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COMMENT: Interestingly enough, in Switzerland the -in majority- leftish and Pro-EU government has been trying to push Switzerland into EU for years as you’re aware of. Now the SVP is fighting against a new international contract, called “institutional agreement” which would give (amongst others) the EUGH the Supremacy Clause over Switzerland – end of Swiss direct […]
According to the new draft law proposal, all persons who enter the US will have to declare their holdings in crypto currencies with a value over 10,000 dollars. This is the case with larger quantities of cash or precious metals. Naturally, they are calling this money laundering and possible funding of terrorism. It’s really about taxes. I […]
QUESTION: You seem to have given up hope on Trump getting his agenda through Congress. Do you agree that the Trump presidency is a failure? BV ANSWER: There is no question that the powers that be are out to stop Trump at all costs. They are indeed winning. But Trump is his own worst enemy. […]
Our models seem to be right on target for the escalation of military threats from North Korea. We gave our two targets for the opening of this window for a conflict on our war model with North Korea to watch were August 12/13, 2017 and September 11/12, 2017. We must be on guard for this […]
When a major market contributor is away the markets are always quiet but today with the UK off, there really was very little action anywhere. China continued its constructive roll with the main Shanghai adding an additional 1%; with the Hang Seng little changed. Australia suffered a touch (-0.6%) with the decline of financials. SENSEX […]
All we have been hearing since 2011 is how the stock market is going to crash and then there will be hyperinflation and all sorts of strange relationships that never materialize. They simply focus on the level of the stock market in nominal terms without adjusting it for inflation or showing how it has performed […]
COMMENT: Robert E. Lee, before the outbreak of the war, was overwhelmingly regarded as the finest military mind in the U.S. army. Winfield Scott offered him command of all Union forces at the outbreak of hostilities. But he chose allegiance to his state of Virginia, rather than the Federal government. He didn’t fight for slavery. He […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/08/Forecasting-the-world.mp4 It is becoming painfully obvious that the amount of sheer theft of our forecasts right down to names of publications is escalating unbelievably. I personally fear that these charlatans are only looking to exploit people and could care less what is really at stake. From outright just stealing our track record and claiming […]
