Specific Model Applications What We Said October 16th, 1987 Timing on IMM British Pound Timing on CBT US Bond Timing on S&P 500 Futures Timing on Gold & Silver Cash Index Timing on CBT US Bond Futures Timing on Crude Oil Timing on Deutsche Mark

The Debt Crisis The Ultimate Defining Issue of American Politics There has been a lot of talk about bringing the deficit down. Clinton argued that issue in support of his massive $245 billion tax increase. While it is true that the deficit declined over the last two years, it is NOT true that this was […]

A Continued Era of Deflation or A Premature Expectation of Inflation? © Martin A. Armstrong Economists and analysts argue that double-digit inflation is something of the past – a freak of nature that took place during the Carter years of the mid-70s. On April 19th, 1993, Alan Greenspan (Chairman of the Federal Reserve) made a statement […]

Is Debt Inflationary? © Martin A. Armstrong   One of the ideas being kicked around in Germany is that of issuing debt to cover the costs of unification. The German government argues, as most other nations, that inflation will not emerge if the costs of unification are covered by new debt rather than the outright of […]

A Crisis in Democracy The Price of Intervention © Martin A. Armstrong Arthur William Edgar O’Shaughnessy once wrote in his classic Ode back in the 19th century… “We are the music-makers, And we are the dreamers of dreams, Wandering by lone sea breakers, And sitting by desolate streams; World-losers and world-forsakers, On whom the pale […]

How to Hedge Real Estate © Martin A. Armstrong Hedging real estate always offers a few new problems. Some will argue that buying gold will provide an adequate medium to hedge against a collapse in real estate. Such suggestions usually tend to draw on 1929 as an example. As usual, suggestions of this sort know a […]

Copyright Martin Armstrong All Rights Reserved April 17th, 2012 Happy Tax Day Welcome To America – The Land not of the Free – but of Economic Slaves I have been warning that as we approach 2016, government are so desperate for cash, they will destroy everything we once cherished about Democracy and Freedom. There is […]

Jean Baptiste Say 1767-1832 Jean Baptiste Say was a French economist who originally intended to pursue a business career. However, reading Smith’s Wealth of Nations inspired him to take up political economy. He taught at the Conservatoire des Arts et Meitiers, and the College de France. His most important works are Traite’ d’economique politique (1803) […]

The Communist Manifesto by Karl Marx and Frederik Engels Translated by Samuel Moore A spectre is haunting Europe- the spectre of Communism. All the powers of old Europe have entered into a holy alliance to exorcise this spectre: Pope and Czar, Metternich and Guizot, French Radicals and German police spies. Where is the party in […]

Monetary History of Russia The Russian Monetary System began also with cattle (skot) during the Kievan period. Skins of small animals and precious metals were used as fixed-value exchange rate based upon barter goods. Up until the end of the 12th century, cattle was the unit of account but commerce took place with the skins […]