Michael Steinberg was sentenced to 3.5 years in prison for insider trading on Friday emerging from the destruction of the hedge fund SAC. This is WHY the firm was prosecuted because it was not NYC based. Secondly, this helps the SEC and DOJ pretend they prosecute Wall Street when they do not. Insider Trading is […]

While people contrive secret groups that seek world domination, the real threat we have is directly in front of us – it is Republican Governments that masquerade as Democracies and are as evil as the Roman Republic that caused the civil war. The propaganda against Julius Caesar has survived to this day and has wrongly […]

I have warned that about 50% of the German municipalities are on the verge of bankruptcy. The pensions have been unfunded and are absorbing everything. As we saw in Detroit with more than 50% of current revenue going to pensions, taxes either rise, the borrow more, or they are out of business. We are in […]

QUESTION: Mr. Armstrong, What is a virtuous cycle? Thank You SK ANSWER: A virtuous cycle in the economy means that higher wages stimulate consumption, leading to higher prices and larger corporate profits. This is typically distinguished as a shortage of labor driven cycle rather than a mere cost-push cycle that was indicative of the 1970s driven by […]

Of course the Pro-Moscow rebels declared a complete victory in a referendum on self-rule for eastern Ukraine. They now want to join Moscow and the entire propaganda has been that this is just a CIA plot and that is what Russia keeps telling its people. Now the CIA plot caused the fall of the Soviet […]

David Cameron has come out and argued that Taxes will rise unless he can raid bank accounts in the UK. Cameron argues he will “have to put up taxes” unless tax officials are given draconian powers to raid people’s bank accounts IF they think they even owe money. Trust me – all politicians share ideas. Obama […]

COMMENT: Your forecast on marijuana was fascinating. I assume it lined up with the Sovereign Debt Crisis starting in 2010 and therefore the economic pressure would cause the change by 2013. Very interesting. GH REPLY: Yes, you are correct. This is why I say ABSOLUTELY EVERYTHING is 100% Connected. The introduction of the Marijuana Tax […]

  The Federal Reserve Act of December 23, 1913 authorized the first issue of Federal Reserve Bank Notes. All denominations were issued from 5 to 10,000 Dollars. The notes from 5 to 100 Dollars are series of 1914. The higher denomination notes from 500 to 10,000 Dollars are series of 1918. With the establishment of […]

One of our Texan readers reminds us about the Mexican Independence was indeed – a Sovereign Debt Default. “Monday was Cinco de Mayo which Texans celebrate more than Mexicans. Little known fact that the war had its beginnings when the Mexicans declared a moratorium on foreign debt for two years. The British and Spanish negotiated […]

QUESTION: Mr. Armstrong, I know someone who attended your 1985 Conference in Princeton. He said you illustrated the huge volatility, and forecast there would be the Crash in 1987 and 1989. He said you forecast the G5 would be the source of that volatility, and that there would be a Sovereign Debt Crisis that will […]