Several people have asked why I could not confirm or deny that the cause of earthquakes is the slowing down of the Earth’s rotation. As previously reported, this new theory was published in Geophysical Research Letters earlier this year by Roger Bilham of the University of Colorado and Rebecca Bendick of the University of Montana. The theory […]
The Danish Central Bank has come out to warn that there is another financial crisis ahead. The central bank identified several indicators that point to growing risks from its analysis perspective. It is recommending that the banks in Denmark begin to raise their capital risk buffer. The primary concern centers on household credit where banks have lent […]
The risk with Bitcoin is that the government could simply change the definition of money. That is what they did to me back in 1980 because I was one of the three main market-makers in gold (perhaps the biggest). It was all a hunt for taxes, not concerning me but my clients. I have explained […]
Asian markets were unsure how to respond to the weekend news of the US tax move. Whilst it was assumed the move was positive news for US futures markets, it is not necessarily good news for its competitors. The realisation that cash is now being beckoned by US markets, others realise they will be […]
COMMENT: Mr. Armstrong; It is so clear you understand the basic human response that drives the economy. It is amazing why the entire world does not listen to you. Within 24 hours, German companies are demanding tax cuts to compete with the Trump tax cuts. They realize what you have been saying. The USA will […]
The tax cut critics are really just morons if not outright evil people who just want to rob anyone who has more than them. Their analysis put the bill’s total price at $1 trillion, contradicting the Republican argument that the measure would essentially pay for itself. They act as if this is somehow different than […]
The Trump Tax Reform is a very major deal. There are seven brackets in today’s individual tax code. The Senate version of the Trump Reform is not a windfall for the rich lowering their bracket from 39.6% to just 38.5%. The seven tax brackets currently are: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. Changes […]
QUESTION: Hi Marty, Thank you for replying to my earlier question about The Crash & No Bid. It as very insightful towards the mechanics of markets. I have a new question for you regarding how Politicians “kick the can” as long as they can expecting the next people in line to pick up the tab… and […]
QUESTION: You have said that the future will be cryptocurrencies. The Bank of Canada has come out and acknowledged what you have been saying that such private issue challenges the government’s profit structure. Do you think electronic money will be viable sooner or later down the road? PG ANSWER: Electronic currency is ALREADY the bulk of […]
QUESTION: Should I just give up an sell all my gold and just buy stocks after the Senate passed tax reform? ANSWER: Gold has its time and place. The 2018 Gold Report will also cover cryptocurrency since many of the goldbugs abandoned gold for Bitcoin. Will BitCoin peak with a low in gold? We will issue […]
