QUESTION: Mr. Armstrong; I really encountered an insane goldbug who claimed you were paid off by the gold cartel to keep the price down. These people cannot open their eyes and see anything but gold or bitcoin. Then they argue the age of knowledge and bitcoin will become the new reserve currency. You really […]
As we go into the elections tomorrow, this campaign has revealed the great political divide that once it has been exploited, there is no putting it back. A Democratic win in the House guarantees that this political divide will only get wider and deeper. They cannot actually pass anything without both the White House […]
A much welcomed rally the past couple of days to end the traditionally torrid month of October. A finally push today moved indices further away from their recent lows, but remain well down for this month. Optimism remains absent with Novembers planned US/China talks on trade still questionable as being included as part of the […]
QUESTION: Do you think that a pole shift will be devastating to society? SK ANSWER: No. I think many turn such events into a looming existential threat destined to destroy us. That is probably up there with the Yellowstone Supervolcano. These treasured theories of our impending doom seem to lurk in a myth that some event […]
Merkel has been the face of Europe – good, bad, or indifferent. Germany has been the major economy in Europe with France a distant second. We must understand that the fate of the Euro hinges on this position of Merkel. She has been a staunch supporter of austerity and the Green and AfD are […]
QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a […]
As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in […]
I have previously written how the academics have REFUSED to revise history even when the evidence has been right in their face. I have previously written that the date for the eruption of Vesuvius could not possibly historically correct based upon a single coin that was discovered in the dig. My position based upon a […]
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in the S&P as September and called for a waterfall on the monthly level. That was amazing. Yet, with the stock market crash, gold could not even rally above the previous week’s high. If the bonds look like death warmed over, equities crash, then surely gold […]
As you would have anticipated, the decline in Asia was as brutal as expected. Not everyday you see an 800+ fall in the DOW and so Asia followed through with its interpretation. All core opened lower and it went worse from there. Shanghai was the standout closing 5.22% down on the day. Talk that the […]
