The EU migration chief, Dimitris Avramopoulos, has demonstrated that politicians are just so out of touch with reality they are securing their own demise. Avramopoulos has made a speech that Europe is set to absorb massive waves of migration “for the decades to come” and that the EU will “never become a fortress” building walls to keep people […]

Naturally, the majority had to be wrong that the dollar was in this inevitable bear market. These prognostications were typically those who kept cheering gold higher and ignore everything else on the silver plate of politics. The implications of the Italian elections have been ignored by so many. They were a major blow against the European Union […]

It really is stunning how politicians in Europe are so disconnected with the people. The press bashes those in Britain who are against “refugee” immigration from the Middle East as RACISTS, despite the fact that they are of all races and Islam is not a race, it is a religion. It is amazing how they throw that […]

Private Blog – The EURO – Has the Dollar Rally Begun?

The Cologne Institute of German Business sees in the planned European deposit insurance is simply incapable of proving protection against a bank crash in Europe. The EU deposit guarantee is simply not practical under any concept of austerity. The Eurozone still has inherent significant risks in the balance sheets of European financial institutions. This is […]

QUESTION: Why is Europe still in an economic crisis among its banks while the US banks are obviously beyond the crisis days of 2008-2009? Thank you for your insight. HT ANSWER: The bad loans in the states were really dumped into Freddie Mac, is a public government-sponsored enterprise created in 1970 to expand the secondary […]

There have been persistent rumblings behind the curtain that the ECB has been “frowning” on anyone taking short positions on the Euro. They have already outlawed shorting government bonds and they are trying to wrestle the market in the Euro from London to bring it within their power and control. Up until now, they have […]

QUESTION: Mr. Armstrong; Do you advise the IMF or are they just taking your warnings and mimicking them? They are now telling everyone in Europe, not the United States, to create a crisis fund. Every Euro country should deposit 0.35% of its GDP there every year into this disaster fund. I find it curious that you are […]

  The results of the Italian election is just starting to sink in. The rise of comedian Beppo Grillo to Italy’s most successful politician, who won 32.7% of the popular voted compared to Merkel winning 32.8% in the German election.  Following the election on March 4th, Grillo’s “five-star” party took by far the first place. […]

The European Central Bank (ECB) has postponed its new guidelines for banks because if it did not, the Italian banking system would simply collapse. The ECB has given Eurozone area banks more time to adapt to new guidelines on how to deal with bad loans. The deadline has been postponed from 2018 off into 2021. The […]