QUESTION: Can you shed any light on the history of money in Portugal. There seems to be scant discussion of this subject. Thank you ANSWER: The first coinage of Portugal really is Roman and it appears to be struck by the first Roman Emperor Octavian/Augustus (27BC-14AD). The location of the mint was the city of Évora. […]

The leaked UN climate report is very alarming. They are using linear analysis as always and disregard any nonlinear cyclical data. They are urging that a major crisis will take place by 2040 and that countries must clamp down on emissions virtually IMMEDIATELY.  They are arguing to increased taxation and Europe will eagerly follow because […]

Angela Merkel has been effectively overthrown over the refugee open-door policy and we may see this officially in a matter of weeks by 07/02 or the week of 07/09. She was given two-weeks to reverse her policy which is effectively a polite way of saying to hit the road. Some are trying to claim that […]

Mario Draghi said the euro-area economy is strong enough to overcome increased risk,  and therefore this justifies the European Central Bank’s decision to end bond purchases bringing to an end a decade-long failed experiment. The truth behind this statement is starkly different than being portrayed in the press. Draghi also pledged to keep interest rates unchanged […]

May was an important turning point in Southeast Asia. The corruption that has engulfed the previous Malaysian government centered around a sovereign wealth fund involving Goldman Sachs has rocked the entire Malaysian peninsula. The national debt, which was believed to have been $170 billion, appears to be more like $250 billion of 80% if the national […]

On the November election in California, enough signatures were gathered just over 400,000 to put a question on the ballot – should California be split into three states? The discontent in California is certainly regional. The proposal for three states would break California up into North, South, and just California. Tim Draper has been the primary […]

The pitch by various ancestry operations is to send in your DNA by spitting into a vile and they will tell you your ethnic background. Sounds nice, but they then keep it. Why? The greatest danger is that such info can be turned over to the government at any moment. Giving up your DNA is […]

  I mentioned before that Netflix had originally wanted to air The Forecaster movie, and then all of a sudden they refused because of politics. Well, now Barack Obama and his wife Michelle just signed a contract with Netflix. Netflix has signed a contract with the Obamas for the production of films, documentaries, and a series. Obviously, […]

QUESTION: Mr. Armstrong, the famous economist Paul Krugman says that debt is ok when we owe it to ourselves. He calls it “deficit scolding” as he wrote in the New York Times. Would you like to comment on this statement? GH ANSWER: Paul Krugman seems to lack any historical understanding of how nations rise and fall. […]

COMMENT: Sir, After reading your blog post about the 300% increase in the cost of healthcare for refugees, I wondered the cost in this country for illegal aliens. Healthcare. Education. Food stamps. Etc. I googled anywhere from 3.4 to 11 billion dollars from health care alone. I laughed out loud after reading the above. You […]