What the ECB has done is the first time a central bank has gone NEGATIVE to try to force people to spend. There have been NEGATIVE interest rates in a quasi situation with attempts to support a currency peg. This has been the case in Denmark. We also saw rates collapse in Switzerland when the […]

QUESTION: Will you have to change your/Socrates opinion due to this extraordinary step? I please you to give as an idea, as Socrates seems to be currently not updated. ANSWER: We actually have a very comprehensive interest rate database. Above is a picture of world interest rates but based upon capital concentration back to 3000BC. That […]

QUESTION: Marty; do you think that the decline in liquidity is linked to all the manipulations that you fought against are now being exposed? You warned that with the decline in liquidity volatility will rise. It is interesting to watch the lower gold goes the more these people seem to hate you. Thanks AM ANSWER: There […]

To make it clear, people have a window to exchange the notes. No one loses money if they exchange the notes within that window. The reason behind this maneuver is to PREVENT people from hoarding cash tax-free. For the normal person having a reasonable amount of money, there is no problem provided you act within […]

QUESTION: Mr. Armstrong; I have never heard of cancelling a currency and replacing it where the old notes are worthless. This is routine in Europe? Thanks ANSWER: Yes. The old 50 pound notes in Britain are cancelled as of April 30th. Then in 2016, Britain will cancel all its currency again coming out with plastic […]

Ecuador hands Goldman Sachs 466,000 ounces of gold worth roughly $580 million at today’s ruling price. Ecuador under its socialist President Rafael Correa is seeking sources of cash after they borrowed over $11 billion from China because they defaulted on $3.2 billion of foreign debt five years ago. This is the consequence of debt and in the […]

Unit: US dollar at current prices (Millions) Reporter Flow Indicator Partner 2008 2009 2010 2011 2012 World Exports Agricultural products World 1345661 1181938 1361458 1660517 1656711 World Exports Food World 1117141 1002192 1122197 1360115 1375255 World Exports Fuels and mining products World 3536228 2267786 3021302 4076442 4176457 World Exports Fuels World 2865304 1808745 2345512 3223909 […]

QUESTION: Dear Marty, You mention getting off the grid – but with technology –  today – how is ownership of anything ‘getting off the grid’? If governments truly want to hunt down global wealth and tax it – how is owning a house in London or a farm in NZ going to help anyone – […]

The Zimbabwean dollar (Z$) was the official currency of Zimbabwe from 1980 to April 12, 2009, with three periods of inflation. It began as the highest-valued currency units in the region when it was introduced in 1980 replacing the Rhodesian dollar at par. However, soon political turmoil unfolded and the CONFIDENCE in the government collapsed. This […]

The US Department of Justice is off the hook. They are seeking to lay fines on any bank that violates its rules simply because the transaction took place in US dollars. This is one primary reason we will see a neutral reserve currency. The USA is violating international territorial jurisdiction claiming authority over transactions conducted […]