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 […]

QUESTION: Is it now illegal to store cash and gold in a safety deposit box? ANSWER: They have not yet enacted an actual law prohibiting the storage of “money” in a safe deposit box. The problem is surfacing because of “interpretation” of laws with broad scopes. If you have $5,000 in cash in your pocket, […]

QUESTION: Mr. Armstrong, In your latest post you stated “they will seize all pension funds and 401Ks to absorb the debt.” Should those with 401k’s be looking to pay the fees and cash out? Thank you, ANSWER: The behind-the-scene discussions on this issue are real. However, it does not appear that this seizure will emerge until 2016 […]

QUESTION:  Mr. Armstrong, Thanks for your active blog…I feel that l am learning a lot but questions appear to be arriving as quick as answers! It seems to me that in order for gold to shine, capital must concentrate on the commodity. This, you have stated, will likely come after the Dow sees a phase transition – the […]

The Guardian has now revealed that the NSA paid millions of dollars to Microsoft, Google, Yahoo and Facebook to cover the cost of its illegal activity AFTER the courts ruled that what it was doing was unconstitutional and they could not separate domestic surveillance from pretended international. This all took place AFTER a court ruled that some […]

QUESTION: “Hi Mr. Armstrong, You mentioned before that real estate will decline from 2015.75 and will continue for over 10 years.  Do you still feel that way and why? Thanks,”   1933 Virginia Land Foreclosure Auction ANSWER: Real Estate is a strikingly different animal. The 30-year mortgage was created by FDR to try to restore the value […]