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World Events

Trade Misinvoicing & $78 Billion of Missing Gold

  Did $78 billion in gold exports from South Africa really go missing? Nope. As taxes rise, so does trade misinvoicing. This confusing term is actually a...

Lagarde to Stand Trial for Negligence Fraud

  If Trump wins, he says he would prosecute Hillary for her crimes. At least in France, the courts are not as corrupt as they are in the United States. The...

They Are Tracking Duty-Free Purchases in Airports

Have you ever wondered why you have to show your boarding pass to purchase something in the duty-free shops, after passing security, when in fact nobody can be...

Terrorism Engulfing Europe

In Ansbach, Bavaria, there was apparently a bomb attack on Sunday. The Bavarian interior ministry told Reuters, “At present we stand, it is not an...

Snowing in July in Austria

A reader from Austria sent this photo from Paznauner Taja Ischgl. It was snowing there on July 14. Unfortunately, we are heading into a global cooling...

Losing Sleep Over Banks

QUESTION: Hello Martin, If i have exposure to various banking counterparties in europe – what do i do from running a fund mgmt business as i m a bearish on...

Why Are Italian Banks Breaking Europe?

QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy...

Taxation Without Representation or Even Residency

QUESTION: Mr. Armstrong; The taxation of the internet seems to be rising. At the same time it appears as though this could really harm the economy by reducing...

French Pay $14,500 Per Month for Hollande to Get His Hair Cut

Hollande is a socialist to the core; he claimed to hate the rich, yet spends taxpayers’ money like nobody else. He spends $14,500 per month for haircuts....

Bank Runs in Turkey

COMMENT: Hi Marty, I am in line with folks emptying ATMs in Turkey during a military coup attempt. I can keep you updated. CI REPLY: Human nature is the same all...