It was time for the Nikkei to play catch-up having outperformed many of its neighbors over the past week. The Nikkei lost around -0.75% for the day, whilst the badly beaten China core finally saw a bounce. Accompanying this Nikkei decline was a flight into the Yen currency with the result being a print with […]

COMMENT: I found it very interesting when my bank would not allow using a credit card to buy cryptocurrencies. A friend of mine in Singapore said the government there has also instructed banks not to honor cryptocurrencies. It appears that government is starting to retaliate against the cryptocurrency world and I must question its viability long-term. […]

  Markets always seem to be waiting for something and even today it appears they were concerned about the BOJ and then later the US/China Trade Talks. The result for cash was that the market felt that the BOJ offered a helping hand after it today downplayed its previous view on inflation. The subsequent bounce […]

QUESTION: Mr. Armstrong, the famous economist Paul Krugman says that debt is ok when we owe it to ourselves. He calls it “deficit scolding” as he wrote in the New York Times. Would you like to comment on this statement? GH ANSWER: Paul Krugman seems to lack any historical understanding of how nations rise and fall. […]

Asian markets did not bode well today, especially after the late sell-off in core US indices. Core Shanghai did attempt an initial rally, but could not find the momentum as Hong Kong sank. Just to close small down was an achievement given the surrounding circumstances. The Hang Seng lost 1% as Tech, Real estate and […]

Obviously, the headline topic throughout Asian and European trading hours was the Singapore meeting between US President Trump and N. Korea’s Kim Jong Un. Interesting the markets were reasonably quiet during the process and even during the hour long Trump press conference. An historic day for sure as just to meet and talk has taken […]

QUESTION: Hi Marty, I hope you’re keeping well? More news from the “EU beacon of light” for you. I’ve enclosed an article regarding Irish pension money in Italian bonds. This is very very scary if true and we really are heading for a disaster from which a little country like ours won’t recover if we […]

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. […]

Asia responded to the uncertain US session by trading lower fro the open. It was only the Shanghai index that closed on its days low (-2.5%), with other core markets showing little trading range and closing almost unchanged from opening levels. US/China Trade negotiations continue to sway with headlines. Hang Seng held-in a little better […]

QUESTION: Martin Thanks again for all you do. The subtext of most of what you talk about is overwhelmingly negative. Inflation, deflation, earthquakes, disease, government default, over taxation….. etc. Am I correct in thinking that despite your advice you anticipate most of your readers, even the most wealthy, will be left with little to hand over […]