This is not Migration it is Invation


Slovakia Will Exit the EU Over the Immigration Issue

Slovakia-Robert-Fico

The Slovak Prime Minister Robert Fico has stated bluntly that the EU must stop the influx migration of refugees or Slovakia will exit the EU. The refugee issue is tearing Europe apart. Latvia refused to accept the number allotted to them by Brussels.t is Invation

The debt goes up and up because we spend more than we take in so either spend less or tax more!


Central Banks Selling U.S. Treasuries As Fight Over Debt Looms

T-Bonds

Central banks have been dumping U.S. Treasury bonds because of the debt ceiling problem. The Tea Party will shut down funding if they have their way. This situation illustrates the entire problem. The debt ceiling only ever rises. We will see a rise in taxation and this will help to collapse the U.S. economy and thus the world. These people we call “representatives” only represent themselves and they have no solution to this Sovereign Debt Crisis. It certainly looks like we will be seeing that blast to new highs next year. So hold on tight, this may even hurt a bit.

The perfect economic storm; a collapsing German economy and bringing in hundreds of thousands of refugees


German Industrial Production Collapses by 4%

GermanIndustrialProduction

The other side of 2015.75 is not going to be pretty. The first news on the German industrial production report dropped 4% from July to August, versus an expected decline of 1.5%. This is a very alarming huge month-on-month drop, the largest in the past five years. This now brings a shocking reality since the month saw a 2.8% drop on the same month last year. Everything is turning down hard from factory orders onward and now we have the VW scandal. Even the resale values on Volkswagen’s diesel cars in the U.S. have collapsed dropping 13% according to the Kelly Blue Book.

Germany is the core of the European economy. Our models are warning we are looking at a very steep economic decline and this contagion will inflect the USA now with the turn on 2015.75. This is no time for Germany to get caught up in refugees since the weather in Germany will be colder this year than before and these people are not suited to cold weather.

We are in a very unstable period with fools in the White House that don’t have a clue that they are taking us toward a confrontation with Russia


Gold & the Dow – Looking Ahead

GCNYNF-D 10-6-2015 DJIND-D 10-6-2015

QUESTION: Mr. Armstrong; So many people have tried to copy what you do and in the process expose themselves as having nothing original to offer. They pretend to have models that pinpoint dates like October 7th and claim they are using the K-Wave to cover up their theft. Still they fail to understand what you have been forecasting and that I find really interesting.

Your revelation of gold and the stock market and how they often trade together was amazing. So if I am correct, gold is indeed a commodity and will rise against a currency along with other tangible assets including stocks because it is really a contest between money and assets. I get it. You cannot have gold as money act as a store of value and make money on everything else since any rise in assets including wages means money must decline in value. That is so basic, I feel really stupid for listening to these people for so long.

So gold will rise because it is not money and with the stock market. Correct?

EF

ANSWER: Yes. This is the peak in government rather than the private sector market be it stocks or commodities. Gold is rising right now along with the Dow. The oscillators are bullish on both at the same time. These market are not trading opposite as the promoters chant. This is indeed demonstrating the alignment that must become dominant moving ahead. These markets will blast off only when we see the overall CONFIDENCE in government collapse. It is not your confidence, but that of the general public.

The scary thing is the Russia bombing in Syria began precisely the day of the model – September 30th. This means we also have the war cycle to contend with and governments NEED war during depressions. We are escalating dangerously toward world war. The bureaucrats in Washington who have decided to oppose Russia, will never now admit that they were WRONG. I am sorry, but Putin is taking steps that are vital in the Middle East because the war mongering bureaucrats in Washington will NEVER admit error. This is a very dangerous position they are creating and they should be stopped, but unfortunately, we have people like John McCain who are out of their minds and way too old to comprehend you cannot win a war as you did in the 1950s. McCain never encountered a country he would not advocating invasion if they dared to disagree with him.

 

GCFOR-W 10-6-1025 DJFOR-W 10-6-2015

In gold, there is nothing to get excited about until you see a weekly closing above 1210. In the Dow, that is 17762. Initial resistance in gold stands at 1188 whereas in the Dow it is 17340. We still see the markets focused on the first week of November. It is interesting that the debt ceiling was kicked down the road to December, but the Treasury warns they will run out of money by early November. So interesting times still await us.

Bird’s-eye view of ‘Russian cluster bomb strikes ISIL in Syria’


We used “cluster” bombs in Nam and they safe my ass once. But those back then were antipersonnel munitions ; these did not look that that the strike look more like larger rounds for trucks and tanks. The difference e is the antipersonnel are more like hand grenades and they did not all go off when used which left life ammunition on the ground. that could kill anyone, and that was the objection.

The destruction of the US manufacturing base over the past 20 years is now showing up in no real growth.


Jobs & Markets

DJIND-W 10-2-2015

The jobs number came in sharply lower than expected showing that U.S. employers have not been hiring over the last two months and wages as well fell in September. With this turning point 2015.75, we should begin to see declining economic numbers and a closing on the Dow below 15970 today will warn of a retest of the August low.

The weak jobs number is now raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year. We are starting to see that higher rates are linked in thinking to stronger economic growth. When the economy declines, rate expectations decline. This is the real view of interest rates and their relation to the marketplace.

If the August low of 15370 gives way, we appear to be headed to that slingshot move where we first move down and trap everyone bearish to provide the fuel to rise again initiated by short-covering.

The markets will be ruled by the Bears for the next 12 months!


2015.75 & Debt – Did 9/30 Mark the Beginning of the End?

