In Canada, they are now fining people whose cell phone is visible in their car. You don’t have to be using it at all. If it is simply visible it is deemed to be a distraction. The hunt for money knows no bounds.

QUESTION: Dear Mr. Armstrong. I hope that you will please give me some advice on the following topics. Sorry for the grammar. I live in Denmark and have been saving up some money that I want to invest. My options are: – buying a house and rent it out (I have 1/5 in cash and […]

QUESTION: Mr. Armstrong; My friend who retired from the Bank of Japan told me you had recreated the monetary system of Japan and that was how you could predict the yen would go below par back in 1995 and again in 2011. Could you please publish the chart on the yen showing the full monetary […]

I have heard what I thought was every excuse for governments to raise taxes and seize money, but this is one I quite honestly thought was something too low for even the police. New South Wales police have come up with the most bizarre excuse to rob your money I have ever heard of. They […]

The hunt for money is moving into high gear in Germany. Prior to 2017, it was possible to buy gold anonymously in quantities up to €15,000. In 2017, this limit was reduced to €10,000. Now, Merkel has drastically reduced this limit to just €2,000 beginning in 2020. Any transaction greater than that amount requires the […]

I have had some interesting conversations of late with people I would say are among the power-brokers who tend to pour money into the pockets of politicians to get a favored status. There is a rising concern that perhaps in Europe they have assumed this was just fear politics about climate and they have ignored […]

Acting SPD leader Thorsten Schäfer-Gümbel has drafted a concept for a wealth tax. He is proposing that this will bring the federal government €10 billion annually. He has argued that the rich have disproportionately benefited from the economic situation in recent years while the average person has struggled. He claims many even benefited from the […]

I have been warning about the hunt for taxes. You must realize that the worst is unfolding at the state and municipal levels of local governments because they cannot create money as is the case at the federal levels. Therefore, they pass draconian laws and enforce insane things just to raise money. In New Jersey, […]

QUESTION: I do not believe you have ever commented on Eric Cline’s book 1177BC, the year civilization collapsed. Do you think this is likely what we face or is this different? WL ANSWER: There were about eight civilizations that all collapsed with the exception of Egypt post-1250 BC. It was caused by a major shift […]

  While there is a grave danger many speak of with trade wars creating protectionism, that is merely a reaction to the economic decline in the West. It is not merely trade wars; it is appearing also in tax wars. Germany bribing Swiss bankers to get names of Germans with accounts in Germany illustrates that […]