PRIVE BLOG – Dow Jones Update for Close August 2018 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
Rumours that US President Donald Trump favours additional tariffs on China, has hit Asian stocks again, as we enter the long weekend liquidation. Weakness seems to be growing for emerging markets across the globe and that is having a knock-on effect on core markets. The Yen has blipped again, into a 110 handle, as the […]
PRIVATE BLOG – We are Doing a Series of Updates on Gold, Share Markets & Currencies for the August Close because of its importance Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
The US share markets are being driven up by two main factors. First, institutions have sold the market assuming there would be a major crash. In February at the lows, Goldman Sachs was forecasting that the market could plunge another 25%. In May, Goldman Sachs again was warning that the next crash will be worse because […]
QUESTION: Greetings Marty, I have followed you since the old Money Radio days! Can you help me understand the disparity between the declining velocity of money, the growth of the economy and what the natural consequence may be? Thank you for your willingness to share your knowledge! Regards, MRM ANSWER: Oh yes. Buzz Schwartz […]
CNN reported that Trump’s former lawyer, Michael Cohen, was ready to tell Mueller that Trump knew about the meeting with Russias at Trump Tower in advance. Many other newspapers report the story using CNN as the source that this was the “bombshell” that would impeach Trump. that The problem is that Cohen’s lawyer, Lanny Davis, has […]
Despite a positive opening in the Nikkei, that sadly was not to last and eventually finished unchanged on the day. Exporters were the initial driver of the strength on the back of a weaker Yen (high 111’s), however, a lack of any follow-through and lower peripheral markets, sentiment just drifted with the days volume. Shanghai […]
QUESTION: Mr. Armstrong; You seem to be the only reliable source on these machinations of Russiagate. There are those who say that the neoconservatives used Ukranian politicians financed by Washington to overthrow the democratically elected government of Ukraine and to put in office a government hostile to Russia. The intent was to use Ukraine, a Russian […]
QUESTION: Do you think that robots will eliminate a lot of jobs in the future? EH ANSWER: Yes. But you have to understand WHY are we even turning to robots. The answer to that question is TAXES & SOCIALISM! The bottom line is rather blunt. Any routine job that can be replaced by allowing the consumer […]
The rumors running around is that Turkey will default as Erdogan decides to move to align with Iran and Russia and leave the West behind. While there have been speculative attacks on the Turkish economy and US tariffs and sanctions have been detrimental, the initial causes of this growing monetary problem are really all internal. Erdogan’s management of […]
