For the first time the position of the dollar as world reserve currency in the United States has come under criticism by Obama’s former chief economist, Jared Bernstein (2009-2011). Bernstein argues that the accumulation of dollar reserves abroad make the US currency too strong. This destroys jobs in the United States and weakens the economy. Retaining […]

  Hadrian’s Wall Divides Scotland from England Since Roman Times QUESTION: Mr. Armstrong;  A friend of mine attended one of your Edinburgh conferences here in the nineties where he said they introduced you as a 7th generation Scotsman not as an American. He said you answered the question in 1997 and said that Scotland would […]

Many people have written asking about Putin. The pundits are claiming the Russian Army is weak and could not wage war. Russia is actually looking at expanding its military policy re-targeting Europe and the USA as enemies, and rewriting protocols for justification of a defensive first strike with nuclear weapons. The greatest mistake that the West […]

It is very interesting to see the numerous emails pouring in from Scotland and England. Even in Scotland there is a strong left-wing socialist factor that has their hand out to whom Cameron is trying to persuade to stay in the UK and they will be rewarded. For the benefit of both England and Scotland, […]

  QUESTION: Mr Armstrong, Firstly may I congratulate you on what looks like another spot on forecast regarding the Scottish independence. I am Scottish and can testify that there is a real wind of change here. The independence campaign started at grass roots level and they have been going round communities for over a year now […]

We have been warning that the Scottish separation was something to take seriously since the Berlin Conference in 2012. Now suddenly the polls are showing Scotland just may vote YES and leave the UK because of the rising chaos in the EU and the totally insane policies in France. The British financial markets tumbled on […]

Perhaps the most perplexing aspect of the current equity trend that is not well understood has been the development of private investment by governments. Strangely enough, the development of the euro has totally disrupted the world monetary system for this has created a period of dramatic capital concentration in US dollar debt as the real […]

US Troops have headed into Latvia, Lithuania and Estonia. Eastern Europe is moving into a real crisis as many countries including Poland fear Russia. Belarus and Moldavia are effectively Russian states. Russia really want Ukraine and to take Kiev. That is a historical heritage to Russian  and if Ukraine falls, they have the largest population […]

QUESTION: Mr. Armstrong; Some people say you will not admit markets are manipulated all the time. Yet you stood up and had all the evidence that would have damned the whole lot of the New York bankers for manipulating markets. This is very confusing how you can be against them in public yet people claim […]

The entire problem we face going ahead stems from the very idea of Karl Marx that government is capable of managing the economy either through communism or autocratic-socialism where the state dictates to the economy under the pretense of caring for the people, that has truly become a derivative of fascism where the state comes […]