A number of question have been directed at what will this turning point produce. This should not be a major high or low in the major markets. What we should see is a mental shift develop at this stage in the game. In the case of 1987, there was a major high that formed first […]

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In the wake of Wednesday’s surprisingly questioning of Fed Chairman Ben Bernanke, he has unleashed a massive selloff in the US dollar by giving the reverse impression that the Fed may exit from monetary accommodation and easing. Bernanke stated that the Federal Reserve was failing on both of its core mandates, and that inflation was too low and unemployment too high. […]

QUESTION: No one ever talks about the depression from 1920-1921, but as I recall in researching it the government and the Fed never intervened and just let things play out.    In the end this depression hurt for awhile, but was over very quickly and from that point on we had the roaring 20’s. You […]

QUESTION: Good evening Mr. Armstrong, When it comes to the precious metals I have found you to act as a much needed fulcrum between the “gold bugs” and the main straem media – thank you! In your most recent bid you say, “All Crash events take place because of the LACK of BIDS. It does […]

Thank you for all the fan mail on the Dow to offset the hate mail on the metals. The objective is to expose the real world we live in and how domestic policy objectives are really held hostage to international capital flows. We are really trying hard to get everything up and running ASAP. Many […]

We are in one of the most complex conundrums in financial history. On the one hand we have vast amounts of cash that creates tremendous liquidity with interest rates at virtually zero, G7 finance ministers at least alarmed about the high level of liquidity yet it is becoming obvious even to them that monetary policy can not […]

The 1987 Crash The 1987 Crash also became known as Black Monday referring to Monday October 19th, 1987. It was a fateful day when the US stock market crashed, creating a wave of confusion as capital and government failed to grasp the real underpinnings of currency. The 1987 Crash came precisely to the day on […]

Gold & 2013 Dow Jones & 2013 The Age of Materialism/Consumerism 2013 – The Roller-Coaster Ride of Your Life The Fate of Europe 2013 Cycle of War & Political-Economy Beware the Taxman Cometh When I Was Wrong Can the World Really Abandon the Dollar As A Reserve Currency? Virginia Investigates Gold Back Currency as Alternative to the […]

The economists are still failing to grasp what is taking place. The job growth that has surprised everyone is all PRIVATE sector taking the rate from 7.9% to 7.7%. This does not impact government jobs that we will start to see be reduced. This is not a fantastic number, but it illustrates how the pessimism […]