Debt-Crisis

It is very interesting that the debt ceiling was kicked down the road to the precise ECM turning point 2015.75 – September 30th, 2015. But Boehner had to resign and this has turned into a religious event not just economics. This turning point from the debt perspective is interesting. The 1985.65 turning point produced the G5 and the Plaza Accord. That was the beginning of this Private Wave. It did not appear to be significant at that moment, but it set in motion the change in trend in the dollar and the shift in capital that resulted in the 1987 Crash concluding that 4.3 wave at 1989.95 culminating in the Tokyo Bubble.

Here at 2015.75 they kicked the debt ceiling can down the road which they assumed would be until December. However, Treasury Secretary Lew says the US will run out of money by November. So it does not appear they will even make it to December. From here on out, this debt crisis will now begin to get really crazy as one domino falls after the other.

One day after the Blood Moon we will see a 12 month slide in the markets


The ECM Turning Point 2015.75 – The Start of a Trend is Now

ECM-Wave-2011-2020

I was in Barcelona and was asked by many did I think the pro-independence parties in Spain’s Catalonia region would actually win. I told them it was inevitable for this is the global trend in motion. The vote for Catalonia is in – the separatists have won an absolute majority in regional elections. It looks as though the separatist alliance and a smaller party won 72 seats in the 135-seat regional parliament. They have declared that this will now allow them to declare independence from Spain unilaterally within 18 months.

The Spanish central government in Madrid has pledged to block any unilateral independence moves in court. Why? Politicians are no different than kings, dictators, or emperors. This is not about what the people want, it is all about maintaining power.

This vote is just the BEGINNING of the separatist movement around the world. Centralized government is dying. Society has always swung back and forth between centralized government and regional government. Once a centralized government grabs power, it will always expand until it consumes all power.

This is why I say that TAXES ARE NO LONGER NECESSARY. Money is no longer a commodity and the value of any currency depends entirely upon faith. Even gold has no value unless you believe someone else will accept it from you at some mutual agreed value. This is also why money cannot be a store of value for it requires ending the business cycle and life itself.

Why do we pay federal taxes? What is it really providing for the people? Taxes are necessary locally where governments cannot create money. Yet where government creates the money no longer tied to anything tangible but really the collective capacity of the nation (GDP), then there is also no need to tax nor is there a need to borrow constantly with no intention of paying anything back. Now we have interest rates at near zero and governments need rates at virtually zero or the cost of government will explode. So it is them against the people always. Retired cannot live off of their savings and pensions are going broke all because government is the biggest debtor and it stupidly assumes it can raise or lower interest rates to steer the economy when they themselves are the biggest debtor upon which their own tools have no influence on fiscal responsibility. We live is a world that has totally gone mad and nobody will sit down and just look at how this structure is functioning.

The separatist movement is the breaking up of federal governments and the return of power back to regional governments. This is being fueled by taxes and the diminishing trend in employment and lowering of the living standards.

The Catalonia vote comes right on target with the Economic Confidence Model. This turning point is PROFOUND, for it is not the crash in stock markets, commodities, or the private sector. This is the BEGINNING of the trend which will see the fall of governments and the rise in demands for political change EVERYWHERE.

ECM2015-2020

November 28th, 2018 will be the major target moving forward for political chaos. On the last two important wave formations, 1998.55 and 2007.15, this Pi turning point produced to the day the 911 attack and the day Greece asked for IMF help starting the sovereign debt crisis. So 2015.75 is the BEGINNING, and not the end of a new trend that will be very profound for our political future.

ECM-1998-2002

ECM Greece

It’s Not Your Money


corbyn Jeremy

Jeremy Corbyn, the new head of the British Labour Party, is really a Communist. He is not championing a minimum wage, but a MAXIMUM WAGE. He is advocating that no individual should be allowed to earn more than whatever he feels is appropriate. These people view one simple fact: whatever money you earn is not yours, it belongs to the state. I was in Canada and there was some socialist woman on TV being interviewed and she said that openly. It is not your money, it belongs to the state. They merely decide how much you are allowed to keep. I was dumbfounded she actually said that in public whereas I hear that all the time behind closed doors. Nothing belongs to you is their actual true belief.

These Marxists want to suppress freedom and cannot see that we are all different and have a God given right to pursue our own dreams. Some people want to produce while others do not. All these people do is drool over what other people have and demand they have been cheated because they are entitled to the same.capitalism-vs-socialism

What Corbyn cannot understand is that this is no different from robbery. If you walk down the street and a man points a gun at you, demands your watch, all your cash, and justifies it by saying that he has nothing you have everything, then what is the difference between that and writing a law to accomplish the same thing? Where can we go to be free of people who just want to rob whatever we have because they are lazy or incompetent to ever have an original thought? This may be the final end of the British Empire. After all, it is getting close to 443.76 years from Elizabeth I (51.6 * 8.6). A very precarious event that may indeed signal the shift from the West is underway to China.

If You Cannot Tell the Truth, Hide the Truth


draghi-lagarde

The motto of the ECB is plain and simple: why reform when we still have some power? Governments will fight until the last drop of blood is spilled; they assume it will be your blood, not theirs. We will see the opposite of transparency unfold along with a rush to eliminate cash. This will force Europeans into electronic money for that is the solution to prevent bank runs. The head economist of the Deutsche Bundesbank warned that the ECB cannot afford to tell the people the truth about banking for it may lead to bank runs.

The banking crisis in Europe is huge because bank reserves are a mixture of sovereign debt from each member state. The only way to prevent this potential banking failure crisis is to withhold the results of bank stress tests from the public. The ECB is most likely going to follow this advice to prevent the public from knowing which banks are in the worst shape. If you do not know whom to trust, human nature will distrust everyone.