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September 3, 2015
I will be in Athens, Greece, the birthplace of democracy and where the Sovereign Debt Crisis made its first appearance on the Pi Target back in 2010. This will be a live broadcast to 13 countries throughout Europe on September 29, 2015. We will be providing the info for clients.
September 3, 2015
COMMENT: Martin – The distaste for and turning-away from status-quo government that you predicted several years ago is showing up in more countries: (Sweden) REPLY: This is a worldwide trend. We are witnessing this everywhere from India to Eastern Europe, South America to Canada, from Australia to Japan, and from Sicily to Sweden. This is […]
September 3, 2015
QUESTION: Dear Mr Armstrong, First of all, congratulations for all the public information that you are offering in your website. For humble learners like me is fascinating. Your ECM says that there would be a peak in October. Could it be a peak in the confidence in the Dollar as a reserve currency? I would […]
September 3, 2015
The Reserve Bank of New Zealand revealed new $5 and $10 notes. However, Reserve Bank deputy governor Geoff Bascand was asked directly if the redesigns could be the last. He responded by saying, “It is possible. People are speculating and talking about becoming a cashless society, but we haven’t seen it yet.”
September 3, 2015
Finally, a state judge was sentenced to 28 years in prison for taking bribes from a private juvenile prison where he sentenced kids for the profit of the prison. I have yet to meet any judge who is actually “HONORABLE” as the title they bestow upon themselves suggests. The issue is not that all judges accept bribes; rather it […]
September 2, 2015
Asia produced a mixed session for equity markets today with all majors closing in the red. Not too much gossip as most players were digesting the ADP report, guessing China’s next move (with dealers still bidding on long-end Treasuries), and anticipating Friday Non-Frams. Europe saw a more positive note closing with small gains, but it was the U.S. market […]
September 2, 2015
Above is a Roman Æ Sestertius (34mm, 22.18 g) of Nerva (AD 96—98), struck at the mint of Rome (97 AD). The reverse reads: “PLEBEI VRB[ANA]E FRVMENTO CONSTITVTO”, and pictures a modius filled with poppy and six grain ears. This demonstrates how society has ALWAYS aided the poor (plebs) for that is part of humanity. Socialism is simply the justification […]
September 2, 2015
The FT ran a commentary entitled, “The case for retiring another ‘barbarous relic'” on paper money. Money has historically never been a store of value for money is on the opposite side of tangible assets. Even when gold was used as money during the 19th century, its discovery in California was highly inflationary. Rooms for rent in San […]
September 2, 2015
QUESTION: What will happen after 2015.75? Can you share anything? Thanks from those who cannot attend your conference PD ANSWER: All systems tend to collapse in ten 8.6-year waves, and the last 4.3 years are typically the worst. That is what we should see between 2015.75 and 2020.05. By comparison, the Roman Emperor Valerian I […]
September 2, 2015
Back in the 90s, we would outfit schools with computers because, in my judgment, computer science is probably the most essential qualification next to reading. You can even get a pocket calculator to do your math, and you can have phones read your text messages, but the one skill set that children cannot do without […]