QUESTION: Mr. Armstrong; I really understand why the government wanted your model so bad. You have been the only one to correctly forecast the entire world. The emerging markets are cracking and the euro is falling apart. What is next in your timetable? ANSWER: We have been warning that the first to crack would be […]
The European Central Bank is instructing banks to restrict the conversion of Euros to dollars. The Euro has fallen to 113006. Once again, the dangerous game here is when we cross that line of demarcation between CONFIDENCE in government and the REALIZATION that there is nobody in control but the free markets. Once all the talk […]
QUESTION: It is clear our government seems to be going crazy. I know you use to live here in Sydney. We met many times when you did conferences here. I also know you once said you would like to retire in Australia. Has that changed? Paul ANSWER: Well, my dreams of retirement have not been […]
Some people have written in and asked why we have issued a report that shows how and when China will displace the USA and the West as the Financial Capital of the world. Let me explain some interesting facts. If we look at the top ten cities for tourism, you will find that the half […]
The German central bank, the Bundesbank, has significantly expanded its ability to control and access cash transactions in the hunt for taxes. They have required statements and assurances from cash-demanding commercial banks for the purpose of the intended business requiring cash. The Bundesbank has declined to comment on the new policy. The Federal Association of German Banks […]
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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 […]
