ASIA: Growth in India’s services industry eased to a six-month low in September, led by a cooling in demand amid high inflation, a private survey showed. The S&P Global India services Purchasing Managers’ Index fell to 54.3 in September from August’s 57.2, lower than the Reuters poll expectation of 57.0. However, the September reading stayed […]

The war in Ukraine escalated as a direct result of NATO’s interference. Russia felt backed into a corner, on the defensive, and felt it had no choice but to invade Ukraine in response to heightened tensions with NATO. Even the pope came out and said that NATO was antagonizing Russia by “barking at the Gates […]

  QUESTION: Mr. Armstrong; Nobody knows history better than you. Will QE continue if we end up in war? It seems there would be no choice. Thank you for your very enlightening blog. PG ANSWER: Yes. The Fed was “directed” by the White House to carry out QE during World War II. They were to […]

ASIA: Singapore is now the seventh most innovative economy in the world, up one spot from its ranking in 2021. The rankings are in accordance with the Global Innovation Index 2022, a report released by the World Intellectual Property Organization (Wipo) and non-profit research firm Portulans Institute on Thursday. The report ranks 132 economies according […]

I know for a fact that the US military is deploying some reservists to Romania to train European soldiers. The reservists have been told that the war will escalate, and as a soldier told me, “things are getting really bad over there.” They will be training the Europeans to fight against Russians for at least […]

ASIA: Japanese Finance Minister Shunichi Suzuki said authorities stood ready to respond to speculative currency moves, a fresh warning that comes days after Tokyo intervened in the foreign exchange market to stem yen falls for the first time in more than two decades. Suzuki also told a news conference on Monday the government and the […]

ASIA:  To stabilize China’s foreign exchange market and support the value of the yuan, the country’s central bank, the People’s Bank of China (PBC), announced that it will raise the foreign exchange (FX) risk ratio for foreign exchange forward trading from 0 to 20 percent, effective Wednesday. It will increase the cost of foreign exchange […]

The Italian people have voted for a conservative prime minister, and the globalists are panicking. Giorgia Meloni has long been skeptical about Italy’s place in the EU, COVID laws, illegal immigration, and woke culture. Despite sixty-three percent voting in her favor, the liberal media is up in arms. CNN dubbed her “the most far-right government […]

QUESTION: Good afternoon Mr. Armstrong. I have been a basic member for 6 years. Since then I have been following your USD prediction and it is on spot despite everyone saying the contrary. However, after seeing the EURO, Pound, Yen, and other currencies waterfall, why has the Mexican peso kept its value? I can’t find the […]

ASIA: India’s merchandise trade deficit in August widened to $27.98 billion from $11.71 billion a year earlier, revised data released by the government showed on Wednesday. India’s merchandise exports rose to $33.92 billion from $33.38 billion Japan ran its largest trade deficit in a month on record in August as imports surged amid high energy […]