QUESTION: Is it true that J.P. Morgan was also an ancient coin collector? DV ANSWER: Absolutely. He collected both Greek and Roman coins. This was a Syracuse Dekadrachm of Dionysios I (405-367BC). The difference between the Greeks and the Romans is quite plain. The Greeks were into art. As you can see, their coinage was […]

  The entire theory of the Petrodollar dates back to the collapse of Bretton Woods and the subsequent oil embargo protesting US support for Israel and the price shock of raising prices. Those were the days when everyone was obsessed with gold and the whole idea of a floating currency that was popular to say […]

I would like to Thank Celeste for this portrait she made of Napoleon – my French Bulldog. You are a great Artist. I enjoyed painting in oils. I was never very good at portraits. I tended to focus on seascapes and occasionally some monuments. I always found it relaxing. This is one I did of […]

QUESTION: I thought Ukraine claimed it was independent in 1918. Was that not then a country? PH ANSWER:  In the aftermath of World War I which began in 1914, that is when the Russian Revolution took place. That is when Ukraine first tried to assert its independence on January 26th, 1918. The Bolsheviks who seized […]

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QUESTION: Hello Mr. Armstrong. I am from Poland and I know the history and our differences with Russia, but in this war, I’m against Ukraine. They don’t even want to apologize for atrocities committed on civilians but want us to help them. The west of Ukraine was always Polish but in our mind, it no […]

ASIA:   China kept benchmark lending rates unchanged for a fifth month on Friday, as expected, but analysts say future cuts are possible as the central bank has pledged to support the COVID-ravaged economy. The one-year loan prime rate (LPR) – on which most new and outstanding loans are based – was left at 3.65%. […]

  This reminds me of one of my favorite movies about how corrupt it really is in DC Wonderland. It’s a great flick!    

This is a very disturbing undercurrent in Ukraine. Many are starting to question Zelensky on many levels and his comments at Davos that he even questioned if Putin was still alive has many wondering if his act has not gone just too far. He paints this image that if just Putin was killed somehow there […]

QUESTION: Martin, what do you have to say about Kissinger now? I am sure many want to know. AP ANSWER: Well I had hoped that Henry could have made it to the WEC this year. I think it would have been a very interesting discussion between the two of us. I am well aware of […]