Asian markets were buoyant in the hope the meeting between USA and China over the next few days would prove fruitful. Early losses were quickly reversed leading to 1% gains for both Shanghai and the Hong Kong’s Hang Seng indices. The Nikkei gained strength throughout the day, but should be viewed together with a weakening […]
QUESTION: Hi Marty, I wanted to ask you if you know anything about the LEI (legal entity identifier) that brokers are now requesting from clients who trade forex and other derivatives and who have accounts under a business structure? I recently opened a trading account under a business structure (company/trust) and was only told yesterday […]
Believe it or not, pretend Scientists are actuall proposing to create a synthetic Volcanic Winter by spraying sun-dimming chemicals into the Earth’s atmosphere the same as a volcanoe when it erupts. These pretend research scientists at Harvard and Yale universities have published in the journal Environmental Research Letters proposing to inject an aerosol (SAI) to reduce the […]
There is a lot more to Climate Change than the dire predictions that we will be eating each other by now. The Sahara Desert was once lush and green. Then the weather systems shifted and the once fertile land turns to desert. The Sphinx is believed to have the face of Khafra of the 4th dynasty during […]
Even though the US market lost a little of Mondays gains into the close, the mood in Asia still appeared reasonably constructive ahead of any trade talks. The Hang Seng was a little more confident as it responded well to rebounding tech values, but even then only managed a near unchanged close. Shanghai opened well […]
QUESTION: Mr. Armstrong; Your forecast that the capital flows would shift from the EU to the USA I believe has been confirmed by both the European bond markets and share markets. The German DAX is trading below the low created in 2017 while the USA is trading above it. Is this confirmation that your […]
What I have found totally shocking is that the British government under Prime Minister Theresa May is this need to surrender all rights just to remain in the customs union. She has not figured out that the UK has been at the top of the list of the European Union’s ‘Big Four’ economies in terms […]
While NASA has now confirmed that the outer atmosphere is getting cooler, it seems desperately insane for people to keep denying the possibility the Global Cooling is taking place rather than Global Warming when the former brings famine and the latter brings economic expansion as civilizations rise. The rise of Rome was due to […]
It feels as though this is the week that the markets have been building for all year! Having heard late yesterday that the EU 27 had accepted the BREXIT terms it is now up to Parliament to vote on the deal. This vote is expected, though not scheduled, for December 12th so we can expect […]
The IMF has recommended that all Central banks should issue their own cryptocurrencies. Indeed, they are looking at using Block Chain to keep track of taxes and to enforce negative interest rates with cryptocurrencies which would allow them to impose negative interest rates whenever necessary. With adopting cryptocurrencies that governments would control, we will come one step closer to losing all […]
