Erdogan has his boys dressed in suits burning only a handful of US ONE DOLLAR bills as a nice propaganda piece. In truth, the Turkish people have been hoarding Dollars and Euros because they have lost all faith in their own currency. It is nice that Erdogan has a few people burning less than $100 for […]
PRIVATE BOG – Dow Jones Industrials for the Week of August 20th, 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/
QUESTION: Mr. Armstrong, It seems that the conservatives have split into two parties here. It is the same nonsense that they pulled to overthrow Margaret Thatcher. I really do not understand why they think we have to be part of the EU which is so obviously a sinking ship. As we always said here, when […]
There are three distinct types of inflation – Demand, Asset & Currency. The major type of inflation that everyone assumes is DEMAND. This unfolds when there is actually an economic boom and people have confidence in the economy. Asset Inflation is when there is no real demand from the consumer but the asset values rise […]
Erdogan refuses to release the American “Pastor Brunson” and instead he is turning to everyone else offering now to open direct investment in Turkey. This is not simply about Brunson. Erdogan has refused to comply with the USA measures against Iran and has stated it will continue to import Iranian oil. Erdogan has NEVER been […]
PRIVATE BOG – Dow Jones Industrials for the Close of August 17th, 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/
Although we saw some small relief bounces in Asia, there are still many questions left unanswered. The Nikkei managed a 0.35% recovery, which was pretty much where it [played all day. The Yen is still acting as a store for safety and in late US trading we see it edging in the low 110’s, possibly […]
The key to understanding Turkey is really simple – Erdogan has lost the confidence of his people and the world. The free-fall in the Turkish lira should be no surprise. After years of rampant dollar borrowing, running large current account deficits due to having to import military hardware combined with the lack of domestic oil production, throw in an […]
QUESTION: Hi Mr. Armstrong, Thank you for the daily blogs on world events with an independent analysis that makes sense. I find them better than investment bank reports that just make up the pages. Could you please elaborate on what happens to properties when the monetary reset comes? If people lose confidence in fiat money […]
California has joined the states with not just the highest taxes in America, but it has become one of those states that people are just leaving resulting i9n a net outward-migration. There is a logical consequence when a state becomes a place people are trying to flee from – real estate MUST decline in value. […]
