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July 16, 2013
Goldman Sachs Group Inc reported its quarterly profits doubled, however, this was predicated upon trading profits and a lower tax rate by keeping its profits offshore. This is precisely the problem as investors are now beginning to understand that trading factors are no guarantee with respect to future success. The “bank’s” shares declined on Tuesday despite […]
July 16, 2013
3rd Century (Æ Antoninianus) . . . . . . . . . . . . . . $240
July 16, 2013
Only in America is it possible when the rich people – who pay 86% of all income taxes – are accused of not paying their “fair share” by people who don’t pay any income taxes at all. And then, politicians can talk about the greed of the rich at a $35,000.00 a plate campaign fund-raising event […]
July 14, 2013
Back in 1929, the then US Secretary of State Henry Stimson closed down his department’s code-breaking office because, he said, “gentlemen don’t read each other’s mail.” The end of a society historically is marked by paranoia. MSN reports on Obama orders government employees to spy on each other. What Obama cannot grasp is once you begin […]
July 13, 2013
The Dow Jones Industrials are approaching the major top of the up uptrend channel. which stands at the 16000 level for the 3rd quarter. We have a turning point in September. The real question is will we breakout and move into a Phase Transition going into 2015.75? This depends entirely how we interact with this […]
July 12, 2013
The minutes of the Fed meeting are showing that we may not be talking about tapering the Quantitative Easing, we may be looking at its end. Bernanke is leaving because the Fed has no room to manipulate the economy no less interest rates. This is perhaps the greatest dissent within the Fed we have every […]
July 12, 2013
US Citizens begin Lobby to Repeal International Taxation on American Citizens. What they need to know is that Congress did not write a law taxing worldwide income. That was a judge who decided that and he had no such power. https://www.armstrongeconomics.com/2013/01/22/supreme-court-the-right-to-discriminate-against-class/ To fight this issue, in a Texas court I suggest bringing a lawsuit against the […]
July 12, 2013
QUESTION: When the capital flows change direction after 2015.75, . . . .. If the inflows come to the USA after Japan & Europe implode, where does capital go after 2015.75?????? ANSWER: If we see the crisis unfold in Europe and Japan over the next 2 years, we will get the traditional Phase Transition here like Japan […]
July 12, 2013
Perhaps the number one question I always get about the ordeal I went through and the sheer chaos that surrounded everything, was just who really was behind the plot to blackmail the former head of Russia Boris Yeltsin to stop him from running for reelection in 2000 and hand-pick Boris Abramovich Berezovsky? It is true […]
July 11, 2013
QUESTION: I was taking to a fellow attendee at your Princeton conference who has been following you since the 1980’s. He said when you write the Fed is telling banks to “re-calibrate”, this is not speculation or opinion, but fact based upon real sources. Is this true? ANSWER: Yes. I never speculate like that. If I am […]