We still see unemployment rising. The primary trend is the state and local government cannot print money and are the major source from which jobs will vanish. Of course there is the natural evolution of changes within the economy as it continues to evolve. That means there is some reduction in jobs due to the […]

Lawyers outside the USA handling Americans who live outside the country, amounting to 33% of the population of Canada, are reporting massive lines to resign their citizenship. One Swiss married to an American woman for 20 years, took their son to the local bank at age 14 to open his first account. They rejected him […]

470 F.3d 89 Martin A. ARMSTRONG, Petitioner-Appellant, v. Joseph R. GUCCIONE, United States Marshal for the Southern District of New York, and Marvin D. Morrison, Warden, Metropolitan Correctional Center, Respondents-Appellees, Alan M. Cohen, Intervenor Receiver-Appellee. Docket No. 04-5448-PR(L). Docket No. 05-0280-PR(CON). United States Court of Appeals, Second Circuit. Argued: January 24, 2006. Decided: November 27, […]

Refunding Certificate 1879 – Was a circulating bond. Due to an act of Congress in 1879 the Refunding Certificate was issued. The goal was to make government securities accessible to the public. The denomination was smallish at $10.00, putting the certificate within reach of most anyone. Refunding Certificates were to accrue interest at 4% per year indefinitely. In 1907 Congress passed a bill […]

  Aes Rude – Earliest form of Roman money whereby lumps of bronze traded by weight due to its utility value to be used to weapons or tools. Aes Grave – Early Roman bronze coinage that was cast into standardized coins with a recognizable image. Aes Signatum – Broze Ingots with an idealized intended weight […]

Martin, I laughed when I heard they were going to let the Bush Tax Cuts expire. I SAW the 2% decrease in my pay. I now bring home @$200 less per month than I did in Decembere. So what does that mean to me … 1) I am getting rid of Sirius XM Radio (@$200/yr) […]

If anyone thinks that the Fed does not know in advance what is happening with the numbers, well you must be from another planet. Just hours after the Commerce Department reported that there was the first decline in quarterly GDP in 3-1/2 years, the Federal Reserve announced it was maintaining its policy of near-zero interest […]

Can the World Really Abandon the Dollar As A Reserve Currency? By Martin Armstrong Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may […]

There are two distinct trends that we have to divide and conquer to fully understand what we are dealing with (1) Parking capital and (2) Investing Capital The motives behind each are totally different and this goes in part to also the question of the “reserve” status of the dollar. There is the dollar as […]

Sovereign Debt Crisis Conference Saturday March 16th, 2013 Le Meridien Hotel Philadelphia Many readers who are not “traders” would like a conference outlining the real Sovereign Debt Crisis, how do we survive such an event based upon past experiences, and what are the implications going forward? We will be reviewing the debt levels of all […]