Banking Panic in Italy
July 11, 2016We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.
We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.
QUESTION: Mr Armstrong; I am witnessing everything you have warned was coming right down to the stock market rise with gold and the dollar. Nobody has put such a possibility even forward. The goldbugs only talk about how the stock market must crash with the dollar so buy gold. Even with gold rising they are […]
Civil unrest is exploding. The biggest and most violent protest in Germany erupted in Berlin over the weekend, exactly with our models calling for an explosion in civil unrest. Some 1800 police were called in and at least 120 policemen were injured in what became a street battle. This has been the most aggressive and violent […]
We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. The negative interest rates have devastated Europe. While trying to stimulate borrowers who are not interested without an opportunity to make money, the ECB has wiped out […]
Despite the bears, the US share market continues to press against new highs. The Cash S&P 5oo closed at 212990 after reaching 213171 intraday. The record high remains the week of May 18, 2015, when it reached 213472 closing at 212606. The highest weekly closing was the week of July 13, 2015, at 212664. Therefore, […]
Despite the bears, the US share market continues to press against new highs. The Cash S&P5oo closed at 212990 after reaching 213171 intraday. The record high remains the week of May 18th, 2015 when it reached 213472 closing at 212606. The highest weekly closing was the week of July 13th, 2015 at 212664. Therefore, we […]
The State Department blew everyone away after admitting that they officially and intentionally deleted several minutes of video footage from a 2013 press briefing to mislead the press over the Iranian nuclear deal. Those in power are all about just them. They are constantly showing that they cannot be trusted on anything. Yet, we are risking the lives of our […]
The politicians in Australia know how to shove a tax through that they can flip on anyone who opposes it. Australia is now implementing a “domestic violence tax” whereby they will charge every household $30 annually to create a fund to help victims of domestic violence. There were about 124.6 million households in the United […]
When it comes to taxes, just shut up and pay. It does not matter what the “intent” is — just pay. The German High Court upheld a broadcasting tax that requires everyone to pay for TV and radio. It seemed logical to question why someone should pay the tax if they do not own a TV or […]