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Armstrong Economics 101

Dow to 100K?

Donald Trump recently stated that the Dow could reach 100,000 by the end of his presidency, and the usual crowd immediately rushed to either cheer or ridicule the...

Chipotle Seeks Wealthier Customer Base

Chipotle CEO Scott Boatwright publicly admitting that the company is now aiming its marketing and pricing toward households earning over $100,000 a year is a...

The Economy into 2028

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...

What a Difference a Day Makes in Metals

One commentator said great job, you were off only 24hrs in picking the high in gold. Another wrote in asking how did you know this would be a cycle inversion with...

Beware of February Onward

COMMENT: Hyperinflation and sanctions on cue in Iran, 103.2 years before Weimar. Iran headed to 47.3 year peak in early 2027 on ECM from hostage taking, after which...

The Dark Side of Humanity?

QUESTION: Thank you for your efforts to reduce the amplitude of war. It is really remarkable that a person’s talents, wisdom, or achievements are often...

Cost of Living Rising Faster in Blue Cities

Cycles are often systemic, predictable, and, as I have long argued, often the result of policy distortions interacting with underlying structural forces. The latest...

Gold, Silver Glut & Geopolitics

QUESTION: Marty, you always criticized the gold bugs for claiming gold rises with inflation. You are the only one who projected $5,000 gold, and you said it would...

Iran – Socrates & Geopolitics

QUESTION: Mr. Armstrong, you warned that Iran would face a crisis in February 2026. You also said Iran would enter a period of extreme conflict with the turning...

Random Walk Theory is Impossible

The single most dangerous lie in modern economics is the Random Walk Theory. It’s taught in every major university to support government intervention and...