The war in Ukraine escalated as a direct result of NATO’s interference. Russia felt backed into a corner, on the defensive, and felt it had no choice but to invade Ukraine in response to heightened tensions with NATO. Even the pope came out and said that NATO was antagonizing Russia by “barking at the Gates […]

ASIA:   Business sentiment among Japanese manufacturers worsened for a third straight quarter from July to September, according to a survey by the central bank, as the world’s third-largest economy struggled with rising costs, a slumping yen and pandemic restrictions. The business outlook for major manufacturers fell to plus-8 in September from plus-9 in June, […]

QUESTION: You said Bucha was not a massacre by Russians but staged by the neo-Nazis. What proof do you have? DF ANSWER: I am glad you believe the one-sided propaganda. I know Ukraine well and its culture. I have reliable sources there. I do not reveal them for I must respect their protection. There is […]

Everyone knows by now that Russia is a top exporter of energy. In 2021, 43% of total exports were mineral fuels, and Europe was the primary buyer. Let us take a look at Russia’s other tools of trade: Mineral fuels including oil: US $211.5 billion (43% of total exports) Gems, precious metals: $31.6 billion (6.4%) […]

ASIA:   The Agricultural Bank of China will provide more than 300 billion yuan ($43.3 billion) in loans to support the country’s autumn harvest and planting, China Central Television (CCTV) reported on Monday. According to a CCTV report, the loan will focus on areas including grain production, storage of agricultural products, cold chain logistics and […]

There are now 84 million people living in Germany, according to the German Federal Statistical Office. This has nothing to do with the birth rate, which is on the decline. Instead, the number of Ukrainians seeking refuge in Germany caused the population to grow by 750,000 this year. The population in Germany grew by 0.1% […]

  QUESTION: Mr. Armstrong; Nobody knows history better than you. Will QE continue if we end up in war? It seems there would be no choice. Thank you for your very enlightening blog. PG ANSWER: Yes. The Fed was “directed” by the White House to carry out QE during World War II. They were to […]

The 30-year bond elected a major long-term Quarter Bearish Reversal on target. This confirms the long-term outlook that we had warned back at the high that we were establishing a 5,000-year low in rates (high in bond prices). The sell signals on bonds at the end of September are very profound. This is also why […]

ASIA:   The biggest drop in China’s cement production in at least two decades has dragged global production of the building material into decline, showing how the crisis in the country’s vast real estate sector has hit other industries that rely on it for growth. Global cement production fell 8 percent year-on-year to 1.9 billion […]

QUESTION: Martin, I am now becoming confused as to who or what is the instigator of the major global war that is transpiring. You have made the point that the Climate Change Zealots and their claims to end fossil fuels are the cause for inciting WW III. However, you have also made claims that the […]