QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differencies between countries like Germany and Switzerland for example? Especially regarding pension systems. I asume, there might be big differences by countries. Many thanks and best regards, RZ ANSWER: […]
A lot of people have written in about my comments concerning how the world is completely in a state of global chaos which is why this year I will be providing a continued video update for the 2019 WEC attendees. Those looking at the arrays of many markets are also starting to notice how global […]
QUESTION: I am confused. Is it true that only the Federal Reserve can create money and not the Treasury? HB ANSWER: It all depends upon your definition of money. If you are asking about paper currency, then the answer is yes. If you are speaking of “elastic money,” which really is just book-entries, then that is […]
QUESTION: Could you please tell us more about the bank of the national banks (BIS) located in Swiss? Many thanks for your information. I love to read your blog first thing in the morning!!! JS ANSWER: The Bank for International Settlements (BIS) was originally established to handle the reparation payments of Germany. It was […]
QUESTION: Mr. Armstrong; I really understand why the government wanted your model so bad. You have been the only one to correctly forecast the entire world. The emerging markets are cracking and the euro is falling apart. What is next in your timetable? ANSWER: We have been warning that the first to crack would be […]
QUESTION: Hi Martin, I am a long time reader of your blog and a big fan of the tools that you have developed for investors. Thanks for all that you do and I wanted to reach out and ask about your opinion of the thesis that ——- outlines for the IMF implementing SDRs as world money […]
QUESTION: Mr. Armstrong; I found your recent article on inflation and contagions fascinating. Am I correct in summing it up that today because currencies are not commodity based, they rise and fall on anticipation of political events whereas under precious metals contagions took place by one country debasing compared to another? Thank you for your […]
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? […]
There is much hope buzzing around in Europe that Draghi is planning on ending Quantitative Easing. This is giving the Euro a bit of a lift in hopes that higher interest rates will stem to drastic capital outflows from Europe that resemble rats fleeing a sinking ship. Back on May 14th, Mario Draghi said the […]
