Bob Woodard, the journalist who broke the Watergate scandal that forced Nixon to resign, has come out to say that Hillary’s Clinton Foundation is “corrupt” and “a scandal.” Hillary said she will continue the Clinton Foundation if president, meaning she would continue taking money from foreign governments, no doubt. While the IRS documents show Hillary took in […]
Over 17,000 asylum seekers in Germany have filed lawsuits, clogging the courts, that are aimed at getting their families to join them in Germany. This is the same strategy that people were screaming about in the United States where families would first send their children to the States and then seek to be reunited. Under the […]
Having rejected the 17k level in the Nikkei we witnessed a powerful opening which never looked back. Complementing the surge was a weak JPY which very much looked as though it could have a 105 handle at one stage. Given the renewed currency weakness it was exporters that led the way with Panasonic, Mitsui Mining […]
QUESTION: Mr. Armstrong; You have said that the only way to reverse the deflation is to raise interest rates not lower them. I understand that the low rates only reduce the cost of funds for banks, but it hallows-out savings and pensions. Has anyone listened to you and tried the opposite trend to raise interest […]
QUESTION: I am beginning to see the light. It seems as though when gold rallies strong, the sentiment is reflected in these gold promoters. Then gold drops and they preach the same thing again. This leads them to buy every high and in fact they are merely cheering the news and are not analysts at all. […]
A healthy start to the final full week of October with promising data aiding markets globally. In Japan we saw better than expected September Exports (6.9% against a forecasted 10.4%) lifted the Nikkei in afternoon trade to close up 0.3% on the day. This was also supported by the October PMI which came in at […]
Our model does not factor in astronomy, astrology, nor religious prophecies. We did not select the date for the World Economic Conference to align with the biggest Supermoon for the 21st century on November 14th with the other two events being October 16 and December 14. This is when the moon becomes full on the […]
The US government says it ran a $US587 billion budget deficit for the fiscal year, which was a 34% increase over last year. Deficits have simply become a standard way of life for Western governments as a whole. They see no problem with borrow more each year when they have absolutely no intention of ever paying […]
