Showing 2868 Results for dollar
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Showing 2868 Results for dollar
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May 2, 2018
Private Blog – The Dollar Rally Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
May 2, 2018
QUESTION: You ignore that Trump will create a deficit of a trillion in one year with his tax cuts for the rich. What do you have to say about that one! HT ANSWER: So what? Obviously, you probably are a CNN watcher. They never said anything about Obama who created the first trillion deficit and […]
April 24, 2018
QUESTION: Hey Martin You always say that us in Europe better get our money out while we still can. I know that you recommend bank account in US but that isn’t always so easy. As some kind of alternative, what do you think about storing some gold in Asia ( Hong Kong, Singapore etc.) I am […]
April 3, 2018
QUESTION: Mr. Armstrong; I really wish I found you sooner. A friend of mine has been telling me to listen. He bought the Dow at 17,000 and sold it 26,000 on your advice. He paid off his house and has told me – see, I told you so. I get these emails from the gold […]
March 29, 2018
Private Blog – The close of March – 1st Quarter Dow-Gold-Dollar
March 23, 2018
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 and the current account deficits. The record high for the dollar was 1985 when even the British pound fell to $1.03. So the Balance of Payments […]
January 27, 2018
The Bank for International Settlements (BIS) has reported exactly what we have been warning about – the explosion in dollar-denominated debt outside the USA which means a rise in the dollar will see a massive debt crisis. The total volume of US dollar-denominated debt outside the US increased significantly. The BIS reported that the volume of […]
January 26, 2018
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 decline first into 2018. That seems to be spot on. After Treasury Secretary Steven Mnuchin statement that a weaker dollar is best for USA, the dollar sold off. Why […]
January 22, 2018
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 yes. Britain canceled the one pound coins last October. They estimated that £400-450 million pounds became worthless overnight. Europeans routinely cancel their currency. This […]
January 21, 2018
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 trying to say see, they are dumping US bonds, China reduced its holdings by 1% or $ 12.6 billion to $ 1,176.6 trillion and Japan reduced its positions by $10 billion to […]