QUESTION: Hi Martin, Awhile back you mentioned the ECB doesn’t have unilateral authority to expand the money supply, and that the political crisis in Europe would begin once the ECB ran out of cash reserves. How far off are we from that moment, and how does the Repo crisis tie into that? CG ANSWER: Yes. […]

QUESTION: Marty, To those of us in the eurozone who own physical gold, what would you suggest to do? Thanks for keeping your human heart. Kind regards, KVS ANSWER: I believe you may start to see this idea floated in the press next week. It will probably be voluntary at first. I do not believe […]

QUESTION: Marty, the gold buyback quote at ….. is now spot + $20. A week ago the quote was spot + $2. Supply & demand? Shortage of 1 oz random year golden eagles? What’s going on? Thanks for your prolific post output during this crisis! Cheers, TGM ANSWER:  Europe has directed bullion dealers not to […]

Last September, we provided a special report on the dollar shortage. Throughout Europe, there is such a panic into physical dollars many places simply have no currency left for exchanging. This report deals with the Next Monetary Reform many will call Bretton Woods II. What is the future for the dollar? Contrary to what many […]

Europe has moved as expected and banned short selling in Italy, Belgium, Spain, and France. Politicians fail to realize that it is ONLY shorts who are buying during a panic. Without the short-players, there is NO BID which makes markets far less liquid. Whatever politicians can do seriously wrong, they are doing in spade! I […]

The European markets are crashing from the currencies to the debt – even the Bunds. The smart capital is realizing that this is the end-game. Central Banks are in a state of absolute crisis. We are looking at the extreme volatility that is required to eventually create the slingshot. As we head into the end […]

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QUESTION: Mr. Armstrong; You have warned that the European bank stocks were in real trouble. They have really collapsed. But you do not comment on them that often. Is there a reason for that? DJ ANSWER: Socrates is writing reports on over 1,000 instruments every day. It is impossible for me to comment regularly on […]

Last October, the European Union’s (EU) top court ruled in favor of Polish consumers who took out mortgages in Swiss Francs, allowing them to ask Polish courts to convert the loans into the local zloty currency in a blow for lenders. Back in October 2019, the Court of Justice of the European Union, based in […]

The public was outraged over the use of tax dollars to bail out banks during the 2007-2009 financial crisis. Congress passed the Dodd-Frank Wall Street Reform and Consumer Act of January 2010, which eliminated the option of bank bailouts but opened the door for bank bail-ins. The problem was that the banks in trouble were […]