QUESTION: Mr. Armstrong; You are a personal friend of the royal family of Qatar. Would you care to share your inside knowledge of Qatar leaving OPEC? KR ANSWER: Just for the record, I was a friend of Sheikh Saud bin Mohammed al-Thani who was a member of the Royal family of Qatar. We were probably the two biggest collectors […]
COMMENT: My sister lives in Chicago. She is looking to leave finally. She told me there is a 9% tax on any amusement like Netflix or PlayStation for her son. You are right. They keep finding things to tax rather than address the problem. This cannot be maintained forever. OT REPLY: This is what happens. […]
The key weekend headline for all markets was the agreement between China and the USA on a temporary suspension of further trade tariffs. Although this is only for a period of 90-days, it does offer an ease of tension which will be much enjoyed by the markets. Almost all core Asian indices opened around 2% […]
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The austerity measures of the EU are having a profound impact in Europe. In Paris on December 1st, 2018 (right on time with our volatility models for December) there was a major civil uprising, the worst France has witnessed in recent decades. Yellow Vests movement is named after fluorescent jackets kept in all vehicles in […]
Woolly Rhinoceros Climate Change has existed throughout the history of our planet. When a Woolly Rhino was discovered frozen in Siberia intact back in 1774, that is the event that shook the scientific community. I have called this the Clash between Catastrophe and Uniformity which has produced an emotional issue corrupting scientific research for centuries as […]
The Australian MP Michael Danby (outgoing) is to table the “Australian Magnitski Act” which is very strange. Things like this always seem to be presented by people who later do not stand for election. Nothing other than Browder’s narrative has considered. There appears to be an agenda here and it is building to what looks […]
QUESTION: Did Obama throw Fox News out of the press conferences? HJ ANSWER: No. That is not true. Obama hated Fox News just as Trump hates CNN. Obama called Fox “destructive” for the country. They are just lucky I am not President for I would immediately restore the Fairness Doctrine and force them all to […]
All the hype over Alexandria Ocasio-Cortez who was elected and waiting to take office come January is interesting insofar as the Democrats saw her as the future of the Party, they really have to take a closer look. She compared the caravan from Central America to the Jews fleeing Germany. Republican Sen. Lindsey Graham of […]
Of course, Alexandria Ocasio-Cortez defends cab drivers rather than the riders. Uber is infinitely better than any cab in New York City not to mention cleaner. These people are not capable of ever looking out for the consumer – only those with lobby money in hand for the next election.
