Once again, the office of Inspector General has come up with a huge hole in the Department of Defense with a missing $6.5 trillion. The day before 911, Rumsfeld admitted there was back then $2.3 trillion missing from the Defense Department budget. That has now grown to $6.5 trillion and counting. They have reported that […]
Hillary has unquestionably been open for business. All the financial scandals of the Clintons belong to her from Travelgate forward. This latest batch of emails shows that donating to the Clinton Foundation was the means to get access to the Secretary of State. This is really unprecedented. The Hillary White House is going to be party […]
Marginally disappointing as far as Japan is concerned, but having just seen Q2 GDP at zero (against estimation of +0.2%) already called down from the 0.5% seen in Q1, it was no surprise the market was torn today. The strength of both the Shanghai and Hang Seng lifted sentiment more than prices which certainly gave […]
QUESTION: Mr. Armstrong; You have stated that August is the season of war. Can you explain a bit more than just that. I am sure you have before. But I am new to the blog. Thank you for opening my mind ND ANSWER: The majority of wars have begun in the spring and summer with August […]
Richard Nixon was accused of being corrupt because some supporters back in the 1950s set up a fund he could use for political purposes. When it came out about this fund, it was touted as corruption. Nixon’s political career was on the line. He was chosen as Vice President by Ike who was a general […]
QUESTION: Marty; It is clear that the Republican elite support Hillary over Trump and of course the press with every story is negative. This is really strange with the GOP leaders who claim to be conservative. Obviously the press has become a propaganda machine to only destroy the country to maintain the status quo. Is […]
Finally, the Dow made new highs in the face of constant calls for a crash. This past week, in a horse race we would call it a trifecta where the Dow Jones Industrials, S&P 500,and the NASDAQ all made new record highs. This sent a bunch of analysts to look again and began to proclaim […]
This is the list of panics I discovered in the library at Princeton University. I simply added the period of 224 years from 1683 to 1907 which yield 8.615 as the common frequency dividing that period by the 26 events. I did not expect this to produce events to the day. The mere fact that […]
This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee with less than 10,000 in population, announced it will begin charging retail customers to hold their cash starting in September. This will apply to accounts greater than €100,000 euros. This means the bank will charge customers 0.4 percent, which amounts to […]
This contest between Islam and Christianity is primarily at the elite level. The bulk of those in Turkey do not support the idea of returning to the days of old. Of course, both Hitler and Napoleon dreamed about resurrecting the Roman Empire. By no means did this same dream infect the general population. These types […]
