[s_ticker_display] Welcome to Armstrong Economics where our mission is to provide a public service for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis available. We provide an integrated understandable global model approach that is free of personal bias, bravado, or other nonsense, enabling you to see the […]

The Swiss banking regulator previously published a paper two years ago proposing that to rescue the bankers in Switzerland the solution is to also just take money from accounts. This demonstrates what I have been warning about. ANYONE who has a career in government looks upon the people as absolute economic slaves. They stand up […]

The Obama Budget is no more honest than Madoff’s track record. If Madoff deserved jail for life – what do our politicians deserve? Here is Obama’s budget. He wants to destroy the economy raising taxes on everything and bring down the iron curtain so not one penny can leave. He wants it all like Maximinus […]

Question: Is there really a banking cartel that artificially suppresses gold/silver prices in order to convince the world to continue subjecting itself to a fraudulent fiat currency monetary system that is led by the US dollar? Answer: NO WAY!!!!!  Do banks manipulate markets including gold & silver? The answer is ABSOLUTELY! However, they do so […]

Arthur Burns (1904-1987) Arthur Burns was an Australian-born American economist. Taught at Rutgers University and Columbia. In 1950, he became President of the American Economic Association has built a considerable reputation for his work on business cycles. He chaired the Council of Economic Advisers under Eisenhower and later advised Nixon in his 1960 and 1968 […]

Question: Can you clarify your statement: “German short-term rates went negative showing people were willing to pay Germany to hold their money. This is part of the whole shift in capital from PUBLIC to PRIVATE” The movement internally within Europe is is showing that capital starts to move from one currency to another as CONFIDENCE […]

The Libor Fixing Scandal of interest rates has shown precisely what I wrote about in Behind The curtain. I have personally witnessed the trading mentality of the commodities trader from the ’70s consume Wall Street when it began with the PhiBro takeover of the bond trading house Solomon Brothers – the mentor of so much […]

The Gold backwardation has been distorted as all sorts of reasons for everything. Normally, this is the market condition wherein the price of a forward or futures contract is trading below the expected spot price at contract maturity. Consequently, the resulting futures or forward curve is “inverted” whereby it is negative because gold is trading […]

Understanding correlations is important. EVERYTHING fluctuates! There is absolutely nothing that remains constant. You MUST understand that correlations are NOT one for one, and often show changes in advance of turns. It is a lot to keep track of but this is why I try to post a global view to help you see the […]

I was one of the three largest wholesale gold dealers going into 1980. I wrote the law making gold not taxable for the State of New Jersey stating it would not be taxed unless “converted to use” only to have the bureaucrats change that saying it was taxable because it was an “investment use” and […]