There is little doubt that the elected Republicans will fail to change Washington’s economic direction. According to Forbes, Republicans are planning to increase the deficit by 20% this year. This decision is setting the stage for a Third Party run in 2016. It does not matter if we elect a Democrat or Republican – neither […]

QUESTION: Dear Martin, First I would like to congratulate you on your excellent analysis and market views. I am a bond portfolio manager for 25 years and I can only be shocked by current interest rates, specially in Europe. I have recently cut my long exposure to Bunds and everyone says it’s crazy to be […]

COMMENT: Hi Martin I am a macro manager. I read your article on April 9th about Public/ private. I agree it will happen but Commercial banks hold only a tiny part of the US Treasury as you will see from the graph attached. They will probably buy on the way up and China reserve growth […]

COMMENT: Mr. Armstrong, I realize this topic is not your normal everyday discussion in your blogs and it does not matter to me if you post this or not, However, I thought you might like this condensed story between my wife and I. To be honest here,  I recently read a very small book written […]

QUESTION: Mr. Armstrong; I read your essay on the 224 year cycle and the peak in the United States would occur April 22, 2013. That was the start of Obama’s Syrian invasion argument. I must say, I am blown away with the accuracy of your work. I read an article in the newspaper here that […]

  It is incredible the stark difference between the United States even allowing the movie to show and just about everywhere outside the USA. The NY banks control the courts, Congress, and the press – the American Oligarchy. Even the theater in Princeton has refused to show the movie where my family would have liked […]

  “However, that will flip the other way for interest expenditures will exceed defense by 2020 and with a uptick in interest rates, then you will see inflation.” My statement as a matter of fact seem to have picked up a lot of interest. Inflation will return ONLY when interest rates rise. I know this is opposite what […]

QUESTION: So your argument is that there is some base line for deposits and that is the difference between thin air and leverage. Correct? Joe ANSWER: Yes. Thin air to me implies anyone could then lend non-existing money. That is totally different from taking $1,000 and lending it out multiple times so that the amount […]

QUESTION: Marty, thank you for explaining the banking problem. It is leverage but they cannot create money without a basic deposit. The way these people spin this you would think you just open a bank and create money by loans without any deposits at all. Why are these people so bent on destroying banks? This […]

  We will no longer accept reservations at this time for seating. Our maximum capacity is 500 in the USA and we have well exceeded that number in total. Depending on the venue for Europe and how many people attend that event rather than the one in the USA, then we will know how many […]