COMMENT: You just wrote in your definition of Hyperinflation “They debased coinage routinely, which is why Jean Baptiste Say (1767-1832)  argued money has never been “tangible” or a store of value. So simply making money out of gold or silver does NOT prevent the very evils the gold promoters attribute to fiat.” Thank you so […]

QUESTION: Marty; I assume I understand the bottom line comes down to hyperinflation is just hype because it assumes the government will honor its promises. If they are moving to even negative interest rates and we see a rising tide of bankruptcies of cities and states to escape the unfunded pensions, then it is clear […]

QUESTION: Mr. Armstrong, it was great to have you here in Europe. You mentioned before that Germany needs the euro to maintain its trade surplus with Europe. There seems to be a rising tide that is starting to recognize that, especially here in Greece. Is this the seeds of the collapse of the euro? ANSWER: There […]

QUESTION: Hi Martin, Thank you for your valued forecasting and the clarity that you add to deciphering the cyclical nature of those things which govern our world. I am always amused by the arguments surrounding GOLD raised here and on other sites. I tend to hold around 10% of my portfolio in precious metals and […]

COMMENT: Dear Martin Armstrong, Being a fund manager and with several bigger and commercial clients a commodity hedger, I truly admire your work. Not only that, our research, even by other methodology foremost pattern recognition and cross pattern recognition and liquidity flow detection – comes to very similar results as your calls, but we do […]

Deflation remains a mystery for many because they just cannot grasp the fact that money supply can increase while prices decline. Their heads begin to spin around and they spit out green pea soup because it is not supposed to happen in their mind. During deflationary trends, money supply can still increase but the contraction […]

QUESTION: Mr Armstrong, Always a learning experience when visiting your website. In view of your recent articles about the difficulties faced by hedge funds(e.g. SAC Hedge Fund being shut down,Largest FX Hedge Fund Closing Down,Commodity Hedge Funds are collapsing) do you consider that the Hedge Fund industry has peaked? JR ANSWER: Yes. This is also […]

QUESTION: Martin, you said in a recent blog: “Gold peaked with the low in the ECM in 2011 and it should rise after 2016 into 2020. This is a matter of the overall business cycle.” Have you now changed your major low in gold forecast from the original before or in Jan 2014 to now in […]

QUESTION: Dear Mr.Armstong Reflecting on your thought written “Solutions” is the QE process partially accomplishing the thought of eliminating Public Debt and just print money for Government services. Federal debt of $17 trillion, of which $11 trillion is held by foreign nations. The remaining $6 trillion can be eliminated with QEs. If there is incentive […]

QUESTION: Hello Mr. Armstrong, Thank you very much for your blog – I visit daily! Is it possible that both you and the gold bugs are correct? I think your argument with the gold bugs may be a misunderstanding. The problem lies in how you define manipulation. When a large sale occurs in illiquid hours, I […]