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Market Talk — September 1, 2015

You can always expect a quiet session when one of the major centers are out for a bank holiday, and that was what we saw yesterday. Not that dealers needed much of...

Medicare Costs May Jump 52% in 2016

Before, I never had to pay when I picked up medicine for my mother. Ever since Obamacare, I have to pay a fair amount. Now, almost one-third of the roughly 50...

CalPERS – Buying the High in Bonds? Oh Boy.

CalPERS, California Pension Plan for government workers, is adopting policies that demonstrate that they are incapable of managing money. They cannot handle the...

Velocity of Money & the Boom and Bust Cycle

QUESTION: Mr. Armstrong; Is the velocity of money an indicator of booms and bust? Didn’t the QE program by the Fed increase the money supply? Then why do we...

Illinois Can’t Pay Lottery Winners – OOPS!

The State of Illinois is dead broke. They cannot pay the pension of state employees. The lottery purchases obviously are used by the state for whatever they desire....

The Close of August

So far, the markets are generally positioning themselves for a turn at the end of September. The Dow has traded sideways since Thursday, trying to cling to the...

Gold Coins vs. Bullion

QUESTION: Mr. Armstrong; Because of the civil asset forfeiture laws I think I understand why you say own only gold coins before 1947 not bullion they can call cash....

“The Forecasting” Will Be Shown in Switzerland from September 2—9, 2015

“The Forecaster” will be shown in Switzerland for a limited time from September 2—9, 2015. We all know who is behind trying to prevent this film from...

Reality Check

Over the weekend, The Financial Times reported that Beijing would abandon its large-scale share purchases. This story sparked declines in China’s A-listed...

Government: The Most Evil Invention in History?

While we need some form of rule of law and independent body to appeal to for complaints, there is no question that government is by far the evilest invention ever...