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Month: June 2019

Trump Stands Down on Retaliation Against Iran

Trump said Iran’s attack on the drone was probably an unintentional “mistake.” According to sources, President Trump had approved military strikes...

PRIVATE BLOG – Gold reached $1415.40 

PRIVATE BLOG – Gold reached $1415.40  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

Iran on Schedule for the War Cycle

COMMENT: Mr. Armstrong; I am a Muslim and I have just read you War Cycle report from 2015 where you provide your forecast for this crisis we are cascading into. You...

Gold & War

QUESTION: Mr. Armstrong; you are the only person who forecasts gold without bias. How will gold respond to the war rattling with Iran? PD ANSWER: They will always...

The Central Banks are Trapped – the End of Economics as we have Known it

Draghi has come out and said that is inflation will not pick up, he will do even more Quantitative Easing. I warned that the central banks, particularly the ECB,...

Market Talk – June 20, 2019

ASIA / AUSTRALIA: North Korean leader Kim Jong Un will hold talks with Chinese President Xi. President Xi arrived in North Korea’s capital, Pyongyang, in the...

Manipulating the World Economy

  I have finished an important book which is just going off to press now for printing. This is an important work on how the central banks are trapped and how...

Iran Shoots Down US Drone Wednesday Night NY Time

The news of Iran downing a US drone was circulating in the Middle East before it hit the news wires. It was actually shot down at 7:35 pm New York time on Wednesday...

PRIVATE BLOG – Gold & The Pop to 1397 

PRIVATE BLOG – Gold & The Pop to 1397  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Is the Fed the Only Means of Creating Money?

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....