QUESTION: I was listening to a podcast on Bloomberg interviewing Peter Borsch who I remember you know for the two of you were together on a cycle research board and he worked for Paul Tudor Jones who handed me a copy of the Greatest Bull Market you wrote back in 1986. That was my introduction […]
Currency, namely YEN, was the main talking point for the day as then yen approached 109 over Two big figures on the week. This obviously the currency move hit the Nikkei which closed down -0.7% all surrounding the on-going geopolitical concerns. Late in US trading news that the USA had dropped a large devise on […]
Asia traded heavy with the yen making new recent highs in the continued flight to quality/safety. Interesting we have seen such a tight trading range as we near almost half year lows and in rather thin volume. The blame continues to be placed at the feet of geopolitical tensions, France’s upcoming elections and the uncertainty […]
The dwindling credit of Turkey and significant decline in its currency, has led to the new clever idea of confiscating gold with a smile. The Turkish Central Bank has come up with an idea of how to confiscate private gold while pretending they are helping you earn more money. Their objective is to make […]
Nervous markets again with US military positioning headlines for most of the session and that led to safety moves back into the JPY. Having broken the 111 handle early, next target was the 110 handle. Many did not expect the US trading hours to take it as far as it did (109.65 -1.1% last) levels […]
The main talking point affecting markets in Asia and indeed the rest of the world from the early hours trading was the US military action from the Mediterranean Sea. Safe haven assets were bid with bonds, gold and oil seeing good buying while the nerves found money being taken off the table in equity markets. […]
QUESTION: Mr. Armstrong; you said that socialism is collapsing and the West is most vulnerable because it changed the social structure and the family unit. Spanish families from Mexico seem to be much tighter groups than Americans. Is this what you are talking about? Did the ancient Greeks save money for retirement? Is that why […]
Trump authorized the U.S. military to launch more than 50 missile strikes aimed at an airfield near Homs. Trump has stated that he had targeted the Syrian airfield from which an earlier chemical attacked had been launched. He also called on other countries to end the bloodshed in Syria. Secretary of State Rex Tillerson […]
