ASIA: India has pitched for enhancing the emergency assistance of the National Development Bank to $10 billion from $1 billion. The issue was flagged by union finance minister Nirmala Sitharaman at the annual meeting of the board of governors of the National Development Bank (NDB) via video conference on Monday. NDB has so far approved […]

QUESTION #1: Dear Mr. Armstrong, I’ve been following your blog for quite a while, and have a Basic subscription to Socrates. Wish I could have been able to attend a WEC, but so far that’s not been possible. Also wish I understood everything in Socrates so much better, but my old brain isn’t what it used […]

Neiman Marcus Group is preparing to seek bankruptcy according to Reuters. I have warned that brick & motor stores are in trouble and this lockdown will ensure that people will not be returning to malls and restaurants as they did before. All of the major retail stores are facing credit downgrades. Forbes has warned many […]

QUESTION:  Hi AE….I have a thought/question/idea that is an observation, not a criticism, & begs a response. Have long noted AE’s reliance on technical analysis, for your forecasts, to the almost total exclusion of broader fundamentals, like out-of-control corruption. From day one, this has been a revelation to me, but must concede that your success […]

  Whenever the government creates a program, they alter the incentives within society. I mentioned I have a friend in London whose mother went to the hospital and he knew she was near death. After two days, the hospital claimed she died of the Coronavirus. He said how since she did not go in with […]

Armstrong Petition for Rehearing Many people have written to ask if they can write to the Supreme Court because this is a battle for all of us against the bankers. I guess the more the merrier. I do think if the Supreme Court would take it, they would have to at least address what everyone […]

QUESTION #1: Marty, you always said that gold and the dollar would rise during the monetary crisis cycle. I must admit, the fundamentals always seem to unfold to support your forecast. The article on the dollar shortage is really enlightening. The gold bugs hate you because you do not support their hatred for the dollar. […]

QUESTION #1: Dear Martin, Could you offer a comment on how these increases in deaths can affect the latest predictions that you and Socrates offered? Will we still have the sling effect? Even with reduced liquidity, with millions unemployed, with the economy in a state of war, is the Dow Jones able to react and […]

QUESTION: Mr. Armstrong, your forecast for Iran back in 2012 has been correct. It picked 2016 which in January the International economic sanctions on Iran were lifted after UN said it was satisfied with progress on fulfilling the nuclear agreement. President Rouhani then embarked on the first European state visit of an Iranian president for […]

QUESTION:  Hi Marty, You were completely right, as always, about the USD rally. When we get closer to 2032 and thus closer to China being the number 1 economy of the world, will the CNY take over the position of the USD. Apparently in Asia people are already accepting more and more CNY in favor of […]