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August 20, 2018
The Turkish court has rejected the appeal to release Andrew Brunson, who is the alleged US pastor at the center of a dispute between Ankara and Washington. While he has been there for 23 years, his new Church of the Resurrection has existed for less than a year and it had only 25 members. From […]
July 27, 2018
John McCain is one politician I have no respect for whatsoever. My opinion of him was formed before his war against Trump. His background many have viewed as a real traitor who sought to save himself compared to Snowden all the way to being of highly questionable character given he was responsible for the death of so […]
July 24, 2018
It was business as usual in most Asian markets today, with the Yuan declining followed by a rallying stock market. The Yuan hit it lowest level (6.8255) in over a year today, as market fears the support has been side-lined. The Shanghai index continued its firm run gaining an additional 1.6% today with constant support […]
July 23, 2018
The market is again balancing the idea of whether or not the Yen is a safe-haven currency! Today, we saw a move back into the mid 110’s in an almost flight to quality run following weaker Nikkei, ASX etc. Japan was a bag of nerves today following the sell-off seen in JGB’s as 10yr rates […]
July 18, 2018
A pretty mixed day in Asia today with a small improvement for Japan, whilst the China decline continues. Having heard the comments from FED Chair Jerome Powell, markets assumed a hold mentality with volumes reflecting the uncertainty coupled with summer lull. The Nikkei did add +0.5% onto yesterdays numbers, but at the expense of the […]
July 18, 2018
Believe it or not, Chinese start-ups have for the first time collected more venture capital than newly established US companies in the past quarter. This is reported by the South China Morning Post . Almost half (47%) of the venture capital used worldwide was spent on start-ups from the Middle Kingdom. The American start-ups were only just over a third (35%). […]
July 13, 2018
QUESTION: What is your opinion of Trump’s Supreme Court pick? MG ANSWER: The main decision that I believe allows us to pierce the veil of judicial reasoning is Susan SEVEN-SKY v. Eric H. HOLDER, 661 F.3d 1 (2011). In this decision, Judge Brett Kavanaugh did not join Silberman’s opinion. Instead, he wrote a sixty-five-page opinion that argued that the court could […]
June 16, 2018
The pitch by various ancestry operations is to send in your DNA by spitting into a vile and they will tell you your ethnic background. Sounds nice, but they then keep it. Why? The greatest danger is that such info can be turned over to the government at any moment. Giving up your DNA is […]
June 15, 2018
COMMENT: Sir, After reading your blog post about the 300% increase in the cost of healthcare for refugees, I wondered the cost in this country for illegal aliens. Healthcare. Education. Food stamps. Etc. I googled anywhere from 3.4 to 11 billion dollars from health care alone. I laughed out loud after reading the above. You […]
June 8, 2018
QUESTION: Mr. Armstrong; There are these people so desperate to argue that cryptocurrency will change the world, I have heard the same pitch behind gold and I suspect most are just goldbugs who gave up and moved to cryptocurrencies. The same arguments of fiat and central banks are at the base of this as well. […]