COMMENT: Mr. Armstrong, I learn Reuters feedback this morning they usually mentioned “The greenback sank to a three-year low … the buck down greater than 10% for the 12 months. If it stays that means within the coming days will probably be its greatest first half of a 12 months fall for the reason that early Nineteen Seventies – successfully the period of free-floating currencies.”
The exaggeration and bias within the monetary information have change into outrageous. I’ve been on this subject for 30 years. By no means have I discovered the press so dishonest and politically pushed. They’re making an attempt to create the collapse of the greenback to overthrow Trump. That is just like the polls. They lie about every thing.
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REPLY: I absolutely agree. It makes me wish to stop and conceal underneath the covers, for they’re intentionally distorting the world, and every thing they do is to push us into conflict. I’m so sick of the exaggerations and lies, as they don’t care in regards to the individuals, the nation, or our future. NOTHING – simply the second and the right way to win in any respect prices.
Right here is our Greenback Index again to 1902. It permits you to see the actual development and put all of it in perspective. Beneath is the US Greenback Index, which started in 1988. It omitted the greenback excessive in 1985, to not point out the greenback decline into 1976.
Right here is CNN faking the information, standing within the deepest puddle they’ll discover, whereas the movie crew is simply ankle deep. All the pieces is at all times the worst they’ll probably mission. They trash the greenback as a result of Trump needs to switch Powell with somebody who will decrease rates of interest. Sorry, Trump is a biased borrower, not a lender. So he appears to be like at every thing from just one aspect of the desk. Europe entered unfavourable rates of interest in 2014, strip-mining pension funds and financial institution reserves. Decrease charges hurt savers for the good thing about debtors. That is at all times a one-sided view that by no means is smart.
So let me see. Rates of interest rise in bull markets and at all times decline in bear markets. That’s actuality! Nevertheless, the press has someway bought the concept that decreasing charges is bullish for the inventory market. It’s all based mostly on Keynesian Economics, which was based mostly on Authorities Intervention following Karl Marx. This presumption that the federal government is able to managing the economic system underneath socialism is merely presumptuous. Why fear. The socialists will take every thing, we are going to personal nothing, and be so excited, glad, and grateful, for of their e-book, we’re too STUPID to grasp something anyhow.
Right here is the Nice Recession 2007-2009. The inventory market rises with RISING charges as a result of that exhibits there’s a demand for cash and investing. When charges decline and even went to NEGATIVE to punish individuals for NOT investing, that’s the reality. That is precisely OPPOSITE of the nonsense the FAKE FINANCIAL NEWS reviews as a result of they don’t give a shit in regards to the reality. They should discover the deepest puddle to magnify every thing.
There’s NO definitive rule that even a particular degree of rates of interest will influence that market. The strongest bull market was 1929 and there we see the bottom degree of rates of interest. The opposite influence is CAPITAL FLOWS. Fort 1929, all of the capital poured into the USA as a result of it was right here, hiding throughout World Warfare I. There was the primary G4 assembly in 1927 when the central bankers satisfied the US to decrease rates of interest, and that might power the cash to return to Europe. That failed.
In the event you suppose the inventory market will DOUBLE, you’ll pay 20%.
If you don’t suppose it’s going to rise by 1%, you’ll not pay 1%.
