QUESTION: Aloha Martin, Can you please comment about the new Sharia gold standard. It is being touted as allowing Muslims to more gold vehicles besides owning the usual physical coins and jewelry thus increasing the demand. I understand it as long as the paper is backed by physical is is allowed. I remember you commenting on […]
Yesterdays strong US close encouraged a positive performance for Asia with even Asian dealers questioning whether the DOW is close 2016 over the psychological 20k level. This positive momentum certainly helped sentiment in todays market with the Shanghai index closing up 1.15%. Currency is having a large impact on equity markets as the US Dollar […]
Chicago is where they dragged a man out of his car and beat him because he voted for Trump. Well, what’s going on at Hampshire certainly also gives us some pause. According to reliable sources there are some really serious issues brewing at this college. A group of Hampshire students took down the American flag on […]
The Scandinavian countries Sweden, Denmark and Norway are regarded as a pioneer in the the effort to eliminate money and move totally electronic. Denmark closed its final Mint outsourced the operation to Finland. This means that there is no coinage in the three states struck anymore. In this war on cash, about 20% of all transactions were […]
Ben Swann is not a national TV journalist, but he is making a name for himself on his Atlanta, Georgia, station by going against the mainstream media. Here is Swann’s piece on the five problems with the Democrats’ claims that Russia hacked the DNC files and gave them to Wikileaks. Wikileaks outright denied this claim […]
Clinton’s fallout is interestingly causing an internal revolution among Hillary’s big donors. At her New York bash to “thank” her big donors of $1 million or more, she took no blame and pointed the finger at Comey and Putin. Her spin did not work and she has lost a lot of credibility according to confidential […]
The BOJ held rates unchanged in an extremely quiet market until the final hour rally. Eventually, the Nikkei closed up +0.55% even as the currency meandered around the 117 handle for the majority of the day. In late US trading we ventured back above 118 as futures added an additional +0.5%. Shanghai and the Hang […]
French judges found Ms Lagarde guilty of negligence for failing to challenge the state arbitration payout to the friend of former French President Nicolas Sarkozy. But of course, following a week-long trial in Paris, Largarde was not given any sentence and will not be punished. The benefits of being of the elite class.
QUESTION #1: Dear Mr Armstrong, you recently wrote that if you are in any bond fund, better get out. Do you also mean corporate short-term/medium-term bonds or are those expected to rise when people realise government debt is the real bubble ? Kind regards. WL. QUESTION #2: Mr. Armstrong- I enjoyed my first WEC immensely! In […]
COMMENT: Mr. Armstrong; I am fairly new to your blog. I was told by two friends that you said not just that Trump would win and Brexit, but that the stock market would breakout to new highs and gold would decline for more than the last two years. I followed most of the big names […]
