QUESTION: Do you believe in a fairer system where there is a minimum income cap and a maximum asset cap? We live in an age where productivity has risen through the roof due to technological advancement. Don’t you think humanity is at the stage where it can afford to offer basic income to people so better checks and […]

  For years I watched the at Justice Department prosecute anyone who competed against New York destroying firms like Drexel )Philadelphia, REFCO (Chicago) and countless small brokers who were inching up too close to New York, They went after Frank Quatrone of First Boston because he stole the IPO business from NYC.  If you compete […]

Putin is staring straight into the eyes of a dead Europe whose governments are being consumed with Marxism, corruption, and self-interest – the same thing that destroyed Russia – go figure. He has stated that the collapse of the Soviet Union was the greatest tragedy of the 20th century. Nonetheless, he is not entirely blind […]

As always, the talking heads jump all over the market to predict major highs and the inevitable collapse/ The sharp selloff in US high-growth technology and biotech shares led the way and now they are talking about more than a minor pullback when earnings pick up speed next week. The 1st-quarter earnings estimates have fallen […]

It has often been a paradox that the worse an economy turns down, the higher the currency rises. Cheer up – it is a bell curve. If the currency goes TOO FAR and the economy has no hope of survival, then it reverses and collapses into dust through the process of a Phase Transition. This […]

QUESTION: Mr. Armstrong; You previously mentioned you cannot trust the big firms in New York. Does this apply to their branch offices outside NYC? Thank you; JT ANSWER: That comment referred to MARKET MAKING where they keep track of who buys what. That is totally different from having a broker at a major firm where […]

COMMENT:  Marty, You know there is tax competition amongst states and cities in Switzerland which lead to great results once in terms of efficiency and therefore attracting people to take their families and move to states with lower taxation. Often quite outside of the metropoles so also helping to populate remote parts of the country. […]

The Cold War Part 2 with Russia, as always, demonstrates why we should banish lawyers from politics because they are incapable of understanding international capital flows that diminish their power. In studying law, I can tell you it is very black and white. You write a law to prevent a specific thing without any comprehension […]

  George Brandis, the 36th Attorney General for Australia, penned an article that Snowden is a Traitor and the more leaks he reads the more nut-job conservative he becomes. I should point out these VERY SAME arguments were once used several decades ago by another politician who envisioned himself as defender of his nation. He […]

QUESTION: Martin, In reading the article below, I couldn’t help but notice the fourth blood moon (September 28, 2015) will almost coincide with the projected major turning point in your economic confidence model (October 1, 2015).  Is this coincidence or does your model take into account the movement of stars, planets and moons? Thank you for […]