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Foreign Exchange

Private Blog – The close of March – 1st Quarter Dow-Gold-Dollar

  Private Blog – The close of March – 1st Quarter...

Will the Euro Survive by 2021?

  The results of the Italian election is just starting to sink in. The rise of comedian Beppo Grillo to Italy’s most successful politician, who won 32.7%...

Why Are Dollar Bulls Almost Extinct?

Bloomberg has reported that dollar bulls are nearly extinct down to just 2.3 %. The majority, which is always wrong, are all focused on the nonsense of the budget...

The Monetary Reform of 1857 Ends Legal Tender Foreign Coins

QUESTION: Mr. Armstrong, I found in my grandmother’s belongings a penny from 1855 and one from 1857 which was much smaller and silver in appearance. Was there...

How the Euro Will Be Killed by Politicians

The man who is killing the Euro as a viable currency is none other than Donald Franciszek Tusk who is a Polish politician who has been the President of the...

Gold Factual Sophistry – Here We Go Again

QUESTION: Mr. Armstrong; The goldbugs are saying that China, Russia, India are “rogue” rising economic powers that are rogue nations. They...

Japan Sells US Debt Trying to Ease A Trade War

The Japanese government once again reduced its holdings of US government bonds during December 2017. In total, Japan sold bonds worth $ 22.5 billion. This is not a...

Private Blog – Gold & Euro

Private Blog Posts have been Made Available on Gold & the Euro for Today’s Closing Private blog posts are exclusively available to Socrates subscribers....

British Pound – How High is High?

QUESTION: In your year-end report, you said the resistance in the pound for 2018 was at the 14500-14600 level throughout 2018. We stopped at the mid 14300 level. Is...

Mnuchen Calls for Weaker Dollar – Trump Stronger?

QUESTION: Mr. Armstrong; You have repeatedly said that the USA wants a lower dollar while Europe thinks a strong currency is better. You said the dollar would...