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Join Us at the World Economic Conference in Orlando, Florida! Nov. 17-19, 2023

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Join Us at the 2023 World Economic Conference in Orlando, Florida!

? Dates: November 17, 18, and 19 ? Location: Orlando, Florida, USA (or tune in from home with our virtual ticket options)

Are you ready to unlock the future of economics and finance? Prepare for an unforgettable World Economic Conference experience in sunny Orlando, Florida! This premier event is your gateway to insights, networking, and valuable resources that will supercharge your understanding of the global economy.

?️ What’s Included for In-Person Attendees:

  1. Event Admission: Enjoy reserved seating assigned based on the order of ticket sales, ensuring you have a prime view of every presentation.
  2. Presentation Slides: Gain access to the presentation slides from all speakers, allowing you to delve deeper into the topics discussed.
  3. Video Recording: Can’t make it to a session? No worries! You’ll receive access to video recordings of all conference presentations, so you can catch up at your convenience.
  4. WEC Event App: Connect with the conference on a whole new level. Access presentation slides, bonus reports, recordings, and more via the official WEC Event App.
  5. Bonus Conference Materials: Get a package of bonus conference-related materials, including exclusive bonus reports and videos (as provided by Martin Armstrong).
  6. Morning Information Sessions: Don’t miss out on important morning information sessions, screened on-site in the meeting room on Saturday and Sunday.
  7. Networking Opportunities: Exclusive access to the Event App Networking Feature allows you to connect with fellow attendees, both in-person and virtual, fostering valuable professional relationships.
  8. Culinary Delights: Savor delicious breakfast and lunch on Saturday and Sunday, prepared to keep you energized throughout the day.
  9. Cocktail Reception: Kick off the conference in style at our Friday evening cocktail reception. Meet and mingle with fellow attendees while enjoying refreshing drinks.
  10. Swag Bag: As a token of our appreciation, each in-person attendee will receive a swag bag filled with goodies, including an Armstrong Economics notebook, pen, and an event collector’s mug!

Unable to travel? We also have two different ticket options for those wishing to attend virtually! 

Don’t miss this opportunity to be part of a global gathering of economic and financial minds. Secure your spot at the World Economic Conference in Orlando, Florida, and gain the knowledge, connections, and resources you need to thrive in the world of finance and economics.

Space is limited, so act now and reserve your seat! Visit our Events page to register and join us in sunny Orlando this November.

NEW BOOK Now Available : "Mark Antony & Cleopatra"

Mark Antony Cleopatra Cleopatra Proxy War

Now available at all major retailers!

The eBook will be available shortly.

"THE PLOT TO SEIZE RUSSIA - THE UNTOLD HISTORY"

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The second edition of “The Plot to Seize Russia – The Untold History” is now available for purchase in paperback and hardcover on Amazon and Barnes and Noble. The ebook will be available shortly.

Book description:

“Take care of Russia,” Boris Yeltsin said as he departed his presidency in August 1999. These words were directed at current Russian president, Vladimir Putin. Yeltsin specifically picked Putin as his predecessor to prevent the takeover of Russia.

So, who was Yeltsin warning against? Newly declassified documents from the Clinton Administration prove that there was a plot to rig the Russian election of 2000. These never-before-seen documents confirm numerous attempts to implement pro-Western policies using the Russian oligarchy headed by Boris Berezovsky.

On the other side were the communists who desired a return to the glory days of the Soviet Union. As one of the largest international hedge fund managers, author Martin Armstrong found himself in the middle of perhaps the greatest espionage, or attempt at a regime change for Russia, in modern history.

The Plot to Seize Russia pulls back the curtain to expose the most extraordinary attempt to seize power in modern history, but with the pen rather than armies. These declassified documents reveal a plot that has altered our thinking about the relations between the United States and Russia. The thirst for power comes seething through every line of these papers that alter our perception of reality, change the course of history, and now threaten us with World War III.

Interview: The Idea of a Dollar Crash is Nonsense

Why the EU Needs War so Desperately

EU confrontyation with Russia

QUESTION: Marty, you said this is a perfect storm behind the metals between sovereign debt and war. I believe you said that the EU wants war with Russia or keeps up the appearance of war so they can keep the $350 billion they stole from Russia that included personal assets of Russians not all government assets. I think I remember that you also said Ukraine suspended all payment on its sovereign debt. Am I on the right track?

WP

EU seizing Russian Private Assets

ANSWER: Absolutely. At least 40% of the “Russian” assets seized by the EU are private assets like houses and yachts belonging to anyone who was just Russian. The EU is broke and they do not care about international law. They pretend that seizing private assets of Russian citizens is lawful when it is outright theft.

