ASIA:   China’s central bank, the People’s Bank of China (PBOC), has announced a second reduction in the reserve requirement ratio (RRR) for banks this year. This move, effective from September 15, involves a 25 basis point cut for all banks, excluding those with a 5% reserve ratio already in place. The reduction is aimed […]

QUESTION: Do you think it is impossible for anyone to forecast a market from a personal opinion perspective? I have followed your long-term forecasts and they have been amazing. But that is Socrates not you individually. Correct? FD ANSWER: Of course! Nobody, alive or dead, can forecast the future of any market or economy from […]

COMMENT: When will the people stay a boycott of Pfsir as they did with Bud Light? HB   ANSWER: The court in South Africa ordered the government to release the contract with Pfizer that they were preventing the public from having access. Quite honestly, ANY politicians who voted for the vaccines by Pfizer should be […]

While some economists are flipping from pessimistic to increasingly optimistic the US will beat inflation without a near-term recession, some still preach the standard doom & gloom prophecy for the economy. Everything in their field always turns on the Keynesian Model of interest rates, with the standard fallout from higher interest rates always will depress […]

COMMENT: Now that it is painfully clear , there is no law in the United States, my question would be how long before the great unwashed, realize this ? I understand Socrates, is looking into 2024 , in the panic cycle increasing . What I see coming , are the populations of the world finally […]

I have said that the reason they indicted Trump’s valet as a co-defendant in the Mar-a-Lago, was to pull the standard “extortion” where he is to perjure himself for the government or face 120 years in prison. This is how they win Conspiracy Cases. Federal Judge Jed. S. Rakoff wrote a book on the extortion […]

QUESTION: Mr. Armstrong, I attended your 2011 conference in Philadelphia. A friend of mine insisted and paid for the ticket, telling me your computer has been incredible on forecasting long-term that nobody can come close. I confess I thought your forecasts at the event were out there. You put up the war cycle and said […]

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:   The People’s Bank of China has taken steps to stimulate economic growth by cutting two key lending rates for the first time in 10 months. The one-year loan prime rate was reduced by 10 basis points from 3.65% to 3.55%, and the five-year loan prime rate was lowered from 4.3% to 4.2%. These […]

  ASIA:   China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come out to downplay worries on the economic outlook. The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics said last Friday, in line with […]