Snowden releases more info showing that communications over the entire globe are being swept up. This is not about terrorism; this is an effort to hunt money on a massive scale to sustain the current forms of government. They are gathering absolutely everything and what they fail to understand, is this type of restraint impedes […]

COMMENT:  Hello Mr Armstrong, just want to share with you an interview today with Mr Draghi in the Dutch newspaper ‘De Telegraaf’ (June 21st 2014). I had google translated the text but made some modifications here and there. Hope you can still understand it. Draghi wants more power to Brussels, that’s quite clear from the […]

While there has been a lot written about the NSA grabbing phone calls and even Snowden warning that phone calls are the most insecure form of communication, this move to share info among government to hunt capital for taxes has been expanded to telephone services. You can now ONLY buy a telephone with a credit […]

Leaked WikiLeaks documents reveal the Abbott government in Australia is moving with the EU and the USA in a secret trade negotiation that is aimed at bringing about radical deregulation of international banking and finance sector. While this Trade in Services Agreement (TiSA) negotiations, reported by The Age, show Australian trade negotiators are working on a […]

In London, buses will start in July accepting cards only – no more cash. Currency Exchanges are now offering cards instead of cash that they market as being safer in travel.  In Manchester, all the shops on Chorlton Street will no longer accept cash – only cards. This is a test to see if society […]

Argentina has bluntly stated it cannot make the next bond payment. The exist fees being attacked to long-bond funds is also the realization that our models are spot on. I am off to urgent meetings in Europe. All I can say is our phone has been red-hot. Equities are rapidly becoming the new international gold […]

COMMENT: Mr. Armstrong – The Liberal majority was no surprise – they are still the best political machine in the province.  They promise no deficit in 2 years – well that’s smack in the middle of  2016, so good luck with that.   What worried me was the militant advertisements by the Ontario Provincial Police […]

The real birth in electronic money is not Bitcoin, but Google Wallet. Standing in line at Starbucks you will see the under 25 crowd pay with their cell phones. Sorry, but Google is already there. Bitcoin cannot compete nor will traditional banks. Just as Amazon reduced book publishers to a subservient role at their direction, […]

Ireland’s Finance Minister Michael Noonan has been desperately trying to meet the strict brain-dead requirements of the troika of the European Commission. These are lawyers who are trying to firm up their own jobs by thinking to maintain confidence in the Euro, they have to embrace austerity. The ECB President Draghi is so out of […]

The head of the Bank of England, Mark Carney delivered a speech at the “Lord Mayor’s Banquet” in London’s financial district with the surprise announcement of an interest rate reversal. United Kingdom This is a departure from the policy of the ECB. Primarily, the British economy was saved by staying out of the Euro. The significant […]