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Will Coins Survive The Monetary Crisis?

QUESTION:  Hi Armstrong, I continue to read your blog for 2 years I say and find it educational. I wanted to know what will happen to U.S. coins like pennies and nickels when the base metals are worth more than the coin value. Will the U.S. allow hoarders/collectors to exchange them for spot metal value […]

The Noah Coinage of Phrygia

QUESTION: Dear Mr. Armstrong, I have a question please, taking the lead from your recent article in your blog “Noah’s Ark Commemorated on Roman Coins” Question: Do you happen to have found a copy of the Apion Treatise (answers to Josephus) in your historical searches? (Apion — Historian from Alexandria) Background: Titus Flavius Josephus, born in […]

If Computers Replaced Politicians – Could it Get Any Worse?

COMMENT: I really do not know what it’s gonna take for you to get the Noble Price for something. Your computer is amazing. The market crashes the week of the 19th. Here in NYC we have been buried in snow and even CNN has reported we have never seen this much snow in 130 years. Your […]

Culture – Law – And Different Ways

Several women have written in and disagree with what I wrote about prostitution. They argue that 75% of prostitutes come from broken homes, which today is over 50% of marriages. They also state that these girls were abused as children in every way possible and many are runaways. Some also argue that these girls turn to prostitution […]

Chronology of Event for the Crash of 2007-2009

2007 Feb. 27: Mortgage giant Freddie Mac says it will no longer buy the riskiest subprime loans. April 2: Subprime mortgage lender New Century Financial files for bankruptcy-court protection. June 2007: Two Bear Stearns hedge funds suffer after bad bets on U.S. subprime mortgage-related securities. July 31: Investment bank Bear Stearns liquidates two hedge funds […]

Direct Democracy – Is it Possible?

  The advancement in technology today certainly allows us to scrap the Republican form of government with pretend representation of the people by career politicians. There is no reason we cannot vote from home on every bill and that no bill may be merged with any other subject matter. There should be no sneaking spending for […]

Lativa Banking Crisis Unfolding on Schedule – Will it Lead to a European Contagion?

  The Latvian Financial Supervisory Authority is concerned announcing a resolution plan for the crisis bank ABLV that is threatening a contagion risk of further closures of financial institutions in the country with a predominantly foreign customer base. There is a serious risk of a contagion unfolding that will also force consolidation and mergers in […]

Gary Cohn Resigns from Trump Administration – Good Riddance!

The drop in the market yesterday was widely attributed to Gary Cohn resigning from the Trump Administration over his tariff policy. That must be a real shock because Gary Cohn has resigned as White House chief economic advisor. The press attributes Cohn’s planned departure comes on the heels of a decision by President Donald Trump […]

Trump to Impose Tariffs

Trump is implementing tariffs against any country that imposes a tariff of American products. This is a tit-for-tat and will be of a like amount. For years, many countries have imposed tariffs on US products when there has been no tariff on their products. The criticism against Trump at Davos was he should put the world economy first […]

Socrates Update World Share Market Indexes

These are the World Stock Indexes Available in the Basic Level AEX (Dutch) Index Cash AEX All Share (Netherlands) All Ordinaries (Australian) Index Cash Athens Stock Exchange General Index (Greece) Cash Austrian Traded Index Cash BEL20 (Belgium) Index Cash Bist National 100 (Turkey) Botswana Stock Exchange DMS Companies Index (Botswana) Bulgaria Stock Exchange Sofix (Bulgaria) CAC-40 (France) […]