Those that have been yelling about hyperinflation complete ignore the fact that there are 3 major levels of government Federal-State/Province-Municipal/City and the latter two cannot print money. All three levels simply consume and debt has been the major crisis for centuries. Back in 1514, in the Stutgart/Tubingen area, the lord owed about a million gold […]

QUESTION: Mr. Armstrong: Thank you so much for coming in front of the curtain. Your views are absolutely enlightening. You provide colour to events from experience and I have sat in meetings at the …….. bank shocked at the lack of understanding that emerges from the board of directors. You are correct. They are the […]

The greatest threat we have to the financial stability of the entire global economy is the collapse in liquidity. Governments cannot understand that their desperate need for money that has unleashed the worldwide hunt (or shakedown) is producing the greatest collapse in liquidity on a global scale perhaps in modern history. Even just recently, the […]

In London, buses will start in July accepting cards only – no more cash. Currency Exchanges are now offering cards instead of cash that they market as being safer in travel.  In Manchester, all the shops on Chorlton Street will no longer accept cash – only cards. This is a test to see if society […]

Argentina has bluntly stated it cannot make the next bond payment. The exist fees being attacked to long-bond funds is also the realization that our models are spot on. I am off to urgent meetings in Europe. All I can say is our phone has been red-hot. Equities are rapidly becoming the new international gold […]

I previously reported that our sources were reporting that central banks were starting to buy shares to diversify their reserves. All of our sources in Asia and Europe have been reporting this trend. So while the talking heads keep preaching the crash and sell equities, the retail market may not be buying this market yet […]

QUESTION: The invasion of children from the Mexican perspective is to have a better life. The U.S. perspective is all these people do not pay taxes and take jobs. Is this common throughout history? ANSWER:  The Mexicans are not coming here because of taxes but for OPPORTUNITY. Americans are complaining they do not pay taxes and […]

The Euro is caving in after the elections. Those in the money know this is doomed. This will help to give a bid temporarily to gold and the dollar. For as people have been pitching that the dollar will decline and gold will rise is purely a domestic view point. The international view point is […]

Chancellor George Osborne in Britain said he is going to announce a crack down on banks and traders. The jig is up as they say.turned. These measures are reported to include making the manipulation of the foreign currency markets by banks a criminal offence. In his annual Mansion House speech, Mr Osborne will pledge the extension […]

QUESTION: Marty; I do find it curious how Barron’s quoted your forecast for new highs in 2011, and you seem to be the only person who was correct, yet they constantly turn to people who have never been right to talk bearishness about the market. You once wrote that the Wall Street Journal refused to […]