Just when you thought President Recep Tayyip Erdogan was really off the reservation, he suddenly appears off the planet. Erdogan has appointed HIMSELF as chairman of Turkey’s Sovereign Wealth Fund and got rid of the entire management staff. It looks like Erdogan now thinks he can force the free market to do as he commands if he […]

It did look as though we may have seen a better day for core Chinese markets initially, but sadly today was not that day! Having seen positive moves in early trade, price action returned negative following the regional trend. Shanghai (-0.2%) was disappointing but is trending lower as headlines seem to run confidence. The Hang […]

COMMENT: Mr. Armstrong; The chart you posted on the Venezuela share market really made me see what you have been saying. Collapse the confidence in government and capital flees to the private sector. This is never taught in school! You have to write a book for posterity. Please! RW REPLY: The Venezuelan share market has soared […]

QUESTION: Mr. Armstrong; I take it your concern over Trump from the market perspective is the sheer uncertainty that is evolving. How do you see this playing out for the world economy? Thank you. I agree. These people who hate Trump just hate him so passionately. MRU ANSWER: Markets do not like UNCERTAINTY. These people […]

QUESTION: Mr. Armstrong; Is it true that the Global Cooling has been creeping lower and lower into Northern Florida that the citrus crops are being affected to the point that they are starting to switch to olives? DT ANSWER: Yes, that is true. Florida here has not been devasted by the heat as up north. However, […]

The US share markets are being driven up by two main factors. First, institutions have sold the market assuming there would be a major crash. In February at the lows, Goldman Sachs was forecasting that the market could plunge another 25%. In May, Goldman Sachs again was warning that the next crash will be worse because […]

QUESTION: Mr. Armstrong; I read your Mayan report and it was fascinating. Do you think that these strange anomalies of places that are cool experiencing hot summers and where it should be hot have been getting cool are a prelude to climate change that may be the preparation for the flipping of the poles? EK ANSWER: […]

Many questions have come in about connecting the dots. I want to explain a critical point. Both Democrats & Republicans have one thing in common. They do not consider us “We the People” but rather “We the Subjects” which is a significant difference for we are also the Great Unwashed. Both John McCain & John […]

No conclusion, as the US/China trade talks finish, a new PM in Australia, unchanged +0.7% release for Japanese inflation and a rally in oil and gold as the USD turned. All this ahead of Jerome Powell’s Jackson Hole speech and still no volatility. This all goes to show that traditional summer months are difficult to […]

QUESTION: Marty, Socrates has done a fantastic job on platinum. It is just so refreshing to have an analysis that is not biased and always saying buy. It looks like platinum is just a precursor to gold. There is an oversupply and with South Africa in turmoil politically on top of its currency in the […]