Tag Archives: TPP

Jun 30 2018

Another Volcano Erupts in Indonesia


Armstrong Economics Blog/Nature

Re-Posted Jun 30, 2018 by Martin Armstrong

 

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 when the energy output of the sun declines moving into solar minimum, this is when we historically see a sharp rise in volcanic eruptions. The exact cause is not my job to figure out. It probably has some link to gravity.

Nevertheless, the greater the number of volcanic eruptions, the greater trend we will see toward global cooling and that can lead to crop failures and famine. This has NOTHING to do with my personal opinion or some theory I have concocted to support a predetermined conclusion. This is simply the correlation, plain and to the point. I will leave it to someone else to explain the cause. I am merely pointing out what has come out of our computer model that is tracking everything. This is NOT me making some opinion or lucky guess. It is what it is, not me personally. It is also NOT something I would enjoy being correct on. I just report what comes out of the computer.

People have tried to see if they can duplicate our model. I really get a chuckle out of that. They expect to do it on the cheap by getting free data. Good luck on that one. I had crews go to the Royal Newspaper Library in London to work for more than a year to collect price quotes back to inception because most of the data required for long-term forecasts does not exist in public databases. I had to assemble the massive collection of monetary history to actually track the economy back into ancient times. The scope of the data to even test such correlations is massive. This stuff cannot be accomplished by free downloads. I discovered what I have called a Waterfall Event by putting the Roman monetary system together to answer a simple question: How did Rome fall? Was it gradual or abrupt?

I have been fortunate in life. I was able to make enough money to fund a research project that no one else seems to have been willing to spend the same time or money on. It was simply a passion of mine because I enjoy history. I was also not married so I had the time to do what my passion inspired me to do. Everyone always asks when will I get married. I respond, 1) when I meet the right person, and 2) when I grow up.

Until then, I simply follow my passion. Life is a journey or a quest for the pursuit of knowledge. When there is nothing left to learn, it is time to be beamed up. Just my personal philosophy. So enjoy the pursuit of knowledge. You never know where it will lead us.

Jun 30 2018

California Democrat Arrested For Death Threats Toward FCC Chairman Ajit Pai and His Family…


Re-Posted from The Conservative Tree House on June 29, 2018 by

Yikes, looks like someone following through on Congresswoman Maxine Waters approach toward political violence was just arrested.  From the Eastern District of VA:

ALEXANDRIA, Va. – A California man was arrested today in Los Angeles on charges of threatening to kill the family of Ajit Pai, Chairman of the Federal Communications Commission, for Pai’s role in repealing regulations relating to net neutrality.

According to court documents, on or about Dec. 19 and 20, 2017, Markara Man, 33, of Norwalk, allegedly sent three emails to Chairman Pai’s email accounts. The first email accused Chairman Pai of being responsible for a child who allegedly had committed suicide because of the repeal of net neutrality regulations. The second email listed three locations in or around Arlington, and threatened to kill the Chairman’s family members.

The third email had no message in its body, but included an image depicting Chairman Pai and, in the foreground and slightly out of focus, a framed photograph of Chairman Pai and his family. The FBI traced the emails to Man’s residence in Norwalk, California, and when initially confronted in May 2018, Man admitted to the FBI that he sent the email threatening Chairman Pai’s family because he was “angry” about the repeal of the net neutrality regulations and wanted to “scare” Chairman Pai.

Man is charged with a threatening to murder a member of the immediate family of a U.S. official with the intent to intimidate or interfere with such official while engaged in the performance of official duties, or with the intent to retaliate against such official on account of the performance of official duties.

If convicted, Man faces a maximum penalty of 10 years in prison. Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge will determine any sentence after taking into account the U.S. Sentencing Guidelines and other statutory factors.  (read more w/ PACER link)

Jun 29 2018

Special Report (June/11/2018)Martin Armstrong–System Breaking Down,Can We Avoid Chaos?


Published on Jun 11, 2018

#Ethereum ETH #Bitcoin Cash BCH #Ripple XRP #Litecoin LTC #Dash DASH #NEO NEO #IOTA MIOTA #Monero XMR #NEM XEM #Ethereum Classic ETC #Lisk LSK #Qtum QTUM #EOS EOS #Hshare HSR #Cardano ADA #OmiseGO OMG #Zcash ZEC #Martin Armstrong

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Jun 29 2018

Victor Davis Hanson: The Hypocrisy of the Left over Equality


Published on Nov 18, 2017

Victor Davis Hanson is an American classicist, military historian, columnist, and farmer. He has been a commentator on modern and ancient warfare and contemporary politics for National Review, The Washington Times and other media outlets. He is a professor emeritus of classics at California State University, Fresno, and is currently the Martin and Illie Anderson Senior Fellow in classics and military history at Stanford University’s Hoover Institution. In this clip, he talks about the hypocricy of the left over equality. Full talk, from June, 2014, quoted under fair use: https://www.youtube.com/watch?v=EXeiH… — This channel aims at extracting central points of presentations into short clips. The topics cover the problems of leftist ideology and the consequences for society.
Jun 29 2018

