Tag Archives: BREXIT

Mar 24 2017

Market Update for the Close of March 24th, 2017


Armstrong Economics Blog/Dow Jones

Re-Posted Mar 24, 2017 by Martin Armstrong

DJIND-W 3-20-2017

 

Today a closing above 20775 will signal that the Dow Jones Industrials is still holding firm. We see this period into May as consolidation.  We have technical support at 20147 level and technical closing support at 20702. ONLY a weekly closing below 20000 would confirm a more sustainable correction into May. Otherwise, expect choppiness. The bulk of analysis still calls for a crash. This has been the biggest rally in history with the biggest amount of bearishness perhaps ever in history.

DJIND-W FOR 3-23-2017

We can see this week in a turning point and we should begin to see more volatility ahead. But you can see a choppy trend over other week for right now. A closing today above 20640 will also signal the market is still withing support.

If gold closes March below 1243, this will warn that a correction into May is possible. This has been merely a 3 month reaction so there is still nothing to write home about just yet. Today, gold MUST close above 1245.50 to hold on to any gains.

IBEUUS-M FOR 3-23-2017

The Euro has a Weekly Bullish Reversal at 10855. Only a closing above that level will signal strength. Otherwise, caution is still advisable. Our monthly timing models called for a bounce here into March. The next important turning point will be May

Mar 23 2017

Fact Check: Four Major Holes In Rep. Adam Schiff’s Trump-Russia Conspiracy Theory


Hey the poor guy is a Demorat and he just lost a major election and that through out 30/40 years of trying to remake America into a Marxist state so give the poor guy a break … lol

Mar 23 2017

#Vault7: WikiLeaks releases ‘Dark Matter’ batch of CIA hacking tactics for Apple products


The CIA went way to far …

Mar 23 2017

I live in a Commonwealth. They are trying to make my wealth common!


Armstrong Economics Blog/Basic Concepts

Re-Posted Mar 23, 2017 by Martin Armstrong

Pick-pocket

COMMENT: Sir,

Growing up in Kentucky, I remember one of my friend’s fathers always grumbling, “I live in a Commonwealth. They are trying to make my wealth common!”
      Just another phrase for a “sharing economy”.
       Keep up the good work
       DK
Mar 23 2017

The Rise of Populism – Here to Stay


Armstrong Economics Blog/European Union

Re-Posted Mar 23, 2017 by Martin Armstrong

Change-Resisting

QUESTION: With the Netherlands voting against Wilders, do you think the tide is turning? Will Europe survive?


ANSWER: It may have been a huge sigh of relief for the global socialists/progressives with the loss of Geert Wilders on March 15th, but there is a clear undertone of rising discontent within Europe. Likewise, the AfD in Germany will most likely also not win. Nevertheless, Wilders was the extreme among politicians in Europe who was openly Islamophobic and EU-hating to the very far-right. Still, Geert Wilders and his Party for Freedom (PVV) have indeed still ushered in the dawn of a new populism in Europe, which is always against the establishment. That was in fact what swept FDR into office in 1933, Hitler in Germany also in 1933, and Mao also in 1933. Wilders may have been called “the Dutch Donald Trump” with a strong early lead in the polls, but at the last minute the current prime minister Mark Rutte came out ahead by a decent margin.

Roosevelt Baking CartoonPopulism is always seen as the great evil. That was how it was being portrayed by the mainstream media for the 1932 election won by FDR. Today, it is a return toward isolationism. The Americans were very against getting involved in both World War I and II. FDR went to Boston to promise their sons would NEVER go to Europe to defend the British. The Irish dominated Boston and they would not vote to send their boys to defend the British after the way they were treated.

American fled Europe because of all the political inflighting. They were isolationists and felt Europe should fend for itself. It was the politicians who lied and did whatever it took to maneuver the opinion to support their desire for war. We are merely returning to a period of isolationism after countless wars and attempts to create nation building so politicians can pound their chests.

By no means should we view the Dutch elections as this is the end of populism. It is just getting started because politicians have abused the people countless times. The loss of Wilders emboldens the EU politicians not to reform, but to make this far worse. Sure, the euro bounced. But this is nothing to write home about.

The important change in trend will come in May. The major turning-point appears to be 2018. Keep in mind that without change in leadership, Europe is doomed. They will only pursue the very same policies that have given rise to populism in the first place.

Mar 23 2017

Marxist Socialism now relabeled as the Sharing Economy


Armstrong Economics Blog/The Hunt for Taxes

Re-Posted Mar 23, 2017 by Martin Armstrong

Canada CRA

In Canada, I was in a discussion with a socialist politician. I was shocked at the response to their view of the economy that everything you earned belonged to the state and they decided how much you were allowed to keep. This same attitude is displayed by the Canadian Revenue Agency (CRA). They have cleaned up the way they say it softening the words and injecting a new term calling this a “sharing economy” and equating it to five key sectors of the sharing economy as being: “accommodation sharing, ride sharing, music and video streaming, online staffing, and peer/crowd funding.” The CRA is now selling socialism by relabeling this as a new “sharing economy” that assert “is becoming bigger part of the general economy, and that it is cooperating with industries, provinces, and territories on how tax systems and compliance is affected by such changes.”

