Central banks do not play games with the markets but it sure feels like we are being played by someone! Earlier this year the Bank of Japan, Federal Reserve and the European Central Bank all had similar balance sheets at around $4.5 trillion.  As we know, over the past ten years all three have risen from lower levels but have […]

QUESTION: I read a credible theory recently about China taking over US as the top superpower via economic pressures. Namely by replacing the US dollar with the Yuan as the standard currency for international trade. This shift is (supposedly) being enacted through 1) increased control over Developing countries through international lending from the New Development […]

The Spanish state police violence have turned against the people showing that they are clearly still a fascist reign supported by troops. Riot officers have been firing rubber bullets at crowds protesting in a Barcelona street, sending people running for cover. Countless are injured. This demonstrates that Spain is not a place for investment and one […]

The BBC has come out and reported that three million savers in Britain in what is known as final-salary pension schemes only have a 50/50 chance of receiving the payouts they were promised, a study has concluded. We issued a special report on the rising Pension Crisis and it has been unfolding on schedule. The […]

QUESTION: Dear Marty, I sure would appreciate any thoughts you have on rumors making the rounds that the International Monetary Fund has tipped its hand, in part via its June 2017 “Fintech and Financial Services: Initial Considerations” IMF Discussion Note, and intends to replace the US Dollar as the global reserve currency as early as […]

QUESTION:  I wonder if you would care in a future blogpost to cast some light on the following? The sole ‘legal tender money’ in the final analysis is the FRN (Federal Reserve Note — coins aside) collateralized by the Fed’s assets.All other ‘money’ is private bank credit money or suchlike,including Money Market Funds and other […]

QUESTION: Hello Mr Armstrong. I understand the logic of the weakness / strength of currency that you outline from time to time in your modelling of the global crisis. You omit to explain the importance in the pace of change in the value of a currency; for instance Venezuela and Argentina according to your explanation […]

QUESTION: North Korea needs food. I believe we negotiated the Russian wheat deal in 1973. Would waving the prospect of food turn the North Koreans away from war. The condition would be that they deactivate their H bombs. CM ANSWER: What I tried to explain is Kim Jung Un’s perspective. One thing my father taught […]

Think we should just probably forget the Asian session as all were waiting for the US numbers and hoping for some direction as a result. mixed cash session but we are seeing some positive moves in futures following the US numbers. Europe sees the core perform (CAC and DAX both around 1% better) while the […]

How is it possible that we can have legalized class warfare and politicians run on extorting the rich at gun point with threat of imprisonment if they do not pay their “fair share” which is somehow a higher percentage than everyone else and this miraculously does not violate Equal Protection and Justice for All? The […]