Market Talk – April 8, 2025
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 1,876.00 points or 6.03% to 33,012.58 • Shanghai increased 48.97 points or 1.58% to 3,145.55 [...]
Trouble in Saudi Arabia
Political instability is rising in Saudi Arabia. The Saudi king has fired his longtime Secretary of Energy and the head of the central bank has been replaced. The royal family is now fighting to sustain power.
The fall in the price of oil is having a political impact within the power structure of Saudi Arabia. Eventually, the rise in the dollar on world markets will force the peg to fail. As that develops, we should pay attention for this type of event may lead to a very serious political situation that could change the structure of government. The risks begin to build in June, October, and then next March.
Latest Posts
The Bounce
COMMENT: Mr. Armstrong, you are way too modest. You are the only one who forecast this event to the very day of the low, as you have done so many [...]
A Flight to Treasuries?
Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve would have more [...]
Part II – Gold Manipulation?
https://www.armstrongeconomics.com/wp-content/uploads/2017/11/Barclay-Goldman.mp4 PART II QUESTION: Is he breaking the London metals dealers’ hold to suppress the gold price? FD ANSWER: I am tired hearing the same constant bullshit about gold is [...]
