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What About Croatia?

QUESTION: Hi, Mr Armstrong, when You said “they will confiscate 10% of everyone’s accounts in Europe” did You mean also Croatia? Regards ANSWER: Sorry to say – you will be included. This was one of the factors that also persuaded Ukraine to turn away from Europe. The problem is this mixture of German austerity (deflation) and […]

European Confiscation

QUESTION: Martin, I read with alarm the blog post this morning about the coming 10% tax to be imposed on European accounts.  I’m an American with an IRA managed by a SEC regulated private Swiss Banking firm with my funds in an Austrian branch of a Swiss Bank.  I report the account on my tax returns every […]

European View – Switzerland v USA

QUESTION: Hello, One question: will a European’s money and shares held in Switzerland be safe from the IMF European bank bailout proposal? Thanks KR ANSWER: Switzerland has two risks. First, it has the biggest stockpile of euros of any central bank because it was trying to hold down the franc. It stands to lose big […]

Diamonds the New International Money?

  Everyone has heard that the diamond industry is a monopoly controlled by the De Beers Family of Companies. That perception has been the standard response because they in fact had such a monopoly beginning in the mid-1800s. That actually came to an end in 2000. There has never been a commodity exchange for diamonds […]

Advice to Europe – Part II

The big money has been buying Art, Real Estate, and ancient coins that are an international market. If you cannot get stock that is liquid, you need other “movable” assets be it coins or diamonds. Real Estate is not really movable. Fine Art has jumped more than 25% on the top end. Even retail sales […]

Advice to Europe

QUESTION: Hi Martin, Happy New Year 2014. Please keep up the fantastic work you are doing for all of us! It is a blessing that there are people like you, when in Europe we are cursed with hopeless politicians as Hollande and a Marxist IMF boss. One question, you wrote the following in one of […]

Japan & the Truth About Fukushima Daiichi nuclear power station

I have received a many requests about Japan and the Fukushima Daiichi nuclear power station disaster. I have many friends there and it deeply concerns me that the failure of the government to seal that site like the Russians did is threatening the world and Japan itself. The reports of radiation hitting the West Coast of […]

History Repeats – Even for Popes

It is being reported that millionaires are now starting to curb their donations to the Catholic Church because of the Pope’s Marxist views that are clearly anti Capitalism and freedom. Unfortunately, those in religion never understand that there is a difference between equal right and equal wealth. What Pope Francis has said is dead wrong, […]

The Coming 2014 Expropriation of 10% of Everyone’s Accounts

Anyone who thinks it is a fantasy that government will simply just confiscate 10% of everyone’s accounts in Europe better have another look at the fool they see in the mirror staring back at them. This IMF solution is traditionally French and is really coming because the people in charge are effectively Marxists and this […]

Long-term (decades) v Short-Term Investing

QUESTION: “If gold and silver are such a bad investment, why are there so many “we buy gold and silver” shops opening up in my town (Dallas, TX)? Shouldn’t they have gone out of business being on the wrong side of this trade?” ANSWER: No. That really has nothing to do with anything. Whatever they […]