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October 7, 2013
The definition of real insanity is sticking your finger in the same light socket over and over again, yet expecting a different result. This is what we do with each and every crisis. There is some investigation and political pronouncements, yet NOBODY ever asks has ANYONE ever tried this before and did it work? As […]
October 7, 2013
QUESTION: “Mr. Armstrong: I am surprised there has been no discussion about the recent weather pattern and storms throughout the country. Your prediction of severe storms in the fall based on May being the coldest in recent history was right on.” Best Regards, R C ANSWER: We will be trying to incorporate another forecasting service […]
October 7, 2013
QUESTION: Do you believe that the Club you have written about since your piece Behind the Curtain published several years ago is in control of markets rather than the popular conspiracy groups? ANSWER: Actually nobody is in control. If they were, we would not have these contractions since Long-Term Capital Management in 1998 where these […]
October 7, 2013
In Britain, there has been the private ongoing scandal how insurance companies sell annuities and have been cheating their clients who have counted on these products for their pensions. The entire pension crisis is going to be earth shattering to say the least and far more devastating than the mortgage crisis. Instead of investors and […]
October 6, 2013
My father was a lawyer. I studied law. When you do, you are not taught how to OBEY the law, but really how to GET AROUND IT without violating the “letter of the law”. The reason I am being hard on lawyers here is simple. They are trained in the law and assume if […]
October 6, 2013
The crisis we face in Pension is indicative of the entire problem with Socialism – it just does not work. What is unfolding now is quite simple. Pensions present a very tempting source of funds for cash-strapped governments who desperately need to fill in holes in their overall budgets, Governments have borrowed every year with no […]
October 6, 2013
The Political Dysfunction in Washington that has raised the possibility of the once unthinkable: a default on US debt that could potentially trigger financial and economic mayhem as they are claiming, is reflecting the real issues where a new breed of people are refusing to go along with business as usual. So Political Dysfunction may be […]
October 4, 2013
QUESTION: Some analysts “expect that the u.s. treasury will keep interest rates low for many years. they quote japan`s so-called “lost decade” as a precendant and appear to expect that such artificial supression will in fact work ( obviously against what you consider “market forces”). which poses the question: does japan`s “lost decade” conform to the ECM […]
October 4, 2013
I have been warning that there has been a “Club” that has been targeting market after market to make a quick buck. The LIBOR Scandal has caused the tide to turn as well as having to bail out the banks in 2008 that has fundamentally altered the course of everything. Now the Swiss regulators said […]
October 4, 2013
The feeling in Europe is growing darker by the day. Even the central bankers have been moving into the Australian and Canadian dollars as reserves shunning away from the Euro. Behind the curtain, central bankers are running away from the Euro after the German elections. The rising debt in Europe is out of control and […]