We have a huge audience in Russia who now number nearly 50% of American readers. Germans often point out that Hitler came from Austria. Likewise, to be absolutely accurate, Stalin was not Russian. Stalin was born Ioseb Besarionis dze Jughashvili on the 18th of December 1878 in the town of Gori, Georgia. As part of the Communist Revolution, […]

QUESTION: Mr. Armstrong, its seems rather clear that for the last 30 years you would have been far better off just buying stocks rather than gold. I do not understand how people can even listen to these gold promoters who have no regard for a person’s financial survival. I have to wonder if they are […]

The World Gold Council’s annual demand trends study for 2014 are out and they show that there has been a very painful readjustment for the gold market after a record-breaking 2013 where 880 tons of gold was liquidated from the ETF area. The overall demand slipped 4% to 3,923 tonnes last year in 2014 with […]

The cornerstone of the EU was to be the freedom of movement to create the United States of Europe. This became known as the Schengen Agreement to the create a borderless Europe signed on June 14th, 1985 between five of the then ten member states of the EU. It proposed the gradual abolition of border checks at the […]

The Greek crisis began exactly on the Pi turning date to the day. Now, Greek demand for gold coins is rising as common citizens worry that Greece will exit the Euro. They have been taking cash out of the banks hoarding and buying gold coins as well according to the U.K. Royal Mint. But the bulk […]

Europe is moving against the USA and closer to Russia. Kerry has outright lied to the American public to cover-up their stupid sanctions policy. Following Francois Hollande’s calls for greater autonomy for Eastern Ukraine, former French President Nicolas Sarkozy has come out in apparent support of Russia (and specifically against the US), “we are part […]

Just in case if you have not seen this, Big Bang is clearly in play. The dominoes are starting to fall! Obviously, bearish for the Euro broader-term, but will be interesting to see how the peripheral debt trades tomorrow. The ECB Press release emerged on a waiver of collateral regarding Greek Bonds. The Governing Council […]

QUESTION: Hello Mr. Armstrong, I am reading Hoover’s memoirs to get a better handle on how he saw capital move during the Great Depression. I understand the Great Depression began its crash in October of 1929, affecting global markets for the next ten years. If this is not too much to ask of your time, […]

  The greatest danger we face is that far too often I am the only one saying something. Surely I cannot be the only person who comprehends the real trends. The danger we face is that those with experience on trading desks of fixed income and FX, see what I see, but cannot speak out. […]

The ECB’s monthly spending will include its existing programs to buy covered bonds and asset-backed securities. However, of the added purchases, Draghi said 12% will be debt issued by European Union institutions and agencies, and the rest will be government bonds – 88%. Given the problem that the banks use government bonds for reserves and […]