The hunt for money is getting really aggressive, as reported by the Sydney Morning Herald. They are on the verge of collapsing the economy as we get closer to 2017. G20 agreed that all countries will spy on everyone and … →
The Guardian reported that Australia raided the home of Craig Wright only hours after it was shared that he may be one of the founders of the cryptocurrency bitcoin. Of course, authorities also claim such raids are not related. But they ALWAYS … →
Hardly a day to write about with Asian equities not really showing any indications of a direction, let alone a story, for the day. All core indices closed +/- 0.5%; even to fabricate a rumour would constitute just that — a fabrication! … →
QUESTION: Marty, I believe you said if the Euro closes below 10365 for the year then everything would fall apart. If it closed above 105, then the decline can be more prolonged. What is the bullish level to reverse the … →
China’s trade surplus did not live up to expectations, and as a result, we saw weaker prices across all major Asian indices. Shanghai and HSI were both down around 1.5% whilst the Nikkei lost only 1%. The Nikkei did attempt to … →
QUESTION: Mr. Armstrong, you said the decline in commodity prices will not reduce production but can actually accelerate output. How can this be? It does not make sense. ANSWER: Your perspective is too narrowly focused and solely dollar based. Because … →
Russia has sent its most sophisticated tanks to the front line in Syria. The T-90 tanks are swaddled in explosive armor, causing most weapons used against them to detonate on impact. The rebels have been able to eliminate Syrian tanks with … →
QUESTION: Why do you do not see that money must be backed by something tangible? ANSWER: That is an antiquated barter perspective; you are blind to reality. Your proposition is that only gold has value and you yourself are worthless. … →
The Investor level of Socrates is live by invitation only. Invitations can be requested at www.ask-socrates.com. This is ONLY the Investor level for the average person without reversals and arrays, which will be provided in the Trader level beginning January … →
Asia saw a mixed session with prices marginally lower, but not too much to write home about. It was not until Europe opened that we started to see a pick-up in volatility that provided dealers with something to talk about. … →
