The pension crisis is beginning to emerge as a real growing problem. The central banks have been keeping interest rates low for the primary reason of reducing the national debts. In Germany, they are beginning to notice that not merely are government pensions growing faster than private as public servants help themselves to our income […]

In Germany the people are starting to notice that government pensions are growing far more rapidly than those in the private sector. We have to realize that about 50% of all taxes in Detroit went to pensions. This same economic model destroyed Rome. This is what we face, yet we cannot prevent the crash and […]

A mosque was blown up in Lebanon because the cleric there was preaching how people should join the holy war in Syria. Obama is now supporting the religious terrorists he has used to justify stripping us of all our rights with X-Ray machines that expose you to accumulative x-rays and the NSA. People have to […]

QUESTION: If war in the Middle East prostpones the Sovereign Debt Crisis into 2020, will the eonomic decline after the peak of the ECM in 2015 be milder decline in stocks and other private assets? Kind  regards j.k ANSWER: The postponement can be largely a suspension as was the case during World War II. However, these types of […]

Obama is not finding it as easy to start a war as Dick Cheney via his patsy George Bush, Jr. Three letters were delivered from Congress to Obama. They informed him that he should not go to war with Syria before Congress returns. Obama tried to skirt that issue of not consulting Congress by just […]

QUESTION:  Mr. Armstrong, Thanks for your active blog…I feel that l am learning a lot but questions appear to be arriving as quick as answers! It seems to me that in order for gold to shine, capital must concentrate on the commodity. This, you have stated, will likely come after the Dow sees a phase transition – the […]

QUESTION: “Hi Mr. Armstrong, You mentioned before that real estate will decline from 2015.75 and will continue for over 10 years.  Do you still feel that way and why? Thanks,”   1933 Virginia Land Foreclosure Auction ANSWER: Real Estate is a strikingly different animal. The 30-year mortgage was created by FDR to try to restore the value […]

QUESTION: “Hi Mr. Armstrong,   I am curious. I take it that you feel the DOW may double into 2015. Yet the SPX looks like it may roll over and crash. Does what you say about the DJIA equate equally with the S&P 500, or are they going to diverge and one goes up, while the other crashes? […]

QUESTION: “how can you possibly align staying away from bank stocks at the same time thinking there is a possibility the dow doubles in the next 2 years….NO CHANCE both of those happen (in my humble opinion)…ZERO….would love a scenario laid out, however, that big banks would flounder while the rest of the markets rip […]

QUESTION: You have been really hard on the “gold promoters”, yet you are long-term bullish on gold. Why would gold rise if not for all the reasons put forth by the gold promoters? ANSWER: I was a gold market-maker. Personally, I prefer gold. I prefer to handle it. But whatever my personal feeling about gold, that […]