ASIA: India identified 170 districts as hotspots including major metros – Delhi, Mumbai, Chennai, Bengaluru, and Kolkata. The Ministry of Home Affairs has issued a set of guidelines that informs which services and practices are permitted in these areas during the next phase of lockdown which will continue till May 3, 2020. India has agreed […]

  Margrethe Vestager, Executive Vice President of the EU and Commissioner for Competition, has spoken out that EU states should now nationalize companies in the fight against China. Accordingly, Vestager has revealed that the justification for now nationalizing industry, which was the goal of the Climate Change contingency, is to prevent domestic companies being bought […]

ASIA: India laid out plans for the gradual reopening of its economy that will permit some manufacturing, agricultural work, and other activities to resume on a limited basis after April 20, provided they are not in designated coronavirus hotspots. India’s top-down approach to implementing the initial countrywide lockdown was critical in slowing the rapid spread […]

What is taking place in agriculture as a direct result of this contrived virus pandemic is beyond contemplation. The agriculture industry can provide some insight on what’s going on. Wheat has rallied to 5870 during March, just poking through the broad uptrend channel from the Great Depression. There is a major crisis unfolding, in part, […]

ASIA: India has extended its national lockdown until May 3, 2020. Prime Minister Modi announced this decision today in a televised address to the nation. After April 20, some states that have avoided outbreaks may be allowed to resume. The country has at least 10,363 reported cases, including 339 deaths, according to the Ministry of […]

ASIA: India’s central Bank said in its Monetary Policy Report that the outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak. India’s economy expanded at its slowest pace in more than six years in the last three months of 2019 and was projected to clock in full-year growth of 5% which […]

COMMENT #1: Here in Finland the biggest bank Osuuspankki has begun to deny access to deposit boxes. — The customer must have a “valid reason” to visit the box. KV COMMENT #2: There is panic buying of food in China. This is after the virus. (see: Panic-Buying Erupts Across China, Prompting Food Shortage Concerns) HA QUESTION […]

COMMENT #1 [From Germany]: Dear Mr. Armstrong, I owe you an apology. For a long time I was of the opinion that the measures (lockdown, social distancing, flattening the curve) were fully justified. I had also clearly expressed this in my e-mails to you. I must admit that I was wrong. I am a learning […]

QUESTION:  Hi Martin – I have followed your blog for a long-time now. I enjoy reading a different viewpoint and somebody pointing out problems that don’t have a motive to take advantage of the “problems”. I find it deeply troubling that the US does not have a valid large news outlet anymore – no matter […]

QUESTION: Hi Mr. Armstrong, You have said that money is not gold, or silver, or oil, or fiat currency, but rather represents the collective elbow grease and ingenuity of a people. From the work of Socrates, which country or countries best typify this concept and therefore will become the better countries to live in, so […]