Asia traded reasonably well following the US volatility, with core China indices closing over 1% higher following encouraging Trade headlines. Talk is that discussions between the two are progressing – or even that they are communicating! However, the main topic happened later in early London trading so lets just jumped ahead to todays hot topic […]

The rumor mill has been hot concerning Malaysia and Goldman Sachs for the past two years. As it was turning into a criminal investigation Lyod Blankfein coincidently decided to step down at age 63. That was announced last March when he said he would step down by the end of the year. Then in July, Blankfein […]

  In Florida, the vote was very close. Ron DeSantis got nearly 40,000 more votes than socialist Andrew Gillum in the Florida governor’s race. Then Rick Scott over 15,000 more votes than Bill Nelson in the Senate race. Florida’s secretary of state ordered a recount Saturday afternoon for the elections for governor and U.S. Senate. Both races remain within the 0.5-percent […]

  QUESTION: Mr. Armstrong; I really encountered an insane goldbug who claimed you were paid off by the gold cartel to keep the price down. These people cannot open their eyes and see anything but gold or bitcoin. Then they argue the age of knowledge and bitcoin will become the new reserve currency. You really […]

Asia closed mixed but did see some corrections from Monday’s almost extreme moves. In Japan the Nikkei opened around 1% better and gradually managed to build upon those gains. Although closing up 1.15% led by pharmaceuticals, industrials and commodity companies we should still see things from the point of view in that, they many are […]

The U.S. Justice Department’s charges against individuals related to the pillaging of the Malaysia investment fund known as 1MDB offers several new insights into the global, multibillion-dollar scandal. But there is something the press is overlooking. The senior Goldman Sachs banker in Asia who pleaded guilty to U.S. bribery and money laundering charges and his deputy […]

  On the one hand, the Midterm Elections really mean nothing. The Democrats cannot reverse their declining trend since they peaked with FDR, and the Republicans cannot deliver the final death blow to the Democrats to put them out of their Marxist misery.  While we have provided the target ranges for the vote, we also […]

If we had all gone home just after the US employment numbers, we would have all had a wonderful weekend and no-one would be any the wiser! However, as we know with markets, nothing is ever as it seems. Lets just skip to the finally half of the day just after the numbers from the […]

The start of a new month and a solid session across the globe. the Nikkei failed to join the party with a 1% decline today, but then the Yen has bounced a touch (0.3%) to balance some of that move. Interesting this is they claim tech took the markets lower in Japan whilst in the […]

Politicians have totally and completely misunderstood the trends within the global economy and as a result, they are actually creating one of the worst economic debacles in history. I have explained several times that the bulk of investment capital is tied up in two primary sectors – (1) government bonds and (2) real estate. Because […]