QUESTION: Mr. Armstrong, In your post today you mentioned Donald Trump would be the most qualified candidate to handle the sovereign debt crisis.  If I may ask, do you know Trump and do you think he would consider your solution for the coming crisis? Thanks for insight. JH ANSWER: No. I never advised Trump or […]

QUESTION: Marty; What did you think of Trump and Rand Paul in the debate? Thanks BP ANSWER: I felt Trump held his own. The moderators were biased and starting the pretend debate by asking who will pledge not to run independently illustrates that they were speaking as the party line rather than an as unbiased […]

The debate everyone has been waiting for revealed the bias of the moderators and their secret agenda against Trump. The second most interesting exchange was between Christie and Paul. The so-called debate began with the leading question of asking candidates if they would pledge not to go a third party, which was clearly targeting Trump. […]

Anyone who thinks this is about terrorism is pathetically naive. The NSA is a top-notch Tax & Economic Espionage (TEE) organization; with terrorism so low on the agenda, it is laughable. You do not collect every phone call worldwide of billions of people to sort out even 100 terrorists. They store all that data and can input your name and […]

Gold elected a Monthly Bearish Reversal today at 1155. We have some support down at the 1042 level for now. Technical support for August lies at the 1029 level. We will be issuing the update on gold for those who purchased last year’s report by the end of the month to cover the downside. This […]

Historically, the Republican Party is the one that splits. It has been an odd mixture of liberalism from the viewpoint of citizen rights before those of the government, and the original constitutional goal of preserving the sovereignty of the states vs. the Federalists. This liberal view has often taken the Libertarian position, whereas the so-called “liberal” view […]

Obama’s visit to El Reno Federal prison (Correctional Institution) in Oklahoma is probably one of the few acts he has done that I agree with. Like most people, I assumed the justice system was fair – until I was confronted with the absurdity of American justice. Only then did I begin to appreciate how corrupt […]

Trump is hitting very hard, clearly tapping into the emerging anti-establishment politician trend. He bluntly states, “Who do you want negotiating with China? Trump or Bush?” You could expand that to Hillary. Her negotiations amount to how much they are willing to donate to her questionable charity. People setup such charities because they have money to give […]

What actually constitutes the Long Depression has been debatable, for at first it was called the Great Depression, and then that title was transferred to the 1930s. Consequently, some limit the term Long Depression to the worldwide price recession beginning in 1873 and running through the spring of 1879. Six years is not exactly a “long” depression, that in […]

Some people have a very hard time understanding that we are in a massive deflationary spiral; they think that rising prices simply means it is inflation and not deflation. They only see prices, not disposable income, and certainly not economic growth and unemployment. Prices rose sharply following the OPEC oil price hikes, but the sharp […]