Amazingly, 71% of Democrats think Hillary Clinton should continue running for president if she is charged with a felony in connection with her private email use while serving as secretary of state. Exactly how does someone run the country from prison? Of course, those identifying themselves as Democrats are the over-50 generation, whereas the under-30 […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/06/Mining-Shares.mp4 COMMENT: Mr Armstrong; what do you think about mining shares? REPLY: I do not have the time to talk about every market and every move. We do have mining shares in the system. The computer is better than anyone could possibly be for there is too much to watch and there are too many personal […]
A mixed session out of Asia saw the Nikkei and Shanghai small lower whilst the Hang Seng managed a 0.4% rally. After Fridays surprise NFP release the JPY continued stronger, trading as low as 106.40. However, the big news overnight was about the shift in the upcoming BREXIT vote and the swing towards a possible vote […]
Janet Yellen’s remarks today confused the people who think the world turns on the Jobs numbers since they remain clueless with respect to the changing trend in employment. They do not take into consideration the technology shift, so they are still trying to trade from 20th-century concepts. Yellen gave an outlook of the U.S. economy […]
The debate shifted following the Jobs Report, and people now assume that the Fed will not raise rates. Hence, we have a bounce in gold and the euro. That makes no fundamental sense regarding gold since higher rates indicate inflation and lower rates warn of deflation. The real confusion has been that most only focus […]
COMMENT: MA, Someone said they sold the euro at 116 with a stop loss at 11705 and sold gold at 1305 with a stop above last year’s high. They earn a lot. But they not mention that your crude oil forecast is also correct! Feb 28, 2016 A daily closing above $33.60 on Monday will be a warning that […]
On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine the fate of, not just Britain, but Europe as a whole. This special “BREXIT” report answers many of the […]
Well, believe it or not, the younger generation is extremely socialistic. Just tell them they will get something for nothing and they are on board. I suppose this is what we get for telling them to pay for schooling and degrees that they cannot find a job with. n Switzerland, they pushed for an actual vote on […]
The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a desperate struggle against deflation. The Governing Council meeting in Vienna maintained the refinancing rate at zero and the deposit rate at -0.4 percent as a component of its […]
COMMENT #1: The current protests are not “The People against the State” and therefore it is not a revolution. It is the Left (CGT union and alike) against the Left (Presidency); it is a family affair like currently between Amber Heard and Johnny Depp. When these people rioted in my street, the REAL PEOPLE on […]
