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Foreign Exchange

Argentina Raises Interest Rates to Support Currency

  Argentina has just raised interest rates to 40% trying to support the currency. I have explained many times that interest rates follow a BELL-CURVE and by no...

Private Blog – The Dollar Rally

Private Blog – The Dollar Rally Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

Has the ECB Been Manipulating the Euro?

There have been persistent rumblings behind the curtain that the ECB has been “frowning” on anyone taking short positions on the Euro. They have already...

Private Blog – The close of March – 1st Quarter Dow-Gold-Dollar

  Private Blog – The close of March – 1st Quarter...

Will the Euro Survive by 2021?

  The results of the Italian election is just starting to sink in. The rise of comedian Beppo Grillo to Italy’s most successful politician, who won 32.7%...

Why Are Dollar Bulls Almost Extinct?

Bloomberg has reported that dollar bulls are nearly extinct down to just 2.3 %. The majority, which is always wrong, are all focused on the nonsense of the budget...

The Monetary Reform of 1857 Ends Legal Tender Foreign Coins

QUESTION: Mr. Armstrong, I found in my grandmother’s belongings a penny from 1855 and one from 1857 which was much smaller and silver in appearance. Was there...

How the Euro Will Be Killed by Politicians

The man who is killing the Euro as a viable currency is none other than Donald Franciszek Tusk who is a Polish politician who has been the President of the...

Gold Factual Sophistry – Here We Go Again

QUESTION: Mr. Armstrong; The goldbugs are saying that China, Russia, India are “rogue” rising economic powers that are rogue nations. They...

Japan Sells US Debt Trying to Ease A Trade War

The Japanese government once again reduced its holdings of US government bonds during December 2017. In total, Japan sold bonds worth $ 22.5 billion. This is not a...