In Germany, Martin Schultz wants to give refugees the right to vote. So if he cannot win with Germans, he wants to give the right to vote to refugees to win by bribing them. The German politicians are now giving them apartments they are constructing that cost about €3 million each. The construction costs actually come out […]

After denying that British and other European intelligence agencies have intercepted communications between Donald Trump’s staff and Russian citizens and other Russian citizens during the campaign, the truth has come out that they did exactly that. The Guardian, which has also been extremely anti-Trump, reported: “Britain’s spy agencies played a crucial role in alerting their […]

Asia traded heavy with the yen making new recent highs in the continued flight to quality/safety. Interesting we have seen such a tight trading range as we near almost half year lows and in rather thin volume. The blame continues to be placed at the feet of geopolitical tensions, France’s upcoming elections and the uncertainty […]

Nervous markets again with US military positioning headlines for most of the session and that led to safety moves back into the JPY. Having broken the 111 handle early, next target was the 110 handle. Many did not expect the US trading hours to take it as far as it did (109.65 -1.1% last) levels […]

QUESTION: Mr. Armstrong; I read the quote that Kenneth Rogoff made about the predictions of the attendees at Davos. He told Bloomberg: “A joke, which I have been telling since the last meeting in Davos, culminates in the fact that the predictions made in Davos are always wrong… No matter how unlikely, the most likely event […]

Asia saw a mixed session today with almost everyone discussing the rising geopolitical tensions in the region. The initial move into safe-haven trades appeared to be short-lived and so we saw yen trade back into the mid 111 range having rejected the 110’s. The DXY closed strong on Friday and continues to trade strong. Exporters […]

Credit Suisse was raided in the hunt for tax money all throughout Europe. They took out ads last Sunday in the Sunday Times, Sunday Telegraph and Observer in London, all saying that they were a “response to recent reports about tax probes in various European countries”. The hunt for taxes has continued to target Switzerland […]

With all the attacks upon Trump as having some covert connection with Putin to defeat Hillary when nothing hacked from the DNC was ever said to have been faked or altered, just released, one must wonder has this suddenly influenced Trump to attack Syria to prove he is not in league with Putin? If the […]

QUESTION: I have concluded that you are the most censored analyst perhaps in history and they always said you were the guy who knew too much. I even read that in a new book entitled, Occupied, mentioning you. The fact you are being censored proves what you have to say is the real thing and someone […]

After two days of national holidays, the main Shanghai index opened with strong buying demand with many anticipating positive comments when President Xi Jinping meets President Trump in Florida on Thursday. The Hang Seng also closed positive (+0.6%) but nowhere near the +1.5% seen for Shanghai. In Japan, the Nikkei recorded a higher close but […]