The number one currency in South America is US dollars. This is what people hoard and how they protect their wealth. The Venezuela currency is in Free Fall. The citizens are at last going to be able to open bank accounts in dollars.

Last night they lit the Rockefeller Christmas Tree. It is the one time NYC actually blossoms during the Christmas season. The first Christmas tree in NYC was actually erected in 1931 in the worst year of the Great Depression when just about all the foreign sovereign bonds defaulted on Americans causing massive bank failures. The […]

The Chinese yuan data is now in and the October numbers from the Swift system show that the yuan, which in January 2012 held only 1.89% of trade transactions, jumped to 8.66% surpassing the Euro, which has fallen to just 6.64% of Swift transactions. In January 2012, the Euro held 7.87% of Swift transactions. These […]

We have been asked about the recent expansion of China’s borders into the Sea just north of the Senkaku Islands. This is precisely on target for our Cycle of War model on China that was due to turn up in 2012 and has done so perfectly. We review this cycle in a Special Report on […]

http://deutsche-wirtschafts-nachrichten.de/2013/12/04/700-000-euro-schaden-bka-verhaftet-zwei-bitcoin-betrueger/

This is a special report that so many have been asking for as we head into this turning point in 2014. It is vital to understand this cycle and what it means for herein lies the fate of gold and the Dow Jones Industrials not to mention the Euro and European markets. This report covers […]

The Global Market Watch has been posted for the close of December 4th, 2013. https://www.armstrongeconomics.com/market-watch/

The bearish analysis in gold is building. This is good and very predictable. Gold has been the perfect hedge against making money. All the hate mail I have gotten since 2011 and the pretend analysis radio shows that only tout gold and refused to cover my views are revealing just how untrustworthy they have become. […]

QUESTION: Mr. Armstrong; I am a young entrepreneur recently introduced to your work through my father. You have significantly influenced our views on gold and inflation. My question is related to interest rates. Do you still believe the table is set for much higher rates in 2014 – 2015? Thank you for your insights, Ben. […]

This is a Ukrainian video that is on the corruption of the police and how they are the new “mafia” in Ukraine. This is one of the issues that is fueling discontent. We have two people from Ukraine doing work for Armstrong Economics including translating our services into Russian (see Glossary Russian) so we also […]