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Digital Currencies & Rations

QUESTION: Dear Mr. Armstrong A question that is worrying so many… Will programmable central bank digital currencies be successful once introduced? Kind regards G ANSWER: Reliable sources are saying that they intend to (1) cancel all paper currency, (2) confiscate all cryptocurrency, (3) impose rationing, (4) wage World War III. Will CB digital currency be […]

Market Talk – February 18, 2022

ASIA: India’s imports of oil from Iraq surged in January to a 29-month high of about 1.3 million barrels per day (bpd), making up nearly a third of the supplies to Asia’s third-largest economy, data from shipping and industry sources show. India imported 4.6 million bpd of oil in January, a decline of about 1% […]

The Fate of Canada Hangs in the Balance

Trudeau has shown the entire world that he is unfit to be the leader of any pretend free democratic nation. He is invoking the Emergence Act not used for more than 50 years to cut off funding for truckers responsible for nationwide protests that have gridlocked the nation’s capital for weeks. But he may go […]

Market Talk – January 3, 2022

ASIA: Singapore’s economy expanded at its fastest annual pace in over a decade in 2021 as the country emerged from its worst recession on record, caused by the deep hit to activity from the coronavirus pandemic. The Singapore economy grew 7.2% in 2021, preliminary data showed on Monday, broadly in line with the government’s official […]

Germany looking for Full Lockdown

Sources in Germany are all warning that the government intends to impose mandatory vaccines following the ruthless actions of  Austra. The Governor of Bavaria, Germany, Markus Soeder, is also for mandatory vaccinations. I have been warning that Schwab is in control of Europe. The central bank is trapped and cannot escape its negative interest rates […]

Market Talk – October 27, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 7.77 or -0.03% to 29,098.24 Shanghai decreased 35.33 or -0.98% to 3,562.31 Hang Seng decreased 409.53 points or -1.57% to 25,628.74 ASX 200 increased 5.30 points or 0.07 to 7,448.70 Kospi decreased 23.59 points or -0.77% to 3,025.49 SENSEX decreased […]

Southwest Airlines Backs Dow And Yellen Forced to Back Down

I have direct contact with many pilots at Southwest and they were reporting that weather had nothing to do with the 1,000 flights that were canceled. Now, the airline was forced to back down and unvaccinated employees can remain. Pilots have been concerned that those who were vaccinated developed blood clots and could no longer […]

Market Talk – October 11, 2021

ASIA: Goldman Sachs has cut China’s growth forecast to 7.8 percent this year from the previously estimated 8.2 percent as the world’s second largest economy faces “yet another growth shock” in the form of constraints on energy consumption. The country is already battling to save Evergrande amid fears that Chinese property behemoth could turn out […]

Market Talk – September 14, 2021

ASIA: China’s sprawling real estate developer, Evergrande, has the distinction of being the world’s most debt-saddled property developer and has been on life support for months. The rating agency Fitch said this week that default “appears probable.” Moody’s, another ratings agency, said Evergrande is out of cash and time. Evergrande is faced with more than […]

Market Talk – September 1, 2021

ASIA: China’s economy stalled this month as the country tried to stamp out a surge in coronavirus cases and contended with the ongoing shipping crisis. China’s economy initially coped with the pandemic much better than many of its peers, recording growth last year as others shrank. But the fallout from the Delta variant and China’s […]