Just to set the record straight, markets can be rigged insofar as when banks act as brokers and keep track of client positions and trade against them. That is standard operational procedure despite Goldman’s denials. That has been going on for decades. There was the typical running of stops by floor brokers. This systemic market […]

Christine Lagarde is a french lawyer who became chairman of the Chicago firm Baker & McKenzie. Obama endorsed Lagarde ahead of the vote claiming a woman would be proper after  Dominique Strauss-Kahn, had to resign after being charged with attempted rape in New York. However, the maid was found to be anything but credible and there is […]

The Ukrainian Crisis is far from over and confrontation between the West and Russia seems to be inevitable, albeit after September. The Kyiv Post illustrates the ballot in Crimea where there is no actual spot to vote against joining Russia. Voters in Russian-occupied Crimea in the March 16 referendum have only two choices – join Russia immediately […]

It is always good to read the words of the other side of any debate. If you cannot see their point of view, you will never grasp what the future holds. Marxism has not died. The only hope for that comes at the minimum time frame for a change in long-term trends, which is 26 […]

Obama has spoken harsh words threatening there will be “costs” to a Russian invasion of Ukraine, but these “costs” will simply be economic sanctions that will further the new Cold War. Putin asked the Russian upper house legislature for “permission” to invade and of course they granted that hands down. The barbarians tried for decades […]

I have warned that the entire movement against the Jews that began in Germany stemmed from the banking issues. The refusal of the US government to criminally hold the NY bankers accountable has a very dangerous aspect that is leading to once more a rising trend of anti-Semitic and pro-Nazi activities outside the USA as they […]

Argentina – The Blue Dollar   This notion that hyperinflation is how a nation collapses is very superficial. The real issue behind the collapse of a country is the collapse in the CONFIDENCE of the government. This is why we tend to see what people call “hyperinflation” in revolutionary and third world economies compared to […]

QUESTION: Mr. Armstrong; I have investigated your explanation of hyperinflation and can see that you are correct in that this is limited to third world and revolutionary governments. Is it correct to say that as government becomes a bit more aggressive to try to meet its obligations, the economic collapse is a self-destruction process of […]

  By about 142 to 140 BC,  the Roman monetary system goes through a suspension of the minting of the Roman bronze As. Previously, the silver denarius was valued at 10 bronze As denoted by the “X” on the obverse behind the bust of Roma. The bronze As has declined in weight significantly from one […]

Corruption between government and the bankers is nothing new. During the 4th Century BC, money that was donated to the gods became the temple treasure. Typically, the government would borrow from this hoard of cash and thus temples emerged as bankers. In Athens, there was one of the early banking crisis events involving what we […]