New York state has enacted a bill to extort fossil fuel companies in the name of climate change. Governor Kathy Hochul believes the bill will generate $75 billion in funds for the state over the next 25 years, which she claims will be used to fight climate change. Why would any energy company want to […]

QUESTION: Regarding CBDC, will they convert all the savings/cash in your bank account, will they convert everything in your brokerage accounts (all stocks etc.) will they go after gold and silver you have in storage (Brinks, for example)? KS ANSWER: Everything will be converted to the new CBDC. The money in your bank account is already […]

COMMENT: A reader has submitted this which is typical of every economic decline. The money grab by cities which are desperate for taxes is escalating, law enforcement is no longer about protecting but generating revenue. The confiscation of property obtained through illegal means appears reasonable, yet given this is civil forfeiture, no proof is needed. […]

A lot of people are fixed on what money is and presume somehow that a return to precious metals will solve the problem. Precious metals are for personal use. They have never prevented any society from systemic economic collapse. Do not confuse hoarding gold to preserve wealth with a gold standard. We had one with […]

QUESTION: Marty, is it possible we are witnessing the greatest financial trap to unsuspecting global citizens as they ‘build a digital prison’ as many opine OR is this the perfect monetary system that will give opportunity to impoverished nations to rise out of the ashes? We see kids, millenials to Gen X, buying it like […]

Argentina has posted its first budget surplus in 123 after President Javir Milei took office and demanded an abrupt halt to government spending. Governments worldwide should carefully take note. Milei proudly announced: “The deficit was the root of all our evils — without it, there’s no debt, no emission, no inflation. Today, we have a […]

QUESTION: Mr. Armstrong, I just had to write in to say thank you for explaining that Bitcoin was just a trading asset, not some new currency that would replace the dollar. I understand that money must be elastic to grow with society in economic booms and population. I just read a quote reported by Bloomberg: […]

What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% of the total budget (13.5 trillion rubles) for FY25 to defense spending, which accounts for 6.2% of total […]

QUESTION: I want to apologize and thank you. I thought you were just a Trump supporter, but your warning that his tariffs can send the world into a depression demonstrated not just that I was wrong but that you are a genuinely impartial and independent voice in the wilderness. Here in Europe, for the last […]

The United Kingdom’s Climate Change Committee (CCC) is rapidly moving to eliminate useless carbon from the environment by targeting citizens. The agency said that achieving Net Zero will require “behavioral changes” from the people that include curtailing every aspect of life from diet to transportation. But don’t worry, the agency claims the “people seem willing […]