Blog

Will Store Gift Cards Become Cash?

QUESTION: Marty: In reading your blog about No Small Amount is Too Small, is it safe to say that the future of gift cards will be non-existent? Or will gift cards [...]

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The Hunt for Money – No Amount is Too Small

COMMENT: You may already know this but in case you don’t: this is a prime example of the ‘war on cash’.: Yesterday I walked into my sisters bank [...]

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Currency That Expires – That’s the Solution – Or Just Cancel it all?

Back during the Great Depression, there were people who theorized that gold hoarding was preventing an economic recovery. There is always this same theory that [...]

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Australia Wants Two-Year Prison Sentences for Paying More Than $10,000 in Cash

In Australia, they want to make it a criminal act with a penalty of 2 years in prison for purchasing anything with more than $10,000 in cash. Australia is really [...]

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UBS to Begin Charging Fees to Withdraw Cash

UBS will charge a 2 franc fee for withdrawing cash at the bank counter beginning in July, be it a withdrawal in CHF from a UBS private account or from a UBS current [...]

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The Risks of a Cashless Society

QUESTION: Hi Mr Armstrong, Thank you for continuous education. I hope to get your view on cashless societies. There are worries that nations will move to cashless [...]

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Canada sells off its Gold Reserves to the Retail Market

Canada has been selling off most of its remaining gold reserves to the general public. They have been selling gold coins and reaping better prices than dumping [...]

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Eliminating Currency = Communism

Columbia University Economist Joseph Stiglitz says that the United States should phase out currency and move towards a digital economy. All of these people [...]

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Government Requiring ID For Anyone Buying at Sotheby’s

As of January 1, 2017, you can no longer buy anything at Sotheby’s without proving who you are. I have bought many things from Sotheby’s over the past [...]

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Monetary Devaluations & Cancellations

QUESTION: Mr. Armstrong; What Modi has done here in India is far worse than what the press reports. I read your piece that this is part of a larger plan discussed [...]

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