Bureaucrats are the ones really behind the scenes that control the economic events. The idea that we actually have a democracy is truly just propaganda. A democracy is where you vote on each issue. Many states have such things in place at least partially as various propositions are submitted to the people in California. We […]

QUESTION:  Dear Martin, In your last post you say that sovereign debt crisis may be postponed for 8.6 years.  Would this delay the phase transition in the Dow and other US share markets.  Thank you for your posts, me and others I talk to read your blog everyday. Sincerely, JD ANSWER: Any postponement in the […]

QUESTION: Except in Switzerland, unemployment rate is at a low 3% despite the high costs. ANSWER: Why? Capital INFLOWS. Switzerland is the #1 place to live and it is outside of EU and USA. There is concern that so many Europeans are trying to get in and this drives up inflation because they increase the […]

QUESTION: “You have said in your blog that stocks and real estate (tangibles) are the place to be but you also mention deflation. … Can we really have inflating asset prices and deflation at the same time — or are you saying the deflation comes down the road,after 2015.75 (when we will pray for hyperinflation)? ANSWER: We are […]

Some readers have asked questions in regard to the popular conspiracy stuff about various notorious groups and why I disagree with such CONSPIRACY theories. My point is this. IF THEY WERE truly in control, they would NEVER have cared about me. When there is a crisis, I am the one that gets called in. WHY? […]

COMMENT: Hi Mr. Armstrong, I enjoy reading your blog everyday, and thank you for your thoughts and for sharing your expertise.  This article which just appeared on cbc.ca’s website is about how public pensions need to be reformed within the province of Alberta Canada, and how the union is against this.  Please refer to the […]

QUESTION:  Dear Mr. Armstrong- You seem to hint that Bernanke didn’t want rates to go up especially when there is a ceiling impasse. Yet, he talked about taper/untaper and torchured the market for 3 months to prepare investors for a smooth QE-reduction. Most investors I know were expecting a small taper that could have still been interpreted as […]

Treasury Secretary Jack Lew made the following statement during remarks today before the Economic Club of Washington D.C.: “[W]e are relying on investors from all over the world to continue to hold U.S. bonds.  Every Thursday, we roll-over approximately $100 billion in U.S. bills.  If U.S. bond holders decided that they wanted to be repaid […]

We cannot escape the fact that people have lost their faith in government. The latest polls show the approval rating of the US Congress has fallen to 11%. When the USA started bombing Libya, even support for Muammar Muhammad al-Gaddafi was at 85% and at its lowest point it was 15%. Today,  57% of voters not affiliated with either […]

Basis the cash, the SP500 has its first Weekly Bearish Reversal at 160450.When we look at this market, here too we see the biggest turning point ahead in January 2014. Here are the arrays people have been asking for. It looks like we will be able to start services perhaps by November 1st. We will […]