European Union leader Ursula von der Leyen has proposed a zero-for-zero-tariff deal with the United States after the EU was hit with a 25% tariff on steel and aluminum, followed by another 20% levy. The 27-nation bloc will be unable to agree on this proposal, especially since Donald Trump declared that a zero-for-zero deal is […]
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ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 1,876.00 points or 6.03% to 33,012.58 • Shanghai increased 48.97 points or 1.58% to 3,145.55 • Hang Seng increased 299.38 points or 1.51% to 20,127.68 • ASX 200 increased 166.70 points or 2.27% to 7,510.00 • SENSEX increased 1,089.18 points […]
COMMENT: Mr. Armstrong, you are way too modest. You are the only one who forecast this event to the very day of the low, as you have done so many times in the past. They do not know that we worked to get you here in DC at a dinner for Trump, and you cancelled, […]
Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve would have more of a reason to slash interest rates—Trump’s longstanding desire. Trump has stated that the markets are undergoing an “operation” of sorts, but I would not […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/11/Barclay-Goldman.mp4 PART II QUESTION: Is he breaking the London metals dealers’ hold to suppress the gold price? FD ANSWER: I am tired hearing the same constant bullshit about gold is suppress intentionally by dealers and that is why it is not $10,000. I have traded against these people for years. Here is a clip from […]
James Garrison served in the U.S. Army Air Forces during World War II, joining the year before the Japanese attack on Pearl Harbor. Jim Garrison’s military career trained him as a pilot and was assigned to the 8th Air Force in Europe. He flew reconnaissance missions over Nazi-occupied territories, contributing to intelligence-gathering efforts. His role involved photographing […]
COMMENT: My hats off to you if your call for today’s low holds for a few weeks and/or for the year. I would have thought a retracement to the 62-fibo would have been more likely. Thank you. SH REPLY: As I said on the private blog, back in 1987, I could not find any technical support […]
QUESTION: Mr. Armstrong, when you were here in New Zealand, you talked about how earthquakes clustered. Is this happening again? YD ANSWER: Oh yes. It’s been a while. Precisely. Here is a list of the top 20 earthquakes, and you will see a cluster of closely related quakes. The Pacific Ring of Fire is very […]
QUESTION: Mr. Armstrong, you have said that we have lost manufacturing because of taxes rather than tariffs. I believe you also said that a trade deficit is not a bad thing under your capital flow analysis. Can you please explain this? The press seems to say the opposite, but they are political fake news. Thank […]
