A remarkable discovery has been made and reported by the BBC. A clay tablet recording the story of Odysseus after the fall of Troy by Homer who is the famous Greek poet who was born sometime between the 12th and 8th centuries BC. He is believed to have possibly been born somewhere on the coast […]

Just when the markets started to rejoice in the fact that there had been no recent escalation of trade wars and then the silence is broken. Early in the Asian trading day the US released a list of additional tariffs which are assumed to total close to $200bn. This number has wobbled equities and put […]

  COMMENT: Mr. Armstrong; As you know, we rejected the proposal to eliminate banks from creating money by lending or the Sovereign Money Initiative. What you did not report is that the very same reasoning behind that movement has been used for the cryptocurrencies. In fact, they were using Bitcoin as proof that their idea […]

The causes of the Great Depression have been debated for decades. The problem with all of the analysis is this same attempt to reduce the cause to a single event. In school, we read the Great Crash by Galbraith. He was a socialist so he blamed the corporations and never bothered to ever even mention the […]

The question of money supply and inflation has been erroneously set in stone philosophically predominantly by the debasement of Spain and Britain during the period of Henry VIII. This was really a period where there were various countries and their currency completely relied on the exchange market in Amsterdam, which was based entirely upon their metal […]

Many in Asia had expected to see a recovery today following the turnaround we saw in US markets, but this was not to be. Despite an early rally prices soon turned lower as concerns over the US/China trade tariffs and renewed Yuan negativity. The Hang Seng looked to be the outlier but remember it was […]

  As we enter Q3 trading, markets remain nervous over trade and Europe. We still have QE disrupting bond markets and so it is not possible to acquire a clear view of risk. The ECB has been relentless in masking European government exposure and is even rumour they are participating in the FX market. New […]

QUESTION: Mr. Armstrong; I am impressed with your computer system for without historical data depth, it still manage to correctly forecast the high in Bitcoin. The BIS had come out against cryptocurrencies as has our central bank here in Switzerland calling them crude and unlikely to become a world currency without impressive advancement in the […]

  QUESTION: Sir; I have noticed that the Roman and Greek hoards of coins you have offered are silver. You do not offer hoards of bronze coins. I have two questions. First, are broze hoards less common? Second, why have you been a buyer of large hoards to begin with? Thank you LW ANSWER: There […]

Angela Merkel promised the German people that she would not just hand Greeks money as she does with the refugee, no, she would make them pay dearly for allowing Goldman Sachs to structure deals to get them in the Eurozone. Indeed, she has kept her word. In response to a parliamentary question from the Green Party, […]