QUESTION: Why do banks seem to always fail? ANSWER: The business model is inherently flawed. They borrow short-term on demand and lend long-term. They take your demand deposits in your checking account and lend for mortgages out 30 years or speculate with your money like M.F. Global who Obama protected proving my point – Democrats […]

QUESTION: If Europe is going down the drain before the US (the lack in confidence in EU governments), isn’t it expectable that the gold price will rise in Europe first? If that isn’t so, will the dollar always be the first refuge and gold the last one, rising only after the US collapses? Thank you […]

Irish leader Enda Kenny has said he understands “the rage and the anger” of Irish people on Monday (24 June) following a leak of taped conversations by two Anglo-Irish bank bosses which indicate the Irish government was conned into propping up the bankrupt lender. The taped conversations, obtained by the Irish Independent newspaper, between John […]

    Martin Armstrong guides us through economic history. Detailing previous sovereign collapses by showing examples of similar situations to what we are witnessing today. Armstrong explains there are only few possible outcomes to the current crisis and unless a radical change occurs we will face similar fates as our ancestors have seen before. A […]

  Orrin Hatch Author of Biometric Exit System for All Americans GOP Senator Orrin Hatch introduced an amendment to the immigration bill that is the start of the American Iron Curtain requiring a mandatory biometric exit system at airports with the highest volume of international air travel, that even Senator Jeff Sessions (R-Ala.) wanted to do […]

  Martin Armstrong guides us through economic history. Detailing previous sovereign collapses by showing examples of similar situations to what we are witnessing today. Armstrong explains there are only few possible outcomes to the current crisis and unless a radical change occurs we will face similar fates as our ancestors have seen before. A sovereign […]

British intelligence GCHQ has spied on the Transatlantic fiber optic cable grabbing ALL German e-mails and phone calls. Just what the hell is going on in this world? This is like a jealous girl/boyfriend trying to make you account for every minute you are not with them. Enough is enough! Any politician who defends this […]

There is no hint of the Department of Justice bringing Criminal Charges against Corzine. But the worldwide criticism against the players in NYC being the “Untouchables”, has been widespread. The government hopes to address this issue the same as always with a civil charge that will eventually be dismissed for a fine as always and […]

The A$ has been dropping of late as the US dollar is rallying on a global scale. This is impacting also commodity prices and the bottom line is simply that the US$ remains as the biggest short out there and a rally will be devastating on a global scale. It is also the only hope […]

QUESTION: No one ever talks about the depression from 1920-1921, but as I recall in researching it the government and the Fed never intervened and just let things play out.    In the end this depression hurt for awhile, but was over very quickly and from that point on we had the roaring 20’s. You […]