The Abu Dhabi sovereign wealth fund sued Goldman Sachs on the Pi Target, Wednesday, November 21st, 2018,  for allegedly conspiring against the Middle Eastern fund to further a criminal scheme by Malaysia’s scandal-plagued 1MDB. The suit, filed in a New York court on behalf of Abu Dhabi’s International Petroleum Investment Company (IPIC), names Goldman Sachs […]

The rumor mill has been hot concerning Malaysia and Goldman Sachs for the past two years. As it was turning into a criminal investigation Lyod Blankfein coincidently decided to step down at age 63. That was announced last March when he said he would step down by the end of the year. Then in July, Blankfein […]

The U.S. Justice Department’s charges against individuals related to the pillaging of the Malaysia investment fund known as 1MDB offers several new insights into the global, multibillion-dollar scandal. But there is something the press is overlooking. The senior Goldman Sachs banker in Asia who pleaded guilty to U.S. bribery and money laundering charges and his deputy […]

QUESTION: Thank you, Mr Armstrong, for your lifetime work. mindblowing as always. I picture Europe now as Greece during the Roman Republic (before its conquest). isolated, corrupted to the core. And the US as the new Roman Republic. Will it become an empire after 2032? Marius was the man of the people and in the end, […]

Vladimir Putin tried to reform Russia’s pensions system which is crumbling as is the case in the West. This giant Ponzi Scheme is collapsing and it has been the heart of Socialism. Putin’s approval rating plummeted this year in the aftermath dropping from 82% in April 2018, dropping to 66% here in October 2018. His decision to […]

QUESTION: I too am French and nobody in school ever connected the weather to the defeat of Napoleon even with so many deaths on his failed invasion of Russia. History is interesting, but it seems to be taught based upon some political agenda. What would you recommend for students to study since the formal education […]

QUESTION: Mr. Armstrong; I cannot tell you how much I respect your work and your computer. It is so obvious that you have been correct on every market. Even last year at the WEC you warned that interest rates would continue to rise and the stock market would not Crash and Burn. My hat is off […]

QUESTION: With Bob Woodward joining the plot to overthrow Trump, do you think he can survive? KA ANSWER: No. Woodward says he recorded all his interviews. I do not see him as just making this up with a personal opinion. That does not say what he has been told is true. It is unlikely that […]

This year’s World Economic Conference in Orlando will be the launchpad for what is to unfold as we move into 2020. We are holding it after the elections November 16-17 but as we move into the Pi Target on November 21st, which is typically most important politically. This has been the turning point marked 911 […]

  Japan was the outlier today after the majority produced a positive return. After an initial surge the Nikkei fell back into negative territory where it spent the rest of the day. Exporters, energy, base metals and banks fell victim to todays weakness and probably not helped by the Yen’s strength. In late US trading […]