The optimistic rally seen earlier in the week over possible US / China Trade agreement, was soon to face the cold light of day and todays price action reflects just that. Both Shanghai and Hang Seng demonstrated this today as both fell over 2% and closed on the days lows. The Nikkei has also seen […]

QUESTION: Dear Mr Amstrong, Following up on the Magnitsky Affair, you might be in a position to answer a question which has always puzzled me : Has Edmond Safra been murdered by the Russians instead of having died accidentally in his burning flat in Monaco? What is you opinion? Many thanks, VP ANSWER: I knew Dominick […]

The China/US Trade Talks headline obviously spooked both Shanghai and the Hang Seng indices and we saw nervous selling of stock. Shanghai was hit most closing down -1.8% after having seen a positive opening move. However, the tariffs hit today and even though they plan to talk the impact on sentiment is immediate. Prices traded […]

  In Bulgaria, a farmer had one sheep that died unexpectedly and another which grew sick but survived. Both animals returned negative test results for a disease known as ovine rinderpest. The Bulgarian Ministry of Agriculture, Food and Forestry slaughtered the entire herd and paid the farmer below replacement cost to save money for the […]

A very busy week ahead with month end numbers, central banks, inflation data and US employment report. That said, volumes are still extremely low and large orders are few and far between but tend to move markets none-the-less. The weaker tone was probably the residue from US tech markets, despite the late bounce seen for […]

The rush to get into Europe for free welfare has led to a land invasion of Spanish territory in Africa. Around 400 African refugees stormed the beautiful Spanish exclave Ceuta on the border with Morocco just on the African side of the Pillars of Hercules. They have climbed over the double barbed wire fence which are […]

QUESTION: Mr. Armstrong – thanks for your efforts on providing us with links to the Magnitski video. I began watching the video last night and then came back to it this morning and was truly amazed that the link was no longer active. I’m curious. Was Magnitski ever charged with anything and or why were they […]

Merkel’s nightmare is simply beyond description. Now that Europe is trying to at least deport some of these pretend “refugee” migrants from North Africa, the shocking reality is starting to surface. Now 50% of the “refugee” migrants cannot be deported from Germany because nobody can find them. According to a report, every second person to be deported […]

A mixed session at best, but probably not surprising for a summer Friday and just ahead of US GDP data release. Australian ASX was the best core performer gaining +0.9%, helped by the announcement that BHP was liquidating USD assets to BP. Shanghai and Hang Seng closed in opposite directions and again, not too far […]

The late recovery in the DOW certainly offered a vote of confidence into Asia which benefited core Nikkei (+0.5%) and Hang Seng (+0.9%). Shanghai played plus and minus all day only to close almost unchanged as the Yuan saw a small recovery after recent declines. We saw a similar story in India where the SENSEX […]