The Euro closing for March below 10765 being a Double Monthly Bearish Reversal is rather ominous for the long-term. This confirms we will see the Euro collapse to new lows. This may have more to do with just interest rates. The “feeling” in Europe is far more pessimistic than in the USA. I have a […]

QUESTION: Martin Do you mean only on a federal level? Would people’s home mortgage be wiped away? I would think not but if it’s a true reset who knows Regards, JCL ANSWER: The ONLY debt is Federal, not private and not state or muni. They will trade as is on the market. This will end […]

COMMENT: Mr. Armstrong, I just wanted to say your proposal is brilliant. I fear most people will not grasp what you put forth because they are confined in their world of ideas about money having some tangible value and inflation is related to the quantity of money rather than as you say, it is just […]

Obama will go down as perhaps the worst President at least since 1900 if not ever. He has torn apart the entire fabric of world peace and whoever has made any decisions in global strategy seem to be some sort of Megalomaniac. Russia has developed planes to ensure they can directly bomb the USA and […]

While we have recorded history back to inception and reconstructed the monetary system of the world with interest rates, commodity prices, and labor costs along with the various debt crisis that has toppled every government since the beginning, We are not the only ones to have observed the fact that government debt has been the […]

The Quantity Theory of Money that an increase in supply should result in a decrease in its purchasing power (inflation) is being seriously questioned behind the curtain. The simplistic idea is starting to be exposed as an ancient myth. It is interesting how many phone calls are coming in from around the world as people […]

QUESTION: Mr, Armstrong; There are those who argue that the Fed caused the booms in the developing countries by lowering interest rates that resulted in them borrowing in dollars making the world now short the dollar and thus have enslaved the world to the dollar. Therefore, they claim that whoever controls the central bank of the […]

COMMENT: Hello Mr. Armstrong, Laugh you may. How about we just exchange with each other with love and compassion? All the best, m   ANSWER: Ironically you hit it on the head. You will deal with someone you TRUST and you will not deal with someone you do not TRUST. This is the very essence […]

QUESTION: “You do not see the stock market peak with the bottom in rates. That has NEVER happened even once”. So the new highs in the global stock markets are not due to the zero or negative interest rates and these are not the peaks, yet? The peaks will happen when rates rise (bonds collapse) and money flows […]

QUESTION: Marty, Would nations still issue debt in the reserve currency or their local currency? If countries issued debt in the reserve currency, wouldn’t that be the same problem you have pointed out with the euro? You have made it clear that debt is the great destroyer of civilization. It seems that this is the […]