QUESTION: Dear Martin, I have been researching facts about history and there is strong evidence that what we were taught in school doesn’t fit with the reality. As you have a very vast coin collection, which is part of your research, how can you be sure of the timeline about those coins? I remember from your […]
A remarkable discovery has been made and reported by the BBC. A clay tablet recording the story of Odysseus after the fall of Troy by Homer who is the famous Greek poet who was born sometime between the 12th and 8th centuries BC. He is believed to have possibly been born somewhere on the coast […]
Just when the markets started to rejoice in the fact that there had been no recent escalation of trade wars and then the silence is broken. Early in the Asian trading day the US released a list of additional tariffs which are assumed to total close to $200bn. This number has wobbled equities and put […]
COMMENT: Mr. Armstrong; As you know, we rejected the proposal to eliminate banks from creating money by lending or the Sovereign Money Initiative. What you did not report is that the very same reasoning behind that movement has been used for the cryptocurrencies. In fact, they were using Bitcoin as proof that their idea […]
The causes of the Great Depression have been debated for decades. The problem with all of the analysis is this same attempt to reduce the cause to a single event. In school, we read the Great Crash by Galbraith. He was a socialist so he blamed the corporations and never bothered to ever even mention the […]
QUESTION: Mr. Armstrong, what were the gold custom units issued by the Bank of China with the image of Sun Yat-sen. PHR ANSWER: The Customs Gold Unit (CGU) was the first peg to the US dollar. Here we have China issuing currency backed by the US dollar. It was a currency issued by the Central Bank of […]
Gold rings were discovered in Ireland and they seem to be uncertain about their original use. The Celts did not create their own coins for many centuries. They used ring money which is commonly found throughout Europe, north of Italy. Celtic ring money is typically bronze. However, it is known that the Minoians sailed into […]
The question of money supply and inflation has been erroneously set in stone philosophically predominantly by the debasement of Spain and Britain during the period of Henry VIII. This was really a period where there were various countries and their currency completely relied on the exchange market in Amsterdam, which was based entirely upon their metal […]
Many in Asia had expected to see a recovery today following the turnaround we saw in US markets, but this was not to be. Despite an early rally prices soon turned lower as concerns over the US/China trade tariffs and renewed Yuan negativity. The Hang Seng looked to be the outlier but remember it was […]
As we enter Q3 trading, markets remain nervous over trade and Europe. We still have QE disrupting bond markets and so it is not possible to acquire a clear view of risk. The ECB has been relentless in masking European government exposure and is even rumour they are participating in the FX market. New […]
