QUESTION: Dear Mr. Armstrong As a long time reader I rarely see you mention the possible long term benefits of also holding corporate bonds. I understand the...
COMMENT: Martin, A few weeks ago (12/13/2016) my wife received a notice from her company about changes to her 401K and I thought I was in a Kafka film. The notice...
I took this picture at the beach. At first glance, it is hard to tell if it is a sunrise or a sunset. For the record, it was a sunrise – the dawn of a new...
As we approach 2017, the euro appears far worse than anyone could imagine. The biggest hypocrite is actually Mario Draghi who is outrageously managing the...
To make it clear, India is not going door to door to confiscate gold any more than FDR did. The reason so many $20 gold coins have survived is because there was no...
The US government says it ran a $US587 billion budget deficit for the fiscal year, which was a 34% increase over last year. Deficits have simply become a standard...
Greek Prime Minister Alexis has come out today and bluntly warned that failure to agree on a debt restructuring for Greece would push it into a perpetual spiral...
In Dresden, Germany, right-wing activists are retaliating against the Muslim refugees. They are said to be behind two huge terror bombs at a mosque. This is the...
Canada has a different legal structure compared to the United States. Canada is one of the most decentralized countries in the world where provinces are actually...
QUESTION: Why are there so many Fed branches? It seems this is another way for government just to create jobs and pensions. ANSWER:I wrote several times that...
