The demand for safe-haven JPY returned with a vengeance today even though Japan was on a national holiday (Coming of Age Day) but in the futures markets the Nikkei lost almost 1.3%. The Yen traded stronger all day and in late US trading was seen slightly under the 116 level. Both the Shanghai and Hang […]
The Moscow’s Emergency Situations Ministry told residents on Friday that temperatures would drop as low as minus 35 degrees Celsius (-31 Fahrenheit) during the night of Jan. 7-8, warning that abnormal cold may affect the city’s power grid in some areas. Moscow is also experiencing the deep freeze here in January.
The Dow made a new high on Friday, but we failed to closed above the 2016 high. We still see the next major resistance level in the 21000-23000 area. A Phase Transition is only likely exceeding that level. Gold has bounced but the resistance stands at 1197 level with support at 1130 zone. The lowest […]
QUESTION: Mr. Armstrong; I read your work on the euro from the nineties and how it would fail. Everything you laid out unfolded over the the subsequent 20 years. I assume you have discovered historical attempts to create a euro type system before aside from Napoleon. Can you point to any other references? HF ANSWER: History repeats […]
COMMENT: Marty; It’s below freezing in Athens. This is the coldest I have ever felt here in a long time. The average temperature is normally 10°C (50°F). I do not understand how people keep calling this global warming. REPLY: The data being put out as propaganda has been indexed at a higher base. Without adjustments, the […]
Back in March 12, 2013, James Clapper committed perjury before Congress for which anyone else would go to prison for 5 years. He did not flinch at denying that the NSA was collecting data on Americans. The record showed: “Does the NSA collect any type of data at all on millions or hundreds of millions […]
