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July 5, 2015 | The NOs Have A Resounding Victory

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.


So far it looks like about 60%+ for the NOs. This is a truly astonishing victory and we can see that this is going to have a stunning impact upon Europe as a whole by the sheer magnitude of the percentage victory after more than half the people could not vote without returning to their place of birth like the Biblical Census that forced the return to Bethlehem. We should expect the markets will be a bit shocked for the press has been touting the Brussels’ view to oppress the people. Now begins the contagion over the next few months. This is starting to make the ECM turning point very interesting.

We will expand the seating in Berlin WEC. We strongly urge those looking to sign up do so ASAP.

IBEUUS-W 6-29-2015

The week of July 6th has been showing up as a Directional Change in the Euro for some time and even in Gold since early June. It is curious how the model picks things like this up. I suspect that it is the people who are responding to the trend rather than the fundamental making the target.

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July 5th, 2015

Posted In: Armstrong Economics

One Comment

  • Avatar Robert Laden says:

    Since the Greek people don’t want any more new loans from the European Central Bank, the IMF, and the other lenders, then of course, those lenders should oblige them and not lend them any more money.

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