QUESTION: Mr. Armstrong, your forecast for Iran back in 2012 has been correct. It picked 2016 which in January the International economic sanctions on Iran were lifted after UN said it was satisfied with progress on fulfilling the nuclear agreement. President Rouhani then embarked on the first European state visit of an Iranian president for […]

QUESTION:  Hi Marty, You were completely right, as always, about the USD rally. When we get closer to 2032 and thus closer to China being the number 1 economy of the world, will the CNY take over the position of the USD. Apparently in Asia people are already accepting more and more CNY in favor of […]

  I have explained that when I was called in back in 1985 as an expert to justify creating the G5 and manipulating the dollar, I wrote to the President to object. I was told to be a “good boy” and just produce studies; the government would tell me the conclusion they wanted.   The […]

Here we go with the same old hypothesis over the Quantity Theory of Money that Trump is (1) nationalizing the Fed, (2) the Fed’s actions are worse than the virus, and (3) Forbes proclaims that the Trump & the Fed are destroying the dollar. It is really fascinating how these propositions running around are not […]

COMMENT #1: Mr. Armstrong; I want to say thank you so much. I am not sure you are even aware of how right you have been during this entire debacle and I am not referring to just your forecast of the decline in the stock market which saved my future. While everyone was regurgitating the […]

COMMENT: Hi, I am a big fan and a subscriber.  For the record, please note the above.  Johns Hopkins was once the most famous medical school in the country.  I am a grad.  It has sold out to the govt.  Recall that once Milton Eisenhower (Ike’s brother) was the President of Johns Hopkins University. Johns Hopkins […]

ASIA: India announced an economic stimulus package worth $22.5 billion on Thursday to help millions of low-income households cope with a 21-day lockdown due to the coronavirus outbreak. The package will be disbursed through food security measures for poor households and through direct cash transfers to the beneficiaries’ bank accounts directly. India banned exports of […]

QUESTION: Hi Martin, Awhile back you mentioned the ECB doesn’t have unilateral authority to expand the money supply, and that the political crisis in Europe would begin once the ECB ran out of cash reserves. How far off are we from that moment, and how does the Repo crisis tie into that? CG ANSWER: Yes. […]

The image of a world forced to shelter in place was on display vividly last week when the Group of Seven (G7) leading industrial nations scrapped its annual June summit in favor of a teleconference — a nod to the new reality of “social distancing” in global diplomacy. At least this will save a lot […]

ASIA: India’s informal sector which comprises of approx. 1 million daily wage workers (mainly working in the construction sector) may face a big problem after the country went into a complete lockdown for 21 days. Many Indian states have announced packages ranging from 1K INR to 5k INR to support the daily wage workers but […]