ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 272.47 points or -0.85% to 31,641.27 Shanghai increased 15.83 points or 0.49% to 3,213.59 Hang Seng increased 47.18 points or 0.25% to 19,299.18 ASX 200 decreased 18.30 points or -0.26% to 7,099.70 Kospi decreased 4.75 points or -0.18% to 2,610.85 […]

ASIA:   According to the World Bank, India’s economic growth is expected to slow down further to 6.3% in the financial year FY 2023/24. This is a downward revision of 0.3 percentage points from the previous estimate of 6.6%. The main reason for the slowdown is attributed to constrained private consumption caused by high inflation. […]

Credit card debt in the US spiked to its highest quarterly level in Q4 2022 after increasing by $85.8 billion. The average American household has about $10,000 in credit card debt, marking an 8.9% YoY increase. Now, Americans are facing $1 trillion in credit card debt due to rising APR and inflation. The Federal Reserve […]

ASIA:   China’s factory activity contracted at a faster rate than expected in May, signaling weakening demand and adding pressure on policymakers to support the country’s uneven economic recovery. The official manufacturing purchasing managers’ index (PMI) fell to a five-month low of 48.8, below the 50-point threshold that indicates expansion, and lower than the forecasted […]

QUESTION: I am writing to you today to seek your expert advice on a much-discussed topic in France: the Lagleize Law. As you probably know, this law, if passed, could radically change the way property ownership is structured in France. The Lagleize law proposes to separate the ownership of the building from the land on […]

 COMMENT #1: Marty, I really do not know how Socrates does it. You were correct. May was a critical target. Bakhmut has fallen not just on the monthly target, but right to the week. It is becoming obvious why the CIA and the bankers went after you. Socrates beats everything even geopolitically. Just amazing. Greg […]

QUESTION: Mr. Armstrong, I originally thought you were just a Putin supporter. Yet as time has gone by, it is becoming very clear that you are correct and that Zelensky is waging this war for the West to conquer Russia. His meeting with the Pope and rejecting his offer to mediate clearly established he will […]

COMMENT #1: I see you are not a 100% diehard Republican or a Democrat. Not sure what that makes you. Perhaps you should run for president. LR COMMENT #2: The more I have looked into everything, the more I see your point. The majority of people think linearly. Everything is just a straight line. It […]

ASIA:   Investors are bracing for a regime change in global markets as the Bank of Japan moves closer to abandoning policies that have depressed the yen for decades, luring Japanese money back home. The yen has gained more than 11% from 30-year lows against the dollar last October and about 9% from eight-year lows […]

It is very interesting that I just purchased a hoard of $20 liberties, all uncirculated like the day they came from the mint and all dated 1904. The source was a foreign central bank. They were going through their reserves and came across this exciting hoard. It just goes to show that sometimes being disorganized […]