COMMENT #1: Mr. Armstrong, I just wanted to thank you. I am a converted gold bug. Your comment about how gold was $875 in 1980 and the Dow was 1,000 compared to today cannot be ignored. I can see now that it is more of a religion than reality, like climate change absent the science. […]

Interview with GoldSeek Radio: Head of Armstrong Economics, Martin Armstrong, reviews charts of the major indexes in real-time, noting “2024 could be a chaotic year.” – Interest rates rise during boom periods. “Yeah, I think people have to understand that the vast majority of analysis out there is all domestic. They’re just calling for the […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 240.10 points or -0.73% to 32,686.25 Shanghai decreased 9.77 points or -0.33% to 2,958.99 Hang Seng increased 173.44 points or 1.07% to 16,402.19 ASX 200 increased 120.10 points or 1.65% to 7,377.90 Kospi increased 33.52 points or 1.34% to 2,544.18 […]

ASIA:   Moody’s has downgraded China’s government credit rating outlook from stable to negative due to concerns about potential lower medium-term economic growth and the ongoing contraction of the property sector. Despite this, Moody’s has affirmed China’s A1 long-term local and foreign-currency issuer ratings. The agency predicts a 4% annual GDP growth for China in […]

    ASIA:   The Bank of Japan has removed its 10-year bond yield ceiling of 1%, challenging the long-standing belief in a central bank ‘put.’ This belief, dating back to the days of Alan Greenspan, suggested that central banks like the Federal Reserve would always step in to support falling asset markets with monetary […]

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 80.69 points or -0.26% to 30,994.67 Shanghai closed Hang Seng increased 272.11 points or 1.58% to 17,485.98 ASX 200 increased 28.70 points or 0.41% to 6,954.20 Kospi increased 5.13 points or 0.21% to 2,408.73 SENSEX increased 364.06 points or […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 548.48 points or 1.80% to 31,075.36 Shanghai closed Hang Seng increased 18.03 points or 0.10% to 17,213.87 ASX 200 increased 35.30 points or 0.51% to 6,925.50 Kospi decreased 2.09 points or -0.09% to 2,403.60 SENSEX increased 405.53 points or 0.62% […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 14.90 points or -0.05% to 31,857.62 Shanghai closed Hang Seng increased 436.63 points or 2.51% to 17,809.66 ASX 200 increased 23.80 points or 0.34% to 7,048.60 Kospi closed SENSEX increased 320.09 points or 0.49% to 65,828.41 Nifty50 increased 114.75 points […]

ASIA:   Goldman Sachs has stated that Western countries may need over $25 billion in investments to match China’s supply of rare earths. The concern arises from Beijing’s export restrictions on minor metals, leading to fears that rare earths could be the next target. Currently, China accounts for 90% of global refined output of rare […]

ASIA:   Core consumer inflation in Tokyo, Japan’s capital, slowed down in May. However, an important inflation index that excludes the impact of fuel reached a four-decade high, indicating increasing price pressure. This could potentially maintain expectations of a withdrawal from the current loose monetary policy. The Tokyo core consumer price index, which excludes volatile […]