ASIA: In an effort to counter the coronavirus outbreak in the country, 75 districts across India, including major cities such as the capital New Delhi, Mumbai, Bangalore, Chennai, Hyderabad, and Kolkata have been placed under travel, work, and movement restrictions until March 31. So far, India has reported 415 active cases of coronavirus, including 7 […]

The Federal Reserve called a third emergency meeting to combat the economic impact of the unprecedented hyped coronavirus. A lot of emails have come in noting that Socrates had forecast the first interest rate cut by the Fed and its next target was March 23rd as we published back on March 3rd. Many have asked […]

QUESTION: Dear Mr. Armstrong, Thank you very much for your dedication and hard-work educating those people that are willing to listen. Thank you for being here with us during these turbulent times and being that beacon of light we need so desperately. When do you foresee this chaos to end? People are afraid and are acting really […]

I had a very interesting conversation about what appears to be a grab for power with someone high up. I was told: Read tour own book! I concluded in the Manipulating the World Economy that the central banks lost all power and the solution would require political action and reform. The very issues I made […]

QUESTION: Mr Armstrong, I have been following your blog since I saw The Forecaster four years ago. Last fall, I was fortunate enough to attend the WEC in Orlando. I did my best to keep up with the information presented, but it was a lot, fast. Nonetheless, I am a more informed person for attending. […]

ASIA: The total number of coronavirus cases in India has climbed to 195 after over 35 new cases emerged from the various parts of the country. This marks the highest number of reported cases in a single day. At present, there are 171 active coronavirus patients in the country, according to the data released by […]

There is no question that the fundamentalists #1 Golden Rule has been when stocks crash, run to bonds. We are entering the collapse in public confidence and this is BEYOND the central banks despite the massive attempts to intervene. Keynesianism is DEAD!!!! We have entered uncharted territory which is the darkest fears of academics for […]

ASIA: India reported two more deaths due to the coronavirus, bringing the death toll to five. The Indian government announced a total ban on flights by scheduled international passenger aircraft at Indian airports from March 22 to 29. Prime Minister Narendra Modi requested in his address to the nation to not come out of their […]

President Donald Trump Letter- Final This is a letter I have sent to the White House but others are sending it to the various heads of central banks. Please forward it to whoever you may think will help try to turn the tide. We must end this panic and return to some normalcy. As mentioned, […]

ASIA: The Indian Bank Association had an emergency meeting on Monday evening to explore ways to lend a helping hand to businesses hit by the COVID-19 outbreak. During the video conference meeting called on short notice, they discussed possible credit lines and special benefits that could be given to certain sectors such as transportation, travel […]