PRIVATE BLOG – Gold reached $1415.40 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
COMMENT: Mr. Armstrong; I am a Muslim and I have just read you War Cycle report from 2015 where you provide your forecast for this crisis we are cascading into. You historical analysis is fair and honest. Most people have no idea of the history of the region no less the divisions in Islam. Your […]
QUESTION: Mr. Armstrong; you are the only person who forecasts gold without bias. How will gold respond to the war rattling with Iran? PD ANSWER: They will always paint gold as the a never ending bull market in the face of war. Perhaps us old-time traders learned the hard way – buy the rumor but […]
Draghi has come out and said that is inflation will not pick up, he will do even more Quantitative Easing. I warned that the central banks, particularly the ECB, are trapped. They simply cannot return to any normal economic model without blowing up the entire Eurozone. This is becoming extremely serious. The only option for […]
ASIA / AUSTRALIA: North Korean leader Kim Jong Un will hold talks with Chinese President Xi. President Xi arrived in North Korea’s capital, Pyongyang, in the first state visit in 14 years. The main topics reportedly will be nuclear armaments and trade. Interesting timing given both are in the midst of US negotiations in way […]
I have finished an important book which is just going off to press now for printing. This is an important work on how the central banks are trapped and how the manipulations of the World Economy are collapsing in upon themselves. The major central banks are now shifting policy from protecting the people and […]
The news of Iran downing a US drone was circulating in the Middle East before it hit the news wires. It was actually shot down at 7:35 pm New York time on Wednesday night, giving time for the pop in gold. The U.S. Central Command leaders said the attack was “unprovoked” and it took place […]
PRIVATE BLOG – Gold & The Pop to 1397 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
QUESTION: I am confused. Is it true that only the Federal Reserve can create money and not the Treasury? HB ANSWER: It all depends upon your definition of money. If you are asking about paper currency, then the answer is yes. If you are speaking of “elastic money,” which really is just book-entries, then that is […]
QUESTION: Central banks around the world are currently purchasing equities. If they continue to purchase equities, will we ever have a significant market downturn again? What happens when central banks acquire enough shares to control corporations? PE ANSWER: Yes. The central banks have been buying equities to try to diversify their balance sheets as they […]
