY LECTURER IN ROMAN HISTORY American Edition Revised BY FRANCIS W. KELSEY UNIVERSITY OF MICHIGAN ALLYN AND BACON Boston         New York         Chicago Copyright, 1882 By […]

A TREATISE ON GOVERNMENT By Aristotle   Translated From The Greek Of Aristotle By William Ellis, A.M. London &.Toronto Published By J M Dent & Sons Ltd. &.In New York By E. P. Dutton &. Co First Issue Of This Edition 1912 Reprinted 1919, 1923, 1928 INTRODUCTION The Politics of Aristotle is the second part […]

Contract Conversions At Princeton, most forecasts conducted on futures markets are done on a “nearest futures basis” which means the most current contract month. For example, there are four contract months for the IMM currencies; March, June, September, and December. We base our forecasts on the nearest contract month until it actually expires. Since traders […]

The Reversal System One of the most important discoveries made at Princeton concerning economic and market behavior is that the market system is a dynamic complex network of nonlinear activity possessing an incredible degree of inherent order. The seemingly random appearance of price activity is merely a mask that hides the true nature of events. […]

A Continued Era of Deflation or A Premature Expectation of Inflation? © Martin A. Armstrong Economists and analysts argue that double-digit inflation is something of the past – a freak of nature that took place during the Carter years of the mid-70s. On April 19th, 1993, Alan Greenspan (Chairman of the Federal Reserve) made a statement […]

The Rise & Fall of the Consumer Price Index © Martin A. Armstrong It is often said that beauty lies in the eye of the beholder. Oddly enough, the same can be said of inflation. You will undoubtedly read headlines which state that inflation is under control. You will also read of analysts who continue to […]

The Little-Guy Syndrome © Martin A. Armstrong Private investors always seem to suffer from the little guy syndrome. Far too often they are told that the professionals, institutions and financial wizards know more about the markets than the little-guy. As such, the proper thing to do is just shut-up and follow their lead. Interestingly enough though, […]

Trading the Reverse Pyramid © Martin A. Armstrong If you had to reduce the movements of all market and economic activity down into a single solitary influential explanation, the one single word which I would chose to describe such a force would obviously be CONFIDENCE! At first, you might be moved to take exception to this […]

The Reversal System: A 20-Year Case Study Theory-Design-Implementation © Martin A. Armstrong Perhaps the most important discovery made here at Princeton was the simple fact that market price and economic movement is anything but random. This is a very powerful statement because you will be hard pressed to find many who would agree with us on […]

How to Hedge Real Estate © Martin A. Armstrong Hedging real estate always offers a few new problems. Some will argue that buying gold will provide an adequate medium to hedge against a collapse in real estate. Such suggestions usually tend to draw on 1929 as an example. As usual, suggestions of this sort know a […]