Wages in 301 AD in theRoman Empire All data based on Diocletian’s “Edict of Maximum Prices” issued in 301 AD Prices Expressed in Roman Denarii equivalent General Laborers brick maker, for every 4 fired bricks and preparation of the clay……………………… 2 brick maker, for every 8 sun dried bricks, and preparation of the clay……………… 2 […]

Banking has existed for a long time. The idea of debt dates back to the ancient world, as evidenced for example by ancient Mesopotamian clay tablets recording interest-bearing loans. Far too many people attribute our financial doom to fractional banking etc. They are actually taking the side of the bankers who want money to retain its […]

  Upon the death of Nero (54-68AD), the Roman Empire was at a crossroads. The last member of the Julio-Claudian bloodline was dead. Many hoped for the return of the Republic. But the old Oligarchs had been mostly killed more than 72 years before. Otho and Vitellius sought to grab the throne. A third general […]

QUESTION: Mr. Armstrong, your waterfall analysis is really fascinating. I looked from many charts and see what you are referring to. This is a rare formation. Because it is so rare, may I ask where you first encountered this type of pattern that clearly marks a significant break with the past trend? All the best […]

The underlying support for the US share market is starting to unfold for the long-term (not short-Term trading). The yield on the S&P 500 has exceeded the 10-year Treasury warning that we are indeed entering the Bond Bubble. The peak in this relationship was 1931 when dividend yield reached about 9.5% after bottoming in 1929 […]

QUESTION:  Dear Martin, As a person of average means, I am wondering if you would consider offering a basic affordable service to guide those of us who are just trying to have something to retire on. Something like, “Hold onto your blue chip stocks for now.” Or, “It’s time to sell your municipal bonds and buy […]

A lot of people have asked what to do because property taxes keep rising and they can see they are unable to retire under such circumstances. The politicians are wiping out the elderly diminishing their savings and exploiting them in every way. There are no exceptions for taxation when you sell your home as there […]

QUESTION: Hi Marty, Quick question, you always recommend coins over bullion.  I have some of what I would call bullion coins (I.e., Silver Eagles) … are you thinking it’s better to have “junk silver” (I.e. pre-1964 US coinage) in one’s posession instead? Thanks in advance, -P   ANSWER: The “bullion” is bars. Yes there are “bullion” […]

  Here is gold in British pounds. You will notice that there is no real nice V bottom. Gold in pounds is still crawling along support. This implies two possibilities. First, new lows for gold lie ahead and two, the British pound will also rise against Euroland. Europe appears to be the real disaster that […]

The answer to this question is yes and no. There are two entirely separate  forecasts TIME and PRICE. There are three markers in price with respect to the Dow – 18500, 23000, and then 40000. The earliest time frame was 2016. There is no guarantee that we will see the 40000 level. This is why […]