ASIA: India announced a nationwide lockdown starting at midnight to contain the novel coronavirus. The duration of the lockdown will be 21 days. India also announced 21.5 million USD of fund allocation to strengthen the health infrastructure in the country. The total cases of coronavirus have surpassed 500 in India. India’s central bank, the Reserve […]

Looting begins whenever there is a crisis of this nature and stores are ordered to close, such as during hurricanes or earthquakes. In Panama, the looting has begun. There are 200 cases of the virus in Panama, and most reported cases appear to be imported by travelers. Many places are refusing to test people unless […]

ASIA: In an effort to counter the coronavirus outbreak in the country, 75 districts across India, including major cities such as the capital New Delhi, Mumbai, Bangalore, Chennai, Hyderabad, and Kolkata have been placed under travel, work, and movement restrictions until March 31. So far, India has reported 415 active cases of coronavirus, including 7 […]

QUESTION: You seem to always be against conspiracy theories except that it always comes down to government against the people. Why are most of the bankers Jewish? Do you have an explanation for that? JE ANSWER: If you simply knew your history you would realize that both the Catholics and the Arabs maintained it was […]

QUESTION: Dear Mr. Armstrong, Thank you very much for your dedication and hard-work educating those people that are willing to listen. Thank you for being here with us during these turbulent times and being that beacon of light we need so desperately. When do you foresee this chaos to end? People are afraid and are acting really […]

COMMENT:  Trying times. The news just seems to keep getting worse. Not the actual news about the virus itself, but rather, the wake of destruction left behind the actions taken to “flatten the curve”. As a Californian, it seems like Newsom is spreading panic rather than mitigating it. My wife and I have been diligently […]

There is no question that the fundamentalists #1 Golden Rule has been when stocks crash, run to bonds. We are entering the collapse in public confidence and this is BEYOND the central banks despite the massive attempts to intervene. Keynesianism is DEAD!!!! We have entered uncharted territory which is the darkest fears of academics for […]

ASIA: India reported two more deaths due to the coronavirus, bringing the death toll to five. The Indian government announced a total ban on flights by scheduled international passenger aircraft at Indian airports from March 22 to 29. Prime Minister Narendra Modi requested in his address to the nation to not come out of their […]

ASIA: The Indian Bank Association had an emergency meeting on Monday evening to explore ways to lend a helping hand to businesses hit by the COVID-19 outbreak. During the video conference meeting called on short notice, they discussed possible credit lines and special benefits that could be given to certain sectors such as transportation, travel […]

The moves by the Fed on the weekend were really stupid. The market plunged for 2 days since their emergency measures and this is what undermines confidence. When capital begins to witness the failed measures by central banks as we have warned, this sets the stage for the slingshot which requires the sudden shock of […]