The rally in bitcoin has come out of China, which has accounted for 98% of bitcoin trading in the past six months. China is also home to about two-thirds of the world’s bitcoin mining power. The Phase Transition spike in bitcoin is very alarming, for it flies right in the face of government attempts to […]
Because Australia has convened a commission to terminate the $100 bill, in the wake of the currency being cancelled overnight in India, there is a growing distrust of high denomination euros and Australian bills. What is interesting is A$100 notes are nonnegotiable now in India. The same is happening in Europe with the €500 bills. There […]
Unfortunately, much of Europe is facing sever cold weather as temperatures plunged below zero with heavy snowfalls. Additionally, this is the worst coastal storms Europe has seen in a decade. Take a look at this chart. You will notice that this last warming cycle that has the lunatics calling this man-made global warming/climate change, was just […]
Researchers who see the whole climate change/global warming theory as bogus and by no means a planet-ending crisis are hopeful that the incoming Trump Administration will allow their views to be heard. The Obama administration wanted to make it a criminal act to disagree with them — typical leftist attitude. The United Nations Framework Convention […]
After a 2% jump in the Nikkei yesterday we was no surprise to see a little profit-taking today. The JPY was a major talking point today with a very healthy bounce back to the mid 115 level, a 1.5% price move in the day. The Hang Seng was the star core performer within Asia closing […]
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in bonds perfectly and called it a major high. I have to say, the system you have created monitoring everything is an incredible teaching tool. I can see what you are saying. There is a major global trend that politicians cannot alter and that is […]
QUESTION: Hi, how are you? I hope you fine. I work with business intelligence for 9 years until now, and I’m decided improve my skills on Machine Learning field. I have searched for studies programs in universities, etc, but have found nothing, honest and simple, to be compared by thoughts, oppnions and views from Mr. Armstrong […]
Schools such as Marshall High School in San Antonio are allowing skits portraying the assassination of President-elect Donald Trump. Meanwhile, Twitter has revealed the so-called Democratic left hates Trump, calling him a racist and intolerant, but they themselves are far worse for they are intolerant of anyone who disagrees with them. The riots in California […]
Japan was certainly the star performer today after we saw the PMI (Purchasing Managers Index) print far higher than expectations. The forecasted number was 51.9% but the release came in at 52.4 a sign that the economy is making significant sentiment in the right direction. This also comes on the heels of this similar number […]
COMMENT: Martin, A few weeks ago (12/13/2016) my wife received a notice from her company about changes to her 401K and I thought I was in a Kafka film. The notice basically identified “the investment elections you can make and the actions that will occur if you do not make you elections by the deadlines […]
