QUESTION: Mr. Armstrong, it was a pleasure to meet you here in Paris. You said that Le Pen should beat both the socialists and conservatives. Is this what your computer has forecast or was this your opinion? PC ANSWER: Our computer projects that Le Pen will beat the socialists and conservatives. That may sound nuts, […]

A mixed session in Asia in what was very much an overhang from Friday’s session but also very weary of the Fed in two days time. It is interesting that European equities continue to trade heavy (DAX, CAC, FTSE -1.75%) into the Fed, despite Mario Draghi’s comment earlier this morning. There are rising concerns about […]

  COMMENT: Dear Mr Armstrong,I just was looking at your blog entry about the Republican higher-ups choosing their candidate against the voters.I always tell people this story when something like that comes up. I was a Ron Paul supporter back the last time he was running. I lived in Massachusetts, a little north of Boston. […]

Asia managed a mixed session torn between the falling oil price and the Dow’s rally. Europe was very sure what should happen when oil was hit again this morning. WTI and Brent fell another 1.5% on the back of an earlier report from the IEA (International Energy Agency) and they are forecasting a slack in 2016 based […]

China’s trade surplus did not live up to expectations, and as a result, we saw weaker prices across all major Asian indices. Shanghai and HSI were both down around 1.5% whilst the Nikkei lost only 1%. The Nikkei did attempt to lead the pack when Q3 GDP saw a small recovery, but when the mood within […]

QUESTION: Why do you do not see that money must be backed by something tangible? ANSWER: That is an antiquated barter perspective; you are blind to reality. Your proposition is that only gold has value and you yourself are worthless. This idea of fiat money is just out of line with reality. The traditional definition […]

The Investor level of Socrates is live by invitation only. Invitations can be requested at www.ask-socrates.com. This is ONLY the Investor level for the average person without reversals and arrays, which will be provided in the Trader level beginning January 1. Here you have the choice of selecting a 30-day trial for $10 dollars, which […]

Asia saw a mixed session with prices marginally lower, but not too much to write home about. It was not until Europe opened that we started to see a pick-up in volatility that provided dealers with something to talk about. The oil and energies market provided the discussion point with TWI, Brent, and Nat-Gas all […]

Politics in France are changing and the shift underway is ahead of the 2017 presidential elections. Today, France’s far-right National Front won almost 30% of the vote. Between the high taxes, abuse of socialists who have driven the economy into the ground (as evident by the share market decline when everyone else had been making […]

The U.S. real estate market has turned for the top end has peaked. Luxury homes for the top 5% are now off by 2%. In my personal search, I have been looking at homes in Florida for the past year. Some of the high-end homes they showed me on the beach were still on the […]