Asia returned a quiet lacklustre day’s trading on Tuesday with Toshiba alone being the reason the whole market had edged lower. The stock sank an additional 12.3%, extending Monday’s 9.8% decline having stated it is expected to post a 550B loss … →
COMMENT: Marty, the NASA study is absolutely correct. I work in a different area of geological observations. When a volcano erupts, the ash creates global cooling reflecting the sunlight. You are correct that this global warming is a tax agenda. … →
QUESTION: Mr. Armstrong, have you ever heard of a short lived Wörgl Experiment in Austria? It was shut down by the Austrian Central Bank they say because it was successful. Have you looked into this experiment they claim defied … →
COMMENT: You have discussed the growing threat of antibiotic resistance several times. Sadly, I must confess, I am, in part, responsible for this trend. I am a practicing physician. Last year, I had a lawsuit filed against me for NOT … →
A new study out by NASA has people dumbfounded for it shows that burning fossil fuels and cutting down trees actually causes global COOLING — not WARMING. Burning fossil fuels give off aerosols which reflect sunlight and thus lower temperatures. … →
QUESTION: Hi Mr. Armstrong! Thank you for all that you do in keeping me sane by making sense of certain things that I can not seem to comprehend. Here’s one matter that still boggles my mind and heart. I am … →
In Asia, the Nikkei opened heavy on the back of a weak U.S. closing on Friday. The continued sell-off in oil prices also gave up ground after Toshiba’s stock declined 9.8%. Meanwhile in China, reports were running around the street … →
Something very interesting is unfolding. Included in the new year-end spending bill was a waiver of the Foreign Investment in Real Property Tax Act (FIRPTA), which had been implemented during the late 1980s when the Japanese were buying everything. They … →
QUESTION: Marty, Regarding the brief clip of Larry Summer’s opining on why economic declines are hard to predict, I was struck by the 2nd part of his explanation, which seemed to me to indicate that economists would not want to … →
The European banking crisis is brewing. Last month alone, the Bank of Italy poured €3.6 billion euros into Banca Marche, Banca Etruria (PEL.MI), CariChieti, and CariFeto to prevent their collapse. The money was funded by financing from healthy banks. This … →
