COMMENT: Dear Martin, I bought ‘The World Real Estate Report’ at the end of 2016. It stated that Australian real estate was going to fall after the first quarter (March) in 2016. The property prices in Melbourne (where I live) continued to rise in April 2016 so I sent an email to Socrates Support asking […]
Even as Chinas trade expanded, it really has done nothing for stock market confidence or sentiment, especially after the poor auto sales numbers. We saw more selling pressure today as the Shanghai core index closed 1.4% lower, with the Hang Seng under even more pressure resulting in a 2.4% decline. Money is still leaving the […]
QUESTION: Mr. Armstrong; I really encountered an insane goldbug who claimed you were paid off by the gold cartel to keep the price down. These people cannot open their eyes and see anything but gold or bitcoin. Then they argue the age of knowledge and bitcoin will become the new reserve currency. You really […]
As we go into the elections tomorrow, this campaign has revealed the great political divide that once it has been exploited, there is no putting it back. A Democratic win in the House guarantees that this political divide will only get wider and deeper. They cannot actually pass anything without both the White House […]
A much welcomed rally the past couple of days to end the traditionally torrid month of October. A finally push today moved indices further away from their recent lows, but remain well down for this month. Optimism remains absent with Novembers planned US/China talks on trade still questionable as being included as part of the […]
QUESTION: Do you think that a pole shift will be devastating to society? SK ANSWER: No. I think many turn such events into a looming existential threat destined to destroy us. That is probably up there with the Yellowstone Supervolcano. These treasured theories of our impending doom seem to lurk in a myth that some event […]
Merkel has been the face of Europe – good, bad, or indifferent. Germany has been the major economy in Europe with France a distant second. We must understand that the fate of the Euro hinges on this position of Merkel. She has been a staunch supporter of austerity and the Green and AfD are […]
QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a […]
As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in […]
I have previously written how the academics have REFUSED to revise history even when the evidence has been right in their face. I have previously written that the date for the eruption of Vesuvius could not possibly historically correct based upon a single coin that was discovered in the dig. My position based upon a […]
