QUESTION: Mr. Armstrong; You are a personal friend of the royal family of Qatar. Would you care to share your inside knowledge of Qatar leaving OPEC? KR ANSWER: Just for the record, I was a friend of Sheikh Saud bin Mohammed al-Thani who was a member of the Royal family of Qatar. We were probably the two biggest collectors […]

It is incredibly important to understand that as the weather turns bitterly cold in the north, people will begin to migrate south. This not merely caused the ancient Greeks to become the Sea Peoples, but also during the Year without a Summer in 1816 it shifted the population in America. In the United States when […]

Monetary History of Byzantium    JUSTINIAN I 527-565AD Justinian I (c. 482 – November 14, 565AD), came to the throne following his uncle, Justin I. He ruled for nearly four decades and during his reign, he sought to restore the Roman Empire by retaking Western Europe and Northern Africa. Justinian was partially able to recover […]

Asian markets were buoyant in the hope the meeting between USA and China over the next few days would prove fruitful. Early losses were quickly reversed leading to 1% gains for both Shanghai and the Hong Kong’s Hang Seng indices. The Nikkei gained strength throughout the day, but should be viewed together with a weakening […]

Even though the US market lost a little of Mondays gains into the close, the mood in Asia still appeared reasonably constructive ahead of any trade talks. The Hang Seng was a little more confident as it responded well to rebounding tech values, but even then only managed a near unchanged close. Shanghai opened well […]

Often, when a major economy is out markets are quiet and that is exactly what we have seen the past two days. Thanks Giving in the US and national holidays in Japan has kept global markets quiet, closing almost unchanged from midweek close. Additionally, with such uncertainty surround Trade talks and BREXIT negotiations it endorsed […]

Following the worrisome US decline seen yesterday, Asia was initially spooked. However, within the first couple of hours trading prices had bounced to reach unchanged and spent the balance of the day trading with a positive bias. Talk that US and China are making slow progress behind the scenes is encouraging, but it really is […]

The 3% decline in the NASDAQ and the 1.65% fall in both the S+P and DOW continues to nerve global markets and today was no different. Technology indices are affected across the globe, but then they have been the hot topic for a few years now. In Asia it was no different today with China […]

This winter is starting off colder than the last two years. My biggest concern is that all the nonsense about Global Warming is preventing us from preparing for the real trend – Global Cooling. Even in the Bible, there is the story about Joseph warning the Pharaoh that there would be 7 years of plenty followed […]

A relief rally after a poor opening for US markets and that confidence did roll into Asia, but only for a short time. The Nikkei opened well but then saw selling and the heavy mood softened the index into the weekend. This trade could also have been a balanced trade for the Yen, which is […]