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Value of a Currency

QUESTION: Hi Mr. Armstrong, You have said that money is not gold, or silver, or oil, or fiat currency, but rather represents the collective elbow grease and [...]

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The International Unit of Account

QUESTION: I only recently learned of your material and am still digesting it. I appreciate that you encourage critical thinking. I hope you find my questions of the [...]

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Are Two-Tier Monetary Systems a Possible Tool?

QUESTION: Mr. Armstrong; It seems few people even understand that there have been two-tier monetary systems. Do you think this can be a possible tool in the [...]

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Trump & China Trade Deal – Cyclically On Target? When Mexican Coins Traded at a Premium to America’s

QUESTION: Marty; Are there any cycles dealing with the trade dispute with China that are relevant? OP ANSWER: Actually, yes. The United States created a two-tier [...]

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Why Was the 1933 Confiscation of Gold A “Good Thing”?

QUESTION: Why was the confiscation of gold by FDR in 1933 a good thing? ED ANSWER: What you have to understand is that Franklin Delano Roosevelt’s (FDR) actions [...]

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