The primary reason why I have been touting that we no longer need taxation at the federal level is because money is no longer tangible. The evolution of money migrating to simply electronic actually allows the restoration of freedom. Taxes were once needed when money was tangible because it could not be created. The diehard Goldbugs […]

Terms Used In Armstrong Economics Forecasting Reports TURNING POINT A target that can be either a high or a low. It is a cyclical target that amounts to a turning point irrespective of the event (high/low). VOLATILITY Volatility can be measured in many ways. We have volatility that can be from the previous close to […]

  Alan Simpson, Wyoming Republican Senator who became co-chair of President Obama’s deficit commission, called senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats. This career politician’s comments illustrates the entire problem why we do not have a democracy. These people rig the game to get elected, […]

The key problem on a global scale has been the sheer arrogance of government in the Western so called “democratic” regions. People are starting to wake up and realize that we do not live in a democracy but republics and we remain without a voice. Once these people take power, they stop all consultation with […]

One of the craziest conspiracy theories around is that the FED was specifically created to fund WWI and all subsequent wars. Then it is claimed that FED is owned by 100 families whose agenda is deliberately creating a New World Order. This idea that you can have some New World Order with everyone on the same page is just […]

In the normal world of capital flows, bonds decline when stocks rise. The talking heads that claim lower interest rates are bullish for stocks once again try to reduce everything to a single cause and effect that applies to a single frame in a long movie. Here we can see that bonds declined when stocks […]

To try to explain the markets and how there can be a rising stock market with rising bonds, analysts characterize this weird trend as a US monetary experiment of the past four years, which has been caused by the Fed’s endless monetary injections (and pent up inflation expectations) while the bond rally has been due […]

The August 7th turning point is starting to be picked up on our weekly models in many markets. The bounce so far out of the week of 5/20 is flat so far. This tends to warn what will not bounce reverses hard. So we may still be looking at new lows in the metals for […]

John Maynard Keynes 1883-1946 John Maynard Keynes was a British economist who revolutionized economic thought, which is widely known as “Keynesianism.” The son of a Cambridge don, Keynes was educated at Eton and Cambridge, where his degree was in mathematics. John Maynard Keynes was educated at King’s College, Cambridge, from 1902–1906 and DID NOT have a […]

QUESTION: My daughter in school discussed your case as a denial of due process of law. Your case is really famous in legal circles. ANSWER:  I get that many times. Even my cousin’s son in South Carolina experienced the same thing. When he told the teacher I was his cousin, she couldn’t believe it. To […]