Market Talk – December 9, 2015

December 10, 2015

Hardly a day to write about with Asian equities not really showing any indications of a direction, let alone a story, for the day. All core indices closed +/- 0.5%; even to fabricate a rumour would constitute just that — a fabrication! … Continue reading

Euro Rally

December 10, 2015

QUESTION: Marty, I believe you said if the Euro closes below 10365 for the year then everything would fall apart. If it closed above 105, then the decline can be more prolonged. What is the bullish level to reverse the … Continue reading

Swiss to Give Up EVERYTHING & EVERYBODY

December 9, 2015

As of January 1, 2016, Switzerland is handing over the names of everyone who has anything stored in its Swiss freeport customs warehouses. For decades, people have stored precious metals and art in Swiss custom ports — tax-free — as long as … Continue reading

The Hunt for Loose Change

December 9, 2015

I returned from Berlin dressed casually in jeans for the overnight flight. I was so busy with meetings I hadn’t the time to even buy a t-shirt. When I collected my luggage, I was pulled by customs. They didn’t care … Continue reading

Cuba Embargo Falls 51.6 Years on Schedule

December 9, 2015

QUESTION: Mr. Armstrong, Both Rubio and Cruz are anti-Cuba even though they are Cuban heritage. What is your opinion on Cuba? ANSWER: President Raul Castro has become a pro-business advocate. He is now allowing Cuban residents to buy and sell their … Continue reading

Market Talk – December 8, 2015

December 8, 2015

China’s trade surplus did not live up to expectations, and as a result, we saw weaker prices across all major Asian indices. Shanghai and HSI were both down around 1.5% whilst the Nikkei lost only 1%. The Nikkei did attempt to … Continue reading

Commodities Depend on the Currency

December 8, 2015

QUESTION: Mr. Armstrong, you said the decline in commodity prices will not reduce production but can actually accelerate output. How can this be? It does not make sense. ANSWER: Your perspective is too narrowly focused and solely dollar based. Because … Continue reading

Russia Sent T-90 Tanks to Syria

December 8, 2015

Russia has sent its most sophisticated tanks to the front line in Syria. The T-90 tanks are swaddled in explosive armor, causing most weapons used against them to detonate on impact. The rebels have been able to eliminate Syrian tanks with … Continue reading

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