Part of the reason when commodities must fall is largely due to the fact that a 13 year rally inspired the expansion of production. We saw the same thing develop into 1980 and the collapse thereafter shut down new mines. As prices fall, profits decline forcing the closure of marginal operations that became possible only […]

So many of the ancient statutes are headless because religious people assumed they were false gods and destroyed them. The destruction of libraries have been far too common throughout history. Even the Nazis in Germany had the great book burning. This is why history repeats – human nature never changes. This was illustrated again as […]

    I have worked with politicians in Washington for 30 years. It has never been as bad as it is today. There is nobody worthwhile to even speak to anymore. I really see no difference between Republican and Democrat. People who think impeaching Obama would actually accomplish anything do not realize that there are […]

  The Code of  Hammurabi 1795-1750 BC Claude Hermann Walter Johns: BABYLONIAN LAW–The Code of Hammurabi. from the Eleventh Edition of the Encyclopedia Britannica, 1910-1911 The material for the study of Babylonian law is singularly extensive without being exhaustive. The so-called “contracts,” including a great variety of deeds, conveyances, bonds, receipts, accounts and, most important of […]

The primary reason why I have been touting that we no longer need taxation at the federal level is because money is no longer tangible. The evolution of money migrating to simply electronic actually allows the restoration of freedom. Taxes were once needed when money was tangible because it could not be created. The diehard Goldbugs […]

Terms Used In Armstrong Economics Forecasting Reports TURNING POINT A target that can be either a high or a low. It is a cyclical target that amounts to a turning point irrespective of the event (high/low). VOLATILITY Volatility can be measured in many ways. We have volatility that can be from the previous close to […]

The month end closing for gold was 1392.60 holding the main Month Bearish while electing 1462.50, warning that yes we are still in a correction mode, but crisitcal support is holding for now. When we look at Copper, the primary support lies at 303 whereas this has held intraday falling to 305, but again, it […]

  Alan Simpson, Wyoming Republican Senator who became co-chair of President Obama’s deficit commission, called senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats. This career politician’s comments illustrates the entire problem why we do not have a democracy. These people rig the game to get elected, […]

On Page 60 there are both the Nearest Futures and the Spot Reversals which include 146250 is the cash number to watch  

The key problem on a global scale has been the sheer arrogance of government in the Western so called “democratic” regions. People are starting to wake up and realize that we do not live in a democracy but republics and we remain without a voice. Once these people take power, they stop all consultation with […]