Several US states are considering legislation to reclassify gold and silver as money rather than commodities. Bills filed in Oklahoma and Missouri aim to eliminate state capital gains taxes on the sale of gold and silver, and to treat these metals as currency. Other states like Arkansas and Utah are also considering introducing similar legislation. […]
QUESTION: Mr. Armstrong, Your knowledge and database on financial crises is really unprecedented. I googled the first banking crisis and it brought up only the Crisis of 1763, which started in Amsterdam. Yet that list published in the WSJ which showed 1683 as the first panic and the siege of Vienna was most interesting. I […]
I know a lot of goldbugs hate my guts because I do not constantly only say BUY and I point out that NOT only gold and silver survive the collapse of a currency. I once had a German client who was a multimillionaire back in the 1970s. When the German government collapsed, he was buying […]
PRIVATE BLOG – Gold & Silver into 2032 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – Gold & Silver into 2032 first appeared on Armstrong Economics.
PRIVATE BLOG – Silver Catch-Up Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
PRIVATE BLOG – What’s Wrong with Silver Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
QUESTION: RE: ….& Coming Barter System. So, are you suggesting that we may see a shift to Silver by private individuals as the only way to sidestep Government stupidity, or will it be even worse, like trading whiskey for toilet paper?? TWE ANSWER: Assuming government attempts to follow the IMF’s advice and create cryptocurrencies to […]
QUESTION: Mr. Armstrong; You do not give much credence to the world returning to a gold standard. Didn’t the entire world use the gold standard before? Thank you for your input JK ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while the West was on […]
PRIVATE BLOG – Metals on the Benchmarks Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
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 […]
