Culture is changing and much seems to be reverting back to the way it was before Socialism. Before the 1930s, there was typically a large age difference between couples. The boy had to become a man and then approach the father to ask for his daughter’s hand. He would have to demonstrate that he was […]

QUESTION: Do you believe we are going into an ice age? ANSWER: No. At best we return to a mini-ice age and stop there hopefully. There are those who argue that a decline in solar activity, which they cannot deny, will not be enough to offset the human created Global Warming. There are so many […]

COMMENT: Mr. Armstrong; The economy is in a poor state at best because the government just does not know how to manage the state and this proxy war with Saudi Arabia is draining everything here in Iran. What is your view on the economy going forward? REPLY: The lifting of economic sanctions under the 2015 nuclear deal […]

COUNTERPARTY RISK QUESTION:  In regard to counterparty risk when purchasing exchange traded funds or notes: With European banks being under capitalised due to the excessive risk undertaken due to the EU regulations regarding bailouts, how can we measure the threat of each counterparty which has backed each ETF. Would it be safer to consider only ETFs with US counterparties, […]

Currency tended to have more of an effect today in Asian trading, well certainly for Japan anyway! The Yen played between low and higher end of 111, edging lower into the close of the session as earnings failed to match expectation. Late in the US trading day, the Yen was flirting with a 110 handle […]

A mixed trend within Asian trading as the Nikkei, ASX and SENSEX whilst gains were registered in the Hang Seng and Shanghai. That said, volumes were light but the negative trend was supported by the positive move in the Japanese Yen. The currency traded back to the low 111’s as speculation that the BOJ removing […]

Last year, the snow appeared in Spain wiping out the crops and causing rationing of vegetables. This year the snow went down even further and crossed into Algeria covering the desert. So while the Global Warming people are desperate to explain weather as caused by humans, we are ignoring the cycle of the sun which […]

QUESTION: Mr. Armstrong; I find it interesting how you have pointed out that when it comes to public debt, the USA is actually far better than Europe or many in Asia. You also forecast that debt would begin to rise sharply from mid-2017 going into 2021. Do you have any figures to support that forecast? […]

QUESTION: Mr. Armstrong; I want to thank you for defending the Ukrainian people in their quest to overthrow the government corruption. You are a great inspiration here in Kiev. What does your model show for the success of our revolution looking ahead? PN ANSWER:  There are many in the West who know nothing of Ukraine […]

Having witnessed another strong US close on Friday, Asian markets again responded adding to the last week’s gains. The Hang Seng saw strong demand for the housing sector, which was probably the reason that early declines were reversed providing a +0.3% return for the day. Shanghai closed a little better (+0.5%) on the day, but […]