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Foreign Exchange

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...

Central Bank Reserves – The Rise of the Yuan

QUESTION: Mr. Armstrong; I understand that your model shows that China will become the dominant economy post-2032. The IMF added the yuan to their SDR basket. Are...

Dollar Manipulation by China & Japan?

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...

Euro – Capital Flows or Speculation?

QUESTION: Is the euro really going up on capital inflows or speculation leverage? ANSWER: We are not picking up any real net capital outflows from the USA...

The Euro on Yearly Models – Let the Crazy Times Roll

QUESTION: Reviewing the private blog, at the end of 2016 on December 31 you wrote “When it comes to the Euro, the Major Yearly Bearish Reversal lies at 10365...