We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it...
While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse...
The pound sterling had a smashing day ranging between 15016 and 13226; penetrating the 2009 low of 13508 as well as the 2001 low of 13680. That leaves the...
This is what happens in a panic. Dealers step back and spreads widen. Sell and buy orders at the market are simply filled as they come in. It appears the bookies...
Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow...
QUESTION: Mr. Armstrong; If BREXIT wins here since everyone I speak to seems to want to vote out rather than stay in, what would really happen? ANSWER: Assuming the...
COMMENT: Marty; Nobody paid any attention to BREXIT but you. Now Everyone is talking about how it will be a big deal for the world economy. Guess they took the...
If everyone in Britain were to vote on whether to kill the pound and adopt the euro, I seriously doubt there would be more than a 10% vote for such a decision to...
There is little doubt that David Cameron offered a referendum on Britain exiting the European Union (EU) because he thought it would never win. Now that the polls...
QUESTION: Mr. Armstrong; If I understand you correctly, should the IMF accept the yuan as a reserve currency, this will have zero impact other than political....
