QUESTION: Mr. Armstrong; I have tracked the IMF forecasts alongside yours and it clearly appears that they are mimicking you very closely. However, something strange has taken place, for now, their latest warning it seems to be politically motivated. Lagarde warns that the U.K. economy will contract with a hard Brexit. Is this coming from […]

QUESTION: Mr. Armstrong; I have a hard time envisioning this age of knowledge some claim is behind cryptocurrencies and others claim is behind robots that necessitate a guarantee welfare system. Do you give any credence to these type of forecasts of the long-term future? BG ANSWER: No. This idea that we advance to a higher state of […]

  A secret report by the US defense chiefs warned President Bush that Global Warming was such a great threat that it would destroy the United States and major European cities. They told the President that cities would sink beneath rising seas and Britain would be plunged into a “Siberian” climate by 2020. They warned that […]

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 […]

  Unusual Snowfall in February 2018 that Reached Down to Rome COMMENT #1: Mr. Armstrong; It was snow flurries here in Rome already. This looks like a bitterly cold winter this year as you said. Roberto COMMENT #2: Marty; I live just down the street from your old place in Kensington. It is snowing already. […]

Another negative day for Asian stocks as concerns over US/China trade wars and emerging market jitters continue. The timeline pasted for additional US sanctions which caused a small up-tic in prices ahead of the US numbers and the weekend. The Hang Seng managed an almost unchanged close, whilst Shanghai recovered much of the mornings levels […]

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; Our government here in Argentina has told us we should expect more poverty and there is no hope for the future. Socrates has been amazing on its forecasts on our currency. There are enough of us down here who would sincerely ask would you consider advising Argentina to straighten out our economy […]

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 […]

There is a site that is doing short-term Earthquake forecasts who has a very good track record known as Dutchsinse. He has a very good track record for forecasting events near-term. Of course, this is still not mainstream. It is very strange when people can improve on forecasting they are just ignored. Our models are […]