I recently did an interview and was asked about the Federal Reserve. There is so much absolute nonsense sophistry that circulates where people think that ending the central bank will somehow cure everything. I really just laid it out plain and simple. The Fed’s balance sheet is a tiny fraction of the economy or the […]
https://www.armstrongeconomics.com/wp-content/uploads/2018/04/Demo-Socrates-1.mp4 This is an update of the Socrates Project. The outsourcing of front-end redesign is nearly complete. We are getting closer to release. This project has taken a lot more time than I ever thought possible. We had to replace staff who simply designed things around a database that was inefficient and not workable […]
QUESTION: I too live in New Jersey, hopefully not for long. I put my house up for sale to get out of town between the taxes and the climate turning colder, it’s time to leave. But probably half the state is sand and was obviously under water. When the water rushed into the Mediterranean, the […]
QUESTION: Hi Armstrong, I continue to read your blog for 2 years I say and find it educational. I wanted to know what will happen to U.S. coins like pennies and nickels when the base metals are worth more than the coin value. Will the U.S. allow hoarders/collectors to exchange them for spot metal value […]
There is little doubt that the amount of water on earth really does not change. There is simply what is known as the Water Cycle whereby evaporation moves water to the sky and then it is redistributed as rain elsewhere. Therefore, the likelihood of an actual flood in Biblical terms that covered the entire world […]
QUESTION: Dear Mr. Armstrong, I have a question please, taking the lead from your recent article in your blog “Noah’s Ark Commemorated on Roman Coins” Question: Do you happen to have found a copy of the Apion Treatise (answers to Josephus) in your historical searches? (Apion — Historian from Alexandria) Background: Titus Flavius Josephus, born in […]
QUESTION: Where does your overbought index stand on the stock market? KL ANSWER: This Index is proprietary. It peaked at 12.55 during October 1919 as capital had flowed to the United States due to World War I. The Index then declined thereafter into the August 1921 bottom at 10.40. From this point, the Index rallied into […]
QUESTION: Mr. Armstrong; I too must agree that somehow we should put your computer in charge. You get the timing right on everything that includes disease and even weather. You have proven beyond a shadow of a doubt that everything is connected. We have trade wars brewing and civil unrest with the prospect that war […]
The end of the week, month and quarter for many so this weekend numbers will be very closely watched. the Nikkei recovered 0.6% but the currency probably found more conversation than stocks after it traded back to a 107 handle before climbing again in US trading hours. The encouraging news of talks between China and […]
QUESTION: How far back have you tested your Economic Confidence Model? GP ANSWER: To the start of recorded history. Each wave has been identified and numbered. It is very remarkable how history conforms cyclically to this frequency. It has been tested on every culture and empire from Asia to Europe. Here is a more […]
