QUESTION: Mr. Armstrong; Our government here in Argentina has told us we should expect more poverty and there is no hope for the future. Socrates has been amazing on its forecasts on our currency. There are enough of us down here who would sincerely ask would you consider advising Argentina to straighten out our economy […]
QUESTION: I recently read that the weather defeated Napoleon created by a Volcanic Winter in 1815. It seems to have lined up with your chart on the decline in the energy of the sun and sunspot activity. Would you agree with that? PH ANSWER: Oh yes. The theory that Napoleon lost at Waterloo was the result of […]
QUESTION: Mr. Armstrong; I believe the next migration out of California is now also impacting Silicon Valley. Do you see elements of this moving to Austin Texas as the rumors are here in California? HY ANSWER: Yes, the rumors are correct. Silicon Vally if you ranked it as its own nation, it would be in the […]
For much of the day, Asia was trading flat to a touch weaker. However, the core recovered into the close with renewed confidence that US and China would soon settle Trade uncertainties. Of course, these were only domestic rumours, but the news proved optimistic enough for an afternoon rally. Both Shanghai and the Hang Seng […]
Foreign investors have been withdrawing on a large scale from British government bonds since July when the Conservatives seems to be splitting. Bank of England data released revealed a net outflow of £17.153 billion from foreigners in July, the largest since records began in 1982, Reuters reports. Even in June, there was still net capital investment […]
There are way too many cryptocurrencies out there and even if we accept the theory that ONE will survive and become mainstream, what happens to the rest? This is the great unanswered question. You certainly cannot replace the dollar and central banks with thousands of currencies. We tried that once when Andrew Jackson revoked the […]
Mueller has conspired with others in the Deep State to take down Donald Trump as President. The way they do that is, in fact, to prosecute absolutely everyone around him to compel them to give false evidence against an individual. That is the standard operating procedure in how criminal cases are brought. The talk behind the […]
Always a quiet day when a major market is closed and we saw that today. Asia traded weak all day as it responded to news that the US and Canada are yet to reach a trade agreement despite rumours they were close last week. Of course, markets hate uncertainty and this throws open the […]
Most small businesses do not offer retirement plans because the excessive regulation which drives the costs significantly higher. Trump’s new Executive Order is primarily designed to reduce those costs by streamlining the excessive regulation. The order further makes it clear: “Within 180 days of the date of this order, the Secretary of the Treasury […]
