White House Correspondents’ Dinner host and Daily Show star Hasan Minhaj delivered a blistering criticism of Donald Trump Saturday night at the Washington D.C. gala, attacking the president for not showing up to the annual event that is supposed to celebrate free speech and a free press, but turns out to just be a self-congratulating […]
Poland represents a major threat to the EU. The entire idea of the EU was the propaganda that Member States would successively grow into a real Union through a longer integration process. GDP was supposed to grow, not decline, and the threat of war would vanish by surrendering sovereignty to Brussels. In reality, the […]
QUESTION: Mr. Armstrong I live in Israel and today I listened to your podcast with Macrovoices. At some point you mentioned that there is more oil in Golan heights than in Saudi Arabia -and this oil belongs to genie energy. Is it true? How can it be that nobody knew nothing about this in Israel? […]
Given the long weekend approaching in Japan, there was no let up for the yen weakness today as we broke into the 112’s finally. The Nikkei closed better bid as Exporters again rallied off the back of the declining currency. Many are speculating we breach the 20k again next week, but given so much is […]
We have succeeded in moving close toward the Civil Unrest that can erupt into civil war. In Oregon on the Communist May Day holiday, anti-Trump factions who are calling themselves now “anarchists” have turned violent. They threw rocks, smoke bombs and just about anything they could at police officers during a May Day rally. Thousands […]
Andreas Schieder (born 1969) is the parliamentary head of Austrian Chancellor Christian Kern’s Social Democrats. He is a typical career politician since 1997 and the very type of person who has no idea about the world economy no less human nature. He is a highly dangerous bureaucrat who only looks at people like cattle from […]
Tokyo March 1999 Institutional Seminar QUESTION: Mr. Armstrong, I attended your March 1999 conference in Tokyo when I worked for ______ bank. I remember you called out Soros and crew and said they were trying to manipulate the yen for fiscal year end. You warned the Japanese how to defeat the Club. If I remember, […]
Volumes are always low when many markets are closed and that is what we saw in todays trading. Under those conditions the Nikkei returned a positive performance as the Yen continued Fridays heavy theme having spent much of the day in the high 111’s. This is not a huge move but a weaker currency will […]
The closing for April in the Dow Jones Industrial Index was very interesting to say the least. The closing at 20940.51 was just under our numbers defining bullish indicators – 20770-20975. This tends to suggest we are not breaking-out just yet and the turning point to watch has been the week of May 8th. If we […]
The Debt Ceiling issue is back and of course people will sell the dollar as if the USA would actually default. The bulk of the debt is owned by the government so any default would send the economy down and pension funds from Social Security to government pensions. Nobody pays off their debts. All countries […]
