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Education A Complete Failure?

Education in the United States and elsewhere has been designed by academics with no real practical work experience. I was in Australia, and Macquarie Bank had funded an education program at Macquarie University. I was given a tour since they were so proud. They took over a hotel and set up rooms to be dealing desks […]

Seizure of 401Ks

QUESTION: Mr. Armstrong, In your latest post you stated “they will seize all pension funds and 401Ks to absorb the debt.” Should those with 401k’s be looking to pay the fees and cash out? Thank you, ANSWER: The behind-the-scene discussions on this issue are real. However, it does not appear that this seizure will emerge until 2016 […]

John Bolton v Lindsey Graham

There is absolutely less evidence to support an attack upon Syria than there was for Iraq. At least Iraq invaded another country. The former US Ambassador John Bolton came out and stated if he was a member of Congress he would vote NO. Meanwhile, the alleged closet homosexual who rumors on the Hill state he […]

Market Recap For Friday 8-23-2013

Gold has rallied up to almost the 1399 level. We do have closing resistance at 1397.90 today and today would appear to be a high if it closes back below 1388.50. The key resistance is still at the 1421-1424 level and support lies at 1372.10 right now. A weekly closing back below 1336 will signal […]

As the War Cycle Turns Up – Middle East Is Going Nuts

The truth about what is going on in the Middle East is hard to figure out. Nobody really knows. The so called rebels in Syria may be conducting suicide missions using chemical weapons on themselves to get the West to invade Syria. It did work in Iraq and we seem to be following the same […]

Whistle-blowers Use to Be American Patriots

On February 19, 1777, aboard the warship Warren, which was anchored outside of Providence, R.I., ten American sailors and marines serving in the war met in secret. They determined it was their patriotic duty to blow the whistle on wrongdoing that they witnessed by their commanding officer who was Commodore Esek Hopkins (1718–1802) of the Continental Navy. […]

The Silent Expropriation (Die stille Enteignung)

What I have been writing about may seem extreme to some Americans. But in Europe where the economic decline is in full bloom, the “Handelsblatt – Germany”, the leading newspaper on business, has come out with an article entitled The Silent Expropriation  (Die stille Enteignung). This is the most respected newspaper so it is not the lunatic […]

What Can We Do?

A number of people have asked what can we do about losing our rights. I believe there is nothing we actually can do until the majority get upset. That may be what the 2016 Presidential elections are about. Political Change only comes when the economy turns down. The old adage – if it ain’t broke […]

The Next Generation Pensions R Vanishing – Why The Dow May Yet Double

Since the late 1990s, the birth rate is relatively constant at 1.4 children per woman in Germany. according to the Federal Statistical Office . This is effectively the same trend among all developed nations. This eventually leads not only to the fact that the population is decreasing not only in Germany but in all developed […]

NSA Collects Word for Word According to PBS

Certainly one of the more reputable news organizations has published the fact that the NSA is collecting word for word of all domestic communications – PBS. Anyone who thinks this is just about terrorism will have another thing coming. This info is being shared to hunt down money on a grand scale. This is all […]