They are now stirring up hatred against Americans as well and they will use war to freeze any American private investments in the EU as well using war as the excuse. There is a large anti-American sentiment that they are fueling for they need to justify defaulting on American investors that are private assets as well. Europeans should get some assets out of the EU for they are desperate to save the bureaucracy – not the people. The EU is a failure. Listen to Merz speak at Davos and you will see the fragmentation unfolding. They are shutting down free speech fearing that the people will wise up and storm their Parliament.

Ukraine suspended payments on approximately $20 billion in international bonds in 2022, and bondholders agreed to a two-year payment freeze Kiev. In September 2024, Ukraine completed a restructuring of about $20.5 billion in international bonds with over 97% bondholder participation. The representative bondholder committee, comprised some of the world’s largest asset managers and other long-term investors in Ukraine.

The restructuring involved bondholders accepting a 37% write-off of their claims, with new bonds issued at reduced interest rates that will gradually increase over time. Only a fool would buy Ukrainian assets or debt. Any fund investing in Ukraine should be sold.

The Group of Creditors of Ukraine includes Canada, France, Germany, Japan, the United Kingdom, and the United States, with observers including Australia, Austria, Belgium, Brazil, Denmark, Finland, Ireland, Israel, Italy, Korea, the Netherlands, Norway, Spain, Sweden and Switzerland.

These official creditors extended their debt service suspension until the end of March 2027 U.S. Department of the Treasury, while the private bondholders completed their restructuring in 2024.
My sources report that Ukraine also has smaller amounts owed to companies like Cargill Financial Services International, but refuses to provide a comprehensive list of all specific bondholders.

EU beating War Drums

The European Union is now moving forward rapidly with the issuance of stable coins through a consortium of major banks, aiming to create a euro-pegged stable coin called Qivalis, which is expected to launch in the second half of 2026. This initiative is part of a broader effort to regulate digital assets under the EU’s Markets in Crypto-Assets Regulation (MiCA). It is also a way to issue debt. They hope with a euro-backed stabble coin, they will be able to sell this in Asia, Africa, and North America for as they beat the war drums,  you have to be out of your mind to buy euro debt.

 

 

The EU stable coin seems to be the backup for their unpopular digital euro, which most now see as 100% total control. They have pushed for making it criminal to buy anything with €1,000 euros in cash. They trust nobody and they are desperate for money. If you pay in cash, you are a criminal in their view. As the EU experiment is failing, they become desperate to retain power. They have transformed Europe from a free society to the modern version of USSR. This proves that the EU will not survive and they are desperate at this time. This is all about money. Everyone is guilty. You are just now a serf and you must prove where you got that money from to your new master.

 

Russia the Distraction 3

This the the oldest game in the book. When you have a domestic crisis, find an external enemy to blame. It’s like the kid who tells the teacher that they did the homework, but the cat ate it, and then an illegal migrant ate their cat.

Interview: Why Gold and Silver Crashed (Pt. 1)

Market Talk – February 6, 2026

Market Talk 2017

ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 435.64 points or 0.81% to 54,253.68
• Shanghai decreased 10.333 points or -0.25% to 4,065.583
• Hang Seng decreased 325.29 points or -1.21% to 26,559.95
• ASX 200 decreased 180.40 points or -2.03% to 8,708.80
• SENSEX increased 266.47 points or 0.32% to 83,580.40
• Nifty50 increased 50.90 points or 0.20% to 25,693.70
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.0095 or 1.37% to 0.70216
• NZDUSD increased 0.00739 or 1.24% to 0.60249
• USDJPY decreased 0.028 or -0.02% to 157.022
• USDCNY decreased 0.00995 or -0.14% to 6.93056
The above data was collected around 12:49 EST.
Precious Metals:
• Gold increased 179.52 USD/t oz. or 3.76% to 4,958.11
• Silver increased 6.359 USD/t. oz. or 8.98% to 77.191
The above data was collected around 12:53 EST.
EUROPE/EMEA:
The major Europe stock markets had a green day today:
• CAC 40 increased 35.67 points or 0.43% to 8,273.84
• FTSE 100 increased 60.53 points or 0.59% to 10,369.75
• DAX 30 increased 230.40 points or 0.94% to 24,721.46
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00409 or 0.35% to 1.18183
• GBPUSD increased 0.00917 or 0.68% to 1.36191
• USDCHF decreased 0.00284 or -0.36% to 0.77539
The above data was collected around 13:00 EST.
NORTH AMERICA:

US/AMERICAS:

  • DJIA advanced by 1,206.95 points (2.47%) to 50,115.67

  • S&P 500 advanced by 133.90 points (1.97%) to 6,932.30

  • NASDAQ advanced by 490.63 points (2.18%) to 23,031.213

  • Russell 2000 advanced by 92.69 points (3.60%) to 2,670.338

Canada Market Closings:

