The collapse of the Morandi Bridge in Italy has prompted a serious dispute between Brussels and Italy. Italy is taking the position that the demand of Brussels to comply with austerity denies Italy the ability to even repair its infrastructure for its own people. When it asked previously for relief to deduct the cost of all the refugees, […]
QUESTION: Do you support the unilateral withdrawal of the US from the Iran deal? ANSWER: Iran has no intention of actually conforming with that agreement. But that is really a side issue. There is a significant displeasure with the religious government in Iran among its own people. No nation is ever 100% left or right. There […]
Japan was the outlier today after the majority produced a positive return. After an initial surge the Nikkei fell back into negative territory where it spent the rest of the day. Exporters, energy, base metals and banks fell victim to todays weakness and probably not helped by the Yen’s strength. In late US trading […]
The Turkish court has rejected the appeal to release Andrew Brunson, who is the alleged US pastor at the center of a dispute between Ankara and Washington. While he has been there for 23 years, his new Church of the Resurrection has existed for less than a year and it had only 25 members. From […]
Many people worry about over-indebtedness and point to a default of borrowers. It is interesting how the view of debt is always the low-life borrower. In reality, the real stupidity rests with the lender. Many are pointing to US corporate debt and stating that it has grown to an estimated US $ 7 trillion and they […]
Chancellor Angela Merkel has rejected France’s Macron’s proposal for the establishment of a euro finance minister. Merkel has also stated that she wants a planned EU budget for the Eurozone area as part of the EU budget. She does not want an independent budget for the 19 countries of the monetary union. Merkel is still […]
There is a site that is doing short-term Earthquake forecasts who has a very good track record known as Dutchsinse. He has a very good track record for forecasting events near-term. Of course, this is still not mainstream. It is very strange when people can improve on forecasting they are just ignored. Our models are […]
Another earthquake hit now in Indonesia but this was a 6.9 and much shallower. It has resulted in a landslide from Mount Rinjani after another earthquake hits Lombok. It really would be nice if we simply realize that everything is connected cyclically. We have now had two quakes hit the very first day our computer projected a […]
COMMENT: Ok, this time you were wrong. A major earthquake hit Fiji on the 19th, not the 20th and CNN reported it 3 hours ago which followed your post 8 hours ago. Your slipping! Cheers Keep up the great work PF REPLY: Well, I never bothered to try to hone in on earthquakes to the […]
QUESTION: Mr. Armstrong; In Singapore who warned that there would be continued volcanic activity in the Pacific and that the peak in 2018 appeared to be coming into play August/September. Is that timing still on track? GH ANSWER: Yes. That seems to actually begin this coming week 8/20 and goes into the week of 09/10. This […]
