The NSA has been spying on people who play war games on XBox under the theory perhaps some Islamic Terrorist might do so. The NSA has now been reported that actually nothing from any leaked files suggests that they have caught any terrorists. In fact, they have so may spy teams looking at everyone, one NSA […]

QUESTION: Mr. Armstrong. Does deflation  accompany hoarding of cash and the velocity you speak of declines? Is this the trait that you write about and part of the reason gold has declined? ANSWER: People simply save money in times of uncertainty. This is one aspect we have to watch with the turning up of the […]

In 1797, after a failed French invasion in Wales had caused a financial panic, the British government suspended the metallic convertibility of the banknotes of the Bank of England. The decision taken by the Prime Minister, William Pitt the younger, caused the longest suspension of the gold standard in the UK until its demise in […]

There were two taxes that altered how people lived. There was the Window Tax that inspired row homes in Colonial America. That simply became the standard and long after the tax was gone, row homes became the norm. Row Homes eliminated the need for windows on two sides of the house. You will also see […]

  James Otis (1725-1783) President Obama is supposed to be a Constitutional Lawyer. It is sad he clearly has no respect for the Constitution whatsoever. John Adams, Second President, listened to the 4 hour speech of the defense lawyer James Otis (1725-1783) who argued against the king’s Writs of Assistance in February 1761 that allowed the […]

The Global Market Watch has been posted for the close of December 6th, 2013. https://www.armstrongeconomics.com/market-watch/

John Thornton, ex- Goldman Sachs banker who next year takes over the helm at Barrick Gold, the world’s top gold miner, has suggested that hedging may once again be appropriate. We use to assist mines in hedging. Outsourcing hedging is not really done other than to hand the reins of power to a bank who […]

QUESTION: Mr. Armstrong; Are you also going to update your report on weather, earthquakes, and plagues? I think the last time you did that was for the 1985 Conference. I do not recall the target, but I think it was 2020 on the plagues. Is that correct? I cannot find my materials. ANSWER: We do […]

The Global Market Watch has been posted for the close of December 5th, 2013. https://www.armstrongeconomics.com/market-watch/

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