The entire issue of raising the minimum wage is so distorted and the press just jumps all over it and plays it like the rich v the poor. Obama will announce that he will sign an executive order increasing the minimum wage from $7.25 to $10.10 for new federal contracts. But what people fail to grasp […]

Ukrainian Prime Minister Mykola Azarov resigned on Tuesday. This much is true. Part of the compromise was to appoint a “member” from the opposition as Prime Minister. That is really a powerless position for the real power lies with the  President Viktor Yanukovich. The former boxer-turned-politician Vitaly Klitschko and others have shied away from taking the […]

QUESTION: Mr Armstrong; Can you explain why the Chinese share market has declined since 2007 yet China’s economic trade flows are only now starting to decline? This is extremely confusing when the mainstream press has touted China as supporting the world economy. I suspect you are the only one that can answer this question. Thank […]

The Global Market Watch has been posted for the close of January 27th, 2014. Global Market Watch

While in the USA and Europe, this idea that banks have to be saved at all expense is quite absurd. Iceland let its banks fail and the collapse ended the process and a rebirth began. The same is true during the Great Depression. The collapse in the US share market was just 34 months and […]

HSBC is denying people the right to withdraw their own money and are demand you prove why you even want it. The arrogance of these people knows no bounds. They are all getting full of themselves when it comes to this nonsense of Money Laundering demanding you have to PROVE it is your money, WHERE […]

I have stated for years that the banks are NOT great traders – they are manipulators. You can tell the bias and untrustworthiness of mainstream press for just about every organization criticized Greg Smith’s book – Why I Left Goldman Sachs. Any journalist who dared to support Goldman and diminish what Smith wrote about is […]

The dollar haters remain fixated on supply is supposed to determine value with a very myopic view that never considers DEMAND. They simply cannot understand why the dollar has not collapsed and in turn cling to some wild all-powerful conspiracy behind the strength of the dollar. I have stated countless times, the money center banks […]

QUESTION: Mr. Armstrong; Thank you so much for what you do. My son actually introduced you to me. He works in New York at a major bank and says everyone reads you because you actually have experience. He said there is talk about electronic money, but was not entirely sure why the banks are behind […]

The rout in the US share market has many talking heads patting themselves on the back. But this is by no means a major high. The Cash SP500 had finally broken out above the Breakout Channel. It is typical to come back and retest it before advancing. The cash closed at 179029 and the channel […]