June 16, 2025 | Evaporating Silver

The world is riveted to middle-of-the-night images of Tel Aviv, as missiles rain down from the sky and buildings explode. This is horrifying in terms of human suffering. And it’s exhausting, watching humans find yet another reason to kill each other. But it’s validating for us cynical stackers, as all the silver in those missiles is […]

June 16, 2025 | Is the Goal an Iranian Regime Change?

Israel launched Operation Rising Lion on June 13, 2025, in an attempt to stop Israel’s nuclear and ballistic missile programs to “roll back the Iranian threat for Israel’s survival.” Mossad intelligence agents penetrated Iranian facilities with small explosive drones. Simultaneously, 200 Israeli fighter jets carried out precision strikes on over 100 targets. Over 20 senior […]

June 15, 2025 | The Investment Signal in the Noise

One cannot overstate the importance of Claude Shannon and his 1940s work on information theory at Bell Labs. It was foundational to modern telecommunications and electronics. We’ve seen constant improvement in our ability to communicate because we can separate the important information from the noise. Those of us of a certain age can remember trying […]

June 15, 2025 | Timing Signals

  In October 2023, I published this blog post. By studying the past, the chart signaled it was a good time to buy gold – which turned out to be true. It’s wise to use the same disciplined approach to investing in real estate – at least for me. In my May 2025 Timing Letter, I […]

June 15, 2025 | Wall Street Too Stupid to Worry

There were few headlines out of the Middle East over the weekend, mainly because only Israel and Iran are capable of judging the damage, and neither is saying much. Wall Street, on the other hand, seems quite confident that whatever is happening, and irrespective of the outcome, it will be quite bullish for stocks. As […]

June 15, 2025 | Is War a Contagion?

  Is War a Contagion? World War I is certainly a classic case of war emerging as a contagion. The assassination of Archduke Franz Ferdinand triggered a chain reaction of alliances pulling countries into the conflict. That seems like contagion through formal treaties. Yet, there is also the spread of revolutions. The American Revolution saw […]

June 15, 2025 | Goldman Sachs: Uranium’s Structural Deficit Makes the Miners a “Buy

As recently as 2023, nuclear power was seen as a fringe idea, and the uranium miners were on virtually no one’s radar screens. What a difference a couple of years can make. Nuclear is now leading the energy transition, and Wall Street is predicting a multi-decade boom for the miners. Consider this from Goldman Sachs: Is nuclear […]

June 14, 2025 | Trading Desk Notes for June 14, 2025

Israel attacked Iran – price action was subdued Nymex WTI futures spiked ~$10 on the news, to the highest prices since January, but closed the day (and the week) ~$5 below the highs. The setback from Friday’s highs may have been an excellent example of “buy the rumour, sell the news.” At Friday’s highs, WTI was up ~30% […]

June 14, 2025 | Martin Armstrong Interview with Daniel Estulin (English)



June 14, 2025 | Tech Talk for Saturday June 14th 2025

The Bottom Line Volatility spiked in U.S. equity markets on Friday mainly due to the increasing military conflict between Israel and Iran. The VIX Index moved above 20.

June 13, 2025 | Canada Doubles Down on Defense

Guest Post – Canada has long been under pressure from its NATO allies to meet the alliance’s military spending benchmark of 2% of GDP. For decades, Ottawa has lagged behind, spending roughly 1.45% of GDP on defense. But in a surprising move, Prime Minister Mark Carney announced that Canada will reach the 2% target this […]

June 13, 2025 | Market Pulse – June 13/25

Today’s market action was driven by the ’black swan’ event of Israel attacking Iran. The escalation follows years of mounting tensions, covert operations, and open threats between Israel and Iran, particularly over Iran’s nuclear ambitions and Israel’s repeated warnings that it would act to prevent Iran from acquiring nuclear weapons. Israel’s Operation Rising Lion, launched […]

June 13, 2025 | Israel Attacks Iran to Stop Trump?

