Most people have little idea WHY big money was targeting buying farmland in Canada, USA, and Australia. It was more than just Chinese investment. With interest rates down to negative, capital has been looking for returns. They were buying farmland and then renting it out generally for 5%. This created what many call the […]
Even though the US market lost a little of Mondays gains into the close, the mood in Asia still appeared reasonably constructive ahead of any trade talks. The Hang Seng was a little more confident as it responded well to rebounding tech values, but even then only managed a near unchanged close. Shanghai opened well […]
COMMENT: Mr. Armstrong; I just wanted to write to say thank you. You saved my marriage. My wife insisted I listen to you because you were right and got me out of gold. You also got me out of Bitcoin and I cannot thank you enough. These crazy people were touting a new age of […]
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 […]
Even as Chinas trade expanded, it really has done nothing for stock market confidence or sentiment, especially after the poor auto sales numbers. We saw more selling pressure today as the Shanghai core index closed 1.4% lower, with the Hang Seng under even more pressure resulting in a 2.4% decline. Money is still leaving the […]
QUESTION: Mr. Armstrong; I really encountered an insane goldbug who claimed you were paid off by the gold cartel to keep the price down. These people cannot open their eyes and see anything but gold or bitcoin. Then they argue the age of knowledge and bitcoin will become the new reserve currency. You really […]
As we go into the elections tomorrow, this campaign has revealed the great political divide that once it has been exploited, there is no putting it back. A Democratic win in the House guarantees that this political divide will only get wider and deeper. They cannot actually pass anything without both the White House […]
A much welcomed rally the past couple of days to end the traditionally torrid month of October. A finally push today moved indices further away from their recent lows, but remain well down for this month. Optimism remains absent with Novembers planned US/China talks on trade still questionable as being included as part of the […]
QUESTION: Do you think that a pole shift will be devastating to society? SK ANSWER: No. I think many turn such events into a looming existential threat destined to destroy us. That is probably up there with the Yellowstone Supervolcano. These treasured theories of our impending doom seem to lurk in a myth that some event […]
Merkel has been the face of Europe – good, bad, or indifferent. Germany has been the major economy in Europe with France a distant second. We must understand that the fate of the Euro hinges on this position of Merkel. She has been a staunch supporter of austerity and the Green and AfD are […]