Violence and Harassment


Published on Jun 28, 2018

The left is in full-out assault mode toward conservatives. Don’t citizens have a right to go about their lives freely? Want even more Right Angle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe Right Angle is brought to you by the paying members of BillWhittle.com and by donations from viewers like you! Show your support by making a donation at: https://www.billwhittle.com/donate

 

 

Jun 29 2018


Published on Jun 28, 2018

A man named Andrés Manuel López Obrador is running for president in Mexico. His platform? Unlimited immigration to the United States. Want even more Right Angle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe Right Angle is brought to you by the paying members of BillWhittle.com and by donations from viewers like you! Show your support by making a donation at: https://www.billwhittle.com/donate
Jun 29 2018

What’s Really Happening At The Border


Published on Jun 27, 2018

Donald Trump ran on building the wall and stopping illegal immigration…. yet here we are, with no meaningful changes. What gives? Want even more Right Angle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe Right Angle is brought to you by the paying members of BillWhittle.com and by donations from viewers like you! Show your support by making a donation at: https://www.billwhittle.com/donate
Jun 29 2018

Welcome to Dollar Vertigo – China to Ban Dollar Borrowing?


Armstrong Economics Blog/China

Re-Posted Jun 29, 2018 by Martin Armstrong

COMMENT: Mr. Armstrong, it seems that whatever you say our government follows. You said China should buy directly from the Treasury and not the New York bank and they did that right away. Now they are considering stopping dollar borrowing here in China as well. You should be holding a WEC here in Shanghai next.

QLJ

ANSWER: Yes, Bloomberg has reported that here in the West as well. People do not understand that the more the dollar rises, the greater the risk of defaults around the world. US rates fell so low that it was cheap to borrow dollars. The borrowers are now starting to realize that they also had a foreign exchange risk. This is what I have been warning about. You even have the dollar bears here in the States who keep saying I am wrong and the dollar has to crash. Repeatedly, I have warned that a decline in the dollar will be celebrated by everyone including Trump because it would ease trade friction. A rise in the dollar means trade friction, protectionism, and emerging market crisis of debt defaults. As the defaults mount, the dollar will be sent even higher. Add a crisis in the Middle East and in the stability of the Eurozone, and you end up with dollar vertigo!!!!

Jun 28 2018

Euro Interest Rates


Armstrong Economics Blog/Euro €

Re-Posted Jun 28, 2018 by Martin Armstrong

QUESTION: Mr. Armstrong; You have obviously been correct on the Euro. You even called the bounce but it stopped at 1.2550 and did not reach your ideal target of 1.28. You are saying that interest rates in Europe are more likely to rise faster than the ECB predicts. The French central banker Francois Villeroy de Galhau has also come out and said that a hike in interest rates from mid-2019 onwards will be possible. That contradicts Draghi. Running a small business here in Europe is difficult as you know. So we should look to try to lock in rates now before it is too late. Correct?

FK

ANSWER: Absolutely. True, the technical resistance and the Monthly Bullish were in the 128 zone. However, the euro just did not have enough energy to reach that point which is in itself an indication of inherent weakness. If we look at the long-term 30-year rates on the euro, support lies at 0.93% and resistance at 1.7%. A monthly closing above 1.7% will signal a move up to 2.33% to 2.43%. After that, expect a rapid move to 5%. A closing at year-end above 1.42% will confirm a sharp rally is underway

Jun 26 2018

Cryptocurrencies Vulnerable to Hackers?


Armstrong Economics Blog/Cryptocurrency

Re-Posted Jun 26, 2018 by Martin Armstrong

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 the new reserve currency. I really do not understand these fools. How can Bitcoin become the reserve currency? Where does this really end?

EP

ANSWER: I really do not know. The dollar is the reserve currency BECAUSE it has a $20 trillion debt that is used globally to park money. Europe never created a single debt market and that is why the euro never managed to compete with the dollar. There is just no way Bitcoin can become the reserve currency. That is really la-la-land. Where does this end? The technology may be absorbed by governments and perhaps you end up with a single electronic currency for each country. As far as circumventing central banks and governments, they can shut it down whenever they want by simply declaring cryptocurrency is for criminals as Australia is trying to do with cash.

With respect to the hacking, well easy come easy go. For the second time in just a few days, hackers launched a raid on a South Korean cryptocurrency exchange. The hackers had captured in one night about €27 million euros, the trading platform Bithumb had to admit. This is number six worldwide in terms of trading volume for cryptocurrencies. Bithumb announced that it would compensate its users.

The prices of most cryptocurrencies fell after the second South Korean incident within a few weeks. Bitcoin, the largest cryptocurrency, fell 2% that day. These attacks are starting to wear down the cryptocurrency market, and we may yet see a decline further into July.