Argentina has bluntly stated it cannot make the next bond payment. The exist fees being attacked to long-bond funds is also the realization that our models are spot on. I am off to urgent meetings in Europe. All I can say is our phone has been red-hot. Equities are rapidly becoming the new international gold […]

COMMENT: Hi Martin; thank you very much for your informative blog, i started reading at the beginning of the year and it’s the only one I make sure never to miss a single post. You are the first person I recall mentioning that $3,000 transactions are being kept an eye on. Here is another strange case. […]

I have been warning that there will be no solution without a massive debt default. This is simply the way it has historically always gone down. Public debt, which is strangely considered quality, has been actually the worst that can possibly exist. Simply stated, no government has ever paid its debt except the single exception […]

QUESTION: Thank you for your blog.  You put a lot of work and knowledge into it.  Again, thanks. When you talk about $19 Trillion in pensions in the USA I take that to mean “pensions.” But then you said “retirement accounts” or retirement savings”, which may include IRAs. Do you foresee all forms of tax-advantaged savings […]

QUESTION: Dear Mr. Armstrong, I know you never solicit input but I must tell you that after reading your blog I have no desire to read any of the 12 other publications I used to read about politics and economics. I truly feel now that it is all BS when I read those. My question […]

QUESTION: Mr. Armstrong, As I continue to read your blog, I have to wonder if America will survive the coming hardships.  America is split about 50-50 politically with no real possibility of reconciliation.  Victory for one side or the other (left or right) is the only real “solution”. Given this perspective is it possible America will […]

COMMENT: Martin Armstrong. Hi – I was a die-hard goldbug. You changed me for ever Martin. Thank you. I think you will be remembered as one of the greatest economists of all times. I am from Argentina and I always read your work. I am just a white collar bank analyst from Argentina who thought that […]

COMMENT: Hello Martin, Finally you have raised the issue of the “global currency reset.” I have always been of the same opinion expressed by you that in a floating currency regime an administrative devaluation is not possible. What would be the basis of the new reserve currency? A link to a metal or to a (somewhat) floating […]

QUESTION: What is ‘modern day’ currency devaluation? I have read your articles about the 1930s devaluation and I also do understand what money is (thanks to your writings). I am not sure what ‘modern day’ currency devaluation is and I was hoping you may write more about this subject. I know there is a lot […]

QUESTION: Hello Mr. Armstrong, I have been reading almost all of your writings in the past 4-5 years.  I just wanted to clarify or dig a little bit deeper on your blog post today for the Dow and the ECM.  You noted that we must wait until the bottom of the ECM in September this […]