By next year, the US will become the world’s largest oil producer thanks to the fracking boom. Perhaps the US outdid the current Primus Russia earlier this year, said International Energy Agency (IEA) chief Fatih Birol: “The growth of US shale oil is strong and the pace is very high – the US will soon […]
Having seen a record set for the NASDAQ and strong recovery in other core US markets, Asia opened the week on a positive note. The Hang Seng set the pace with an impressive +1.95% return with good performances from across the plain. We saw Energy, construction, banks and autos all helping to inspire confidence in […]
QUESTION: I was wondering some of your thoughts on “God” and “The Creator” throughout US history? Is “In God We Trust” really a statement that if our most basic rights such as speech are not licensed by a government, then they are natural and thus come from God? Thus cannot be denied through evidence otherwise? What are the […]
The movement within California to split the state between Republican v Democrat has passed the first hurdle in becoming the 51st State. The movement is called the New California. They read their own Declaration of Independence on the floor of the State Senate. Their position reflects the serious divide within this country of left v right. […]
QUESTION: Mr. Armstrong; I was talking to a friend who works in one of the banks you probably classify as the club. He knew you right off the bat. He said you have been probably the largest institutional advisor in the world. He said clients question the bank’s research and openly contrast it with yours. […]
QUESTION: I thank God that your are here in my lifetime. The information you freely impart is priceless and I can’t wait to read your daily Posts. I believe that it would be incredibly wise if President Trump were to invite you to replace Gary Cohen as his Chief Economic Advisor. My question is regarding the […]
QUESTION: Mr. Armstrong, I found in my grandmother’s belongings a penny from 1855 and one from 1857 which was much smaller and silver in appearance. Was there also a monetary reform that changed the coinage during the 1850s? PK ANSWER: Oh yes. But it is far more interesting than meets the eye. Foreign coins were […]
QUESTION: Dear Mr. Armstrong: Many times you were warning about CalPERS. What is your scope on 401k via employers, RothIRA, Simple IRA, and SEP that investing in at Vanguard or Fidelity? Should we continue to contribute? Will these types of retirement plans be in peril as CalPERS ? Can our government get involved in these plans? […]
QUESTION: Dear Mr. Armstrong, Firstly – sorry to hear about the passing of your mother. Secondly – thank you very much for reading and answering questions. My question – what is the significance of the six repetitions in the ECM? Six 8.6 years make a cycle and six of these make a larger cycle and […]
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