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December 8, 2017 | Bitcoin Phase Transition or Plateau Move?

  Hackers have managed to get $70 million worth of Bitcoin, revealing the risk of all electronic forms of money to which cryptocurrencies are not exempt. The prices keep soaring and requests to add it to Socrates have been coming in so we are complying. With the futures about to begin, this should make it a […]

December 7, 2017 | Trump & Taxes

QUESTION: Do you support Trump increasing the debt by a trillion dollars? I thought you were conservative? PY ANSWER: Well the first thing you have to do is get a grip on what is a reality. Governments around the globe borrow every single year with absolutely no intention of ever paying off their national debts. […]

December 6, 2017 | How China will Surpass the West

QUESTION: Marty I just finished watching “The Forecaster” and I am impressed that you survived what the government did to you. As a former Green Beret from back in the day, I can appreciate what you endured more than most, my hats off to you. All I can add is I hope to hell that no […]

December 5, 2017 | Bitcoin to be Declared a Financial Institution — Beware!

The risk with Bitcoin is that the government could simply change the definition of money. That is what they did to me back in 1980 because I was one of the three main market-makers in gold (perhaps the biggest). It was all a hunt for taxes, not concerning me but my clients. I have explained […]

December 4, 2017 | The Trump Tax Cut, the Pass-Through, & Multinationals

The Trump Tax Reform is a very major deal. There are seven brackets in today’s individual tax code. The Senate version of the Trump Reform is not a windfall for the rich lowering their bracket from 39.6% to just 38.5%. The seven tax brackets currently are: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. Changes […]

December 3, 2017 | Is Cryptocurrency a Government Plot?

  QUESTION: You have said that the future will be cryptocurrencies. The Bank of Canada has come out and acknowledged what you have been saying that such private issue challenges the government’s profit structure. Do you think electronic money will be viable sooner or later down the road? PG ANSWER: Electronic currency is ALREADY the bulk of […]

December 1, 2017 | Soros Throws in the Towel

COMMENT: Marty; You have beaten Soros. Don’t know if you have seen this, but they now report “George Soros finishes his crash bets against the US stock market. The investor legend seems to have lost its way and acts with little fortune. Now he has to reveal himself.” PC   REPLY: Interesting. Soros became famous with the […]

November 30, 2017 | High-End Real Estate Starting to Enter Crash Mode

The high-end market in Connecticut is starting to decline. The hedge fund manager Stanley Druckenmiller bought his estate in 2004 for $23 million. He had it on the market for $31.5 million. The best offer he got was $25 million. He took the money and ran. Smart move! With a real estate tax of about $154,000 annually, looks […]

November 29, 2017 | AI v Self-Aware

  QUESTION: Mr. Armstrong; I heard you will be the keynote speaker at the Hack-Miami Programmer’s conference in 2018. Can I ask a question given your expertise in AI. What is your opinion of Sophia? Is this really AI warranting that she was granted citizenship in Saudi Arabia? See you in Miami HPK ANSWER: Sophia is a […]

November 27, 2017 | Renminbi v the Dollar

The dollar haters have been touting that the Chinese yuan, or otherwise known as the renminbi, would kill the dollar and gold will soar. I have warned that China will take the spotlight as the Financial Capital of the World once again but only after 2032. A real assessment of international capital flows reveals the truth. The […]

November 26, 2017 | Hillary Calls Trump Administration a Dictatorship if She is Investigated

  The Washington Post has no problem with a Special Prosecutor investigating Trump and any attempt to stop that would be a crime known as Obstruction of Justice. Yet, when it comes to Hillary, they do a backflip and have the audacity to write: “The Justice Department’s declaration that Attorney General Jeff Sessions is considering appointing a special counsel […]

November 24, 2017 | ECM Turning Point this Weekend

  The Turning Point on the ECM is this weekend. We do happen to have a Directional Change next week in the Dow with the next turning point due the week of 12/04 and that is followed by the week of 12/18. What is most curious, is the fact that the Dow, Euro, Gold, and […]

November 23, 2017 | German Property Market – A Real Estate Bubble?

