Draghi has realized that he has singlehandedly destroyed the European bond market. Besides the fact that it is illegal to short government bonds, he has come face to face with the stark reality that IF the ECB stops buying government bonds, there will be NO BID at these price levels. Interest rates will skyrocket dramatically. On […]

At last, we have entered the middle-ground of analytical thought. Between 2009 and 2017, the majority were bearish calling for the inevitable crash any day now. So after 8,6 years, they have now crossed the Rubicon and we now see there is a general expectation that stocks will keep rising, albeit at a slower pace. […]

QUESTION: I am most interested in your revisionist view of QTM. You debunk QTM frequently within broader topic discussions, but I’d love for you to address QTM by itself in a historical context. Perhaps starting with the Austrian darling, Henry Thornton, and his “An enquiry into the nature and effects of the paper credit of Great […]

QUESTION: Why do you paint the left/Democrats as really being Marxist? OP ANSWER: Marx is the one that started the entire focus on the class warfare. Keep in mind that Marx began his position with socialism – not communism. It was the Commune Movement in Paris that persuaded Marx to adopt communism, which was the […]

Many people are aware of the various attempts of Quebec to separate from Canada. What they are unaware of is the supporters of the Western Independence Party of Alberta. There has been an undertone of the separatist movement in Alberta which actually stems from the Great Depression usurpation of the Federal Reserve by Franklin D. Roosevelt. […]

The Great San Francisco Earthquake struck on April 18th, 1906 (1906.295). Based upon our model that monitors also earthquakes due to their impact on the economy (1906 quake led to the Panic of 1907 and the formation to create the Federal Reserve in 1913). The risk for a major earthquake turns up in 2018. Why? […]

COMMENT: Mr. Armstrong; I must congratulate you on a fantastic conference. You explained that the central banks were clueless and that the Quantity Theory of Money was wrong and was being misapplied. Your Vertical Market Report explains that there were two types of vertical markets and nobody has ever discussed them. Then this week, the […]

  COMMENT: I’m sure you are aware but just highlighting that the ‘Assumption’ goes deeper than personal bank accounts, as this is ALSO the assumption taken by the clearers too! They assume that if one CCP fails then the others just pick it up. Obviously, given that then the stress tests are taken just for one bank […]

Europe is now replicating the 1930s and the mistakes it made with austerity back then as well outside of Germany. Of course, Merkel has imposed the German view of austerity based on their experience but has ignored the opposite experience of the rest of Europe that led to the 1931 Sovereign Debt Crisis and mass […]

QUESTION: Bitcoin + Cryptocurrencies Firstly, thank you – I’ve learned more from your blog and models that high-school would ever have hoped to teach me. And even after a year, I am a still at the start-line of knowledge. I am also been a follower and investor/gambler on crypto for over a year.   I […]