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Why Does History Repeat?

QUESTION: Why does history repeat? ANSWER: Machiavelli said history repeats because the passions of man never change. But there is something even more. There is...

How to Distinguish Among Banks & What Will Be Insured

It is starting to become critical regarding what bank to trust. The Bank War of Andrew Jackson just may be reemerging at last with the target being this time the...

Gold Should Bottom Today – Temporarily

As we have stated, Friday was the target day for this week. Gold fell so far to 1179.4 about $20 above the first support zone. A 3 day reaction into next week...

Propaganda – Who do you Trust

The father of propaganda is Edward Louis Bernays (November 22, 1891 – March 9, 1995). The government tries to imprison and kill anyone who leaks information...

Manipulating the World

QUESTION: Mr, Armstrong. I visited New York on business and after the market closed yesterday we went to a bar. I was shocked when the group at the next table of...

Thatcher was Right

Margaret Thatcher was a Euro-Skeptic from the start. Her own cabinet abandoned her and pushed her out of politics because she was against joining the Euro concept....

India Raises Tariffs on Gold to Try to Stop Dollar Rise

  The Rupee has fallen sharply against the US dollar as volatility rises. The current account deficit jumped largely because India’s gold purchases rose...

Dow Jones – To Be or Not to Be

We wrote on June 20th: “The Daily Bearish Reversals are 14670 and 14392 with the Weekly Bearish at 14390 and 14360/ The key support starts with the Monthly...

German Unemployment hits 12%

The unemployment in Germany is rising hitting 12%. This in indicating what we have been warning about – European economic growth will turn negative in 2013....

Merkel Becoming Euro-Skeptic

Last year, the German chancellor Merkel was calling for “more Europe, not less.” She was behind the idea of federalizing Europe handing more power to...