COMMENT: Mr. Armstrong; I find your analysis refreshing here in Europe. Sometimes we cannot always look in the mirror objectively. You are correct that perhaps the greatest fault in trying to create the euro has been this idea of forcing one culture upon everyone in Europe. The feelings about the EU are very different in […]

  QUESTION: Sir; I have noticed that the Roman and Greek hoards of coins you have offered are silver. You do not offer hoards of bronze coins. I have two questions. First, are broze hoards less common? Second, why have you been a buyer of large hoards to begin with? Thank you LW ANSWER: There […]

  An end of month rebound saw healthy gains for China’s core markets as well as other periphery. The last day of the quarter, coupled with a softening rhetoric surrounding US/China trade negotiations helped sentiment and cash flow. Core Shanghai bounced over 2.2% with the Hang Seng not far behind at 1.6%. Month and quarter […]

Asia certainly showed its distain after the disappointing close on US markets. Japan, India and ASX all opened lower, but reassuringly they were the days lows. The Nikkei spent much of the day recouping lost ground and with the help of a weaker currency., finally finished marginally positive. The SENSEX did not fair so well, […]

QUESTION: It certainly seems that the cryptocurrency world has its flaws and may even be worse than traditional bank accounts and credit cards. They keep getting hacked. So they are trying to defeat central banks but may be running into the arms of scammers and thieves. I read one guy even claimed Bitcoin would be […]

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 […]