The “Catalan Crisis” as it is now being referred to, is just that, a crisis. Spanish government ministers said they will meet an activate the Article 155 which allows them to take over control of the Catalan region. With Carles Puigdemont saying he will proceed with independence if he is faced with continued “repression” from […]

Even though we saw yet another strong day for US markets, for Asia it was more steady as she goes rather than running away with itself. With the Chinese Party conference just underway, many will be looking for headlines to set the next stage of the markets. Currency will set the agenda with stocks following […]

There is a serious new fraud centering around Cryptocurrencies. There have been some trading platforms set up that are suddenly changing the rules in mid-game. People who have tried to sell things like Monaco Card etc. on these platforms have discovered that their accounts are frozen because they do not have the money to pay people. […]

Having seen yet another US session, Asian markets traded firm and steady. We are on the eve of the Chinese Communist Party meeting which markets are eagerly awaiting any news and views. The Yuan continues to trade around years best levels (6.60) having spent the first six months of 2017 playing around 6.90 levels. The […]

The economic decline that we are now in moving into about 2036, is significantly different than pre-2015.75. The confidence shifted and 2015.75 was the peak in confidence in government. This is the rising discontent which produced Trump, BREXIT, and the rising separatist movements around the globe. The old way of running the economy is what […]

QUESTION: Bitcoin + Cryptocurrencies Firstly, thank you – I’ve learned more from your blog and models that high-school would ever have hoped to teach me. And even after a year, I am a still at the start-line of knowledge. I am also been a follower and investor/gambler on crypto for over a year.   I […]

According to local sources in the Middle East, financial difficulties in Saudi Arabia may see a cash injection coming for its oil industry – Aramco. The Saudis are considering a private placement of its shares instead of a traditional float of shares on the stock exchange. The buyer is of course China. Saudi Aramco has been considering the international […]

Today we saw Bitcoin (BTC) close and break through the 5000-dollar mark for the first time –BTC recovered fast from the recent downturn to 2800 level found mid-September, the issue I have is what is the long-term prospects with such a cryptocurrency. The questions we must ask is will Governments allow such a currency without […]

Mario Draghi, declared the intentions of the ECB were to keep rates low, well after the bond-buying program has ended. Draghi stated this was important to keep borrowing costs at bay and promote solid growth within the Eurozone. The EUR/USD rate, is still in the 1.18 region losing 20bps today. The big ECB rate decision […]

QUESTION: Dear Mr. Armstrong, You said that people and institutions from Europe send their cash to the US to get a higher yield. This makes a lot of sense. At the same time, the dollar has been falling. You have also stated that US institutional investors are sending money to developing markets to get a […]