Mario Draghi, President of ECB, has taken the European Central Bank deposit rate to negative territory. He cut the deposit rate for banks from zero to -0.1%, to encourage banks to lend to businesses rather than hold on to money. This has been in the works ever since Larry Summers floated the idea before. In […]

QUESTION: Hello Mr. Armstrong, First I wanted to thank you for your continued education and telling the truth about how things really work.  Seems we have been taught a load of cr-p.  I too am below water having listened to the gold promoters, who either are blatantly lying or have delusioned themselves to their false […]

QUESTION: Marty; do you think that the decline in liquidity is linked to all the manipulations that you fought against are now being exposed? You warned that with the decline in liquidity volatility will rise. It is interesting to watch the lower gold goes the more these people seem to hate you. Thanks AM ANSWER: There […]

The reason politicians are so dangerous is because they will never admit a mistake. Instead, they dig our grave ever deeper. In truth, they act no different from the management of ENRON. The only difference, they are never prosecuted for their frauds. Nonetheless, human nature is the same and just like ENRON doing everything possible […]

The Sovereign Debt Crisis that began to show its head in Europe is demonstrating that socialism just does not work. The whole idea of a central managed state and highly regulated pro-worker policy has reduced job growth and exploited labor to such an extent with taxes that the euro countries can no longer fulfill their […]

The Swiss began secrecy when Adolf Hitler came to power in 1933 and declared it to be illegal to for a German to have an account outside of Germany. The Swiss adopted their secrecy laws in 1934. This time, the Swiss are giving up everything and its bureaucrats that made these deals have no clue […]

To make it clear, people have a window to exchange the notes. No one loses money if they exchange the notes within that window. The reason behind this maneuver is to PREVENT people from hoarding cash tax-free. For the normal person having a reasonable amount of money, there is no problem provided you act within […]

QUESTION: Mr. Armstrong; I have never heard of cancelling a currency and replacing it where the old notes are worthless. This is routine in Europe? Thanks ANSWER: Yes. The old 50 pound notes in Britain are cancelled as of April 30th. Then in 2016, Britain will cancel all its currency again coming out with plastic […]

Interview by Kerry Lutz of Martin Armstrong

Ecuador hands Goldman Sachs 466,000 ounces of gold worth roughly $580 million at today’s ruling price. Ecuador under its socialist President Rafael Correa is seeking sources of cash after they borrowed over $11 billion from China because they defaulted on $3.2 billion of foreign debt five years ago. This is the consequence of debt and in the […]