QUESTION: Sir, In March 2013 Cyprus performed a forced loan through their banking system of about 50%. You have warned that if they do it there, they will do it here. Are trading accounts safe? Respectfully DK ANSWER: The Cyprus event was instigated by Germany’s fixation with its hyperinflation and thus they are fighting […]
The issue of credit default swaps (CDS) in 2017 is running at twice that of last year reflecting rising concerns of another coming crash. The number of hedge funds and banks dealing with highly sensitive credit derivatives has reached almost $30 billion in 2017 up from only about $ 15 billion in 2016 and just […]
Asia benefited from the afternoon bounce in the US markets, with all core performing across the board. The Hang Seng probably saw large cap’s perform on the back of a further gains made in the Yuan’s appreciation. Shanghai finished small down but again in extremely light summer volume. The Nikkei regained much of yesterdays loss […]
Kim Jung-un watches his launch, but on the screen you will notice charts of markets. He is clearly trying to disrupt the financial markets with the launching missiles. Is North Korea playing inside-trading with secret proxy accounts? You really cannot tell which markets he is following. It appears the left three are dropping and the […]
QUESTION: Mr. Armstrong; I find it fascinating that your computer projected August as the turning point this year and the week of 09/04. I suppose that could be a set up for the August being a high close and a crash begins in September as it seems always to unfold be it 1929, 1987, 0r […]
The Germany has posted a stunning 4.3% rise in tax revenues during the first half of 2017. I have warned that while the ECB keeps buying government bonds to “stimulate” the economy, they keep trying to sterize the expansion by raising taxes and hunting people for taxes. They do not seem to grasp that injecting […]
QUESTION: Dear Martin, I have been following your blog for years now. I am not a trader or financial person in any sense of the word but I take a keen interest in the economy and try to keep myself educated re current science theories for my own interest. I love your blog and your […]
Back to geopolitical risks again today after North Korea spooked markets with yet more missile test, but this time flying over Japan. All Asia markets were hit as a result of this, with a rush into safe-haven assets such as gold, oil and treasuries. Interesting that oil traded heavy even as the news hit the […]
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COMMENT: Interestingly enough, in Switzerland the -in majority- leftish and Pro-EU government has been trying to push Switzerland into EU for years as you’re aware of. Now the SVP is fighting against a new international contract, called “institutional agreement” which would give (amongst others) the EUGH the Supremacy Clause over Switzerland – end of Swiss direct […]
