The Nikkei continued its march despite the weakness seen in other Asian markets as currency continues to be the counterbalance. In late morning trade we did see a retracement back towards unchanged level but that was short-lived and as soon as the afternoon session resumed trading the buyers lifted it again and we closed […]
Energy prices were hit quite quickly after a significant bounce upon the EIA news and that played out overnight in Asia. Energy stocks dragged the Hang Seng lower again today with the index closing down around 0.8% on the day. In Japan BOJ governor, Kuroda, said that he would not be surprised if long term […]
Did something happen on the October 28th, 2016 turning point? Just maybe what clicked yesterday was the tipping point against government. The Bundys, who were the armed antigovernment protesters led by Ammon and Ryan Bundy, were acquitted precisely going into the 28th of federal conspiracy and weapons charges. Since the Federal government’s abuse of “conspiracy” where they […]
The markets are coiling and do not know what to make of all the scandals being released. A Reuters polls shows that 70% of Republicans believe the election will be rigged. This is what the computer has been projecting that 2015.75 was the peak in government. Trump has risen to the top not for any […]
In a 2011 memo, an aide to Bill Clinton laid out the unethical relationship between the Clinton Foundation and Bill’s sudden wealth. Bill’s personal interests were linked as was Hillary selling influence. The memo details how some foundation donors paid Clinton to speak and provide consulting services. Hillary has said that the Foundation will continue to operate when […]
The U.S. polls are clearly being rigged just as they were for BREXIT. Here is a Podesta email revealing how it is done. They take samples from specific regions and markets and pretend it is the national poll. They then feed this information to the media to create what they hope will be a discouraging […]
The Italian Prime Minister is calling for immediate help with the refugees. The EU refugee crisis is becoming a huge nightmare and Brussels refuses to simply admit it has made a bad decision. Italy is overwhelmed by the influx of refugees and is now calling for a fresh review. Italy cannot cope with a similar number of […]
QUESTION: Mr. Armstrong: I hope you are well. I ask you: 1. What were the contributions to the economy and international trade, of the great bankers of the modern history, such as, Medici, Fugger, Welser, Berenberg, Rothschild and Morgan? I look forward to hearing from you as soon as possible. Sincerely, J.E.M.V. ANSWER:The contribution was […]
Merkel wants to regulate real estate loans in Germany. The Federal Government is planning to implement extensive regulations on real estate loans. Among other things, debtors will be required under certain circumstances to repay their loans within a given period. The Federal Government said on Monday that the draft law should be followed by recommendations […]
Yes, the Hang Seng lost 1% and Shanghai was lower by 0.5% but the volatility was in the Nikkei that managed to reverse the opening trend with a healthy bounce. Many traders tell us they feel something is hovering in the wings and are therefore taking very few overnight positions! However, the day was generally […]
