QUESTION: Hello Mr. Armstrong, You just wrote, “But rationally looking at this, the seller will actually hurt themselves because they are not achieving the best possible price.” Isn’t that the point, the seller is not attempting to achieve the best price. Your statement acknowledges this is not being done for profit – so then what’s […]

QUESTION: Marty; I assume I understand the bottom line comes down to hyperinflation is just hype because it assumes the government will honor its promises. If they are moving to even negative interest rates and we see a rising tide of bankruptcies of cities and states to escape the unfunded pensions, then it is clear […]

On Wednesday there was once again a sharp price fall in gold causing gold trading  to stop for 20 seconds. Naturally people are calling this manipulation. But is that really the issue? Is it simply the fact that trading stops because of the lack of liquidity. Who is behind the manipulation is of course not […]

QUESTION: Mr. Armstrong; you are probably the first pioneer in AI. My professor at … mentioned you often. My question is straight forward. Do you believe your system has evolved along the same path as the human mind and if so can it achieve self-awareness and perhaps consciousness? ANSWER: I take it the sudden rush […]

QUESTION:  Martin – I have followed your work since I was in college (circa 2008) and am quite interested in the accuracy of your predictions. As a computer science enthusiast, currently working in the development field, I am most interested in your AI computer model of the economy. Could you elaborate on some of the […]

The Chairman of the Senate Committee on Homeland Security and Governmental Affairs Tom Carper gathered a witness list for the hearing that went on for several hours that was a chain of people who reflect the new attitude within the Bureaucracy that lies beneath the surface. The list included: The Homeland Security committee Criminal Division of […]

The preliminary evidence that continues to come in implies that fracking is causing earthquakes. I reported on this after some first hand investigation with people directly effected. Now, Reuters is reporting that the same trends in Pennsylvania appear to be showing up in Oklahoma. A study seems to be underway. This could have an impact […]

The Global Market Watch has been posted for the close of November 19, 2013. https://www.armstrongeconomics.com/market-watch/

On Jan. 1, 2014, Latvia will adopt the euro and another currency bites the dust. The lats currency will be gone and we must say farewell to the fulsomely bearded Krišjānis Barons, the collector of folk songs who graces the 100-latu note. The little Baltic nation is shucking a piece of its national heritage because its […]

On Monday, Congress held its first congressional hearing on virtual currencies focusing on bitcoin. As Congress discussed bitcoin, the price of one bitcoin soared to more than $750 apiece. Overlooked was the concern focused on anonymity and lack of regulation. Personally, it is hard to imagine a world where they will allow bitcoin to survive when they […]