A lot of people are fixed on what money is and presume somehow that a return to precious metals will solve the problem. Precious metals are for personal use. They have never prevented any society from systemic economic collapse. Do not confuse hoarding gold to preserve wealth with a gold standard. We had one with […]
Schoolchildren in Poland are preparing for potential invasion with mandates for firearm lessons. Minister of Education and Science Przemyslaw Czarnek signed off on the new requirement and is considering expanding studies to include preparation for rescue operations and cyber attacks. Children in primary schools will learn weapons safety and theoretical principles. Secondary school children, girls […]
QUESTION: Mr. Armstrong, Like so many others, I cannot express my gratitude for creating Socrates. You provide forecasting for the entire world. In Brazil, Socrates has been a light in the middle of darkness. Our central bank has had to intervene four times, desperately trying to prevent the collapse of our currency, as we […]
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ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 92.81 points or -0.24% to 39,364.68 • Shanghai decreased 24.85 points or -0.73% to 3,361.49 • Hang Seng decreased 95.01 points or -0.48% to 19,700.48 • ASX 200 increased 64.50 points or 0.78% to 8,314.00 • SENSEX decreased 1,086.08 points […]
Our models do not indicate that food inflation will ease in 2025. In fact, I have repeatedly warned that people may want to stockpile food for the next two years as there will be weather events and supply chain shortages. Our model warns that we may see another severe drought, probably between 2025 to 2027, […]
Jan. 6 Committee Chairman Bennie Thompson (D-Miss.) recently stated that he would accept a preemptive pardon from Joe Biden if it were offered to him. Thompson has not been accused of a crime – yet. So, what is he hiding? Thompson believes his committee did a “wonderful job” investigation January 6. Innocent people do not […]
Former Luzerne County, Pennsylvania judge Michael Conahan made his fortune by accepting bribes to imprison America’s youth. Conahan and fellow judge Mark Ciavarella Jr. ruined families to help fill the cells of for-profit juvenile detention facilities. Over 2,500 juveniles were sold off by these judges for $2.8 million. Conahan was sentenced to 17.5 years, a […]
QUESTION: Mr. Armstrong, I am new to your blog. My friends here have been on my case to listen to you. Our government has fallen, and I have observed one thing. Your forecasts are correct because nobody here will ever make a bold forecast, and they all seem to preach the same scenario. You have […]
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 12.95 points or -0.03% to 39,457.49 • Shanghai decreased 5.55 points or -0.16% to 3,386.33 • Hang Seng decreased 175.75 points or -0.88% to 19,795.49 • ASX 200 decreased 46.50 points or -0.56% to 8,249.50 • SENSEX decreased 433.70 points […]
