QUESTION: Dear Mr. Armstrong: I have been to the Orlando conference and probably read every single one of your blogs since about a year ago and now wanted to ask you about Bitcoin and/or other alternative currencies. If I am not mistaken, this topic is not something that you have really touched upon. Recent spike in […]
QUESTION: Dear Marty, What could be the true intentions of Prime Minister Narendra Damodardas Modi in India cancelling the currency overnight. I have been suspecting some foul in his demonetisation move but cannot correctly understand why he did it? Counterfeit currency, Black money, prevent terrorism all his publicised motives have been shown false. If this move […]
COMMENT: Hi Martin, Not everyone hates the rich, for without them the lower class would have nothing. What people are angry about are the disgusting bonuses to bankers after they failed everyone whilst hard working people with small businesses were the ones robbed and still being robbed via taxation. Some wealthy people deserve what they […]
As we approach 2017, the euro appears far worse than anyone could imagine. The biggest hypocrite is actually Mario Draghi who is outrageously managing the European Central Bank (ECB). To make this as plain as possible, the ECB is the largest individual creditor of the euro countries, and is thus a bank that is undermined completely by the poor creditworthiness of the […]
QUESTION: Once again Martin your information and explanations are top class. Indian demonetisation, supportive stories in Australian press of ending the $100 bill, Swedish Riksbank investigating digital currency… You called all this months ago and now mainstream media softening up the masses.. Question – why is Bill Gates supporting this do you think ? Thanks […]
QUESTION: Mr. Armstrong: I hope you are well. I ask you: 1. What were the contributions to the economy and international trade, of the great bankers of the modern history, such as, Medici, Fugger, Welser, Berenberg, Rothschild and Morgan? I look forward to hearing from you as soon as possible. Sincerely, J.E.M.V. ANSWER:The contribution was […]
The European banks are in much worse shape than their US competition. The reason being argued in Europe is that the US government imposed a ban on speculation after the financial crisis. However, that was imposed on September 19, 2008, and it ended on October 9, 2008. But some Europeans claim that is why US banks survived and want […]
American banks would rather return to the USA than strengthen their activities in the Eurozone. The U.S. banks, overall, now expect the EU to simply disintegrate. Brussels is not about to surrender its dream and is clinging to life as it slowly dies. The general view now is that the European banks are reaching the point of […]
QUESTION: Mr, Armstrong, Just how stupid do these leaders really think we are? The ECB Governing Council member Ewald Nowotny said there is no banking crisis. “We are in a transition and learning process.” KR ANSWER: Well they think we are stupid, and the press is either brain-dead or corrupt. It is unbelievable. However, if we […]
The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause all the stock bears to rethink their prognostications of a major stock market crash? This was not even on the radar of most people. Some have reported this […]
