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What About Australia?

QUESTION: It is clear our government seems to be going crazy. I know you use to live here in Sydney. We met many times when you did conferences here. I also know you once said you would like to retire in Australia. Has that changed? Paul ANSWER: Well, my dreams of retirement have not been […]

PRIVATE BLOG – The Dollar Rally

PRIVATE BLOG – The Dollar Rally An Overview of Currencies, Gold & Bitcoin Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.

Cryptocurrency – Private v Public

QUESTION: Dear Marty: I have been reading you for over a decade. I notice a change in your attitude towards Bitcoin/Crypto. Initially, you were completely against it, now you seem to be neutral. Has something changed? We now have Futures, CBOE is coming out with an ETF, every major bank is thinking of entering the space. […]

The Minsky Moment

A number of people have asked if I ever looked at Hyman Minsky’s concepts in forecasting the economy. Minsky’s Financial Instability Hypothesis failed not because of the fact that he attempted to interject cycles and even listened to Schumpeter, the problem was that he was an economist and not a trader. His own attempts to devise a […]

Why CONFIDENCE is the Backbone of the New Monetary System

QUESTION: Mr. Armstrong; I found your recent article on inflation and contagions fascinating. Am I correct in summing it up that today because currencies are not commodity based, they rise and fall on anticipation of political events whereas under precious metals contagions took place by one country debasing compared to another? Thank you for your […]

Did the Swiss Reject the Same Idea Behind Cryptocurrency?

  COMMENT: Mr. Armstrong; As you know, we rejected the proposal to eliminate banks from creating money by lending or the Sovereign Money Initiative. What you did not report is that the very same reasoning behind that movement has been used for the cryptocurrencies. In fact, they were using Bitcoin as proof that their idea […]

Cryptocurrency Crash – Has it Done Long-term Damage?

QUESTION: Mr. Armstrong; I am impressed with your computer system for without historical data depth, it still manage to correctly forecast the high in Bitcoin. The BIS had come out against cryptocurrencies as has our central bank here in Switzerland calling them crude and unlikely to become a world currency without impressive advancement in the […]

Cryptocurrencies Vulnerable to Hackers?

QUESTION: It certainly seems that the cryptocurrency world has its flaws and may even be worse than traditional bank accounts and credit cards. They keep getting hacked. So they are trying to defeat central banks but may be running into the arms of scammers and thieves. I read one guy even claimed Bitcoin would be […]

Market Talk – June 22nd, 2018

It was time for the Nikkei to play catch-up having outperformed many of its neighbors over the past week. The Nikkei lost around -0.75% for the day, whilst the badly beaten China core finally saw a bounce. Accompanying this Nikkei decline was a flight into the Yen currency with the result being a print with […]

Cryptocurrencies Down into July?

COMMENT: I found it very interesting when my bank would not allow using a credit card to buy cryptocurrencies. A friend of mine in Singapore said the government there has also instructed banks not to honor cryptocurrencies. It appears that government is starting to retaliate against the cryptocurrency world and I must question its viability long-term. […]