QUESTION: A friend told me the one pound coins I have from a trip to Britain last year were canceled. How can a government simply cancel its money? KL ANSWER: Oh...
COMMENT: Mr. Armstrong; The goldbugs hate you for calling the top and a bear market. To my surprise, I searched Money Week here in London and it came up with an...
The two largest foreign holders of the US debt, China and Japan, reduced their holdings of US government bonds in November compared to October. While many are...
The Trump was preparing for at least a weekend-long partial government shutdown Friday night, expressing little confidence that Congress could pass a bill by the...
Palace of the Doge Venice QUESTION: In your study of history, would you agree with this quote? “In all of history, no government became more honest, less...
A positive day for core Asia but not that convincing. You could highlight the Australian ASX as one key core that set a weaker tone settling -0.15% lower, but we...
QUESTION: You have talked about bitcoin and are rightly skeptical as we all should be, yet creative destruction rolls on. What insights do you have to share about...
COMMENT: Mr. Armstrong; I live in Germany. I wanted to send my father €200 for Christmas. I had to prove where the money came from. It does seem as if there is a...
The Nikkei reached another 26yr high in early trading, but unfortunately closed down on the day. Ending the day down -0.4% even with the Yen trading lower also...