QUESTION: Mr. Armstrong; some people say you are wrong because the Fed did not create “cash,” but rather made more debt available through the QE process and whether people hoard money is irrelevant. I do not agree with this statement for the Fed clearly bought bonds, they did not create debt. It seems some people have […]

Our writings on the end of cash were picked up in one of the last really independent newspapers in Germany: the Fuldaer Zeitung. Slowly, the word is getting out. The more people understand the trend, the greater the chances we can push the tree in the right direction when it falls. 20160223-TZ- – Fuldaer Zeitung […]

Well, Monopoly is going cashless. It looks like the game company sees the writing on the wall and are preparing the kids for the new world order — a cashless society.

QUESTION: Hello Mr. Armstrong, I read your blog every day. Thank you but i’m having trouble figuring out where to place my money moving forward. Cash, the markets, the banks, gold…. It feels like you are saying cash is the place to be right now but maybe i have a difficult time comprehending all that […]

The German people do not have to worry about their taxes rising because of the Greeks; the refugees are whom they should worry about. Now the German government is joining the rest of the crowd and preparing to move electronic. They will look at introducing a limit of €5,000 euros on any cash transaction to combat money laundering […]

  QUESTION: Martin, An all electronic currency seems almost inevitable to some, however as you have stated in the past not everyone ha the ability/facility to transact solely electronically. With cash being anything which is agreed the most marketable asset, wouldn’t the people of Europe just transact in another form of cash (USD, gold, silver […]

QUESTION: Mr. Armstrong; What happens to paper money when the government moves electronic? Is it just cancelled? Does cash then become worthless? Thanks RD ANSWER: It appears that electronic currency will first arrive in Europe. The cash will be demonetized, so yes, it will become worthless. However, they will most likely give you a time […]

Denmark has been fighting against the EU trend of accepting unlimited amounts of refugees. This has been rising for behind the curtain there is now evidence emerging that ISIS has the ability to counterfeit Syrian passports. Denmark took an advertisement out in Lebanese newspapers to warn that those who are even thinking about seeking asylum in Europe […]

During a standard check at Lamezia Terme in Calabria, Italy, rapper Snoop Dog was found to be in possession of $422,820 in U.S. cash, a police source told CNN. Italian Finance Police seized $205,933 and it is unclear whether the rapper can appeal to get those funds back. The maximum amount of cash that passengers […]

The Reserve Bank of New Zealand revealed new $5 and $10 notes. However, Reserve Bank deputy governor Geoff Bascand was asked directly if the redesigns could be the last. He responded by saying, “It is possible. People are speculating and talking about becoming a cashless society, but we haven’t seen it yet.”