Showing 7542 Results for the euro
Search instead for the euro
Showing 7542 Results for the euro
Search instead for the euro
April 29, 2019
QUESTION: You have written about the collapse of the Byzantine monetary system. I also believe it fell to the Europeans in 1204 and the story was that the Germans were being aggressive back then demanding tribute. Was this also another monetary crisis at that time? Thank you JY Alexius III AV Hyperpyron ANSWER: Yes, there was […]
April 26, 2019
ASIA: The bank of Japan announced they plan on keeping interest rates low until the spring of 2020, as weaker global demand and Chinese-US relations were taking a toll on the export reliant economy. China today announced that a French warship had entered the Taiwanese strait earlier this month. In a surprising move by the […]
April 26, 2019
BoJ Statement 4-24-2019 The Great Financial Unknown is now upon us. After 10 years of Quantitative Easing, the European Central Bank (ECB) in Europe owns 40% of the national debts in the EU and it can neither sell them nor stop buying without creating a Panic in Interest Rates. Likewise, the Bank of Japan (BoJ) […]
April 23, 2019
QUESTION: Mr. Armstrong; It seems few people even understand that there have been two-tier monetary systems. Do you think this can be a possible tool in the currency crisis you are forecasting for 2021? Thank you; Looking forward to Rome and meeting Mr, Farage as well PC ANSWER: Various countries used to mint trade dollars […]
April 19, 2019
The Prime Minister of the Netherlands, Mark Rutte, is objecting to France’s desired changes to the EU budget. France wants aid with the inclusion of the objective to “stabilize” the economies within the Eurozone, whereby the Netherlands wants all funding to be limited to furthering “competitiveness and convergence.” The Netherlands contributes the most to the EU, […]
April 18, 2019
Asia: Amazon announced they will shut down its China marketplace business, effectively ceding the market to Alibaba and JD.com. The business will wind down in July, giving ample time for sellers using the services to transfer to other providers. Amazon does plan to continue to support “cross-border” business – that is, importing goods into China […]
April 17, 2019
Asia: China’s GDP rose 6.4% in the first quarter, outperforming many of analysts’ expectations. Some see this as a promising sign for China as last year the GDP decelerated every quarter. Prime Minister Mahathir of Malaysia has approved a “mega link” project that connects both sides of Malaysia, spanning up toward Thailand, as part of […]
April 17, 2019
QUESTION: Mr. Armstrong; I believe you said at the WEC in 2017 that central banks will diversify and increase their gold reserves going into the currency crisis coming in 2021. China has continued to increase its gold reserves. You would please update on that development. Thank you PK ANSWER: Central banks are in a very […]
April 17, 2019
COMMENT: I had to laugh your comment that the EU pretends to be a happy family but they are still nationalistic no matter what they say. The Dutch bid to buy Air France is just the tip of the iceberg as you say. Thank you HS REPLY: You are absolutely correct. The Dutch government’s bid to […]
April 16, 2019
ASIA: Jack ma, head of the Chinese giant Alibaba, was criticized today after stating that the 9am to 9pm working day was “blessed” claiming it was the driving force of China today. In the Venezuela crises, China has been criticized for backing and bank rolling current unapproved President Maduro by US secretary of state Pompeo. […]