We are preparing a video on the basics that anyone attending in the future for the first time will be required to watch. This way, we do not have to spend time going over what is old hat to others. I personally enjoy the questions and the cocktail party. Getting to mingle with the clients […]

It has now been reported that 10 ISIS members entered into Thailand last month with the purpose of attacking Russian interests based upon a leaked Thai police memo. The memo cites that the Russian Federal Security Service (FSB) that sent info to Thailand’s National Security Council informing them that they entered between Oct. 15 and Oct. 31. […]

To understand what is really behind the curtain regarding the Middle East, ISIS, Turkey, and the USA’s strategic attempt to reduce Russia’s control over energy to Europe, we must start back in 2009 when Qatar proposed a pipeline plan to Assad to send its natural gas to Europe via Saudi Arabia, Syria, and Jordan. Assad […]

QUESTION: Mr. Armstrong, I read that the first monetary crisis in Rome took place 218-202 BC claiming the currency collapsed. I never saw you make such a claim so I had to ask if it was true. ANSWER: No. This was the Second Punic War and was not the result of fiscal mismanagement. Moreover, the […]

Continued speculation that additional official support would be available next week in China supported the Shanghai Stock Index yet again. The strong close (of over +1.3% higher) in Asia has been short-lived as the events in Europe have reversed most, if not all, of today’s move (as seen this evening in futures trading). Initially, all […]

QUESTION: Your energy model turned negative on the daily level just before the rally in the euro. That meant the market was then oversold if I understood your explanations. Thanks for a great conference PK ANSWER: Yes, the fact that we came down to a cluster of reversals not to mention the year pivot at […]

QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position was on the carry trade. The underlying “fundamentals” did not change, in fact they got […]

Mario Draghi at the European Central Bank (ECB) has moved as expected to try to force the Euroland into an economic recovery by cutting a key interest rate on the overnight deposit rate was cut from -0.2% to -0.3%, to compel banks to lend instead of parking money at the ECB. He also extended his ECB […]

  I have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime, failing to file your income tax is the crime. The EU has imposed the first outright total asset reporting requirement for cash, jewelry, and anything […]