Citigroup Inc is reported to be close to paying about $7 billion in fines to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, reported News Daily. The USA has discovered a cash-cow and the banks have paid now over […]

Those that have been yelling about hyperinflation complete ignore the fact that there are 3 major levels of government Federal-State/Province-Municipal/City and the latter two cannot print money. All three levels simply consume and debt has been the major crisis for centuries. Back in 1514, in the Stutgart/Tubingen area, the lord owed about a million gold […]

We are at the 1927 Phase of events that is important to understand. There has historically always been a difference in economics trends between Europe and America. This became self-evident back in 1720 that was the Mississippi and South Sea Bubbles. One of the earliest forecasts that our computer made back in 1980 was that […]

In the short-term, we still have the risk of a modest correction. There is typically the false move before the breakout. There is little question that there has been low volume over the past couple of years with light on up days and higher volume on down days.  This has been the constant attempts to […]

QUESTION: Does society ever wake up? Are there any such examples from history? Thanks DG ANSWER: Of course. If society did not wake up now and then, the outcome would always be the same – a dark age. The late 1700s was a revolution against monarchy – i.e. American Revolution. Then there was the overthrow […]

QUESTION: Hi Martin You said, that the creation of the Euro was the second worst act. “That undermined the entire European banking system and has led to a serious undermining of the entire global economy.” How has this undermined the entire European banking system. Could you explain this? Thanks so much! Regards WI ANSWER: The problem […]

Ireland’s Finance Minister Michael Noonan has been desperately trying to meet the strict brain-dead requirements of the troika of the European Commission. These are lawyers who are trying to firm up their own jobs by thinking to maintain confidence in the Euro, they have to embrace austerity. The ECB President Draghi is so out of […]

I previously reported that our sources were reporting that central banks were starting to buy shares to diversify their reserves. All of our sources in Asia and Europe have been reporting this trend. So while the talking heads keep preaching the crash and sell equities, the retail market may not be buying this market yet […]

QUESTION: Mr. Armstrong; Your work on the cycles of war has been duly noted in government. Governments are starting to take notice and have begun to fund studies of protest groups. Even the Guardian is reporting this trend. In the United States it is called the “Minerva Research Initiative,” and it has been around since […]

Last November I warned that as part of the cycle turning up in war and civil unrest in conjunction with the Sovereign Debt Crisis, we should Expect Riots & Rise of Nationalism After 2015.75 To Pick Up Steam. Because Greece is where this cycle began on the Pi turning point from the 2007.15 high in the […]