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Elizabeth I Two-Tier Monetary System

QUESTION: You have mentioned that the US maintained a two-tier monetary system with trade dollars during the 19th century. Did Britain ever do the same or was the...

Vertical Market are the Most Difficult to Trade Even With 30 Years Experience

COMMENT: Dear Mr. Armstrong, I want to thank you for the great advice some months back, “Do not short this market”, I took your advice. I day trade, and other...

Can We Stop the Government Borrowing & Just Print Without Inflation?

The conservatives are going nuts about raising the debt ceiling as if this really matters. They claim: “The United States is effectively bankrupt, but that...

Alaska Hit by 7.9 Earthquake – The Start of a more Active Period lies Ahead

A 7.9 earthquake just struck off the coast of Alaska. There have been 12 major earthquakes greater than 7.0 since 1906. The 1964 earthquake was one of the biggest...

Market Talk- January 23, 2018

Asian markets responded better than US cash did upon the news of settlement between the US House of Representatives and the Senate. The BOJ keeps rates unchanged...

Quantity Theory of Money (QTM) & Its Failure

QUESTION: I am most interested in your revisionist view of QTM. You debunk QTM frequently within broader topic discussions, but I’d love for you to address...

The Ban on issued Coins that Commemorated Waterloo

QUESTION: Wrote said that under the EU organization, the French insisted there would be a prohibition against issuing any coin that commemorated Waterloo. Can you...

Refugee Migration Will Keep Wages Suppressed in Europe

QUESTION: Mr. Armstrong; Here in Germany, one obvious consequence of the refugee migration has been that wages are declining for low-end jobs. I believe you had...

Market Talk- January 22, 2018

We opened the week with a quiet, low volume Monday but with plenty of central bank activity scheduled to look forward to. Given the US shutdown started midnight...

Do Commitment of Traders & Inventories Really Matter?

QUESTION: Do you think that the Commitment of Traders and reported inventories are relevant to gauge market performance? ANSWER: The oldest game in town is...