COMMENT: Hi Mr. Armstrong, I enjoy reading your blog everyday, and thank you for your thoughts and for sharing your expertise.  This article which just appeared on cbc.ca’s website is about how public pensions need to be reformed within the province of Alberta Canada, and how the union is against this.  Please refer to the […]

QUESTION:  Dear Mr. Armstrong- You seem to hint that Bernanke didn’t want rates to go up especially when there is a ceiling impasse. Yet, he talked about taper/untaper and torchured the market for 3 months to prepare investors for a smooth QE-reduction. Most investors I know were expecting a small taper that could have still been interpreted as […]

QUESTION: Been reading your writings for over twenty years, enjoying everything. Quick question, in regards to 2015.75 and the time frame for unrest, economic implosion and capital flow directional changes. Is this the time frame that gold will once again embark on a new up leg which will conclude in the famous and typical blow off phase ? Also, do you foresee a reset with a […]

The Fed said that it would continue buying bonds at an $85 billion monthly pace for now, expressing concerns that a sharp rise in borrowing costs in recent months could weigh on the economy. What the Fed is really saying is that behind-the-curtain everyone is screaming that interest rates will rise and that will blow […]

Netherlands is slipping down the Sovereign Debt Crisis as austerity measures failed. Netherlands will miss the EU’s deficit target, says a report by the State Economic Institute CPB. Prime Minister Mark Rutte is considered strong advocate stricter EU budgetary rules, but he fails because the entire idea of how to run a government used by modern […]

We cannot escape the fact that people have lost their faith in government. The latest polls show the approval rating of the US Congress has fallen to 11%. When the USA started bombing Libya, even support for Muammar Muhammad al-Gaddafi was at 85% and at its lowest point it was 15%. Today,  57% of voters not affiliated with either […]

COMMENT:  “You should stop this anti-union propaganda nonsense. Before unions, children used to work in dangerous factories at 12 years old and their fathers died at 30 from cancer if they had the chance not to get crushed by the machines themselves. Before unions, life wasn’t better: if was far worse. You should stop the […]

Far too often we quickly forget history – even recent events of just a few years ago. It was on April 27, 2010 during the Senate’s permanent subcommittee on investigating Wall Street’s latest crisis, that the most memorable moment burst onto the scene. Democratic Senator Carl Levin of Michigan held up an e-mail that had been written almost […]

The unemployment among the youth is a major issue as to how the system is collapsing. Politicians do not grasp that taxes reduce spending that reduces economic expansion and that reduces growth and employment. They do not understand that small government is necessary – not huge government wasting people’s money and reducing the standard of […]

California small business owners and investors are facing $120 million in back taxes after a 20-year-old tax exemption was struck down by an appeals court last year. That’s right. Government always wins. They make a mistake, and you still pay. We would be better off with the Mafia in charge – at least you can […]