QUESTION: Mr. Armstrong, either the world is using Socrates, or this is always one hell of a coincidence, which I do not believe. The defense stocks moved days before the Hamas attack. You projected that the war would start in Ukraine more than a year in advance. When are you going to come clean and […]

June 12, 2025 | The Precious Metals Bull Market Enters “Normal” Territory

The past few years have been great for gold but “meh” for silver and precious metals mining stocks. At one point in April, gold was 104 times more valuable than silver, an extreme reading for a ratio that normally tops out in the 80s or low 90s. As for the miners, as “leveraged bets on […]

June 12, 2025 | US to Take Ukraine off Payroll

While domestic small businesses suffered under Biden-Harris, Ukraine saw a boost in their small business thanks to billions in grants that were paid for by the US taxpayer. USAID subsidized Ukrainian businesses through co-investment programs, interest rate compensation on loans, cashback incentives for leading equipment, and direct financial support. All in all, USAID’s “Investment for […]

June 12, 2025 | Bitcoin Owners Hide Crypto Codes Etched on Metal Cards in 4 Continents

All the hype about cryptocurrencies being more secure than conventional currencies and banks. How safe, secure and practical does all of this sound? See, ‘Bitcoin Family’ hides crypto codes etched onto metal cards on four continents after recent kidnappings: The family’s new system involves splitting a single 24-word bitcoin seed phrase — the cryptographic key that […]

June 11, 2025 | 17 Year Cycle and Silver

June 11, 2025 | US Total Petroleum Stocks Rise 6.4 Mb Last Week. WTI Crude Prices Have Downside Risk Below US$60/b.

Summary: China and the US meeting in London has come out with an outline of a trade deal. This will leave US Tariff’s on China at 30% and China’s Tariffs on the US at 10%. The win for the US was that China would supply critical minerals (rare earths and specialized magnets needed for all […]

June 11, 2025 | World Bank Cuts Global Growth Outlook

The World Bank sharply cut its global economic growth forecast. It now projects the global economy to expand by 2.3% in 2025, down from an earlier forecast of 2.7% (below, courtesy of Bloomberg). This would mark the slowest rate of global growth, outside of a recession, since 2008. Growth is expected to recover modestly to […]

June 11, 2025 | Why Platinum Is In Our Portfolio

For most of the past couple of years, our gold, silver, and copper ETFs have done pretty well. But the lone platinum ETF in our Portfolio just sat there, hardly moving at all. Then, seemingly out of the blue, platinum’s price spiked, taking our ETF along for the ride: What Happened?   Several things combined to convert platinum from […]

June 10, 2025 | Wise To Be Wary

Worried about tariff-inspired inflation, the US Federal Reserve has held its overnight target rate steady at 4.25 to 4.5% since December, and markets have walked back easing expectations to just two 25 basis point cuts by year-end. At the same time, businesses are warning that constantly shifting trade policies are hindering their ability to plan […]

June 10, 2025 | The End of the Fiat Currency Experiment, in Seven Charts

Anyone with a grasp of human nature in 1971 would have understood that giving governments monetary printing presses untethered to anything real would produce a world awash in debt. And that’s exactly what we got: For a sense of the scale we’re now working with, consider the concept of “trillion”: A million seconds ago was May 23rd […]

June 10, 2025 | Every Single Democratic Governor Sided with the Professional Agitators

  “Every single Democratic governor agrees,” California Gov. Gavin Newsom posted on X along with a letter supporting the rioters. Every single Democrat received the memo that the plan to “fight Trump” entails permitting their minions to burn down another city. In addition to 4,000 National Guard troops, the White House has deployed a group […]

June 9, 2025 | State-Funded Chaos in California

   The Los Angeles riots exemplify the left’s ongoing approach to dissenting political policies—violence. Rioters are burning the city of Los Angeles to the ground, yet again, while Democrats clap and condemn the Trump Administration for causing the destruction. Dozens of innocent people have been injured. The financial toll of these riots has not […]