All posts in "Gold"

Being Humble is Required for Trading

October 15, 2017

QUESTION: I have a personal question. You have said that what you know has been taught to you by your clients. People who attend your WEC say you are humble and not arrogant. Could you explain that? MN ANSWER: Look. You cannot go to university to get a degree in trading or being a hedge fund […]

Market Talk- October 13th, 2017

October 13, 2017

Today we saw Bitcoin (BTC) close and break through the 5000-dollar mark for the first time –BTC recovered fast from the recent downturn to 2800 level found mid-September, the issue I have is what is the long-term prospects with such a cryptocurrency. The questions we must ask is will Governments allow such a currency without […]

Joseph Napoleon Bonaparte & His Exile in New Jersey

October 11, 2017

QUESTION: Years ago, while visiting Salamanca, Spain, I was told that Napoleon’s brother abandoned his rule over Spain and made off with a large cache of gold. I know that he fled Spain to New Jersey. Is there any truth to this gold story? If so, what economic impact did he and the gold have in […]

Market Talk- October 9th, 2017

October 9, 2017

Generally a very quiet day in the markets, no real game changing events shocked the major markets today. German industrial production was announced with 2.6% MOM gain as opposed to a 0.7% forecast. ECB’s Lautenschlaeger did have a speech and hinted at scaling back asset repurchasing next year with the view to scrap the program […]

Market Talk- October 6th, 2017

October 6, 2017

The end of a holiday week for markets in Asia. We have to wait until Monday to see mainland China, South Korea and Hong Kong’s reaction to the US NFP’s release and also the reaction to the turn of the US Dollar Index. Markets that were opened were seeing futures initial response trading firmer as […]

Gold – Dollar -Trade Deficits All Mixed Up

October 6, 2017

COMMENT: Marty; I get these emails about gold and have to wonder how people can keep preaching the same thing for decades and never be correct once. Now they say in a very simplistic manner the politicians argued that endless trade deficits were immaterial because U.S. exceptionalism allowed America to do what it wanted. If foreign […]

Private Blog – Gold Into the Benchmark

October 3, 2017

Gold into the Benchmark Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.

Will China take over US as the top Superpower

October 3, 2017

QUESTION: I read a credible theory recently about China taking over US as the top superpower via economic pressures. Namely by replacing the US dollar with the Yuan as the standard currency for international trade. This shift is (supposedly) being enacted through 1) increased control over Developing countries through international lending from the New Development […]

Diversification – Smart or Dumb?

October 2, 2017

  QUESTION: Mr. Armstrong; Do you believe in portfolio diversification? ANSWER: No not really. I see no point in putting money in something you know will be a loss. Diversification within a sector is one thing. But buying government bonds when rates are at a 5,000 year low and governments are in trouble around the […]

Market Talk- September 27, 2017

September 27, 2017

In Asia we saw a similar picture to yesterdays market movers with Shanghai and the Hang Seng both closing higher whilst the Nikkei, ASX, KOPSI and SENSEX all closed lower. The SENSEX lost the most ground today (-1.4%) as it continues to add to its recent losing streak, making this its seventh day in a […]

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