The Code of  Hammurabi 1795-1750 BC Claude Hermann Walter Johns: BABYLONIAN LAW–The Code of Hammurabi. from the Eleventh Edition of the Encyclopedia Britannica, 1910-1911 The material for the study of Babylonian law is singularly extensive without being exhaustive. The so-called “contracts,” including a great variety of deeds, conveyances, bonds, receipts, accounts and, most important of […]

The primary reason why I have been touting that we no longer need taxation at the federal level is because money is no longer tangible. The evolution of money migrating to simply electronic actually allows the restoration of freedom. Taxes were once needed when money was tangible because it could not be created. The diehard Goldbugs […]

Terms Used In Armstrong Economics Forecasting Reports TURNING POINT A target that can be either a high or a low. It is a cyclical target that amounts to a turning point irrespective of the event (high/low). VOLATILITY Volatility can be measured in many ways. We have volatility that can be from the previous close to […]

The month end closing for gold was 1392.60 holding the main Month Bearish while electing 1462.50, warning that yes we are still in a correction mode, but crisitcal support is holding for now. When we look at Copper, the primary support lies at 303 whereas this has held intraday falling to 305, but again, it […]

In the normal world of capital flows, bonds decline when stocks rise. The talking heads that claim lower interest rates are bullish for stocks once again try to reduce everything to a single cause and effect that applies to a single frame in a long movie. Here we can see that bonds declined when stocks […]

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 […]

John Maynard Keynes 1883-1946 John Maynard Keynes was a British economist who revolutionized economic thought, which is widely known as “Keynesianism.” The son of a Cambridge don, Keynes was educated at Eton and Cambridge, where his degree was in mathematics. John Maynard Keynes was educated at King’s College, Cambridge, from 1902–1906 and DID NOT have a […]

The Long-Term Capital Management (LTCM) collapse in 1998 has been often referred to as When Genius Failed. The collapse of LTCM was instigated by the collapse of Russia. Everyone and their 5th ex-wife was long Russian bonds as bribes were paid to people in the IMF to ensure the loans would keep flowing to Russia […]

Understanding that everything in nature moves in a cyclical manner is vital to comprehending the world around us. This is how energy moves. The waves in the ocean give the impression the water is moving when in fact if you throw a bottle that floats into the water you will notice that the bottle rises […]

QUESTION: My daughter in school discussed your case as a denial of due process of law. Your case is really famous in legal circles. ANSWER:  I get that many times. Even my cousin’s son in South Carolina experienced the same thing. When he told the teacher I was his cousin, she couldn’t believe it. To […]