ASIA: India’s central bank raised its main lending rate off record lows in a surprise move on Wednesday to contain rising inflation, shocking markets and pushing the benchmark 10-year bond yield to its highest levels in three years. The Reserve Bank of India raised the repo rate – the rate at which it lends to […]

Politicians are using Ukraine as a photo opportunity. Would the most powerful government officials risk traveling there if Kyiv was under constant attack? Would they publicly stroll the streets in Russia’s alleged top target? Third in line to lead the US, 82-year-old Nancy Pelosi, insisted on putting a wall and armed guards around the US […]

ASIA: China’s central bank on Wednesday pledged monetary policy support to ensure ample liquidity, help businesses badly hit by the latest COVID-19 outbreak in the country and support a recovery in consumption. Financing institutions should aim to meet the needs of the real economy, the PBOC said, such as boosting financing for small firms with […]

ASIA: The Japanese yen weakened to more than 130 to the dollar on Thursday for the first time since April 2002, after the Bank of Japan reinforced its commitment to low interest rates despite rising inflation. On Thursday, the bank said it would purchase 10-year Japanese government bonds at a yield of 0.25% every business […]

COMMENT: Dear Martin, So refreshing to see some theory regarding silver other than crazy goldbugs claiming JP Morgan artificially putting down t silver prices for XX years. Still what I find interesting is the weakness of the US stock market. Bonds getting dumped, Precious Metals getting dumped, EM’s getting dumped so everyone is just holding USD […]

  Russia TV called out Borris Johnson for threatening to launch nuclear weapons against Russia. As they aptly warned that Borris has simply lost his mind that the UK is a very small island and one long-range nuclear weapon will wipe out the UK from the face of the planet. They also point out that […]

ASIA:China supports crisis-hit Sri Lanka’s decision to work with the International Monetary Fund (IMF) to restructure its debt, Beijing’s ambassador Qi Zhenhong told Sri Lankan Finance Minister Ali Sabry at a meeting on Monday. Sri Lanka last month unilaterally suspended external debt repayments before approaching the IMF for help. China is one of Sri Lanka’s […]

ASIA: A Hong Kong court on Friday increased a jail sentence to five years, in line with a China-imposed national security law, for a student who called for independence from China in posts on the Telegram messaging service. He has been in detention since September 2020, after police raided his flat and found a pepper […]

QUESTION: I don’t get it, Poland won’t pay for gas in rubles, when I buy something from the US I have to pay in US dollars not Canadian, so what am I missing? CM ANSWER: Politics! Minister of Climate and Environment, Anna Moskwa clearly has zero comprehension of geopolitics. She has come out and said […]

QUESTION #1: Now that Canadian banks have proven themselves completely compromised by Trudeau and his bootlickers, is there a “safer” haven for $CAD? US$ accounts held by Canadian banks are available but are they really any better? D QUESTION #2: Dear Mr. Armstrong, Thanks to your Blog I learned a long time ago that Europeans […]