Some people totally confuse gold and money. During the Great Depression, we were on a gold standard. During a decline, ALL assets will decline against whatever is money, just as money declines during a boom. You need to separate MONEY from gold or you will never understand how the economy functions and you will buy gold when you […]

Armstrong Economics offers unique perspective intended to educate the general public and organizations on the underlying trends within the global economic and political environment. Our mission is to research historical cyclical patterns and market behavior in timing, price and crisis to better understand and identify potential future trends, using an extensive monetary database and advanced proprietary models. Read […]

Thomas Jefferson to James Madison 6 Sept. 1789 Papers 15:392–97 I sit down to write to you without knowing by what occasion I shall send my letter. I do it because a subject comes into my head which I would wish to develope a little more than is practicable in the hurry of the moment of […]

In Asia, the Hang Seng could not climb out of the red all day and eventually closed down –— 0.75%. As always, the Shanghai had a volatile session, initially opening higher, but spent the balance of the day making headway to close at the day’s high of 3157 (+1.91%). The Nikkei was closed for Respect for the Aged Day. Nikkei futures […]

John Boehner has been the most ruthless Speaker of the House perhaps since Henry Clay. He is notorious for targeting people within the Republican Party who do not do as he commands. Now, with the debt ceiling issue coming back for September 30, Boehner has no trust and even those closest to him are having […]

  QUESTION: Martin, Can you go into more detail about the time frame for global cooling, and its ramifications, what to do to prepare oneself etc… Obviously this is going to affect everyone, everywhere. craig ANSWER: According to our models, this downturn should be greater than the last one in the 1700s. Volatility rises, so the swings […]

Jeremy Corbyn, the infamous Karl Marx admirer, has been elected UK opposition Labour Party leader. Corbyn is really a communist who professes an admiration for Karl Marx. He is the new face of Britain’s opposition Labour Party, which will help to make a British EU exit more likely. The Marxist sophistry is to rob anyone who has more. They never […]

It was a mixed session for Asia yesterday after what has been a very volatile week. The talk remains as to what China’s next move would/should be and “if” the Fed will move next week. This been the most awaited Fed decision in years and has been the hot topic just about everywhere. It was a clearer […]

  “The Forecaster” translated into French becomes “l’ORACLE”, which to me is Warren Buffet’s tagline. This demonstrates the difference in attitude among the French citizens and U.S. citizens. Political manipulated polls aside, here the review begins, “If you are naturally pessimistic about our future…” This is the reason why I agreed to allow a German film crew to […]

Asia saw some very strong gains on rumors of renewed Chinese intervention with the Nikkei producing its strongest one-day rise since 2008 (1,343 points +7.7%). The Chinese markets reacted to the news rather late yesterday. Europe walked in to the jubilation and saw encouraging market gains in the morning session. By mid-afternoon, the U.S. market […]