US-Mexico Border in Arizona COMMENT: Greetings from the other side of the Wall (i.e. Mexico) Mr Armstrong! First, I would like to thank you for what you do, as a young person committed with helping the world thrive I cannot tell you how empowering it was to discover your work and get to know your story, […]

QUESTION: Do language and currencies move in line with each other? Is language a leading indicator to currency i.e. Spanish in California. Will they create their own currency if they separate from the states? ANSWER: There is a direct link between currency and language. When I was doing interviews in Europe, I explained the euro would […]

Although the Asian cash markets were reasonably strong today we did see a slight wobble in the Shanghai index. Japan cash closed +0.35% and Hang Seng even better at +0.85% but China’s main index closed down -0.8% all in relatively low volume day. However, this was ahead Trump’s first major press conference. Most of the […]

QUESTION: I wonder if you might clear something up regarding the fabled corporate cash hoard parked overseas? Must this be held in non-USD form thus taking an FX risk,albeit presumably hedged? I gather any USD parked in a foreign bank is immediately transferred to a US bank, likely in NYC — would this be regarded as repatriation? I […]

QUESTION: Mr. Armstrong; What Modi has done here in India is far worse than what the press reports. I read your piece that this is part of a larger plan discussed at the G20 meetings. Is there any historical precedent for such actions that would provide some guidance for the future? R ANSWER: Since ancient times, […]

The Dow made a new high on Friday, but we failed to closed above the 2016 high. We still see the next major resistance level in the 21000-23000 area. A Phase Transition is only likely exceeding that level. Gold has bounced but the resistance stands at 1197 level with support at 1130 zone. The lowest […]

QUESTION: Mr. Armstrong; I read your work on the euro from the nineties and how it would fail. Everything you laid out unfolded over the the subsequent 20 years. I assume you have discovered historical attempts to create a euro type system before aside from Napoleon. Can you point to any other references? HF ANSWER: History repeats […]

The rally in bitcoin has come out of China, which has accounted for 98% of bitcoin trading in the past six months. China is also home to about two-thirds of the world’s bitcoin mining power. The Phase Transition spike in bitcoin is very alarming, for it flies right in the face of government attempts to […]

Because Australia has convened a commission to terminate the $100 bill, in the wake of the currency being cancelled overnight in India, there is a growing distrust of high denomination euros and Australian bills. What is interesting is A$100 notes are nonnegotiable now in India. The same is happening in Europe with the €500 bills. There […]

Japan was certainly the star performer today after we saw the PMI (Purchasing Managers Index) print far higher than expectations. The forecasted number was 51.9% but the release came in at 52.4 a sign that the economy is making significant sentiment in the right direction. This also comes on the heels of this similar number […]