China continues to sell US Treasury bonds trying to keep the dollar down to aid the Federal Reserve. Saudi Arabia, however, has been in a different position having to liquidate US Treasury holdings for they are is a serious financial crisis. September shows a modest sale of $46 billion dollars. Private investors sales were $7.9 […]
Britain has passed what everyone calls the “snooper’s charter” otherwise known as the Investigatory Powers Bill. This new legislation establishes the legal framework authorizing the government to hack into devices, networks and services in bulk and to create vast databases of personal information on all UK citizens. This is a preliminary step for a movement to impose worldwide […]
Japan appears to be in a world of its own this week as not one day has it followed the rest of Asia. Yesterdays meeting between Prime Minister Abe and Trump has failed to produce headlines but I would not rule that out for the weekend though! On the week the Nikkei has gained over […]
QUESTION: Once again Martin your information and explanations are top class. Indian demonetisation, supportive stories in Australian press of ending the $100 bill, Swedish Riksbank investigating digital currency… You called all this months ago and now mainstream media softening up the masses.. Question – why is Bill Gates supporting this do you think ? Thanks […]
While people keep criticizing Trump’s tax plan saying the wealthy will get more back by lowering the top bracket from 39.6% to 33%, all they focus on is class warfare. Trump’s tax plan collapses the seven federal income tax brackets into three, reducing the top marginal rate from 39.6% to 33%, and lowers the corporate tax […]
Trump is keeping his word so far. He has admitted that he was part of the problem paying lobbyists to get preferential treatment. As they say, if you want to catch a thief, you hire a thief. In this case, Trump has really been on the other side and admitted he even paid Hillary to […]
The Wall Street Journal wrote: “Securities and Exchange Commission Chairman Mary Jo White plans to step down in January, opening the door to a new Republican-appointed leader who could move to loosen rules on Wall Street and curb the aggressive enforcement approach Ms. White prosecuted.” To set the record straight, White has protected the big banks all […]
Understand one thing: revolutions emerge from the youth. With all the rhetoric hurled during the campaign, and Bernie Sanders promising free everything at the expense of anyone who works for a living, the youth have become an increasingly communistic generation. Typically, candidates promise everything and nobody really expects them to deliver. This election has hit a nerve simply because it […]
QUESTION: Mr. Armstrong; Your conference was exactly as you have said. A fantastic networking event. It was like a college reunion of like minded people coming together from around the world. At the cocktail party, you said 2015 was simply the 26 year “differential peak” in western governments. I didn’t get a chance to ask […]
Again, we saw good performance from the Nikkei but with the currency attempting the 110 handle having a neutral ling affect. The index closed up over 1% on the day and was helped by the renewed OPEC rumour of potential output cuts. Other Asian exchanges were equally better bid but could not sustain their performance […]
