It is truly astonishing that when it comes to TIME, we seem to have a mental block that creates a major prejudice. In our present reality, still to this very day we have simply ignored the conclusions of Albert Einstein, Richard Feynman, and Stephen Hawking. All three in their most fundamental conclusions about the universe, made […]

Obama blames Republicans for not agreeing to raise the minimum wage so poor students can afford their non-dischargable student loans. If Obama really cared about the students then the answer is simple:   1) let these loans be discharged in bankruptcy 2) let the loans be interest-free and void if you cannot find a job […]

QUESTION: Dear Mr. Armstrong, Firstly, I would like to thank you for discussing economic and political matters in an honest and frank manner.  It is difficult in the present world to find individuals with integrity, and I am aware that you have sacrificed a great deal in order to maintain yours.  As a student of […]

COMMENT: Mr. Armstrong; I really have to congratulate you. Your work is astonishing. I see why they accused you of manipulating the world. You simply do what others cannot do. You put your opinion aside and focus purely on the facts. If we can somehow bring this approach to government, it would be a complete […]

The European Central Bank is so out of touch with the economy it is frieghtening. They see that they have a range of options to consider including negative interest rates. What they do not grasp is that people will not invest and start businesses simply because interest rates are too high. The people must see […]

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 […]

COMMENT:  Mr. Armstrong Your statements about having to crash and burn were borne out by the recent election in Ontario Canada where the Liberals, admittedly one of the most corrupt governments in Canada, having doubled the deficit in about 11 years, were handed a majority government because they promised the moon to everyone, including no […]

COMMENT: Dear Martin, One of the knocks against a consumption tax has always been its potential effect on the deficit. It seems that argument is now irrelevant in the age of QE. This is the perfect time to move to a consumption tax (esp. w/ IRS scandal) GB REPLY: We did a lot of research into […]

The Department of Homeland Security dealing with more than 48,000 unaccompanied children crossing the border into Texas has created a real controversy. Aside from the humanitarian issues, we must consider what is causing this issue. That centers on immigration reform and the idea of giving amnesty to children. Quite frankly, if I was Mexican, I would […]