Some people totally confuse gold and money. During the Great Depression, we were on a gold standard. During a decline, ALL assets will decline against whatever is money, just as money declines during a boom. You need to separate MONEY from gold or you will never understand how the economy functions and you will buy gold when you […]

Gold’s rally into the target weeks for the ECM appear to be linked to the potential crisis in European banking. This has nothing to do with the dollar, fiat, inflation, or whatever. The only reason gold rises is the hedge against real crisis and uncertainty. Gold may not be sustainable. We really need to see […]

The motto of the ECB is plain and simple: why reform when we still have some power? Governments will fight until the last drop of blood is spilled; they assume it will be your blood, not theirs. We will see the opposite of transparency unfold along with a rush to eliminate cash. This will force […]

Whenever I warn of anything using the word “CRASH”, the newspapers immediately report it as a forecast for a crash in the stock market. This demonstrates that there is no consideration that government can also crash and burn — the perfect example of 100% confidence. Yes, if this week simply closes on the Dow below 16280, then […]

QUESTION: Hi mr. Armstrong, I’m aware of your blog for almost a year and try to daily follow your posts. I’m from the Netherlands and also over here government and other officials try to make the people believe that we’re recovering from the economic crisis. There is no mention given about a coming debt crisis. […]

The refugee crisis in Europe is going from bad to worse. Refugees are entering Europe from everywhere but are heading to Germany. Even here in Greece, the same flow of refugees heading to Germany is underway. On Friday, the Croatian border police put thousands of refugees in buses and trains and Hungary responded by arresting […]

I am here in Athens for the elections this weekend. I must state, at this point in the game it appears to be Greek theater with Brussels pulling the strings and the politicians merely playing parts. Whoever governs is almost a moot point for it seems that the political forces are not interested in an […]

The Federal Reserve yielded to international pressure, making the very same mistake that it made during 1927. Back then, there was a secret meeting and the Fed agreed to lower U.S. rates to try to help Europe to deflect capital inflows back to Europe. The exact opposite unfolded in the aftermath when even more money abandoned Europe […]

The Japanese government’s economic revival strategy, which has been dubbed “Abenomics”, has proven to be a failure. We warned that the Sovereign Debt Crisis will begin in Europe, then hit Japan, and in the process will push the dollar to record highs which will inject deflation into the U.S. economy. Moreover, only a rising dollar […]

John Boehner has been the most ruthless Speaker of the House perhaps since Henry Clay. He is notorious for targeting people within the Republican Party who do not do as he commands. Now, with the debt ceiling issue coming back for September 30, Boehner has no trust and even those closest to him are having […]