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California Drought – Maybe a Real Crisis in the Making

QUESTION: Marty, I remember you had forecast that we would go into another major drought in the West after 2000. I think that was in a special report on agriculture. Your forecast seems to be spot on there as well. Do you have any updates? Thanks A California reader for life. BK ANSWER: Yes, that […]

Scotland – YES or NO – It is just Economics

QUESTION: Marty Somebody has just bet $1.3million on a ‘NO’ vote result in the upcoming Scottish Independence Referendum – was that you? J Seriously, is the computer predicting a ‘YES’ on this issue (I have seen on the blog that the timing would be perfect, cycle-wise) and do you believe the hype about a 10% drop […]

Should the US Give Up The Dollar as a Reserve Currency?

For the first time the position of the dollar as world reserve currency in the United States has come under criticism by Obama’s former chief economist, Jared Bernstein (2009-2011). Bernstein argues that the accumulation of dollar reserves abroad make the US currency too strong. This destroys jobs in the United States and weakens the economy. Retaining […]

Scottish Vote Scares London

We have been warning that the Scottish separation was something to take seriously since the Berlin Conference in 2012. Now suddenly the polls are showing Scotland just may vote YES and leave the UK because of the rising chaos in the EU and the totally insane policies in France. The British financial markets tumbled on […]

Government Punishes Savers to Support Debtors – Has Western Society become Fascist?

The entire problem we face going ahead stems from the very idea of Karl Marx that government is capable of managing the economy either through communism or autocratic-socialism where the state dictates to the economy under the pretense of caring for the people, that has truly become a derivative of fascism where the state comes […]

The September Start of War

QUESTION: Mr. Armstrong; The fact that you gave us all warning of the turn in the Cycle of War coming in 2014 back at the 1998 conference and at 2011 conference, was truly amazing to watch how this has all worked out. But the stunning realization that you pinpoint Ukraine as the flash point and […]

Will Gold Still Go to $5000?

  Yes – to answer a lot of questions. We still see the future rally in gold reaching the $5,000 level. Keep in mind this requires an asset rally. Those who tout the German Hyperinflation omit the fact that ALL tangible assets rose not only gold and the replacement currency people accepted was backed by […]

Gold at $2000?

QUESTION: Marty, do you think it is even possible for gold to close at $2,000 by year-end? This just seems to be the same story over and over again. Thanks SK   (1864 high with 1992 low) ANSWER: Sorry, no. Here is a chart of gold back to 1264. There is not even a pattern […]

Ferguson – Missing the Point

A few people have sent emails justifying the killing of Brown saying they will prove he was dangerous and on drugs. It really is irrelevant. Aside from the fact there is the little Commandment that says thou shalt not kill with no exception if you have a badge, the only justifiable reason to kill someone […]

Economic Confidence Model Rules?

  The vast majority of those who attempt to use cyclical analysis to forecast create flat models and as such they cannot always see the forest staring at a single tree. There are countless trends and counter-trends all moving at the same time making cyclical analysis often bewildering. A cycle will appear to work for […]