Those who are new readers are probably unfamiliar with what I have called the Golden Rule of Reactions.  When it comes to TIMING, it is vital to understand the basic tenets of cyclical analysis. That fundamental principle is where do we draw the line between a change in trend and a mere reaction. That line […]

New York Mayor Michael Bloomberg is hell-bent on dictating to people what they can and cannot do. He has the guts to stand before an American flag and utter nonsense. He is banning large sugary drinks that takes effect on March 12th, 2013. This insanity demonstrates how bad things have become. The pizza deliverymen will […]

The Dow Jones Industrials have only reached 14102. They have not yet exceeded the 2007 high. Nonetheless, the market is paused for significantly higher highs and for now we are still in a staging position. Today should have been a Directional Change and the Dow backed off. Still, we face a lot of volatility building […]

Britain is adopting US tax law by default – worldwide income. The US position to tax citizens on worldwide income even when they do not live here was NEVER enacted by the people in a democratic manner, but rather it was purely a creation of American judges. I explained that the US banks starting in […]

The Massachusetts Body of Liberties adopted as law by the General Court of the Commonwealth of Massachusetts Bay December, 1641 1. No man’s life shall be taken away, no man’s honor or good name shall be stained, no man’s person shall be arrested, restrained, banished, dismembered, nor any ways punished, no man shall be deprived […]

We still see unemployment rising. The primary trend is the state and local government cannot print money and are the major source from which jobs will vanish. Of course there is the natural evolution of changes within the economy as it continues to evolve. That means there is some reduction in jobs due to the […]

606 F.2d 28 Fed. Sec. L. Rep. P 97,120 Michael F. ARMSTRONG et al., Plaintiffs-Appellees, v. Clovis McALPIN et al., Defendants-Appellants. No. 1010, Docket 79-7042. United States Court of Appeals, Second Circuit. Argued June 13, 1979. Decided Sept. 12, 1979. J. Robert Lunney, New York City (Michael J. McAllister and James J. DeLuca, Lunney & […]

The tensions are rising around the globe and they are centered on government corruption and complete failure. This is the price of Marxism. Governments have been promising so much to so many for so long, that as this generation of once hippies comes to retirement, they are getting the short end of the stick. One […]

  Aes Rude – Earliest form of Roman money whereby lumps of bronze traded by weight due to its utility value to be used to weapons or tools. Aes Grave – Early Roman bronze coinage that was cast into standardized coins with a recognizable image. Aes Signatum – Broze Ingots with an idealized intended weight […]

Can the World Really Abandon the Dollar As A Reserve Currency? By Martin Armstrong Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may […]