CRITICISM: The Computer has no bias or imput? Which is impossible: a computer needs information or facts to make decisions. Unfortunately, ‘facts’ are often skewed by humans for personal or political purposes. Saying such, however, is to your advantage. If the computer is wrong, you are guiltless. If correct, you benefit as the creator of the […]
We knew what to expect from the Nikkei cash this morning after we heard remarks late Friday and Saturday from all at Jackson Hole. On Saturday it was BOJ Governor Haruhiko Kuroda who said he would approve further monetary stimulus without hesitation! Having seen the Nikkei futures up 1% and the JPY weaken by 1% this […]
QUESTION: Marty; Since you wrote that central banks have been net sellers of US Treasuries for the first six months to support their currencies, others are jumping on board and are claiming nobody wants them so buy gold. Would you care to elaborate on this subject? It seems another desperate attempt by the hyperinflationists. Thank […]
The new SEC rule on money market funds takes effect October 17, 2016. There is never a crisis that simply passes. Such events always lead to more regulation even when those creating the rules are clueless about what they are regulating. The 2007-2009 crisis did more that wipe out Lehman Brothers and Bear Stearns than anything […]
Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. This is why the Yellen is not so eager to move to negative rates and has continued to take the view that rates must be normalized (raised). That is far more […]
A number of people have been asking what will be on the tablets we are handing out to attendees for this year’s World Economic Conference in Orlando. We are providing important tools in addition to some video. Among the tools will be our date converter. This will create the proprietary date structure we use in the […]
I have warned that when I am traveling these days, the question always posed is – “How much cash do you have?” Even traveling to Warsaw, there are big signs saying you may not have more than €10,000 in “value” on your person. In Italy, if it looks like you have a lot of jewelry, they […]
QUESTION: Mr. Armstrong; Does Hillary have health issues? This is the hot rumor that we do not know what is true of not. Do you have any information on this topic? Thank you KJ ANSWER: No I do not have any direct confirmation. I know this is the big rumor and there is probably something […]
The fast food chain Domino’s has delivered the first deliveries of the world a pizza by drone. The test flight took place in New Zealand on Thursday. Later this year Domino’s will launch a field trial in New Zealand. Europe will be a problem for Domino’s Pizza to deliver from the air. The obstacles regulating the air […]
For those who would like to review the actual text of the new regulation, here it is. savings-arrangements-final-rule
