The Shanghai index managed to hold onto gains for longer than the Hang Seng, but eventually both closed negative. Talk is, that a US/China Trade deal would be forthcoming but with a distinct lack of detail and a possible misinterpretation by markets. Core Shanghai reacted most with a 1.3% decline, while Hong Kong held in […]

Asian markets were buoyant in the hope the meeting between USA and China over the next few days would prove fruitful. Early losses were quickly reversed leading to 1% gains for both Shanghai and the Hong Kong’s Hang Seng indices. The Nikkei gained strength throughout the day, but should be viewed together with a weakening […]

  While NASA has now confirmed that the outer atmosphere is getting cooler, it seems desperately insane for people to keep denying the possibility the Global Cooling is taking place rather than Global Warming when the former brings famine and the latter brings economic expansion as civilizations rise. The rise of Rome was due to […]

It feels as though this is the week that the markets have been building for all year! Having heard late yesterday that the EU 27 had accepted the BREXIT terms it is now up to Parliament to vote on the deal. This vote is expected, though not scheduled, for December 12th so we can expect […]

  COMMENT: Mr. Armstrong; I just wanted to write to say thank you. You saved my marriage. My wife insisted I listen to you because you were right and got me out of gold. You also got me out of Bitcoin and I cannot thank you enough. These crazy people were touting a new age of […]

The Abu Dhabi sovereign wealth fund sued Goldman Sachs on the Pi Target, Wednesday, November 21st, 2018,  for allegedly conspiring against the Middle Eastern fund to further a criminal scheme by Malaysia’s scandal-plagued 1MDB. The suit, filed in a New York court on behalf of Abu Dhabi’s International Petroleum Investment Company (IPIC), names Goldman Sachs […]

QUESTION: Mr. Armstrong; You are rather famous in legal circles and the fact it took the Supreme Court to agree to hear your case before they released you is indicative of the deep corruption in New York. This seems to be like the disgrace of Lord Bacon who took bribes from litigants. Do you think […]

A quiet yet steady session for Asia as continued news of Sino-US trade talks probably hinder progress. What we continue to see recently though, has been the progressive move into the US Dollar. Again today the move fluctuates along with equity movement. The Hang Seng and Shanghai indices managed a near 1% return despite both […]

Only two of the core Asian indices opened better this morning and even they backed into negative territory. The Nikkei and the SENSEX were the two, but both were back in the red within the hour. Nerves, poor data, sentiment, lack of investment and the US volatility are all reasons being provided for the negativity […]

Although the Asian markets opened weaker, that proved to be the days low and all recovered from then on. That said, the Nikkei, New Zealand, KOPSI and ASX all finished lower with Japan actually losing 2%. In late trading we are seeing a small recovery for the Nikkei futures but with that the Yen is […]