QUESTION: Hello Martin, last week i read on your blog about possible fall in Dow Jones, you said it’s possible that we could see biggest fall ever and that should start this September but today you sad you don’t expect major correction. I’m sure there are many readers on your blog who are confused about this topic […]
Visiting Socrates’ Jail Cell COMMENT: Dear Martin, I was watching a documentary about the making of Kubrick’s ‘2001: A Space Odyssey’ the other night, and the first name considered for the HAL 9000 computer was ‘Socrates’. Interesting! Regards, N. REPLY: Interesting. I choose Socrates because he was the smartest man in Greece, but he did […]
All our staff have evacuated. We were all under mandatory evacuation orders. So thank you for all the concern. Our decision to leave was primarily due to the fact that the storm shifted to the West and the likelihood of power outages potentially lasting days or weeks was the real deciding factor. Generators also […]
QUESTION: Mr. Armstrong; You said at your Frankfurt the ECB policy of negative interest rates is actually creating a wider gap between the poor and the rich. Could you elaborate on that comment? Thank you. Hope you come back to Frankfurt. You do realize that you get twice the crowds here than anyone. OT ANSWER: Lowering […]
There is no doubt that the feud between Donald Trump and Republicans in Congress has been astonishing. Even some Republicans support trying to impeach him thinking he will be a liability in 2018. Trump is responding like a businessman and not a politician, Many of his supporters hoped for this and voted for him to drain the […]
QUESTION: Is there anyway the People have a remedy when the court is corrupt? ANSWER: No. The only remedy historically becomes a revolution. This is by no means restricted to the West. In China, the Judicial minister Chao Cuo (? – 154BC) who served under the previous emperor Ching-ti (Liu Ch’i)(157-141BC), earned the hatred of […]
Nothing has yet changed. We are still 500 points away from the start of important resistance. Keep in mind that the ONLY way to break the bank of the monetary system will be a STRONG DOLLAR – not a weaker on. People far too often make a serious mistake and believe that a strong currency […]
Yes, Asia benefited off of the back of the US markets bouncing but it was far from encouraging. We saw small gains for the Nikkei (+0.2%) and the ASX but declines for the Hang Seng (-0.35%) and Shanghai (-0.6%). Given we have little new headline news concerning North Korea the KOPSI has seen a 1.1% […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/09/Beach-9-7-2017.mp4 This is my beach at 11AM on the Gulf West side of Florida. Bright sunny and extremely calm so far. Thank you for all the emails of concern. I know CNN would never show something like this.
The U.S. Virgin Islands Governor Kenneth Mapp of the Virgin Islands has just issued an order allowing the National Guard and the local government to seize any privately owned guns, ammunition and private property necessary to protect the island due to Hurricane Irma. Of course, there is no definition of what may constitute property that is necessary […]
