QUESTION: Mr Armstrong; I am witnessing everything you have warned was coming right down to the stock market rise with gold and the dollar. Nobody has put such a possibility even forward. The goldbugs only talk about how the stock market must crash with the dollar so buy gold. Even with gold rising they are […]
We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. The negative interest rates have devastated Europe. While trying to stimulate borrowers who are not interested without an opportunity to make money, the ECB has wiped out […]
QUESTION: Dear Mr. Armstrong, I am really confused regarding long-term interest rates – I had thought they were controlled by the markets – but it seems at time that the central banks control them by buying the governments debt. Can you shed some light on this? Can the central banks just keep printing and buying […]
QUESTION: Dear Mr. Armstrong, I am really confused regarding long term interest rates – I had thought they were controlled by the markets – but it seems at time that the central banks control them by buying the governments debt. Can you shed some light on this? Can the central banks just keep printing and […]
Despite the election uncertainty resulting from the weekend, the ASX (Australian Stock Exchange) closed better; as did the currency. ASX closed up 0.65%, having suffered an opening wobble but the AUD will be eagerly watched at the RBA meeting – was last seen up 0.6% in late European trading. The Nikkei opened lower but managed a […]
The first day of the second half of 2016 and it starts with a whimper. Yes, The Nikkei and Shanghai were marginally better bid (China PMI marginally lower 50 v’s 50.1 previously) but with the Hang Seng closed there was really not that much to write home about. The Japanese data was a little better and we saw a […]
With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]
QUESTION: Marty; You always said that gold would rise with the dollar when the time was right. It is interesting to watch this unfold with the crisis in Europe. Is the time at last right? Thanks BD ANSWER: The unraveling of Europe has begun, but the crazy period still lies ahead. We have the French […]
We will be doing a Video Update for the Precious Metals Report Subscribers on Friday, July 1st, 2016
