The world’s most valuable stamp is going up for sale at Sotheby in New York. It is the only surviving example of the ‘emergency’ stamps issued by the British Guiana postmaster in 1856. This specimen was discovered in a stack of papers in 1873 and sold for just six shillings. It was later purchased by a Liverpool stamp […]

QUESTION: You say there was no CIA plot in Ukraine and I can see that not even Britain was willing to send troops to Ukraine because of this popular story of a CIA instigated revolution. The feeling in Europe is precisely that. To defend Ukraine would be another Iraq and America cannot be trusted. Whilst […]

Barry Rosenstein, the hedge fund manager of Jana Partners, is paying $147 million for a property on exclusive Further Lane, Long Island, New York. This now sets the record for the most expensive house sold illustrating that the top end of the market is still booming into new highs while the low-end falls and the middle […]

Mary Jo White, head of the SEC told Congress that the allegations in Michael Lewis’ new book about high-frequency trading markets are false. She bluntly stated that the “markets are not rigged.” I know Mary Jo White personally and I am no fan to say the least. However, on this comment she is correct. White’s […]

QUESTION: Is it true that nearly 80% of Nevada is still owned by the Federal Government who then pays no tax to the State of Nevada? This seems very strange if true as a backdrop to this entire Bundy affair. You seem to be the only person to tell the truth without getting crazy. Thank […]

You can tell a REAL journalist from a propaganda artist by their characterization of Bundy as a tax cheat who breaks the law. Congress can pass a LAW that says you must kill your first-born. There is ABSOLUTELY nothing to prevent Congress from passing ANYTHING that crosses their mind. So to simply justify the massacre […]

  For years I watched the at Justice Department prosecute anyone who competed against New York destroying firms like Drexel )Philadelphia, REFCO (Chicago) and countless small brokers who were inching up too close to New York, They went after Frank Quatrone of First Boston because he stole the IPO business from NYC.  If you compete […]

 There are three complete different core models that we are employing that are absolutely totally unique and the interesting thing is when they CONVERGE – not that they have anything in common otherwise. The Economic Confidence Model is a business cycle and that has been tested back to at least 600BC. It shows the rise […]

QUESTION: Mr. Armstrong; You previously mentioned you cannot trust the big firms in New York. Does this apply to their branch offices outside NYC? Thank you; JT ANSWER: That comment referred to MARKET MAKING where they keep track of who buys what. That is totally different from having a broker at a major firm where […]

QUESTION: Mr. Armstrong; Christine Lagarde of the IMF has stated that the problem with Europe and Japan is that they have no appreciable inflation. She calls it “low-flation.”  You have stated that the U.S. and Germany are always fighting their last economic war so the U.S. inflates and Germany deflates. So is Lagarde correct this […]