Asking €747,000 QUESTION: Possible Correlation with ECM-peak in Nov. 2017? Mr. Armstrong, just today I became aware of your story and your life’s work. Your theory is captivating, especially in the light of a series of unsettling changes in my work environment. All of this near Nov. 24-25, a predicted turning point within your ECM forecast. […]

November 22, 2017 | The Political Crisis in Germany Changes the Game

Merkel faces the worst crisis of her career and many behind the curtain are starting to wonder if she will even survive. The German Federal President Steinmeier could not actually order new elections immediately. The procedure in this regard is quite complicated in Germany. The earliest possible alternative would be to hold new elections come […]

November 21, 2017 | The Approaching Famine

The most serious forecast that we see from our computer models has been a rise in agricultural prices caused by Global Cooling – not Global Warming. Crops cannot grow without the sun and water. Historically, when the weather turns cold, the crops fail. There is no question that food prices will rise during periods of […]

November 20, 2017 | ECB & the Coming Banking Crisis

  QUESTION: Mr. Armstrong; Your post of November 16th where you state that the ECB is looking to freeze accounts in a banking crisis, does that mean they will no longer honour the claimed insurance of €100,000 per account? PH ANSWER: No. They will not pretend to eliminate that insurance, they just will “suspend” it […]

November 19, 2017 | The Dow v S&P500 v NASDAQ – What’s the Difference?

QUESTION: Dear Mr. Armstrong Why do you always use the Dow Jones Index? It seems to have the least logical construction of the major indices. Why not use the S&P500? Many thanks for your informative and thought-provoking blog, G ANSWER: Each index offers a completely different perspective. The Dow Jones Industrials is the “big” money. […]

November 18, 2017 | Lithium – The New White Gold

Lithium is known and “white gold” since electric cars require a lot of batteries. This has resulted in transforming the metal into a valuable and sought-after commodity. The demand keeps rising as there is a need for energy storage that can only be produced if lithium is available in sufficient quantities. The price has soared from $1,550 […]

November 17, 2017 | Is the Dollar Really a Petrodollar anymore?

QUESTION: Mr. Armstrong; I want to thank you so much for shedding light on what can only be deranged forecasts on the dollar and gold and never change regardless of how much money they lose people year after year. I received this email with the headline How Much Longer Can the Petrodollar Survive? They claim that now […]

November 16, 2017 | Ethereum Cryptocurrency – Almost $400 Million Vanishes

Thanks to a string of screw-ups and bugs, an unsuspecting developer recently took possession of an estimated $US390 million worth of the Ethereum cryptocurrency by accident. In an attempt to give back the money, however, the guy ended up locking up the funds permanently. Essentially, the money has just evaporated. It turns out that hackers started […]

November 14, 2017 | China Open Gold Trade in Yuan as Proxy for the Yuan

China keeps moving gradually to open up their economy to international forces. The People’s Republic of China has expanded the trade in gold in yuan and thus the internationalization of the national currency is moving closer. Gold merchants from the industrial metropolis of Shenzhen have been trading their yuan gold at the Hong Kong Stock Exchange […]

November 13, 2017 | European Banking Crisis

  There is intense resistance building against the stricter new rules on bad loans among the European banks. This will hit Italy hard and may push off the edge more than one Italian bank. With the elections coming next year in Italy, the banking rules may be the straw that breaks the back. The background […]

November 12, 2017 | Iraq & Hunt for Taxes from American Contractors

Iraq has been accused of employing strong-arm tactics to make American military contractors operating in Iraq to pay exorbitant income taxes. They are running to Trump complaining that this is hampering the fight against Islamic State extremists – of course. The Iraq government is demanding millions of dollars in taxes that these contractors earn providing […]

November 10, 2017 | Interest Rates will Double

QUESTION: Mr. Armstrong; Thank you for an excellent conference. I have been attending since 2011. Each time you deliver a different conference and they are always better than the last. I could not help to notice on Zero Hedge they ran a piece about a Harvard University’s visiting scholar at the Bank of England who claims: “We […]

November 9, 2017 | Iran & War

  Iran has a very rich history that lends itself to tremendous insight into the long-term future of the Middle East. It was Cyrus the Great who conquered Lydia which was the birthplace of money issued by the state. The Persians adopted the practice and then continued to produce coins with the same design as […]

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