The following is the new article published in “The New Yorker” magazine October 12, 2009 issue which includes a brief biography of Marty Armstrong and his “PI” Cycle Theory.  This article takes you into understanding how he was able to call exact tops and bottoms in the financial markets…..

The New Yorker article

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Watch out for the stampedes at Walmart on Friday

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A fleet of more than 100 stray icebergs is approaching New Zeland.

This is the second time in 78 years that such massive ice formations have been spotted so far north of Antarctica according to CNN. The previous occurence was just in 2006. Some of these icebergs are huge, approaching half a kilometer in width.

Read more HERE….

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The modest recovery in house prices over the past four months caught almost everyone by surprise, including those who are now explaining it away as an obvious byproduct of artificially low interest rates and the home-buyer tax credit.

The recovery’s momentum is slowing, however, and it seems likely that house prices will now resume their fall and drop another 10%-15%

Read more HERE.

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For the first time in seven decades, Treasury bills are paying no interest while stocks continue to appreciate — a divergence in U.S. financial markets that might be perilous if Federal Reserve Chairman Ben S. Bernanke didn’t know all about 1938.

That’s when the Standard & Poor’s 500 Index climbed 25 percent even as bill rates tumbled to 0.05 percent from 0.45 percent. As 1939 began, stocks began a three-year, 34 percent decline after the Fed increased borrowing costs prematurely to stymie inflation that never materialized.

Read more HERE….

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The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.’s on terms that seem too good to be true. But that happy situation, aided by ultralow interest rates, may not last much longer.

Treasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term borrowings that come due in the months ahead, and interest rates that are sure to climb back to normal as soon as the Federal Reserve decides that the emergency has passed.
Read more HERE….

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A car crash victim has spoken of the horror he endured for 23 years after he was misdiagnosed as being in a coma when he was conscious the whole time.

Rom Houben, trapped in his paralysed body after a car crash, described his real-life nightmare as he screamed to doctors that he could hear them – but could make no sound.

Read more HERE….

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