QUESTION: Re Solution to a new monetary system:: In the “Solution” presented it was suggested that the existing US bonds be required to invest in companies in the USA. Does the govt just print the money for the bond values to give to the companies? If the companies receive the bonds, how are they liquidated otherwise? KB […]

Asia: U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer began a new round of discussions in Beijing today, and reports are that the two sides have made early progress in the current round of negotiations – including perhaps forced technology transfers. The recent issue regarding the Chinese company Huawei seems to be […]

The distortion in the yield curve is building with tremendous force. There are vast bids for US 90-day T-Bills from around the world and no offers. The shortage in US government paper is now being reported to us from repo desks around the world. There is a MAJOR PANIC in to the dollar as emerging markets […]

  While many believe that the off-exchange trading platforms in Bitcoin bypass fiat central banks, there are developments in the legal world that warn of regulation is headed into the field with a vengeance. There were three important recent actions in federal courts that illustrate the interplay among the Securities and Exchange Commission (SEC) & […]

Asia: China Beige Book, the only large-scale independent data provider on the Chinese economy, released a report this Wednesday indicating a first-quarter recovery. After polling 3300 Chinese businesses, the firm found that private borrowing outweighed that of state-owned enterprises. However, the cost of borrowing has risen substantially. Bank loan rates currently average 6.9%, while the […]

There was a 14th-century Franciscan friar by the name of William of Ockham who is credited with having formalized the principle that “simpler solutions are likely to be more correct than complex ones.” Hence, we seem to always try to reduce everything to a single cause and effect. Some have rephrased this as “keep it simple, stupid,” […]

  QUESTION: Mr. Armstrong; I assume you would know the answer. Is it true that the women in ancient times were more like Hillary seeking power compared to modern times? JF ANSWER: Yes, I have heard this assertion before. It is only partially true. Unquestionably, the first woman of Eastern culture to act politically was […]

Over the centuries, sailors have told legends of monster waves that would appear out of nowhere in the middle of the open sea. Most scientists dismissed the stories as fabrications and legends. These stories were reported over the centuries by sailors who repeatedly saw these rogue waves of gigantic proportions rise up from nothing far above the […]

  There is an interesting concern rising from the too numerous exchanges for Bitcoin. A study has revealed that the market is being manipulated to create the impression that there is a $6 billion market trading every day. This manipulation is all about boosting the image of volume using what the study shows are known […]

There may actually be a confirmation that we are heading into a much colder climate. The Aurora Borealis, also known as the Northern Lights, can now be seen in the UK. Normally, the Northern Lights can be seen only extremely north as in Alaska. Sir Edmund Halley (1656 – 1742), the man who discovered Halley’s Comet, […]