  • TSX Composite advanced by 476.38 points (1.49%) to 32,470.98

  • TSX 60 advanced by 22.09 points (1.19%) to 1,882.66

Brazil Market Closing:

  • Bovespa advanced by 822.53 points (0.45%) to 182,949.78

ENERGY:
The oil markets had a green day today:
• Crude Oil increased 0.982 USD/BBL or 1.55% to 64.272
• Brent increased 1.21 USD/BBL or 1.79% to 68.760
• Natural gas increased 0.0257 USD/MMBtu or 0.73% to 3.5347
• Gasoline increased 0.0432 USD/GAL or 2.25% to 1.9613
• Heating oil increased 0.0449 USD/GAL or 1.88% to 2.4381
The above data was collected around 13:05 EST.
• Top commodity gainers: Silver (8.98%), Gold (3.76%), Aluminum (2.57%) and Palladium (2.50%)
• Top commodity losers: Palm Oil (-1.31%), Coffee (-4.00%), Oat (-1.38%) and Lithium (-6.60%)
The above data was collected around 13:13 EST.
BONDS:
Japan 2.2340% (+0.58bp), US 2’s 3.50% (+0.043%), US 10’s 4.218% (+3.4bps); US 30’s 4.87 (+0.018%), Bunds 2.8429% (-0.05bp), France 3.4480% (+0.36bp), Italy 3.4960% (+2.23bp), Turkey 30.02% (+192bp), Greece 3.461% (-2.1bp), Portugal 3.217% (+0.6bp); Spain 3.223% (+0.2bp) and UK Gilts 4.513% (-5.04bp)
The above data was collected around 13:16 EST.

Free Grocery Stores in NYC?

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Grocery stores in New York have devised a clever marketing tactic by preying upon the economically vulnerable. The latest example is the so-called “free grocery store” stunt in New York, which was quickly seized upon as proof that groceries can somehow be made affordable simply by eliminating prices. This is the same naïve thinking that has failed every single time it has been tried throughout history.

Polymarket and Kalshi agreed to provide free groceries for a limited time. That is not a solution; it is a publicity stunt designed to exploit public anger over the rising cost of living. The real danger is that politicians like Zohran Mamdani seize on this spectacle as justification for government-run grocery stores and price controls.

I have warned repeatedly that price controls never work, especially on necessities like food. Price is not some arbitrary number that greedy corporations invent. Price is the signal that tells producers whether it is worth planting crops, transporting goods, hiring labor, and absorbing risk.

Every time governments attempt to suppress food prices, shortages emerge. Shelves empty. Black markets form and quality deteriorates. The Soviet Union was not plagued by empty grocery stores because of capitalism, but because price controls eliminated the profit motive that keeps supply flowing. Venezuela followed the same path, blaming merchants for rising prices while systematically dismantling production through controls and confiscation. The result was hunger, not affordability.

We are told that eliminating profit, rent, or “corporate greed” will magically lower prices. In reality, removing profit simply removes supply. When a state-run grocery store inevitably runs deficits, the losses are either covered by taxes and create large budget deficits as taxes alone are never enough to cover the promises of politicians.

Grocery inflation has been driven by energy costs, transportation, labor, regulation, , and global commodity cycles. When politicians reach for control instead of reform, they reveal that they do not understand how the system functions. You cannot repeal supply and demand with press releases or social media optics.

There is no such thing as a free grocery store. Someone always pays whether it is the farmer, the transporter, the taxpayer, or the currency itself. When governments interfere with prices, they are not helping the poor; they are laying the groundwork for shortages, dependency, and ultimately social unrest. You cannot feed the public on empty promises and failed solutions.

Bernie Sanders Enjoys Luxury Private Jets – But Wants to Eliminate the Fossil Fuel Industry

Man of the people, self-proclaimed socialist Bernie Sanders spent over $550,000 on private jet flights in 2025, according to the Federal Election Commission (FEC). The Green New Deal zealot insists climate change is an “existential threat” that warrants limiting YOUR carbon footprint and increasing YOUR taxes. Rules for thee but not for me.

Sanders is the same man who wanted to take the fossil fuel companies to CRIMINAL COURT. He believes we should eliminate fossil fuels, as he flies around on luxury jets to preach about climate change. Sanders sees no problem with using energy to run his three mansions.

Questions regarding his transportation choices only reveal how out of touch Sanders has become. “When was the last time you saw Donald Trump during the campaign mode at a national airport?” he asked, later adding, ““Think about me sitting at a waiting line at United,” Sen. Sanders added. “No apologies for that. That’s what campaign travel is about. That’s what we’ve done in the past. We’re going to do it in the future.”

