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 […]

The history of South Korea formally began with its establishment on August 15th, 1948. In the aftermath of the Japanese occupation of Korea following Japan’s defeat in 1945, Korea was divided at the 38th parallel in accordance with a United Nations arrangement. The North was to be administered by the Soviet Union and the South fell […]

North Korea fired more than 100 artillery rounds into South Korean waters as part of a military drill on Monday, March 31st. The South returned the fire. The North is more-likely-than-not going to engage the South after 2015.75. When the economy turns down, the saber-rattling may turn into actual confrontation. The North will need its […]

Christine Lagarde is a french lawyer who became chairman of the Chicago firm Baker & McKenzie. Obama endorsed Lagarde ahead of the vote claiming a woman would be proper after  Dominique Strauss-Kahn, had to resign after being charged with attempted rape in New York. However, the maid was found to be anything but credible and there is […]

There is a serious issue at the core of the USA-Russian renewed Cold War. Both sides fail to understand how and why the Cold War ended. This is a profound problem that impacts both Russian and Western attitudes risking war in the future. This very common assumption that the West somehow succeeded in causing the collapse […]

I have clients on every continent and traveled just about everywhere. What I have learned is to understand the people of any nation, you simply have to (1) know its background and history, and (2) its language. The combination of these two elements allow you reach the all critical comprehension of their thinking process for […]

The Cycles of War – Sovereign Debt – Gold Conference on Friday March 21st will be streamed around the world live. The price will be $350. We had to change the venue due to crazy unions that control Philadelphia and are destroying its economy. Apparently, there is a camera man’s union and we cannot have […]

Another NY Trader jumps to his death in front of a train. The rash of suicides in the financial industry remain the buz of finance. Some say its the markets. Others say Bitcoin losses. Then others say the downturn in banks. It is probably all of the above and what I can say, unfortunately, it […]

QUESTION: Mr. Armstrong; I am impressed with your models and the cycle of war. What has truly astonished many of your readers in Eastern Europe is how you focused on Ukraine and said this is the flash point before anything happened and then you said wait until after the Olympics and then Russia will invade. […]