QUESTION: Mr. Armstrong; I believe you said at the WEC in 2017 that central banks will diversify and increase their gold reserves going into the currency crisis coming in 2021. China has continued to increase its gold reserves. You would please update on that development. Thank you PK ANSWER: Central banks are in a very […]

Asia: Recent figures show that Chinese trade with the U.S. has slumped. The figures suggest that the trade between the two countries is down 11% since the beginning of the year. China’s own internal figures are good with the country exporting 14% more in March and imports falling 7%, further increasing their trade balance. The […]

  Marijuana has been prejudiced over the years by people who have never understood the risks and because there was concern that marijuana might compete with the paper industry. There was a campaign waged against marijuana that was born out of an anti-immigration movement against Mexicans. The Mexican Revolution began in 1910 and ran into about 1920. […]

QUESTION: I am a mega dollar bull – I totally get how it is the only game in town.  I’ve lived it too, having seen how the big banks work their balance sheets from the inside. However… occasionally people send me charts like the one below and get all excited.  They say we are de dollarizing […]

We are beginning to witness the impact of state taxes on decision making. California’s high taxes led to the San Francisco Giants losing Bryce Harper to the Philadelphia Phillies. The 26-year-old professional baseball star agreed to a 13-year, $330 million deal with the Philadelphia Phillies because the bottom line net of what California would take was insane. I know […]

  While many believe that the off-exchange trading platforms in Bitcoin bypass fiat central banks, there are developments in the legal world that warn of regulation is headed into the field with a vengeance. There were three important recent actions in federal courts that illustrate the interplay among the Securities and Exchange Commission (SEC) & […]

Mueller’s Report is what was expected. The entire proposed Russian hack was really simply gained by a fake email saying reset your password known as a phishing email. The report does conclude that the Trump campaign did not conspire with Russia during the 2016 election, according to the letter from Barr to Congress. It notes that Mueller’s investigation found the […]

QUESTION: There are a few people coming out claiming the stock market will crash so buy bonds even though you will lose money. How can people keep calling for a mega-crash so long with constantly being wrong since 2010? Thank you for your reason NR ANSWER: These people are still living in a world that […]

People have no idea that the Justice Democrats really stand for injustice. Their platform is the subjugation of everyone who disagrees and to force their beliefs upon the rest of society. They were founded by Kyle Kulinski (born 1988), who is at least an American. Then there is Zack Exley (born December 5, 1969) who was the Chief Revenue Officer […]

Asia: The much-anticipated trade deal between China and the U.S. may be pushed back once again, according to a new Bloomberg report. Chinese President Xi Jinping and U.S. President Donald Trump were expected to meet in Mar-a-Lago, Florida, later this month to discuss terms. However, reports are that the meeting may not take place until […]