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WEC 2018 Orlando

By admin / November 18, 2018

We would like to thank everyone for a great WEC. Thank you for all the comments saying this was the best one ever.

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BREXIT v EU

By admin / November 18, 2018

Dominic Raab, who was the negotiator in BEXIT told the chief whip straight after cabinet yesterday that he would quit. He said the prime minister could still change course and should be ready to walk away with no deal. Naturally, Prime Minister May defends the deal and this is indicative of someone who never supported BREXIT, […]

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Illinois Thinking About Imposing a Stiff Exit Tax to Leave?

By admin / November 17, 2018

The politicians in Illinois after destroying the state economically, want to now impose an EXIT tax for anyone who dares to think about leaving the state. This is the problem we face. They will never look at the long-term impact of their decisions. Such a tax may make others decide NOT to move to the […]

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IMF Tells Nations to Create Their Own Cryptography

By admin / November 17, 2018

COMMENT: Mr. Armstrong, I have to say that Bitcoin has crashed again because the IMF says each country should create its own cryptocurrency. That would kill all the cryptocurrencies and you were right again. Governments will never surrender their power to Bitcoin. Thank you for your realistic perspective DT REPLY: I really do not get these […]

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Market Talk- November 16, 2018

By admin / November 16, 2018

A relief rally after a poor opening for US markets and that confidence did roll into Asia, but only for a short time. The Nikkei opened well but then saw selling and the heavy mood softened the index into the weekend. This trade could also have been a balanced trade for the Yen, which is […]

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The Coming Monetary Crisis

By admin / November 16, 2018

QUESTION: Mr. Armstrong, you said that next year, interest expenditure will most likely exceed military. Is this how the monetary crisis begins to unfold? WR ANSWER: The entire problem with this Quantitative Easing has been the plain fact that the government is the biggest debtor. This is the same model around the world. Lowering interest […]

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Turkey looking to Cut Taxes to Fight Inflation?

By admin / November 16, 2018

Since the beginning of the year, the Turkish currency has lost more than a third of its value against the dollar. As the currency declines, imports rise in cost since they are denominated in foreign currency.  This adds to the inflation problem domestically. Among other things, the sharp criticism of Erdoğan in the markets has cast doubt on the independence […]

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Real Estate – Taxes – Currency

By admin / November 16, 2018

COMMENT: Dear Martin, I bought ‘The World Real Estate Report’ at the end of 2016. It stated that Australian real estate was going to fall after the first quarter (March) in 2016. The property prices in Melbourne (where I live) continued to rise in April 2016 so I sent an email to Socrates Support asking […]

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Market Talk- November 15, 2018

By admin / November 15, 2018

Asia traded reasonably well following the US volatility, with core China indices closing over 1% higher following encouraging Trade headlines. Talk is that discussions between the two are progressing – or even that they are communicating! However, the main topic happened later in early London trading so lets just jumped ahead to todays hot topic […]

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