QUESTION: Mr. Armstrong, I just had to write in to say thank you for explaining that Bitcoin was just a trading asset, not some new currency that would replace the dollar. I understand that money must be elastic to grow with society in economic booms and population. I just read a quote reported by Bloomberg: […]

The Drug Enforcement Administration (DEA) has been criminalizing airline passengers since the Patriot Act gave them the permission to treat everyone as a suspected terrorist. The Justice Department has finally suspended the DEA from most passenger searches after an investigation revealed that the DEA was perhaps violating the Constitution with illegal and warrantless searches. A […]

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 have never heard of at that moment in time. The dollar is basking in […]

People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My […]

Kuwait has forced over one million citizens to hand over their biometric data in one of the most extreme pushes for digital ID. Kuwait introduced a national electronic ID (eID) that they say will assist with identification verification, digital signatures, E-government access, and the secure exchange of data. The deadline to file for this mandatory […]

I reported how the US deficit reached the third-highest on record after surpassing $1.83 trillion. Instead of questioning why the deficit rose 8% in a single year, the government believes that the taxpayers should simply pay MORE into the failing system. Treasury Secretary Janet Yellen declared that she is not concerned about the widening deficit. […]

“Neutral like Switzerland” can no longer be a saying as the Swiss government has announced it is joining the European Sky Shield Initiative (ESSI) to develop a shared missile defense system across Europe. Switzerland is neither an official member of the European Union nor a member of NATO. Yet, the nation forfeited its neutrality stance […]

QUESTION: With all the chaos on the war front, do you see oil ever making new highs? DD ANSWER: Just about all the key markets are showing important shifts in trend. Cash crude oil has important overhead resistance at the 8840 level in 2025. Next year is a Panic Cycle. We just have the world’s […]

I have said numerous times that your personal belongings are at risk in safety deposit boxes. The Fourth Amendment was intended to protect Americans from illegal search and seizures, but as we have seen in recent years, the government does not respect the Constitution or our freedoms. Governments will become increasingly tyrannical as we move […]

California Governor Gavin Newsom is intent on allowing migrants to vote. Newsom has signed legislation that completely prohibits local governments in California from requesting to see voter ID. Unfortunately, California is one of 14 states that will allow absolutely anyone to for the next President of the United States. None of the G7 nations permit […]