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 […]

Gold remains vulnerable to a collapse although not instantly. A monthly closing beneath 1532 will signal that a drop to the mid-1100 zone is likely. The Goldbugs have already been banning together to try to make sure no one listens to anything I have to say. They remain bent of BUY AND HOLD and are […]

The Japanese central bank announcement that it will buy about 13 trillion yen ($146 billion) in assets per month from January 2014 and set a 2 percent inflation target sounds nice, but it is more likely to stimulate a rise in interest rates than inflation. With the geopolitical concerns rising, Japanese are not confident about […]

The Feds have noticed the gold market and are requiring the tracking of all shipments. These regulations are clearly targeting the “underground” economy. The interesting aspect is there seems to be no such reporting regarding platinum. Coin Conventions have been cancelled in France. Even when I was there before Christmas, you could get 1,000 Swiss […]

The Economic Consequences of the Peace, by John Maynard Keynes THE ECONOMIC CONSEQUENCES OF THE PEACE   by   JOHN MAYNARD KEYNES, C.B. Fellow of King’s College, Cambridge   New York Harcourt, Brace and Howe 1920   PREFACE The writer of this book was temporarily attached to the British Treasury during the war and was […]

The desperate need for revenue is tearing the world economy apart. Just as during the Great Depression nations turned toward protectionism, the same trends are emerging throughout Europe and the United States. Most nations are now imposing stricter version of work permits and entry visa authorizations. Even Singapore altered its laws last April elimination the […]