QUESTION: Hello Sir, I am French and have been reading you for many years (I already read you while you published papers while you were very unfairly imprisoned). I signed up for Socrates on 6th January and must thank you warmly for opening my eyes to the real state of the global economy and its cycles. […]

QUESTION: Mr. Armstrong; I have been reading your blog for years now. It is obvious that you are well connected behind the curtain. It did not take but perhaps a day or two after you explain the difference between wealth and income to suddenly see Elizabeth Warren adopting the position to impose a wealth tax […]

The meandering of US markets failed to provide an excuse for Asia, but it found its footing anyway and can point to tech as the key driving force. There is still a lot of hype in China for domestic support and official direction helping sentiment and today that became more targeted. This enthusiasm in helping […]

QUESTION: Marty; Are there any cycles dealing with the trade dispute with China that are relevant? OP ANSWER: Actually, yes. The United States created a two-tier monetary system in 1873 to accommodate trade with China who was on a silver standard rather than gold. The actual timing is 17 intervals if the 8.6-year frequency of the […]

Most core Asian indices finished todays trading on a positive note. Both Shanghai and Hang Seng indices recovered from early losses and managed a close at the days highs. Both closed up +0.4% on continued talk of domestic support and the possibility of shorter working weeks. In Australia the jobs number released better than expected […]

The economic slowdown, voiced now by the IMF, has had an understandable impact on the Asian markets today. Probably the result of the weekend Chinese data, but at any length we now have a nervous market that is back looking for the bid! The Japanese Index is retreating from a one months high with dealers […]

While the dollar haters are constantly calling for its demise, when we look at the stats, we see a very different picture. Since 2005, the euro’s share of bank loans has collapsed from 30% of the world market to just 20%, while the Greenback has soared from 60% to now 70% of world debt transactions. […]

Much had been talked about last week about the slowdown in China and on Sundays release we finally saw the latest. China GDP released at 6.4% but industrial output beat expectations. Both domestic and regional markets took this news as positive, as it tends to reflect a manageable slowdown rather than the feared ‘hard-landing’. Both […]

The rumoured report of US weighing possibilities of easing tariffs certainly helped Asian markets to open on a positive note. The Hang Seng and Shanghai markets made steady progress as the day wore-on. The rally was well rounded with all sectors adding to the gains. Given the recent domestic support for China, it was the […]

  QUESTION: RE: ….& Coming Barter System. So, are you suggesting that we may see a shift to Silver by private individuals as the only way to sidestep Government stupidity, or will it be even worse, like trading whiskey for toilet paper?? TWE ANSWER: Assuming government attempts to follow the IMF’s advice and create cryptocurrencies to […]