It was all too weary early this morning with Asian markets collapsing as oil prices hit session lows of $29.25 (WTI) and the Shanghai Index closed down 6.4%. News intraday that the PBOC had conducted its biggest daily open market … →
QUESTION: Mr. Armstrong; I have not read anywhere else how the money created by the Fed you call elastic will evaporate when the bonds they bought mature. You seem to do much more in-depth research than anyone else who just … →
The Australian government has now ordered the sale of residential properties bought in breach of foreign ownership laws. The anti-foreign investor property laws reflect the very high Marxist influence in Australia. The general perception was that offshore buyers were driving housing … →
Aerial view of a makeshift camp as containers (rear) are put into place to house several hundred migrants living in what is known as the “Jungle”, a squalid sprawling camp in Calais, northern France, January 17, 2016. REUTERS/Pascal Rossignol
Hillary will not release transcripts of her speeches at Goldman Sachs for which she was paid $675,000. The New York Times has reported that she has racked up $30 million in speaking fees in just 16 months. However, the total … →
Asia’s response to the late U.S. rally in stocks was to play catch-up this morning with all core indices closing up around 1% (roughly where they opened). The ASX followed the surge in oil prices with a gain of almost … →
Can you image how much snow we would get without global warming? They want to tax us to make more of this stuff? I will pay more not to dig myself out.
Advice for Europeans: you should open an account in the United States as your hedge against European banking madness. Europeans can still open accounts in the USA, but Americans cannot open accounts in Europe. This should be the best bet … →
QUESTION: Hi Martin, How long has the central banking era been going and will it come to an end? How many central banks create liquidity for governments by buying their bonds? Cheers SL ANSWER: I understand that central banks have been … →
I have warned that government expansion reduces economic growth and acts like a black hole that sucks in more and more wealth, thereby reducing economic expansion. If the government keeps growing, ultimately we will end up with 100% government consumption or … →
