A House committee last week advanced serious legislation to combat climate change. Biden already went to OPEC to ask them to increase production because gasoline prices have jumped. These people are hopeless. They are passing legislation for an agenda and cutting off the supply BEFORE there is a system with renewable energy, which is only […]

ASIA: China’s sprawling real estate developer, Evergrande, has the distinction of being the world’s most debt-saddled property developer and has been on life support for months. The rating agency Fitch said this week that default “appears probable.” Moody’s, another ratings agency, said Evergrande is out of cash and time. Evergrande is faced with more than […]

ASIA: The SENSEX and Nifty50 were closed today to honor Ganesh Chaturthi. We wish those celebrating a happy holiday. The major Asian stock markets had a green day today: NIKKEI 225 increased 373.65 points or 1.25% to 30,381.84 Shanghai increased 9.98 points or 0.27% to 3,703.11 Hang Seng increased 489.91 or 1.91% to 26,205.91 ASX […]

ASIA: China’s GDP grew by 7.9% year on year in the second quarter of 2021, which was lower than the Caixin survey of economists that showed the median estimate for the second quarter was 8.2% growth. Chinese economists broadly agree that China’s potential growth rate is 6%. So, taking into consideration the base effect, China’s […]

  Erin O’Toole COMMENT: Hi Mr. Armstrong. Hope you are well Sir. My name is [R]. I wrote you a few years ago. Writing you from Canada. Just a note on our election here. Erin O’Toole leader of the Progressive Conservative party, is just like Trudeau without the hair and charisma. Same policies. Loves the […]

Let me explain something. What I have pointed out about gold is that it DOES NOT rally merely because of inflation or the rise in debt. It will rally when we are looking at the collapse in confidence. The central banks have no desire to raise for their own budget will blow apart. The Fed […]

QUESTION: I have listened to the goldbugs for years. But it seems as though they always say the same thing that the dollar will crash because of debt, the stock market will crash and the only thing to survive is gold. But this advice has missed everything for years. I was told to listen to […]

Perhaps you will recall the early claims that there was a link between the lab in Canada and Wuhan, which were immediately called a conspiracy theory so they do not have to answer them. The samples of the first version of COVID match what was created in the National Microbiology Laboratory in Canada. Also buried […]

ASIA: China’s President Xi Jinping said China will strive to hit key economic and social development targets set for this year, even as authorities maintain an aggressive approach to containing Covid-19. Xi said China should push for high-quality development and better coordinated policies around development and safety. He was speaking during a visit to Chengde […]

https://www.youtube.com/watch?v=7mqR_e2seeM   I have gotten a lot of emails regarding AI and what is the difference between Socrates and the AI being deployed by BigTech? I think this documentary provides a scary view of what is wrong with AI as it has been used by BigTech. To provide free access to “users” they must to […]