The financial services industry is undergoing its greatest upheaval perhaps in more than 35 years because the government came up with a brilliant new idea to pretend there is a crisis that they need to step in to save you. I have warned that there has been talk about taking over 401K funds which are […]
At the state level, governments vary overall, but for the most part, they are nowhere near as corrupt as the Federal government and its court system. Pennsylvania Attorney General Kathleen Kane now faces up to seven years in prison after being convicted of perjury in a politically charged trial on 9 counts of leaking grand […]
Is a the European bank rally sustainable? European banks continue to rally marginally following the release of the European Bank Authority stress test. However, risks remain with a referendum to be held in Italy proposing to redesign their election process putting any Italian bank restructuring at risk. The EU banking committee proudly announced positive stress […]
The strength of the JPY had a large impact on the Nikkei today’s and as it broke par then the Nikkei was hit closing down around -1.7% in all. Exporters are always hit when the currency strengthens and it is not clear which is leading which just yet. Both the Shanghai and Hang Seng were a little […]
COMMENT: Marty; When they locked you up I read it somewhere that you were the man who knew too much. Your latest piece “Why the Republican Neoconservatives Really Support Hillary” could not have been written by someone from the outside looking in. Why do you not advise Trump? REPLY: They would twist my stand against […]
Once again, the office of Inspector General has come up with a huge hole in the Department of Defense with a missing $6.5 trillion. The day before 911, Rumsfeld admitted there was back then $2.3 trillion missing from the Defense Department budget. That has now grown to $6.5 trillion and counting. They have reported that […]
Hillary has unquestionably been open for business. All the financial scandals of the Clintons belong to her from Travelgate forward. This latest batch of emails shows that donating to the Clinton Foundation was the means to get access to the Secretary of State. This is really unprecedented. The Hillary White House is going to be party […]
Marginally disappointing as far as Japan is concerned, but having just seen Q2 GDP at zero (against estimation of +0.2%) already called down from the 0.5% seen in Q1, it was no surprise the market was torn today. The strength of both the Shanghai and Hang Seng lifted sentiment more than prices which certainly gave […]
QUESTION: Mr. Armstrong; You have stated that August is the season of war. Can you explain a bit more than just that. I am sure you have before. But I am new to the blog. Thank you for opening my mind ND ANSWER: The majority of wars have begun in the spring and summer with August […]
