QUESTION: You have said that the future will be cryptocurrencies. The Bank of Canada has come out and acknowledged what you have been saying that such private issue challenges the government’s profit structure. Do you think electronic money will be viable sooner or later down the road? PG ANSWER: Electronic currency is ALREADY the bulk of […]

The U.S. Senate on Saturday narrowly approved a tax reform, moving Republicans and President Donald Trump a big step closer to their goal of slashing taxes which will create an economic boom in the United States and draw-in capital from around the globe. This will put tremendous pressure upon Europe, Canada, and even Japan which all tax […]

QUESTION: Mr. Armstrong; You mentioned that your chart on wheat was back to 1259 excluding ancient data. Is it really possible to collect data on commodity prices in ancient times? Thank you GD ANSWER: Oh yes. We have commodity prices extending back even into Sumerian times. All sorts of legal contracts and invoices for trade were […]

The Canadian Finance Minister Bill Morneau is refusing to say whether he sold millions of dollars worth of company stock just days before introducing tax changes that may have caused share prices to drop. This type of insider-trading is what politicians always manage to get away with no matter what the country. This dispute is […]

The dollar haters have been touting that the Chinese yuan, or otherwise known as the renminbi, would kill the dollar and gold will soar. I have warned that China will take the spotlight as the Financial Capital of the World once again but only after 2032. A real assessment of international capital flows reveals the truth. The […]

COMMENT: Marty, Really enjoyed the WEC. My only disappointment was not getting to meet you at the Friday evening event and share a drink and a few minuets conversation. Next time for sure. By the way, your team and especially your daughter were absolutely terrific. Very helpful and efficient. Just read your piece on the […]

The most serious forecast that we see from our computer models has been a rise in agricultural prices caused by Global Cooling – not Global Warming. Crops cannot grow without the sun and water. Historically, when the weather turns cold, the crops fail. There is no question that food prices will rise during periods of […]

The entire banking insurance schemes created during the aftermath of the Great Depression, are predicated upon an ASSUMPTION that a bank failure is a single isolated event. The contingency plan for a wide-scale banking collapse will default to a “per person” basis despite what anyone else says. I have been in meetings and that is […]

QUESTION: Mr. Armstrong; All the news here in Britain is always how bad it will be if we leave the extortion ring in Brussels. You have mentioned that we are the biggest market for German cars. What will Brexit do to the EU? Thanks GD ANSWER: Once the British exit from the EU “extortion” ring as […]

Leonardo da Vinci’s 500-year-old painting known as Salvator Mundi (Saviour of the World) is the only work in private hands. It just sold at Christie’s auction room in New York for a record $450m – almost half-billion. The painting apparently once belonged to King Charles I of England back in the 1600s. The last time […]