The Austrian National Bank has started an information campaign to support cash. It remains to be seen whether it is on a collision course with the ECB. There will be rising resistance to this scheme to eliminate paper money and force everyone into a digital currency. I would expect you will see the same resistance rise […]

ASIA: Asian economies – including India, China, Singapore and Indonesia – are set to brush aside the COVID-19 pandemic’s impact and would enter the ‘Goldilocks’ phase in 2021, as per a Morgan Stanley research. Goldilocks economy — not too much deflation, not too much inflation — sustains moderate economic growth. In other words, that is […]

QUESTION #1: Mr. Armstrong; I have been following you for some time and recently subscribed to Socrates. I have a question as a small player in the huge world of investment and finance. It looks like digital currency is coming soon. How do you think it would be implemented such as a phase-in or dropping […]

ASIA: President Xi Jinping would like to poise China as the new financial capital of the world as the Western economy continues to decline. President Xi said that China’s “resilience and vitality” will help maintain its “super-sized” economy. In what some saw as a swipe at US President Trump’s “America First” policy, Xi touted China’s […]

Heather Mac Donald appeared on FOX News with Tucker and the story was about how Alexandria Ocasio-Cortez (AOC) accused the House speaker of targeting elected women of color. The left is turning on the left, as they always do. AOC and her leftist groups provided a 7-page manifesto telling Biden to use executive orders and […]

QUESTION: Will debt forgiveness only be for government entities at all levels or will it include private businesses and private citizens as well?  If it will be for all, then why not go out now, take out a loan, buy something (i.e. car) with the loan, sit back and wait for the debt to be […]

First, San Francisco just banned Natural Gas in any new buildings, requiring them to rely on the electric grid instead. The city’s board of supervisors unanimously approved the ordinance which will apply to more than 54,000 homes and 32 million square feet of business space that was approved for construction. They do not have the […]

  A ton of emails are coming in from holding dollars by Europeans to is it time to move assets to China. As long as Trump does not concede which is really a surrender in military terms which this transition of power really is based upon, then the game is still afoot. The object is […]

The problem we will face if Biden wins is that the Democrats are hell-bent on not just raising taxes, but demonetizing the dollar to end hoarding of cash, which is what other countries are demanding behind closed doors. Wall Street backed Biden, not Trump, as they did with Hillary. This was the most expensive election […]

COMMENT #1: Marty, Does this all mean that this takeover can make the canceling of physical USD possible, maybe as soon as January to line up with Europe? Previously you responded to my email question on a digital dollar and said that they couldn’t do that since over 70% of cash was held overseas. Can this […]