Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve would have more of a reason to slash interest rates—Trump’s longstanding desire. Trump has stated that the markets are undergoing an “operation” of sorts, but I would not […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/11/Barclay-Goldman.mp4 PART II QUESTION: Is he breaking the London metals dealers’ hold to suppress the gold price? FD ANSWER: I am tired hearing the same constant bullshit about gold is suppress intentionally by dealers and that is why it is not $10,000. I have traded against these people for years. Here is a clip from […]
James Garrison served in the U.S. Army Air Forces during World War II, joining the year before the Japanese attack on Pearl Harbor. Jim Garrison’s military career trained him as a pilot and was assigned to the 8th Air Force in Europe. He flew reconnaissance missions over Nazi-occupied territories, contributing to intelligence-gathering efforts. His role involved photographing […]
COMMENT: My hats off to you if your call for today’s low holds for a few weeks and/or for the year. I would have thought a retracement to the 62-fibo would have been more likely. Thank you. SH REPLY: As I said on the private blog, back in 1987, I could not find any technical support […]
QUESTION: Mr. Armstrong, when you were here in New Zealand, you talked about how earthquakes clustered. Is this happening again? YD ANSWER: Oh yes. It’s been a while. Precisely. Here is a list of the top 20 earthquakes, and you will see a cluster of closely related quakes. The Pacific Ring of Fire is very […]
QUESTION: Mr. Armstrong, you have said that we have lost manufacturing because of taxes rather than tariffs. I believe you also said that a trade deficit is not a bad thing under your capital flow analysis. Can you please explain this? The press seems to say the opposite, but they are political fake news. Thank […]
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 2,644.00 points or -7.83% to 31,136.58 • Shanghai decreased 245.43 points or -7.34% to 3,096.58 • Hang Seng decreased 3,021.51 points or -13.22% to 19,828.30 • ASX 200 decreased 324.50 points or -4.23% to 7,343.30 • SENSEX decreased 2,226.79 points […]
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China imposed a 34% retaliatory tariff on all US goods that will go into effect on April 10. Trump hit China with a 34% tariff in addition to the 20% levy implemented earlier in the year, marking up all Chinese exports by 54%. China is not taking matter lightly, and in addition to tariffs, has […]
Former President Barack Obama is urging Americans to resist Trump’s policies even if it means making “sacrifices.” “It has been easy during most of our lifetimes to say you are a progressive, or say you are for social justice, or say you are for free speech, and not have to pay a price for it…And […]