This new “sharing economy” is Marxist socialism warmed over. The CRA says: “The sharing economy is a technologically fuelled way to consume and access property and services.” They added: “In this economy, communities pool, loan, and share their resources through networks of trust.”

You are not capable of being able to manage your own affairs and are way too stupid to understand what is the best way to spend money. Therefore, the CRA explains that the tax obligations for individuals or small businesses involved in the “sharing economy” means they MUST report ALL income earned through “such activities, as well as meet goods and services tax/harmonized sales tax requirements.”

Mar 22 2017

GLOBALISTS MEET TO OPPOSE TRUMP’S EXECUTIVE ORDERS ON IMMIGRATION


Trump for the American Citizens not all the worlds Riff-Raff that don’t belong here!

Mar 22 2017

British police accused of hiring Indian hackers to spy on journalists & campaigners


Of course they are doing this and have been for a while but keep in mind that in the Utah is massive federal complex that has been on line for a while now where EVERYTHING that is electronic has been captured and store on tens of thousands of HD’s and it can be retrieved when needed. So everyone that uses a phone a cell phone or email or now a computer connected to the cloud has had ALL of that collected and stored. The NSA and the CIA can access that when ever they want!

Mar 22 2017

Why Science Fails to Understand Cycles – They Lack the Connections


Armstrong Economics Blog/Nature

Re-Posted Mar 22, 2017 by Martin Armstrong

Ring of fire - 1

QUESTION: Hi Marty,

Interesting attempt at the cycle analysis for a MAJOR earthquake. Why do you think they make these predictions, when they don’t properly understand the cycles?
PF
Last week, research based on a more complete earthquake record revised the return period of a quake to 291 years. The last was in 1717, exactly 300 years ago. Every year that passes pushes us further into the wrong end of that equation.
ANSWER: In every field of science outside of Physics, there has been a brain-freeze when it comes to understanding the cyclical nature of everything around us. I was on one of my Institutional World Tours in the second half of the 1980s. I first flew to Toronto, and there was a small earthquake. I then flew to Vancouver, and then there was another small earthquake. Then, I flew to Tokyo and was hit by yet another small quake. I then flew to Australia and joked about how this quake was following me. They said no worries, quakes don’t happen there. That night we were hit by a big quake and all power went out for a day. After that, I flew to New Zealand and sure enough, I was in the middle of another quake.
I met with the earthquake research center there in Auckland. When I described that this quake was following me around the Ring of Fire, I was told no, that was impossible. They were not connected. I argued if you move the plate on one side, it seemed logical that it must move on the other side eventually. About a year later, the research person I had met with called me. He remarked, you know I think you may be right.
1906-sanfrancisoquake
I ran correlations of all quakes since the 1906 San Francisco quakes that was ultimately responsible for creating the Federal Reserve and the 1923 quake in Japan was just absolutely devastating. Such an event today would be profound to the world economy.
ECM-Dynamic
The entire problem center upon the lack of understanding is that everything is connected and this is the key to comprehending volatility in markets or major quakes in the landscape. It is the combination of force that makes one event more powerful than another. This field of research is just not comprehended in many fields.
Mar 22 2017

How Capital Moves – Outward then Inward


Armstrong Economics Blog/Basic Concepts

Re-Posted Mar 22, 2017 by Martin Armstrong

USA Net Cap 1960-1990 Annotated

QUESTION: Hello Martin, In your ‘Why the Crash & Burn is Public not Private’ post of 18 March, you have an image showing World Capital Investment. Is that the sequence money usually follows at this time? And, what exactly is the ‘alignment’ you mention towards the end of the post as well as elsewhere? Best Regards and my condolences on the loss of your friend, Mr. Edelson.

BH

ANSWER: Historically, capital tends to flow first from the financial capital of the world to the outer provinces or state. This was how it functioned in the Roman times as was the case for postwar when US capital flowed outward to rebuild the rest of the world. Then what happens is as an empire begins to die (in this case Western Culture), the capital flow reverses and then moves back toward the core economy which is the financial capital of the world.

UBLST-25 MAHere is a chart of all the bonds listed on the New York Stock Exchange. When the Sovereign Debt Crisis hit in 1931, government simply defaulted. The bonds were then delisted never to come back again.

What transpires at that moment when government moves into a Crash & Burn, is that all tangible assets rise together, albeit at different rates of advance. This is what I call the Great Alignment. Therefore, we will see gold rise WITH the stock market – not counter-trend. Likewise, real estate survives provided you do not enter into a Dark Age when not even gold survives – only food.

German-1925-Rentenmark

If we look at the German Hyperinflation caused by the Communist Revolution in Germany in 1918 inviting the Communists of Russia to take Germany and the formation of the Weimar Republic, all of this political-economic chaos ended with a new currency being issued following the fall of the Weimar Republic. That currency was not backed by gold, but instead real estate.