While the government is using the global warming theory to raise taxes, the real danger is global cooling. The significance of being unprepared means that we will face a rising threat of a food shortage in the years ahead. This is the real danger of global cooling. It does appear that we are looking at […]
Yet another rather uneventful session made even worse by the fact that Japan had a national holiday. Early trading in the Shanghai tended to follow the weak US sentiment but despite flipping in both directions, eventually closed down but above the psychological 3k level. Hang Seng performed well and it could be said took a […]
There has been a major leak of a list of “suspected” people who maybe criminals with links to profiles individuals and businesses suspected of ties to organised crime and terrorism. This leak online has serious implications and was the result of a list which emerged from a Thomson-Reuters who has engaged in a due diligence claimed service […]
The elections are just insane. There is not much of a choice and nobody who really knows anything about anything is willing to stand for election. Those with experience will take a cabinet job for the sole perk of being able to sell their stock all tax-free and then resign in two years. Not bad. […]
QUESTION: Mr. Armstrong; You said other nations would follow Britain. It appears that Italy is doing so with their referendum. Is this correct? You are very famous in Germany by the way. Thank you. KG ANSWER: Yes. Prime Minister Matteo Renzi has said that a victory in the poll would end Italy’s questionable political system which […]
A weaker opening for the Nikkei was off-set by better than expect economic data (Machine Orders) by lunchtime. The majority of the afternoon trading was in the positive but eventually closed small down. Many are concerned that the JPY may attempt a summer break of the 100 level which has the tendency to weigh […]
QUESTION: Mr. Armstrong; People are adamant that there is a move to return to the gold standard. They claim various scenarios. Is there any such plot by the IMF and it seems strange that the ECB gold reserves are minimal. Can you explain the truth in this matter? Thank you GS ANSWER: The IMF has […]
There are so many incidents with the refugee crisis in Europe that the blog could be filled with that subject alone. Even the press in Germany is starting to shift after countless incidents from knife attacks to a gang beating and robbing British tourists in the same square in Cologne, Germany. Not to mention the media’s […]
