On Tuesday U.S. officials, under the guise of anonymity, leaked the name of the suicide bomber responsible for the attack at an Ariana Grande concert in Manchester before the British police had officially named him causing greater skepticism for allies sharing intelligence with the United States. There is something seriously wrong in the intelligence community […]
QUESTION: Mr. Armstrong; I have read where some people are claiming this “Shari’ah Standard on Gold” will become the new “reserve currency” and this seems really just nuts. I understand there are 2 billion Muslims in the world, but they seem to forget that this is once again wild speculation. Any thoughts? OP ANSWER: No. This […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/05/Comey-Oversight-May-3-2017.mp4 QUESTION: Mr. Armstrong; I respect your legal reasoning. A friend of mine is a lawyer and he said you are pretty sharp. So I pose this question. People are claiming that James Comey’s testimony on May 3, 2017 is the smoking gun that proves Trump did not ask him to stop the investigation into […]
The US government plans to sell half of the Strategic Emergency Oil Reserves and gasoline. The days of OPEC embargoes of the 1970s are now long past. The government plans to increase its budget for the financial year by $500 million. Therefore, over the next decade, the government wants to increase financial leeway by as much as […]
QUESTION: Hi Martin, Long time… perhaps you can reflect on the indicator of the Shiller CAPE ratio? Not that it is a predictive sell/buy signal in itself, but it is an indicator showing history R ANSWER: The Shiller Cyclically Adjusted PE Ratio known as CAPE, is a particular PE ratio invented by Robert Shiller of […]
QUESTION: Mr, Armstrong; I read the research you provided for the Hong Kong WEC. I tried to see if I could find some of the Harper’s Weekly articles you photographed and perhaps others. They are not online. May I ask, where do you get access to such material? ANSWER: I have a very extensive library […]
Asian indices closed lower on the day following a disappointing OPEC announcement. The market had built-up so much expectation that no-reduction was necessary to avoid the dissatisfaction that eventually matured. However, that said the majority of talk early this morning was around the PBOC playing with the currency and also talk that a little intervention […]
While the Fed may be raising rates, there is still a flight to quality underway that is giving a bid to US Treasury issues. Low Treasury yields may remain the norm even if the Federal Reserve raises rates again. At about 2.25%, 10-year yields have dropped to 2017 lows, even with the central bank signaling an […]
There is a very serious hypocrisy over this whole issue of Russia trying to influence the 2016 election when the Obama Administration directly intervened in Canada, Britain, and France as well as Israel and is expected to do so again in Britain and Germany. The New York Times, Washington Post, and just about every other […]
QUESTION: Mr. Armstrong, when you were here in Barcelona, you said that Catalonia would vote to separate from Spain. Most thought you would be wrong. I myself confess I was not sure you would be right. Well you were right, or your amazing computer was correct, and the fever to separate only grows bolder. Do […]
