The New York Times July 19, 1998 Leader Exits, but It May be too Soon to Invest in Japan by Joseph Kahn The day after Japanese Prime Minister Ryutaro Hashimoto resigned, adding politics to the left of Japan’s financial and economic woes, one of the country’s leading financial newspapers topped its front page with this […]

Whether Hunted or Buffetted, Silver Swings Supply is the key issue when it comes to the price of silver, but the extent—and control—of supply in this market are not always what they seem. If you ask Martin Armstrong, the silver market is lined with lead. A silver trader on the New York Mercantile Exchange (Nymex) […]

QUESTION: Dear Martin, First of all, thanks for making the sense of the world for all the readers. Without you, as you yourself know well, 99.99% of us are lost !!! When you say- That is when inflation will appear when this become obvious we have a runaway train and central banks can do NOTHING. Are you saying […]

QUESTION: Do you think Congress would accept a debt for equity swap? I am not sure even their chief of staffs would understand this one. HD ANSWER: There is precedent for a debt-equity swap. That is actually the Hamiltonian Model. Alexander Hamilton proposed that the States who funded the Revolution should have their debts consolidated […]

  We have a DOUBLE Monthly Bearish Reversal coming into play today for the Euro at 107.65. This seems to confirm we will see a drop to par. This is still placing pressure on the dollar and a rising dollar remains the confirmation of a deflationary trend in motion. Europe can lower the Euro, but […]

QUESTION: Mr. Armstrong, If QE is not inflationary, then why are you proposing debt-for-equity swaps? What’s the point. Why not monetize 100% of all deficits and then simply have the central bank cancel the debt? Also, why don’t you ever entertain the idea of a free banking system? Why does government need to be involved at […]

QUESTION: Hi Martin, Enjoyed the Solutions conference and am looking forward to the October conference.  There was no mention of the over the counter derivatives market.  Would a debt to equity swap trigger the swaps creating a much larger problem then the current outstanding debt?  Didn’t they try doing a voluntary default with Greek debt before […]

COMMENT: Mr. Armstrong, I just wanted to say your proposal is brilliant. I fear most people will not grasp what you put forth because they are confined in their world of ideas about money having some tangible value and inflation is related to the quantity of money rather than as you say, it is just […]

The reaction rally in the markets appears to be unfolding on schedule. From the broader perspective, a corrective process in equities will send the residual cash into bonds and this may help create the final bubble top in interest rate markets. This should materialize with a correction in the dollar and that pop in the […]

Obama will go down as perhaps the worst President at least since 1900 if not ever. He has torn apart the entire fabric of world peace and whoever has made any decisions in global strategy seem to be some sort of Megalomaniac. Russia has developed planes to ensure they can directly bomb the USA and […]