QUESTION: Hello Mr. Armstrong, Thank you for taking the time to address the questions that I and many others who follow your work have asked. In your most recent answer to a readers question, you state, “Therefore, it was the complete lack of CONFIDENCE in the government that (1) caused the hoarding, and…..”  From what I have read […]

NSA is collecting ALL phone calls from Verizon under court order. http://www.foxnews.com/politics/2013/06/06/nsa-collecting-phone-records-for-millions-verizon-customers-report-says/ These people are just out of control. They are collecting everything possible. Why do they have to know everything about everyone? Are they the ultimate Paranoid Nut Jobs who can’t sleep at night worrying someone may say something on a phone they do […]

  Alan Simpson, Wyoming Republican Senator who became co-chair of President Obama’s deficit commission, called senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats. This career politician’s comments illustrates the entire problem why we do not have a democracy. These people rig the game to get elected, […]

QUESTION:  Martin, On Page A11 of the IBD today (5/29) a statement was made that seems to fit your claims.  It is something that having been in the business for 24 years I was unaware of.  The entire article is actually quite interesting. Please clarify the following, made in the 4th paragraph; …..BNP Paribas in […]

To try to explain the markets and how there can be a rising stock market with rising bonds, analysts characterize this weird trend as a US monetary experiment of the past four years, which has been caused by the Fed’s endless monetary injections (and pent up inflation expectations) while the bond rally has been due […]

QUESTION: Interested in your comments regarding real estate and capital flows. I live in manila Philippines and the price of property in the financial district makati is quite mind boggling. For a third world country prices for a 2 bedroom condo can be close to 300k usd and for a 3 bedroom edging on close to […]

Behind the dramatic fall in the gold price has been the subject of countless conspiracy theories that all pretty much center on the notion that the entire global economy revolves around gold. The only tangible conspiracy by governments is to hunt down as much cash as they can. The real secret strategy of central banks […]

The liberals of Europe do not understand that you cannot make everything “fair” in this world. I was in London and received a phone call from one of the big telecommunication clients we had in Europe. I was asked to fly over for a urgent board meeting in the morning in Germany. I had no […]

With the dramatic increase in the money supply as illustrated here with the St. Louis Fed Chart, 99% of the people are simply baffled saying – It’s got to be inflationary! But this is like the old TV commercials when Burger King used the little old lady who would look at a competitor’s burger and […]

QUESTION: In your most recent post you mention dollar demand off setting Fed Printing. But fairly often we hear about new international trade agreements that have excluded the dollar. How does this figure into the equation of dollar demand? ANSWER: Trade agreements are actually irrelevant. That is separate and distinct from reserves and the huge amount of dollar […]