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Month: January 2016

China to Move to Electronic Currency

The People’s Bank of China held a seminar yesterday to discuss the issuance of a digital currency. The Chinese central bank said issuing a digital...

The Dow

The Dow has fallen back to retest last year’s low. The number we gave is weekly, not daily. So that comes into play for Friday’s...

Why Pegs to the US$ Will Break

Speculation is, at last, starting to rise that the HK$/US$ peg could break. The all-powerful governments are suddenly being seen as no so powerful. The massive...

Real Estate Cycles & International Value

QUESTION: Mr. Armstrong, your real estate cycle turned up from 1955. It does not match the Case-Shiller index which peaked in 1890s and bottomed in 1920 and then...

Market Talk — January 20, 2016

Well, today was fun! Asia suffered from the start with heavy selling across the board. Both the Nikkei and HSI closed down almost 4% with Shanghai losing just 1%....

Davos – The Collapse in TRUST

The most telling sign that we are heading into a real political economic shit storm is the fact that “TRUST” is collapsing on all sides. Obama is...

Snow in Hong Kong? No Possible Way — Or Maybe?

Some people have asked why I bother to follow weather. I became a partner in a firm called Strategic Weather, known today as Planalytics, that is geared toward...

Market Talk — January 19, 2016

Overnight the Chinese data that the whole market was waiting for actually missed on the estimate (forecast was 6.9 but actual came in at 6.8) but all was forgiven...

Crude — What Lies Beneath $30 & Where Will Resistance Stand Here After?

The fear has been that Iran will start dumping oil now that the sanctions have been lifted. Thus, crude has been falling out of bed in a nightmare scenario. The...

The Refugee Crisis is Tearing Europe Apart

The Cologne police are now defending themselves after revealing that they brought the problem of the refugees to Mayor Reker. Politicians are simply trying to...