COMMENT: Mr. Armstrong, I happen to be an anti-trust lawyer. Your piece on the airlines was on point. I am also interested in the precious metals. Recently, one of the “promoters” said you did not know anything about anti-trust. That to me proved these people just say anything and lack the integrity or knowledge about […]
We have provided an update on the metals in the private blog
This is perhaps the most bearish rally in history. The number of people yelling that the market will crash 80% to 90% is still amazing and the number of short positions remains at record highs, proving this rally is far from over. Now we approach a cluster of Weekly Bullish Reversals below the former major […]
According to a recent poll, 66% of Germans are now against Merkel. As it now stands, if the election were today, she would find perhaps the lowest number of votes of any world leader. It is now impacting everything as vacation spots are seen as possible targets, especially in Spain and France where there is […]
Europe is being torn apart from the inside. In Paris, the metro station is turning into a slum and war zone. School gyms in Germany have been turned into dorms for migrants and many kids have lost sports as a result. This has turned everything just completely nuts. I have been told that many people […]
QUESTION: Mr. Armstrong, I think I am starting to see the light you have been shining. Negative interest rates really are “completely insane”. I also now see that months after you wrote about central banks were trapped, others are now just starting to entertain the idea. Is this distinct difference in your views that eventually […]
Saudi Arabia has threatened the Obama administration and congressional leaders that it will sell billions of dollars in U.S. financial assets if Congress passes a bill to make the Saudi government legally responsible for any role in the 9/11 attacks. That bill would allow claims to freeze their assets in the USA by a judge pending […]
Our criminal justice system is the worst in the world. America has only 4.4% of the world population but 22% of the world’s prison population. We have the worst system in the world because you stand very little chance of having a fair trial. The time it takes to even overturn wrongful convictions is outrageous. […]
The Bundesbank (German Central Bank) has come out to oppose eliminating cash. During the pre-euro years, the Bundesbank was providing us with inside info on the euro preparations because they were outright against it. Those who always hate central banks do not realize that they are not always what it seems. The Bundesbank is now […]
General view of the buildings of the Court of Justice of the European Communities The European Court of Justice (ECJ) has stated that banking secrecy established in Austria cannot be relied upon by German bank branches in Austria to defeat tax authorities. Branches of German credit institutions in Austria must, therefore, provide information on accounts […]
