PRIVATE BLOG – The Dow & the Turkey Crisis 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/
PRIVATE BLOG – Turkey Crisis Broadens to Europe & Euro 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 Euro has continued to fall dropping at the time of this post to 11343. The bottom of this channel lies at the 11315 area and behind the curtain, our phone is in meltdown mode. After’s Italy warning that the ECB has to keep QE going or the entire bond market will collapse forcing the […]
It was good to see a healthy 2.28% bounce in the Nikkei today, especially after yesterdays 2% decline. Unfortunately, some of this was at the expense of the currency as the Yen lost 0.5% back to a 111 handle. The currency drop helped exporters recover some of yesterdays losses, but there is still plenty of […]
QUESTION: Do you have any more Roman coins you will offer for Christmas? I would really like to buy a few to give to my grandchildren. WJ ANSWER: Yes. I have several hoards I will make available some that I bought probably back in the 1970s. There are no major quantities. Generally less […]
QUESTION: Mr. Armstrong; I do not understand your statement that even when coins were silver and gold, they were still a form of fiat money. Could you explain that please? BB ANSWER: The evidence that supports that statement is abundant. We find coins of the immediate financial capital be it Greece or Rome, were IMITATED […]
Italy has called on the ECB to guarantee the bond yields warning that if they END quantitative easing the Eurozone will break apart. On this score, they are not wrong. The economic spokesman for the Italian governing party Lega has warned of a collapse of the Eurozone. The ECB should ensure that the yield spreads of government bonds […]
Asia suffered from the Friday hangover with most core indices falling over -1.5%. All eyes and ears continued to focus on Turkey again today and especially seeing the Lira opened with a 7 handle. It has been scrambling to recover opening losses and did manage a 6.45 print early European trading, but has been struggling […]
Senate Democrats are circulating a proposal based upon their claim of Russian hacking that will completely takeover the internet and social media which has been leaked. They are adopting the EU approach to silence political criticism. They claim it is necessary, just as the EU argued, that they must act to prevent Russian hackers and “restore” […]
Trump really needs to clean house when it comes to the judicial system. It is just totally out of control and they have long held themselves above the law. The majority of judges outright deny human rights in America, civil rights, and ignore the Constitution when it suits them. Trump needs to do what they […]
