The Swiss began secrecy when Adolf Hitler came to power in 1933 and declared it to be illegal to for a German to have an account outside of Germany. The Swiss...
To make it clear, people have a window to exchange the notes. No one loses money if they exchange the notes within that window. The reason behind this maneuver is...
QUESTION: Mr. Armstrong; I have never heard of cancelling a currency and replacing it where the old notes are worthless. This is routine in Europe? Thanks ANSWER:...
Ecuador hands Goldman Sachs 466,000 ounces of gold worth roughly $580 million at today’s ruling price. Ecuador under its socialist President Rafael Correa...
There has been a prevailing piece of propaganda used by the dollar-haters to support this idea that the dollar is really the Petrodollar and that the move in the...
The two Daily Bearish Reversals are 1240 and 1186. We are holding the 1240 level for now with a minor Daily Bullish forming at 1262 and 1294. We see a turning point...
While they have been proud to announce that 77,000 foreign institutional have already signed up before July 1st, they did postpone it until July 2015. Nonetheless,...
QUESTION: Why do governments borrow? Why do they never reduce the debt? Jeff ANSWER: Because they can. They actually think they are the exception to normal...
The Senate subcommittee has been examining tax avoidance by multinational companies. Microsoft Corp. (MSFT), Hewlett-Packard Co. and Apple Inc. have all been the...
