QUESTION: Mr. Armstrong; Your post of November 16th where you state that the ECB is looking to freeze accounts in a banking crisis, does that mean they will no longer honour the claimed insurance of €100,000 per account? PH ANSWER: No. They will not pretend to eliminate that insurance, they just will “suspend” it […]
Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed. Merkel only received 32.5% of the vote, which is probably the lowest vote of any major world leader. The FDP pulled out of negotiations thrusting Germany into a political crisis and ever closer to a possible new election. Meanwhile, […]
It has come to our attention that there are individuals soliciting clients for money to trade on their behalf claiming they have mastered our system and will use it. These people have NEVER managed money and handing them money is no different than asking a cab driver to conduct surgery on you because he sounds like […]
So far, there is no confirmation of Marines landing at Langley and storming the CIA to prevent some sort of coup. That conspiracy seems to be way over the top. MEU is the Presidents 911 force. Marines are the “President’s Own.” A MEU would be accurate if used by Trump. However, I have not seen any […]
There are reports now circulating that a special forces group of 2200 marines have landed and invaded the CIA Headquarters. They supposedly have landed in the classic tilt-rotary helicopters. I have been working on this to actually confirm the veracity of this claim but not a single photo has even surfaced. The spin is they […]
QUESTION: Dear Mr. Armstrong Why do you always use the Dow Jones Index? It seems to have the least logical construction of the major indices. Why not use the S&P500? Many thanks for your informative and thought-provoking blog, G ANSWER: Each index offers a completely different perspective. The Dow Jones Industrials is the “big” money. […]
QUESTION: You have said that all we have are politicians, not statesmen. What is your definition of a statesman? GD ANSWER: A statesman is one who admits when he has made a mistake and has the wisdom to correct it before it does any more harm. This is the same quality required to be a successful […]
The Hunt for Taxes is now creating a crisis in healthcare in Britain. The UK government is gearing up for a massive tax clampdown targeting private sector contractors. The UK Treasury estimates in its budget that this taxing of private contractors in healthcare will create £185m in new taxes for the year 2017/18. This is known as […]
The tax reform bill passing the US House yesterday certainly added to sentiment, after great earnings releases for markets but Asia need more help for cash today. Having opened strong all core markets then drifted and even saw the Nikkei trade negative. For the week it closes down 1.3% which has broken a two […]
QUESTION: Mr. Armstrong; All the news here in Britain is always how bad it will be if we leave the extortion ring in Brussels. You have mentioned that we are the biggest market for German cars. What will Brexit do to the EU? Thanks GD ANSWER: Once the British exit from the EU “extortion” ring as […]
