QUESTION: You have said that coins were still fiat and not tangible hard money. Nobody else has said that. Can you support that statement? DS ANSWER: Of course. During the American Colonial period, there was a shortage of silver in particular in Britain. The British imposed restrictions on what coins could be used to pay […]
Most people do not understand that there is the Eurogroup, which is an informal body of finance ministers from the Eurozone member states that are intended to discuss matters relating to their countries’ common responsibilities related to the Euro. They do not keep any minutes so nothing emerges with respect to policy. There is now […]
We will be releasing the next Phase of Socrates on January 2nd, 2018. We will also include a forum which we will run and clients will be able to ask questions. That will be operated from our Thailand operation. More details on the three versions of Socrates will be posted soon.
There are several people trying to solicit our clients from conferences requesting your personal information and background. DO NOT PARTICIPATE We are starting a forum for those who sign up for Socrates which will start January 1st. Never provide personal information to anyone. We do not sell names of our clients. We protect our clients […]
COMMENT: The market is always wrong, if all people had all information the eurodollar would not move like in casino in either short or long period, it would be quite smooth. And overall I hate money, if all people were good willing there was no need for money, so money equals bad people and there is […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/12/Socialism-Monkeys.mp4 There was a very interesting study that reveals what Marxist socialism is all about. It is one of the Ten Commandments that we should not be envious of what others have. Yet this is the entire aspect that politicians exploit to retain power. This video reveals that even monkeys get upset when one […]
COMMENT: You are wrong. This chart proves you are wrong and it is mankind that is creating global warming. The sun activity has been declining for 35 years and the temperature is rising. That proves you are wrong. PL REPLY: First of all, the chart you rely on starts in 1880. The historical record is […]
Believe it or not, now the Global Warming crowd is trying to claim that the California wildfires are being caused by none other than Global Warming. “As global temperatures continue to rise, scientists say the risk of extreme fire seasons across the West is rising, too.” Anyone who has ever visited the Red Wood Forest […]
Asia started where the US markets off and confidence ahead of payrolls Friday, a government shut-down averted and hopes riding high for a BREXIT deal – which ran on the back of Sterling’s strength. For the Nikkei it felt important that we saw a 1.5% rally today taking us back to returning a roughly flat […]
QUESTION: Hi Team Armstrong, I read your fascinating blog regularly since watching The Forecaster in early 2015. In today’s posting “Soros Throws In The Towel” there must be a unfortunate misprint? “That was the coup against Margaret Thatcher who really wanted to take Britain into the euro” ? (Illustrated with a picture of PM at […]
