COMMENT: Mr Armstrong, I want to thank you for I listened to the forecasts of analysts who said Europe and Emerging Markets were the best places to invest because the US was overpriced and would crash. I was introduced to you by a friend. I listened. I cut my losses and switched to the domestic […]
While the dollar haters are constantly calling for its demise, when we look at the stats, we see a very different picture. Since 2005, the euro’s share of bank loans has collapsed from 30% of the world market to just 20%, while the Greenback has soared from 60% to now 70% of world debt transactions. […]
While the IMF chief Christine Lagarde has come out expressing her fear that not only a trade but also a currency war may emerge that could dampen the growth of the global economy, there are some serious issues that need to be addressed. The problem with misunderstanding currency and its role in the floating […]
QUESTION: Marty; Your directional changes are amazing. They signal a change but it can be a turn as well as a sudden blast to the upside. You also mention that this is the worst you have ever seen personally in 40 years on the private blog. Could you elaborate? Thank you for being here. There are […]
The Euro has continued to fall dropping at the time of this post to 11343. The bottom of this channel lies at the 11315 area and behind the curtain, our phone is in meltdown mode. After’s Italy warning that the ECB has to keep QE going or the entire bond market will collapse forcing the […]
QUESTION: Hi, I am not sure if I understand how it would work but obviously, this is highly hypothetical today. If the reserve currency is SDR, we still need debt denominated in SDR and a very large and deep market accessible by investors to park money there. If individual countries have their own currency and issue […]
CLICK ON CHART It is amazing how people have simply declared that the dollar is in a perpetual bear market as if the USA is the only nation with a debt. They judge the entire future by a few weeks of price action. That is what is so dangerous – emotional trading. I have […]
Argentina has just raised interest rates to 40% trying to support the currency. I have explained many times that interest rates follow a BELL-CURVE and by no means are they linear. This is one of the huge problems behind attempts by central banks to manipulate the economy by impacting demand-side economics. Raising interest rates […]
On July 12, 1722, William Wood (1671–1730), who was a hardware manufacturer, ironmaster, and mintmaster, received a contract from the British Crown to strike an issue of Irish coinage from 1722 to 1724. He also struck the ‘Rosa Americana’ coins of British America during the same period. Wood’s coinage was extremely unpopular in Ireland for […]
QUESTION: Mr. Armstrong; I want to thank you for a spectacular WEC. I was amazed at how many pension funds were there. They were some of the biggest and we hear that they are listening to you and had shifted into equities. Some were talking at the cocktail party how you have really helped them even […]
