The dollar haters have been touting that the Chinese yuan, or otherwise known as the renminbi, would kill the dollar and gold will soar. I have warned that China will take the spotlight as the Financial Capital of the World once again but only after 2032. A real assessment of international capital flows reveals the truth. The […]
It was the strength of the Yen that took top discussion point today in Asia, or alternatively, the US Dollars weakness. Having shown early gains, the Nikkei tended to drift and was probably influenced by a much weaker China market. The Shanghai index finished near 1% lower as concerns start to grow following the sell-off […]
COMMENT: I read your post on Trump, Jr. and it does appear obvious that there is no investigation into the whole Maginsky Act and why are Trump Jr.’s lawyers not exposing this more? It seems that corruption only really exists when it always involves government. KA ANSWER: Corruption is a huge problem in all governments […]
The USA is once again abusing international law. It is a rare event when I find that I actually have to agree with the head of Turkey about anything, but Recep Tayyip Erdogan is absolutely correct. The prosecution of the Turkish Gold Trader Reza Zarrab violates every principle of the rule of law. Mr. Zarrab’s lawyers had asked […]
The Turning Point on the ECM is this weekend. We do happen to have a Directional Change next week in the Dow with the next turning point due the week of 12/04 and that is followed by the week of 12/18. What is most curious, is the fact that the Dow, Euro, Gold, and […]
Lithium is known as “white gold” since electric cars require a lot of batteries. This has resulted in transforming the metal into a valuable and sought-after commodity. The demand keeps rising as there is a need for energy storage that can only be produced if lithium is available in sufficient quantities. The price has soared from $1,550 […]
QUESTION: Mr. Armstrong; I want to thank you so much for shedding light on what can only be deranged forecasts on the dollar and gold and never change regardless of how much money they lose people year after year. I received this email with the headline How Much Longer Can the Petrodollar Survive? They claim that […]
China keeps moving gradually to open up their economy to international forces. The People’s Republic of China has expanded the trade in gold in yuan and thus the internationalization of the national currency is moving closer. Gold merchants from the industrial metropolis of Shenzhen have been trading their yuan gold at the Hong Kong Stock Exchange […]
Asian cash responded to the US news of possible Tax Plan delays and we saw profit-taking and nerves for the first time in a while. Interesting that this has occurred on our November temporary pause expected. The Nikkei has returned -0.8% which has added to yesterdays decline but is falling from the 26 year high. […]
Iran has a very rich history that lends itself to tremendous insight into the long-term future of the Middle East. It was Cyrus the Great who conquered Lydia which was the birthplace of money issued by the state. The Persians adopted the practice and then continued to produce coins with the same design as the […]
