QUESTION: Mr. Armstrong; I am impressed with your computer system for without historical data depth, it still manage to correctly forecast the high in Bitcoin. The BIS had come out against cryptocurrencies as has our central bank here in Switzerland calling them crude and unlikely to become a world currency without impressive advancement in the […]
QUESTION: Sir; I have noticed that the Roman and Greek hoards of coins you have offered are silver. You do not offer hoards of bronze coins. I have two questions. First, are broze hoards less common? Second, why have you been a buyer of large hoards to begin with? Thank you LW ANSWER: There […]
Private Blog General Overview for Monthly Closing for June 2018
Three Private Blogs Have been posted for Gold – Dow – Euro closing 6/22/18
QUESTION: Can you shed any light on the history of money in Portugal. There seems to be scant discussion of this subject. Thank you ANSWER: The first coinage of Portugal really is Roman and it appears to be struck by the first Roman Emperor Octavian/Augustus (27BC-14AD). The location of the mint was the city of Évora. […]
QUESTION: Mr. Armstrong; You have mentioned that when money was gold and silver in ancient times, there was the problem of shaving the genuine coins as well as counterfeiting them. I have seen counterfeit shield for US fractional money during the 19th century, where there examples such as that to distinguish genuine from counterfeit coins? […]
QUESTION: Mr. Armstrong; I am curious given your passion has been history you have explored things nobody seems to have. What has impressed me is how you pull history together in such a logical way you make it come alive. My question is the origin of Germany. We were taught here in school that Germany […]
Interesting the price action in Asia following yesterdays events and action. The Nikkei was the only core market to record a positive return today, but probably weighted by the currency decline and safety boost. The Japanese index made steady progress throughout the day to close at the high, which was the complete opposite to […]
QUESTION: Mr. Armstrong; There are these people so desperate to argue that cryptocurrency will change the world, I have heard the same pitch behind gold and I suspect most are just goldbugs who gave up and moved to cryptocurrencies. The same arguments of fiat and central banks are at the base of this as well. […]
I was giving a lecture in Toronto to our institutional clients years ago and the central bank of Canada came with ten people. It was an interesting session because the audience began to ask me questions about what the central banks were looking at to make their decisions. I would answer and then the […]
