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Market Talk – June 17, 2020

ASIA: India has conveyed to China the fact that the deadly clash in eastern Ladakh on Monday night will have “a serious impact” on relations between the two countries. Foreign Minister S. Jaishankar shared this with his counterpart in Beijing in a phone conversation today. Both sides agreed not to take “any action to escalate […]

German Debt Grows by €412 Billion Euros

Germany’s debts are growing by almost half a trillion euros this year due to the corona crisis — and have thus reached a new historical high. In 2019, the Germany public debt was €2.053 trillion euros ($2.3 trillion dollars), which was decreasing marginally by about €145 billion since 2018. This amount worked out to be […]

The Fed is Trying to Hold up the World

QUESTION: What is you opinion sir on default on the debt when the FED is bailing out the world on it debts as fast as possible, including the 15 central banks with the “swap lines” loans to these central banks?? A Excel sheet is on the N.Y. FED web site with the list of the […]

Market Talk – June 12, 2020

ASIA: Twitter has removed more than 170,000 accounts from its platform after the social media site found state-linked influence campaigns from China focusing on Hong Kong protests, Covid-19, and the US protests in relation to George Floyd. The company announced on Thursday that 23,750 core accounts, and 150,000 “amplifier” accounts that boosted the content posted […]

Hong Kong & Sanctions

QUESTION: Mr. Armstrong; Hong Kong is the source for US dollars for China. If Trump imposes serious sanctions, this would actually lead to a shortage of dollars in Asia. What do you see as a possibility in the middle of this madness? HJ ANSWER: The actual composition of the sanction from the United States remains […]

British Pound Down & Dirty?

I have received a lot of emails from Britain asking if Boris is the new reason for the collapse of the pound. Fundamentals always emerge to support the projected trend. Boris is approving contact tracing which will undermine the economy dramatically. This is a plot by the socialists to realize their Marxist dreams. The press […]

What is Different This Time Between 1987 & 2020 – 33 years Later?

QUESTION: Marty, I was there at your 1987 conference on the weekend of the crash. I was amazed, with many others, that you were able to say the futures would drop 10,000bp and bottom with the ECM and then make new highs. I don’t have to say many did not believe that forecast. What is […]

Market Talk – June 5, 2020

ASIA: China is considering using about USD 28 billion in proceeds from government bond sales to help address risks in the banking sector, according to people familiar with the matter told Bloomberg. The debt will be part of the total issuance planned by the central government in 2020, and it’ll be used for measures including […]

The Road Ahead – A Complete Mess

QUESTION: There is a theory that the markets are rising because of the riots as the anarchy makes it more likely that Trump will win re-election. I’m wondering if the Dems remove Biden and replace him with a better candidate if this will cause the markets to tank. SMD ANSWER: I understand that is the […]

The New Norm – Social Distancing Forever

In discussions behind the curtain, it appears that there is also a hidden agenda to embrace Bill Gates’ virus for the purpose of suppressing our freedom. The Marxist Socialist Model that took over the world beginning with the Progressive Era at the turn of the 19th century is collapsing.   The unfunded liabilities and the […]