Luis de Guindos, Spain’s economic minister, illustrates that those in European government remain clueless. He said that Greece should remain part of the Eurozone and the euro. He bluntly stated what Mario Draghi said before – the Euro is irreversible. Without the euro, Brussels fails. The idea of federalizing Europe crashes and burns. Luis de Guindos said […]

QUESTION: Marty, I want to say congratulations. You stood up there in Berlin in 2012 and said the Euro-Swiss peg would break and that Greece would ultimately leave the euro. I can’t wait for this year’s Berlin conference. Wonder if the central bank of _________ will attend again? I suspect that Brussels will not back […]

On April 23, 1998, Helmut Kohl addressed the Bundestag concerning the introduction of the euro. In a solemn and statesmanlike manner, the prosperity of the Germans as seen through the success of the Deutschmark, was to be transferred to the euro. Helmut Kohl did not lie to the people. He was truly convinced that a single currency […]

QUESTION: Mr Armstrong; A friend works for a ….. Hedge Fund. He said you could put together a team to save Europe. Would you take up such a challenge? Thank you for telling it the way it is. OD ANSWER: In theory, yes, we could put together a team of people from the real world to […]

German Finance Minister Wolfgang Schäuble explained on Tuesday that Greece will remain in the euro, no matter how the referendum ends on Sunday. Two years ago, Mario Draghi commented on the continued existence of the euro by saying that the single currency was just irreversible. Angela Merkel delivered a very cold speech stating there are no known proposals […]

They interviewed the “YES” protesters (yes, stay in the euro) and the response was totally off the wall. A woman responds that she knows 95% of Greeks will be hurt, but: “It’s only in the European Union that legal democratic processes are guaranteed.” This is the downside of democracy for stupid people who believe propaganda […]

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. However, keep in mind that the major Bearish Reversal lies down at the 10335 level. Therefore, only a monthly closing BELOW 10335 will CONFIRM the 11500 […]

There is little doubt that Europe is moving into what Jefferson described as the third phase of government: Force. The federalization of Europe is now the number one agenda to project the jobs in Brussels. There is no such thing as “European”. If you ask anyone in Europe what they are, they will NEVER respond “European”. Instead […]

The whole idea of a one world government that began in Europe with the Treaty of Rome was based upon the idea inside Europe that a single government would end war. They never considered that there are two sides to that coin ­– international war and internal war – that we call revolution. As Thomas […]

Some people have misread my posting on an observation in Spain. The retail sale of gold coins was virtually nonexistent in Spain. This is not a shortage of gold. In Italy, bullion coins were being sold in stores. It is France that is after gold coins, demanding no cash sales and reporting on buyers and […]