The US government says it ran a $US587 billion budget deficit for the fiscal year, which was a 34% increase over last year. Deficits have simply become a standard way of life for Western governments as a whole. They see no problem with borrow more each year when they have absolutely no intention of ever paying […]

QUESTION: Mr. Armstrong; I have a very basic question. With all the trillions of dollars of stimulus in Europe, USA, and Japan, we are in the age of deflation as you have pointed out. The Federal Reserve itself predicts less than 2% economic growth so that is probably optimistic yet the best in the western […]

QUESTION: Marty, do you think nuclear weapons will be used this time? PDH ANSWER:  History is a road map to the future because human nature remains the same. People are far too often foolish. They attribute guns as the cause of violence as if humankind was peaceful before the invention of the gun. At an ancient […]

Hillary Clinton has refused to release her Goldman Sachs speech transcripts for which she earned millions of dollars giving paid speeches. Besides the $945,744.00 Goldman donated to the Clinton Foundation (making sure it was under $1 million), they also paid Hillary $675,000 for just speaking at Goldman Sachs, which was clearly a pay-off for there is […]

COMMENT:  Mr.Armstrong, I am wondering why you haven’t commented on the recent Trump scandal about the video with Billy Bush? Constantly seeing articles on how corrupt Hillary is but obviously you are biased towards Trump winning for not making a statement about his misogynist comments about women! Sincerely, PH REPLY: There is a huge difference […]

QUESTION:  I read your blog daily, first thing in the morning. What surprise me is your ability to see through the dust. Socrates has been of real help and thanks a lot. I have a concern within Nato governance that I like your view on. Trump has not touched it however how can there be […]

QUESTION: Marty; I won a bet against a goldbug. He bet gold would soar and the dollar would crash October 1st because of the SDR and said you would be exposed as a fraud. I won the $100 bet. I tried to bet an ounce of gold, but he would do that. I too studied […]

The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause all the stock bears to rethink their prognostications of a major stock market crash? This was not even on the radar of most people. Some have reported this […]

The one thing that markets do not like is uncertainty and that is exactly what we have suffered from the past couple of days. Asia reacted to the Deutsche Bank news with heavy selling despite better than expected numbers from Japan and in late trading the futures have responded yet again. Having lost 1.9% in […]

  The markets have been coiling, and quite frankly, this reminds me of when Pope John Paul II was shot, which was the first attempted assassination of a pope, on Wednesday, May 13, 1981, in St. Peter’s Square in Vatican City. Mehmet Ali Ağca, a Muslim, shot and wounded the Pope while he was entering the square. It did […]