Showing 21692 Results for
Search instead for
Showing 21692 Results for
Search instead for
November 22, 2013
COMMENT: You just wrote in your definition of Hyperinflation “They debased coinage routinely, which is why Jean Baptiste Say (1767-1832) argued money has never been “tangible” or a store of value. So simply making money out of gold or silver does NOT prevent the very evils the gold promoters attribute to fiat.” Thank you so […]
November 22, 2013
QUESTION: Dear Mr Armstrong, Thank you for kindly answering my question on data. No doubt you are aware of Ray Kurzweil and the Singularity Theory. The deflationary impact of technological change, nanotechnology, quantum computers, etc etc seems to be accelerating exponentially. This must be causing a crushing impact on historical cycles. Can your model realistically […]
November 22, 2013
The Globe and Mail Published Wednesday, Nov. 20 2013, 7:16 AM EST It’s funny to think of someone leaving 24 gold bars in the toilet of a plane. But that $1.2-million (U.S.) in bullion highlights one of India’s big economic irritants. According to reports today, the bars were found in the lavatories of a […]
November 22, 2013
QUESTION: Dear Mr. Armstrong- First, thank you for all the research you provide the investment community. I have been duly cautious thanks to your web site — note I first learned of you through … web site & and article in The New Yorker. If there has been any lesson to date over the past […]
November 21, 2013
The Global Market Watch has been posted for the close of November 21, 2013. https://www.armstrongeconomics.com/market-watch/
November 21, 2013
In gold we have a Daily Bearish Reversal at 1250 followed by 1206, and 1179. But the next big area after 1206 will be 1088. The 1206 number is also a Weekly Bearish Reversal. At this point, gold has to close ABOVE 12816 on Friday just to stabilize. A weekly closing BELOW 12613 will warn […]
November 21, 2013
The Battle Between the Gold and Silver Standards of the 19th Century QUESTION: Mr. Armstrong, You recently said in your Bitcoin article quoted below: “This is why they have been waging war on gold”, can you please explain who they are and how one would wage war on gold? ANSWER: The war is not […]
November 21, 2013
The ECB (European Central Bank) has announced it is now considering moving interest rates to negative. So those who wanted to know did Larry Summers’ speech have any impact – the answer was yes. This has been floated around behind the curtain. I have been asked about this increasingly over the last 6 months all […]
November 21, 2013
QUESTION: Martin, I think I fully understand your argument that Hyperinflation can hot occur in an established economy/society and that currents events are leading, almost inevitably to deflation but, in the same way as the interest rate cycle is turning up, for the majority of us, certainly in the UK, basic costs, e.g food/energy, are […]
November 21, 2013
QUESTION: Mr. Armstrong, Much respect for your work. Thank you. Could gold be entering into an extended bear market that could take us past a low in the next couple of years. I cannot possibly grasp how gold can even be involved in a portfolio with the movement to electronic money. My question is, could […]