Italy has plunged into the political incapacity for over the weekend Silvio Berlusconi,split his own party. Thus, the government Enrico Letta is actually left completely incapacitated for he does not even know who the opposition is any more. Unemployment among the youth in Italy is 40%+. The EU Commission will not even allow any democratic process to […]

Thank you so much for your protection Dodd Frank – you are so thoughtful. As of October 28th, 2013, you cannot wire money out of the USA any more. God forbid, there may be some terrorist with a camel pretending to be your aunt Sadie who will intercept that wire and blow up some ladies […]

From JP Morgan: Due “to the new regulatory requirements you can no longer send foreign currency/foreign wires out of an individual brokerage account. Therefore, we will no longer be able to facilitate this for you unless the account is in entity name. This is all governed under the REG E (Dodd Frank) if you have […]

NSA has now been caught tapping all phone calls in Spain. According to BBC, they monitor 60 million Spanish phone calls per month. On top of that, it has also been revealed that Japan rejected the NSA tapping into the Asian-Pacific cables. These people are taking absolutely every phone call in the entire world. To […]

The Dow Jones closed last week above 15438 settling at 15570 but not yet above 15679. This suggests we should press a bit higher, but we are not in take-off mode just yet. Nevertheless, we should press high into this week where we may see the intraday high or the highest weekly closing.  

The death of Navy Seal Team Six is being called another conspiracy blamed on Joe Biden for even blabbing who killed bin Laden as pointed out by the Washington Times. Congress was to begin an investigation, according to The Hill, but the lack of faith in government has led to the accusations that they were […]

QUESTION: Mr Armstrong, Thanks for sharing your knowledge of Ancient Coinage. The Eastern Roman or Byzantine Empire lasted for over a thousand years and is fabled for its immense wealth. Was the Byzantine Empire more successful in its currency management than the Western Roman Empire? JR ANSWER: Actually no. The split between East and West came AFTER […]

QUESTION: I have read the following statement  & wish to corroborate it as fact from you, whom I consider best informed: “ Today the two largest holders of US Treasury debt are not investors or even foreign central banks. The two largest holders are the Federal Reserve and the Social Security Trust Fund. “ Is […]

Here we go with Feinstein wanting to imprison anyone who dares criticizes her NSA. Will this be used as justification to invade Europe now? It would be a major understatement to say that the NSA had a bad week and Feinstein stuck her insane rantings square in the middle of this insane nonsense. First came the […]

QUESTION: Also as you mentioned many times japan being in a 23-26 year Depression is this sequence  also a Bear Market Count ? Your Inside is much appreciated. Don’t worry about the Hate Mails..Been in Retail Finance and experienced the same in the early 80’s. People hated you just to mention Gold was going down. […]