COMMENTS: (1) Marty, are there any key downside support levels we should be paying attention to here? That call from your computer model warning us to look out below several months ago, all while the Euro Bunds were continuing to rise and setting new lows for yields, is absolutely remarkable! (2) When you said sell the […]

Thomas J. Hughes, a 29-year-old investment banker allegedly took his life by jumping from a luxury apartment building at 1 West Street in Manhattan last week. Per usual, the NYPD immediately declared it a suicide. Strangely, serious investigations never took place and similar deaths have occurred within the past 18 months all declared suicides. Wall […]

QUESTION: Mr Armstrong; You have written that the Federal Reserve remains on track to raise interest rates later this year and this will accelerate the capital inflows driving the dollar higher. You previously warned that this will also set off further defaults in emerging market debt and you have also said that the pension funds […]

In response to questions from a major U.S. city and the debt crisis, I will not mention the names for this is sensitive and highly political. I have decided to address the question, which I would normally do privately, only because a lot of municipal governments are in trouble in many countries. The same problems […]

The Daily Mail released the numbers, showing all along that this idea of global warming has been just a natural cycle. London used to be horrible to live in during the summer, when the buses spewed out black exhaust. Today all the buses run on electric or natural gas, and to a large extent, the […]

There is a very curious new development with respect to gold. In many European countries, people can no longer buy retail gold coins for bullion. Shops will buy but no one is selling. Banks that previously offered gold to the public have shut down in Spain. If someone leaves Spain wearing a lot of jewelry, […]

The European Union (EU) is now looking at consolidating all member debt, which is what they should have done from the start. The question remains – Is it too late now? Since they have already conditioned the public to accept debt defaults and write-offs, why not just consolidate everything? This is their hope to keep […]

Switzerland has caved in entirely and has sealed its own demise. Everything that made Switzerland the place to be, from religion to economic freedom, is becoming lost thanks to bureaucrats. Switzerland began as a tax revolt; William Tell would be rolling over in his grave if he knew what this country has just done. Swiss […]

Many in Spain are starting to figure out that the only way to survive is to get your money out of the bank. Accounts can just be frozen as they did to the Russians living in Spain, demanding they prove the source of their funds. Banco Madrid has had its funds frozen while the government tries to […]

The formation of Spain dates back to the marriage of the Catholic Monarchs Queen Isabella I of Castile and King Ferdinand II of Aragon (Catalan). They were both from the House of Trastámara and were second cousins, being both descended from John I of Castile. They married on October 19th, 1469 (1469.8), in the city […]