QUESTION: How were ancient coins placed into circulation? DR JB ANSWER: That is actually a very interesting question. As the legend goes, the Gauls (French) attempted to invade the city of Rome quietly, but had frightened the sacred flock of geese that made a lot of noise. This alerted the Romans to the surprise attack giving […]

The latest thing now is that constructing office buildings out of concrete and steel is now claimed to account for 5% to 8% of total greenhouse gas. They are now proposing to construct skyscrapers out of wood that are 35 to 40 stories high. They now argue that concrete structures are huge contributors to greenhouse […]

Back in May 2018, a Brooklyn man entered Mount Sinai Hospital. A blood test revealed that he was infected with Candida Auris (CA) which is a newly discovered fungus that can be deadly if it enters the bloodstream and spreads throughout the body. It is now one of the super-bugs immune to antibiotics. If CA […]

ASIA: China today sentences a second Canadian to death for drug smuggling, earlier in the year the two countries had a tense relationship due to the handover of Huawei’s CEO daughter to the US. Washington commented on the Chinese Belt and Road initiative as a huge strategic mistake by allowing China to be at the […]

QUESTION: You have written about the collapse of the Byzantine monetary system. I also believe it fell to the Europeans in 1204 and the story was that the Germans were being aggressive back then demanding tribute. Was this also another monetary crisis at that time? Thank you JY Alexius III AV Hyperpyron ANSWER: Yes, there was […]

COMMENT: Dear Mr. Armstrong, Like many of your readers, I have been unable to watch “The Magnitsky Act: Behind the Scenes” for months because of its ban here in the US. Today, I was finally able to watch it at the following link. Not sure how long it will be up but I thought I […]

ASIA: The North Korean leader Kim Jong-un visits Russia for the first time near the city of Vladivostok. Talks are due to commence tomorrow between the two nations as Russia wishes to discuss North Korea’s nuclear problem. This, along with continued efforts to engage with China, is a continued effort for North Korea to hedge […]

COMMENT: I am a senior exec here in the German auto industry. I attended your Berlin conference. I just want to say your ECM is remarkable. Our industry has seen a decline in auto sales since the middle of 2018 right on schedule. It looks like it will be a hard landing here. This Brexit […]

QUESTION: Mr. Armstrong; It seems few people even understand that there have been two-tier monetary systems. Do you think this can be a possible tool in the currency crisis you are forecasting for 2021? Thank you; Looking forward to Rome and meeting Mr, Farage as well PC ANSWER: Various countries used to mint trade dollars […]

QUESTION: Everyone has a chart of the German DAX postwar. I have never seen a chart of the German stock market before the war. Do you have any? HVS ANSWER: Yes. However, you must understand that because the world was on a gold standard, the arbitrage volatility was reflected in the bond and share markets […]