The vivid difference is that Donald Trump does not want to demonize fossil fuels.

Davos Jets

This is the same line of thinking we see with all bureaucrats who feign environmental concerns as a ploy for power. Hundreds of private jets fly into Davos annually, where the elite scheme ways to limit the carbon footprint of the pawns.

The European Union even exempted private jets from global warming taxes. Since the elite all have private jets, they certainly can’t possibly restrict themselves. They are the ones the world desperately needs. There were 309 private jets that flew to Davos in 2019, and this number grew to around 628 in 2024 and 705 in 2025. The media stated that there was around one private jet for every four World Economic Forum participants.

COVID restrictions did not apply to the elite, who were seen abandoning the very rules they expected the rest to follow. These people have one motive: power. Globalists know the climate change fear-mongering has lost its effectiveness, hence why they are turning toward water and blue initiatives as a way to control the masses. Bill Gates claimed that the climate change crisis was averted, asking the minions to focus on disease and poverty instead. Perhaps there will be a water-derived disease in the future.

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The elites demanded that all companies adhere to carbon and ESG policies. They track and limit carbon usage to tax consumption. Lab-grown meat is becoming normalized since cows simply take up too much land and produce too much carbon. And don’t even think about using a gas-powered stove to cook your lab-grown cancerous cell meat. Gas hookups are prohibited in new construction buildings. Do not drive a gas-powered vehicle to pick up your groceries. In fact, do not even purchase groceries—you can simply eat bugs, own nothing, and be happy.

More Disappointing US Job Data Confirms Trend in Motion

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Another day, another set of disappointing data. Data this week from Challenger, Gray & Christmas indicate that the US labor market is no longer merely cooling. According to the latest report, US employers announced 108,435 job cuts in January, the highest January total since 2009, and more than double January 2025 figures. Hiring plans collapsed to just 5,306 announced jobs — the lowest January level on record since the firm began tracking hiring in 2009.

For years after the pandemic, employment was the one strong headline in an otherwise weakening economy. Even as real growth slowed and debt expanded, companies continued to hire, and workers found jobs. That narrative of a resilient labor market propping up economic optimism is now unravelling. Fewer new hires, skyrocketing job cuts, and employers setting reduction plans before the year even began shouldn’t be dismissed as routine seasonal shifts; they point to a downturn in employer expectations and consumer demand.

While headlines often attribute layoffs to artificial intelligence, the Challenger data shows AI accounted for a relatively small share of the cuts. The dominant forces are market conditions, contract losses, and cost pressures.

The labor market is the backbone of consumer demand. Companies expand payrolls when they believe future sales justify investment. Workers thrive when they believe they will be fairly compensated and not penalized by the government through excessive taxation.

Employers set layoff plans late in 2025, anticipating weaker conditions in 2026. Hiring plans are a clear sign of confidence, or in this case, the erosion of confidence. This is not a temporary cooling but a downward trend.

Since the government is unable to operate, data sources like Challenger and ADP have become more dependable. Still, the data from BLS is the preferred gauge, but there is no need to wait for that data to publish to see that the labor market is weakening.

Confidence always precedes activity. When confidence fades, activity follows.

The Economy into 2028

US Unemployment M Combined 2 5 26

QUESTION: Marty, January posted the largest January job loss numbers since the Great Recession of 108,435, which was a 118% increase from a year earlier. This seems to be in line with Socrates’ going into February where it projected a rise in volatility there as well and a Directional Change. Plus, consumer confidence started declining during 2025. The decline has been ongoing for most of 2025, with January 2026 representing a particularly sharp drop that continued an existing downward trend. Your model forecast a recessionary  trend into 2028 years in advance. Will society ever look are your work and cycles?

GD

Unemployment Y 8 2 24

ANSWER: I don’t think the West will wake up until after 2032. Then, hopefully, they will review all the forecasts for there are so many and see that there is something to this. The critical resistance on unemployment remains at 6.6% Exceed that on an annual closing, and you will see a very serious rise.

935 ECM 2020 2028

Amazon is showing weakness on both on the macro and business-cycle perspectives.  The combination of weakening consumer demand, mainly in the lower- to mid-income tiers, and pricing pressures from shortages and to some extent from tariffs, are key factors to keep in mind. We are also in the middle of a Schumpeter Wave of Creative-Destruction into August 2028.  This is confusing and will have impacts on the market to create false moves with high validity.

PRIVATE BLOG – Dow into March – When Will it Reach 75000-88000?

PRIVATE BLOG

PRIVATE BLOG – Dow into March – When Will it Reach 75000-88000?


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 – Socrates on Gold & Iran

PRIVATE BLOG

PRIVATE BLOG – Socrates on Gold & Iran


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/