It is just amazing how we never learn. During the 1980s, I was dealing with Australians who were sold Swiss mortgages to interest. Boy – the losses I had to bailout. Well, history constantly repeats. Now Hundreds of people have protested in Romania against high repayments for Swiss franc loans, blaming the banks for offering […]

There’s is little doubt that the Democrats can’t sleep at night worrying about someone made some money they did not get a piece of. The worst tax of all that is directly causing a worldwide depression is none other than FATCA. The FATCA worldwide hunting down pf Americans overseas was a portion of the 2010 […]

The Greek elections have come in as the polls projected. The alliance of leftist parties SYRIZA won the Greek parliamentary election on Sunday by a large margin. The party of Alexis Tsipras will therefore reach 36.5 percent of the vote. Accordingly, SYRIZA can expect 149 to 151 seats in the new parliament. For an absolute majority of 151 of the 300 seats in the […]

QUESTION: Mr. Armstrong, your waterfall analysis is really fascinating. I looked from many charts and see what you are referring to. This is a rare formation. Because it is so rare, may I ask where you first encountered this type of pattern that clearly marks a significant break with the past trend? All the best […]

Well Chalk one-up for men who finally won something. The German court ruled that men actually have a right to stand while urinating. Just amazing. Perhaps once in a while judges can make a rational decision – of course it wasn’t in New York City. Believe it or not, there are places in Europe that outlaw […]

COMMENT: inspite of being on the other side of the political spectrum and opinion I value much of your work and thank you, I made a killing last night shorting the euro. the drama of the french journalists is pathetic as no one gave a rats ass when the 17 television journalists at RTS in […]

QUESTION: Mr. Armstrong, I have noticed that not merely Sundance refused to show your movie, but with all your amazing forecasts, one would think the Wall Street Journal, Barrons, New York Times, Washington Post, and Bloomberg, would be pounding on your door for an interview. You would imagine they would write about what your computer […]

In 55BC, Cicero stood before the Senate of Rome and warned of its demise because of a trade deficit importing spices and silk from China. He spoke of the “arrogance of officialdom” and the more I studied the going ons throughout history, the more it hit me – history repeats because the passions of man […]

    We warned that the British pound would also crack in the coming dollar rally. Here too, we see a serious decline remains open. A monthly closing below the 150 level will signal the break is underway. London real estate may get real cheap at last for Americans.   The deflation in Europe is […]

  With the intentional policy to lower the value of the Euro to try to stimulate the European economy, the dollar will rise as we have been warning and we may see this reach all time record highs. This will then turn the US economy down after 2015.75 and you can see, smell, and taste […]