The European Central Bank (ECB) announced it will decide in the coming months whether monetary policy should be eased any further. Clearly, Draghi is completely losing control for he cannot entertain the remote possibility that negative interest rates will only cause hoarding and capital flight, and not stimulation. People only borrow when they see an […]
QUESTION: Marty; I see these people ranting about Trump and how outraged they are. They seem to have no problem with the outrageous amount of lies Hillary has carried out or the fact that the bankers only donated to Hillary. They seem to be mindless and beyond rational claiming he is proposing that we build a wall […]
Visiting the Jail Cell Where Socrates Died COMMENT: Mr. Armstrong, Just spent the night in the ER with one of my kids. Waited hours for the results of the CT head scan. Thankfully, my daughter is fine. Had lots of time to think though. I have been following your blog for years, although I am […]
QUESTION: Mr. Armstrong; Comey kept you in prison without any charges under the pretense of contempt. Then he supported a lifetime gag order on you to prevent you from ever helping the Japanese against HSBC, which is notorious for laundering money. Well Comey was also a board member of HSBC whose clients also contributed more […]
The US Department of Justice has arrested Mark Johnson, who was the global head of foreign exchange trading at HSBC, and a former colleague, Stuart Scott. The two traders were accused by the US government of using inside information to profit from a $3.5bn currency deal. Of course, inside trading only is a crime in […]
Japan finally saw a down day (-0.25%) that could be allocated to the individual performance of Nintendo shares, which declined over 12% today due to the delayed launch of the “Pokemon Go” app in Japan! However, the Hang Seng did return a nearly 1% gain today with Shanghai having a small loss, which was a […]
The deliberate killing of police in Baton Rouge, Louisiana has been the subject of much propaganda. President Obama did not address what is obvious to everyone and tried to cover up the root cause behind this new wave of violence. “There is no justification for violence against law enforcement. None.” Obama said. “These attacks are the […]
QUESTION: Mr. Armstrong; You have been warning that we are in an upward trend now for civil unrest which includes coups to revolutions as distinguished from a foreign war or invader. At the Berlin cocktail party last year you said Turkey was a risk for the risk in civil war. You said it should begin […]
QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy is threatening the entire banking system of Europe? ANSWER: The bail-in policy of the IMF and ECB was directed at the idea that the rich would pay, […]
Everyone knows these people just read whatever they are handed from the teleprompter. Trump himself has been more rouge when it comes to that. It seems that the Republicans took their shot and tried to make his wife look really bad by handing her a script that was obviously plagiarized from a speech Michelle Obama […]
