We need to open the door to the future but that is only possible by understanding the past. Paul Volcker back in 1979 in his Rediscovery of the Business Cycle said: “Not much more than a decade ago, in what now seems a more innocent age, the ‘New Economics’ had become orthodoxy. Its basic tenet, repeated […]

Tokyo cash played catch-up today, after yesterdays futures increase, with the Nikkei cash closing almost 2% higher on the day. The Yen continues to play around the mid-high 111’s with important month end numbers being watched closely. With September also being quarter end and the FED decision only hours away, this is likely to set […]

QUESTION: Hi Martin, Well from myself and your family we thank you for sticking with us in this time as you have mentioned you could be doing other thing for yourself but like a brother you are sticking with us even when you know we will rise and repeat most likely, but in the same […]

QUESTION #1: Marty, ___ ________ makes the argument that if “the government” raised the price of gold to $5000/oz it would start and inflation that would wipe away the debt.   Don’t they have to ensure convertibility as well? He kind of skips over that. And isn’t that pegging the dollar to gold, and no […]

QUESTION: Dear Mr. Armstrong, I have been reading your blog for over a year now. Your posts are a superb read and one of the first things I check every morning before leaving for work! Although I admire your work and writings a great deal, I’m sometimes surprised by the level of certainty you seem […]

Am eager to get onto the US’s reaction to weekend events, so will just briefly say that China markets performed on the back of strong PMI data – the highest in three months (52.7 against a previous 51.5). RBA left rates unchanged. The remainder of the trading day focused on US markets reaction to the […]

  QUESTION: Hello, Mr. Armstrong. Let us say that the future turns out OK-ish (post crash and burn), that we avoid another dark age. 3D printing, AI and robots do a lot of the work for humanity. The amount of available mundane jobs are reduced and replaced by our inventions. Have you had any thoughts […]

The future of military and eventually police is to replace the boots on the ground with robots. Duke Robotics has come out now with drones that carry machine-guns. This video shows really the future of war and eventually they will use terrorism as an excuse to use them domestically. Historically, the shape a country’s Armed Forces takes […]

Solar eclipses have been observed throughout history. As to be expected, they have often been seen as omens along with comets. We hear if the star of Bethlehem that announced the birth of Jesus and the comet that appeared the night Julius Caesar was assassinated, which has been historically recorded on coins proving his divinity. […]

We didn’t really need an excuse for why equity markets were lower in Asia today, but we certainly found it in US markets irrespective of political uncertainties – if we were looking! Ahead of the weekend and a move into US Dollars the Nikkei lost 1.2% but interestingly the JPY only just moved back to […]