Believe it or not, the town of Westminster in Massachusetts arrests people for failing to renew a dog license. The municipality issued an arrest warrant for Brian Vincent for not renewing his dog license. The town officials do not deny using the criminal procedure to collect fees. They claim that all proper procedures were followed when handling the […]
COUNTERPARTY RISK QUESTION: In regard to counterparty risk when purchasing exchange traded funds or notes: With European banks being under capitalised due to the excessive risk undertaken due to the EU regulations regarding bailouts, how can we measure the threat of each counterparty which has backed each ETF. Would it be safer to consider only ETFs with US counterparties, […]
Currency tended to have more of an effect today in Asian trading, well certainly for Japan anyway! The Yen played between low and higher end of 111, edging lower into the close of the session as earnings failed to match expectation. Late in the US trading day, the Yen was flirting with a 110 handle […]
The British government is also going completely nuts with criminal charges for nonsense. British prosecutors charged a woman for calling a man a “pussy”. Then there is the case of a businessman who was charged with a hate crime for saying to a transgender man presenting himself as a woman – “all right geezer.” He alleged […]
QUESTION: Mr. Armstrong; I read your Maya Report and found it fascinating how volcanic eruptions in the ocean are polarized to where the North Pole is at that time. Now we have people trying to claim that the heat from global warming is being hidden stored deep in the oceans. It seems once more these […]
Another dormant volcano has suddenly awakened erupting in a rather spectacular fashion, spewing lava for the first time in known history. It sent an ash cloud 2.1 kilometers into the sky. This ancient volcano on Kadovar Island, which is northeast of Papua New Guinea, has been dormant throughout human history until January 5th, 2018. It began […]
A mixed trend within Asian trading as the Nikkei, ASX and SENSEX whilst gains were registered in the Hang Seng and Shanghai. That said, volumes were light but the negative trend was supported by the positive move in the Japanese Yen. The currency traded back to the low 111’s as speculation that the BOJ removing […]
QUESTION: Mr. Armstrong; You may be called the legend because of your forecasts on so many levels, but it might also be because you have met with more governments than probably any economist or analyst. My question is simple. From your experience, do you believe you can prevent the economic carnage that is becoming […]
Last year, the snow appeared in Spain wiping out the crops and causing rationing of vegetables. This year the snow went down even further and crossed into Algeria covering the desert. So while the Global Warming people are desperate to explain weather as caused by humans, we are ignoring the cycle of the sun which […]
QUESTION: It is crazy hot here in Sydney the exact opposite of the extreme cold in the north. Is there an explanation at all for this? ANSWER: Most people do not realize that the climate is actually “polar opposites” so historically when the North is dry, the South is wet or when the North is very cold […]
