I have been warning that Global Warming is profitable for governments. They paid these academics $1 billion to come up with dire forecasts that ignore nature, cycles, and history, all to justify taxing people that will never actually impact anything nor balance their budgets. Canadian households in Alberta, Saskatchewan and Nova Scotia will be hit […]

The the first debt bankruptcy of a major corporation in China has now taken place here on schedule in 2018. This first bankruptcy of a major corporation was due to over-indebtedness which occurred in the current year. The South China Morning Post reported that coal company Wintime Energy has been forced to cease operations after failing […]

  The strength of the USD is starting to become a lot more visible over the past 48 hours. In some countries, its looks as though currencies require a helping hand just to slow their downward spiral. In Japan the battle surrounding the Yen being a safe-haven or not continues, but looks to be losing […]

QUESTION: Mr. Armstrong; I found your recent article on inflation and contagions fascinating. Am I correct in summing it up that today because currencies are not commodity based, they rise and fall on anticipation of political events whereas under precious metals contagions took place by one country debasing compared to another? Thank you for your […]

Japan was the only one of the core to distance itself form all others and close positive (+0.45%) on the day. That is probably because the Yen lost ground and seems to have finally broken that correlation play for now. Declining energy prices was the main talking point for Asia, but that started late last […]

COMMENT: Sir, Your blog about the “Deep State” being nothing more than the bureaucracy made me laugh. If memory serves, didn’t some of the Chinese dynasties implode because of bureaucracies? Or am I being nearsighted and all governments typically implode because of bureaucracies? On a fractal level, don’t all corporations implode because of their bureaucracies over […]

Just when the markets started to rejoice in the fact that there had been no recent escalation of trade wars and then the silence is broken. Early in the Asian trading day the US released a list of additional tariffs which are assumed to total close to $200bn. This number has wobbled equities and put […]

QUESTION: Mr. Armstrong, I thought you would be wrong on the pound. I will yield to your forecasts. I do not know how you do it forecasting so many things around the world and getting them right no less. Reading between the lines who have written, on the one hand, you have said that Brexit […]

  We now have another volcano erupting in the Pacific. The second one happened in Indonesia. Mount Agung on the Indonesian island began to erupt on Thursday forcing evacuations. More than 400 flights had to be cancelled because planes cannot fly through volcanic eruptions. I have been warning that simply correlating all the data illustrates that […]

The deep minimum of Solar Cycle 23 and its potential impact on climate change has been interesting. In addition, a source region of the solar winds at solar activity minimum, especially in the Solar Cycle 23, the deepest during the last 500 years, has been studied. Solar activities have had a notable effect on palaeoclimatic changes. […]