The oil price to continues to unsettle markets and had a particularly heavy influence on European markets yesterday. US held in well but Asia looks to be turning over as we progress through the week. The ASX bounced (+0.7%) from yesterdays lows as the AUD played around unchanged levels (0.755), even as the NZD continued […]
QUESTION: Mr. Armstrong; I watched your movie the Forecaster with great interest. I then watched the Showtime interview of Putin by Oliver Stone. It suddenly struck me that he stated that U.S. intelligence agencies, interfered in the Russian 2000 election. That is why they blocked your movie from appearing in the United States when it was on TV […]
The research group, Just Facts, has released a study at post election polling from the 2008 elections that put Obama in the White House. The data has led to the conclusion that the number of noncitizens voting illegally in U.S. elections is far greater than previous estimates. The new number is 5.7 million illegal aliens voted based […]
QUESTION: Marty; Does Hillary still have her security clearance despite what she did? Is that true? ANSWER: Believe it or not, the answer is YES. However, the State Department has opened a formal inquiry into whether former Secretary of State Hillary Clinton and her aides mishandled classified information. Comey testified that she and her aides were […]
The continued decline in commodity prices and specifically energy (Libya and Nigeria back on track) weighted both on the A$ (-0.4%) and the ASX (-1.6%). Banks, Energy, Financials and Industrials were all under pressure as Asia moved almost in favour of China. China Blue Chips hit a 18 months high after the inclusion into the […]
People are just starting to grasp why deflation is also present in the USA. Despite all the screaming about Quantitative Easing, most remain confused why hyperinflation has not taken place. Most are Oblivious to the fact that there is a dynamic process involved that is a lot more complex than traditional economics teaches in school. Sorry, […]
Many people have written in about my observation that the left is always violent and where revolution typically emerges. The hatred of the leftist community for anyone who disagrees with them is astonishing to say the least. I have always believed in a simple motto: I leave you alone and you leave me alone and […]
The British Serious Fraud Office (SFO) has brought charges against Barclays and four former executives surrounding the Qatari investment during the 2008 financial crisis. You may remember at the time Lloyds and RBS were offered UK government support with certain strict conditions attached. However, Barclays declined the government’s offer and instead turned to Qatar which eventually became […]
With so much on the horizon we saw a mixed session out of Asia today. The one key topic all markets makers were looking at was whether China A-Shares would make the MSCI index have missed it for the past few years. Although it will bring added international attention, China’s recent efforts appear more focused […]
This has been the MOST HATED BULL MARKET in history. What is fascinating is how long this current bull market has been in play yet all we hear is how it is going to collapse like 1929 and fall to dust on the floor. I have been asked for interviews because they have been unable […]
