Silver has been rising in Russia only as a hedge against the government.

QUESTION: Hi Mr. Armstrong, Thanks for continuing your daily blogs. One by one the light goes on for your readers. Your currency illusion blog today really hit home when I compare a similar situation in my own case. In 1999 I bought a ski chalet in Canada for $X US dollars when the Canadian dollar was […]

QUESTION:   Hi Martin All the goldbugs are out screaming the low is in ad gold is rising. Why is it rising with all the deflation? Should we be double checking something here? thanks M ANSWER: When they scream and there remains dead-silence, it is not finished until the fat-lady sings, as they say about operas. […]

COMMENT: Hi and thanks: I’ve been following you since before Rikers. I had doubts as to whether you would make it or not. Tough and determined obviously.   Before I had ever heard of you I realized there were massive flows of capital through-out the world but limited in knowledge and information access I had […]

QUESTION: Mr. Armstrong, I suppose I am a goldbug. I believe gold will be the answer and disagree with you advising people to be cautious about buying gold bullion. Gold has historically carried the day. I believe gold bullion is the way to the future. Why do you not see that reality? ANSWER: Perhaps you […]

QUESTION:  I want to share a true story with you. My father as a young boy in Greece saw what gold did for his family. My grandfather in Greece in the late 30’s and 40’s saw the rapid devaluation happening to the drachma. English sovereigns were plentiful there at the time as a sort of duo […]

QUESTION: okay Martin, So assuming Capitalism (property rights) and (direct) Democracy is the Promised Land, how the Hell do we get there? How do we break the Oligarchy? Cheers, em ANSWER: No matter what system we do create, it will be gamed eventually. If you look at Athens, pay attention closely to its history. Despite […]

  The typical sales job of the gold promoters has spend so much energy in selling gold as a hedge against inflation and thus gold will rise with the fall of the dollar, that they have so distorted the role of gold that they are driving potential investors away who look upon the gold crowd […]

Tomorrow Sunday in the City of Terror: The Three Little Pigs – Cameron, Merkel, Hollande – and other big supporters of the fanatics in Syria will participate in a march against fanaticism called Marche Républicaine from which they excluded Marine Le Pen who was willing to join them thereby excluding 25% of the population, in […]

Sometimes ancient remedies knew things we assumed were just nuts. Romans would put mud on a wound. They may have been right after all. A completely new antibiotic named Teixobactin is the latest Hoffnungsgträger medicine discovery against multi-resistant organisms. The substance is produced by soil bacteria of mud. The researchers discovered from Bonn and Boston that […]