The Nikkei strength was the exception in Asia today, as all other core markets closed lower on the day. The Japanese index benefitted from the weakness of the Yen, which at one stage looked as though it may challenge the 111 handle. Even this evening in US trading it remains vulnerable as the safety bid […]
The EU migration chief, Dimitris Avramopoulos, has demonstrated that politicians are just so out of touch with reality they are securing their own demise. Avramopoulos has made a speech that Europe is set to absorb massive waves of migration “for the decades to come” and that the EU will “never become a fortress” building walls to keep people […]
Naturally, the majority had to be wrong that the dollar was in this inevitable bear market. These prognostications were typically those who kept cheering gold higher and ignore everything else on the silver plate of politics. The implications of the Italian elections have been ignored by so many. They were a major blow against the European Union […]
It is amazing to me how, outside of physics, the world remains ignorant to the cycles that control absolutely everything right down to the cycle of life. Ebola, like everything else, conforms to cycles. Now another outbreak has just blinked in the Congo where there have been two confirmed cases after a resurgence nearly 10 months from the […]
QUESTION: Your chart on the Roman money supply shows a huge spike going into 87BC. Was that just because of the Social War? GS ANSWER: No. During the autumn of 88 BC, there was a massacre of more than 80,000 unsuspecting Roman civilians which took place in Anatolia (western Turkey). The victims were Roman and Italian merchants, […]
COMMENT: Hello. I know that although the current level of Socrates is not designed for day trading, but as a professional daytrader even this level is still amazing for that. I simply plot out the numbers that Socrates gives (made an important high at X, resistance forming at Z, etc.) for all three of the major […]
The turn in energy prices and the rise in bond yields has started to affect global equity markets once again. In yesterdays US trading, treasuries opened weaker and just kept nudging higher. US Tens hit 3.095% which will also apply indirect pressure on Europe and EM bonds. The question is, was this the reason we […]
In California, the DNA of every baby born is being stored by the state. The real question is WHY? Then comes the next question: Who has access? Once that data is stored, any law enforcement agency can get its hands on it. What people do not know is that taking DNA of ANYONE in your […]
QUESTION: Hi there Mr. Armstrong In attempting to synthesize some of your past comments, I wonder if it is accurate to conclude that rate hikes are the lesser of two evils between collapsing pension funds and higher debt servicing costs? If so, the implication is that budgets don’t matter, since it appears you can add another […]
It really is stunning how politicians in Europe are so disconnected with the people. The press bashes those in Britain who are against “refugee” immigration from the Middle East as RACISTS, despite the fact that they are of all races and Islam is not a race, it is a religion. It is amazing how they throw that […]
