QUESTION: Do you think that a pole shift will be devastating to society? SK ANSWER: No. I think many turn such events into a looming existential threat destined to destroy us. That is probably up there with the Yellowstone Supervolcano. These treasured theories of our impending doom seem to lurk in a myth that some event […]
A similar trading pattern was seen in both the Shanghai and the Nikkei overnight opening at the days lows and positive correction for the balance of the day. The headline that regulators would encourage share buy-backs and promote M+A activity helped restore some much needed confidence to the market. Core China rallied just over 1% […]
QUESTION: Mr. Armstrong – On 08/23 you wrote a blog entry that seems to espouse two incongruous claims: (1) That the press has distorted & propagandized its news reporting so egregiously now that the American people give little credence to what it tells them (as evidenced by the Gallup polls results you showed), and (2) […]
Every time we turn around there is another so-called journalist who believes the freedom of speech is their freedom to distort the news to support what they would personally prefer. Now the controversy turns to spotlight Kate Snow at NBC who appears to have sat on a story given to her by the questionable activist lawyer Michael Avenatti […]
Merkel has been the face of Europe – good, bad, or indifferent. Germany has been the major economy in Europe with France a distant second. We must understand that the fate of the Euro hinges on this position of Merkel. She has been a staunch supporter of austerity and the Green and AfD are […]
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Much of the early Asian talk surrounded fears we would see a continuation of last weeks weakness, but from external rather than internally led . Despite the fact that Chinese indices are off 25% YTD, the weakness seen in Europe and the US is still impacting an already weak Chinese market. The late news of […]
We ABSOLUTELY must understand that Merkel is on her way out and she has been the face of the entire European Union. This is incredibly important for it WILL ultimately undermine the Euro itself. Keep in mind that the entire play within Euroland has been to buy the Bunds and sell just about everything else. The […]
QUESTION: Thank you, Mr Armstrong, for your lifetime work. mindblowing as always. I picture Europe now as Greece during the Roman Republic (before its conquest). isolated, corrupted to the core. And the US as the new Roman Republic. Will it become an empire after 2032? Marius was the man of the people and in the end, […]
Both the SPD and the CDU have suffered serious major losses in the state elections in Hesse. The CDU and SPD have accepted the expected clear defeat where they lost some 10% of the votes compared to the last election and it is really all about the Refugee issue. The Greens have won sharply as […]
