Asian markets were unsure in what to do when the news of Comey’s dismissal arrived over the tapes and will probably be debating that again in Thursdays trading. Core markets closed mixed today with a positive close for the Nikkei (+0.3%) accompanied by the Hang Seng (+0.5%) and the ASX (+0.6%), but saw a […]

The view that BREXIT is a creating uncertainty in Europe with the swell of populism, the demand for dollar denominated debt has been strong over the past year. This has led to more debt being racked up at a faster pace than ever in US dollars among emerging markets, which stood at about 50% of […]

Le Pen conceded but will lead her Party in the Parliamentary elections next month. Macron paid a token gesture saying he understands the anger of 35% of the people who voted for Le Pen. Nevertheless, while the mainstream parties collapsed in France warning that the entire population really voted against the establishment, the sad part […]

Emmanuel Macron and his staff were the target of a major co-ordinated computer hack on Friday night with only 48 hours before the election. This is similar to the cyberattacks that hit the Democratic Party during Hillary Clinton’s presidential campaign last year. Macron’s campaign announced Friday that tens of thousands of its internal emails and […]

QUESTION: Mr. Armstrong; I am a law student in London and have reviewed your case after going to the premier here in London of the Forecaster. My professor said your case was “stitched up” and is indicative of how corrupt the American judicial system has become. They ordered you to turn over assets, refused to […]

  Poland represents a major threat to the EU. The entire idea of the EU was the propaganda that Member States would successively grow into a real Union through a longer integration process. GDP was supposed to grow, not decline, and the threat of war would vanish by surrendering sovereignty to Brussels. In reality, the […]

QUESTION: Mr. Armstrong I live in Israel and today I listened to your podcast with Macrovoices. At some point you mentioned that there is more oil in Golan heights than in Saudi Arabia -and this oil belongs to genie energy. Is it true? How can it be that nobody knew nothing about this in Israel? […]

Given the long weekend approaching in Japan, there was no let up for the yen weakness today as we broke into the 112’s finally. The Nikkei closed better bid as Exporters again rallied off the back of the declining currency. Many are speculating we breach the 20k again next week, but given so much is […]

QUESTION: Why do you support the fed in what you call elastic money and not a gold standard? ANSWER: As usual, you listen to the nonsense about how the Fed is owned by the banks and is responsible for probably everything evil from creating wars to probably killing JFK. The entire use of “elastic money” […]

Volumes are always low when many markets are closed and that is what we saw in todays trading. Under those conditions the Nikkei returned a positive performance as the Yen continued Fridays heavy theme having spent much of the day in the high 111’s. This is not a huge move but a weaker currency will […]