ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
February 21, 2019 | The Pension Crisis is Starting to Explode
At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the annual poverty line. It also reflects something that most people are unaware of — in Illinois, there are more than 19,000 retired teachers who get OVER $100,000 per year in […]
February 19, 2019 | The Rising Political Violence
The Make America Great Again was actually a slogan used by Ronald Reagan who became one of the more popular presidents in postwar history. A Tennessee man is in jail after being accused of pulling a gun on a Sam’s Club customer Saturday 16th of February because he was wearing one of these hats. The […]
February 18, 2019 | Explaining the Fall of Western Society As We Know It
QUESTION: Western Civilization will collapse by 2032. I didn’t expect such a strong comment from you. Specifically, what does this mean? On the level of ancient Rome? Followed by the dark ages or just mediocrity and the rise of the East? GVH ANSWER: There is a serious risk that after 2032, this will be very […]
February 17, 2019 | Karl Marx’s Grave Vandalized – Is this the Cyclical Turning Point from the 1848 Revolutions?
Karl Marx’s grave was selectively vandalized. Someone used a hammer to deface the monument. No other graves were attacked so it is clear this was a politically motivated incident in line with the rising economic tensions between the left and the right. The tomb of Karl Marx is located in London’s Highgate Cemetery. Marx had been […]
February 16, 2019 | The Netflix Tax
I have warned that once one state taxes something, the idea spreads like a contagion. Illinois and California wanted to tax movies or anything you stream. Now, Georgia is looking at the same thing. This is all part of the economic decline. The states are broke. Their pensions are consuming everything. It is no longer about […]
February 15, 2019 | Is a U.S. Bank in the EU is Still Under ECB Rules? Why Do Central Banks Still Have Gold?
QUESTION: Dear Mr. Armstrong, I would first like to thank you for all the information you are making available publicly. I have two questions to pose, if you deem them relevant to the present state of affairs. 1) What is the difference for an EU citizen of having deposits with an US bank and with […]
February 14, 2019 | Al Gore’s Global Warming Deliberate Fraud to Increase Governmental Power
There is a serious question that no one wants to address. How did Al Gore create the global warming scare and earn hundreds of millions of dollars in the process? Before Al Gore, science was worried deeply about what we are experiencing today — global cooling. On April 28, 1975, Newsweek magazine published an article in […]
February 13, 2019 | Farmers Going Bankrupt – A Prelude to a Boom?
Part of the cycle for a commodity boom is typically preceded by a commodity depression in which the productive capacity is reduced. We are witnessing that in the agricultural sector. Additionally, extremely cold weather continues. Bankruptcies in the farming sector have been on the rise since 2014. These are the pre-staged events that are required to […]
February 12, 2019 | The Insane Surveillance of your iPhone that Exposes You To Massive Risks
There is a new and very serious data scandal rising up with iPhones that Apple is being asked to shutdown. There are a number of major companies who are now secretly recording your every move on their iPhone apps without your permission or even your knowledge. They are actually recording every keystroke you make. The list of […]
February 11, 2019 | The European Crisis of Philosophy is the Destruction of the European Union
The entire project of creating the Euro was a means to allow Northern Europe to effectively takeover Southern Europe and impose its philosophy in a totally one-sided arrangement. I have stated plenty of times that all the debts of member states should have been consolidated into the central Euro debt and thereafter each state would […]
February 10, 2019 | Civil Asset Forfeiture Can Be Lethal – Death by Police is Rising When they Enter the Wrong Home
The end of the Venetian Empire, otherwise known as the Republic of Venice, traditionally was a sovereign state and maritime republic in northeastern Italy, which existed for over a millennium between the 7th century and the 18th century from 697 AD until 1797 AD. As is the case with ALL Republics as we have today, […]
February 8, 2019 | So When Will the Yellow Vest Movement Take Hold in the USA?
The Yellow Vest anti-government movement (#YellowVests, #GiletsJaunes) began in France on November 17, 2018, when over 300,000 people across France protested a carbon tax on fuel. President Emmanuel Macron claimed the French were leading the world in the battle against climate change. The Yellow Vest protests evolved rapidly into an all-out general anti-government movement that was […]
February 7, 2019 | Will Russia’s Economy Exceed Germany’s Anytime Soon?
QUESTION: Mr. Armstrong; Standard Chartered has forecast that Russia will overtake Germany as the world’s fifth largest economy, possibly as early as next year in 2020. Would you care to comment if that is possible? GP ANSWER: It is clear that Russia’s economy is not impacted by the stupid US sanctions for going into Ukraine. Historically, Kiev was […]
February 6, 2019 | LIBOR v SOFR
QUESTION:Dear Martin: Do you have any concerns for the equity markets from the upcoming conversion from Libor to SOFR (the secured overnight financing rate). A recent article from Business Insider highlighted the following: “Libor, linked to about $350 trillion worth of financial products, will be replaced by an alternate pricing benchmark for everything from mortgages […]
February 5, 2019 | Is the Democratic Socialist Party Going After Corporations?
Corporate America will suddenly discover that the Democrats are moving substantially to the left and will do whatever they can to further that goal. The Democrats are becoming the new party of anti-corporation/business. They embrace the misguided ideas of Alexandria Ocasio-Cortez who has been joined by Bernie Sanders and Elizabeth Warren. This new agenda is […]
February 4, 2019 | UN Admits Paris Accord Will Never Work
The latest on the global warming front is a UN report on the “emissions gap” that admits the Paris Accord would never work. The UN has admitted that the environmentalists have made dire forecasts that assumed whatever trend was in motion would remain in motion. They ignored all other evidence and cycles. Even if every […]
February 1, 2019 | Italy Falls into Recession
QUESTION: It is official. Italy is now in recession. Obviously, the Fed is looking outside its own economy. Your Economic Confidence Model is remarkable. I have been following you now for more than 10 years. It has always been correct. Why does the economic community and governments pretend you cannot forecast the economy? You have proven […]
January 31, 2019 | Economic & Real Estate Bubbles
QUESTION: I work in the construction industry in Phoenix Arizona and there has been a boom in new construction for apartments, condos massive housing tracts and all of the retail that follows this. When I read about your worldwide property crash forecast the economic forecast for growth in our market is that that there is […]
January 30, 2019 | When is Printing Money Deflationary rather than Inflationary
QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas City to justify unlimited deficit spending of the US Govt. OK as the Govt. can finance its deficits by unlimited currency printing. Would you please comment. Thanks and […]
January 29, 2019 | Climate Change & Commodities
QUESTION: Mr. Armstrong; I love the fact that you look at everything from a pure cyclical perspective. Al Gore who started this whole mess was not a climatologist. He was a politician. You are 100% correct that people will believe what they want to believe. There is no talking to one of this idiots. When […]
January 28, 2019 | Internal Migration – The Cycle or City States
There is an interesting book entitled The Chinese Exodus. This work explores the sociological and theological discussion going on concerning China’s internal migration since the marketization reform in 1978. While the book documents the social and political processes impacting the experiences of internal migrants from the countryside to the city within China, the attempt […]
January 27, 2019 | We are All Connected & for an End Game Purpose
COMMENT: Dear Mr. Armstrong, I’m reading your blog for 10 years, every single day, first thing in the morning. It changed me and my views on events in pretty much everything. I want to say a heartfelt THANK YOU for your titanic work, that you made available to people around the world, changing them for […]
January 26, 2019 | Trump & Reopening Government for 3 Weeks
It is interesting to watch how the press spins the fact that Trump has agreed to fund the government for three weeks. Our computer strangely was picking the week of February 11th the first week of January. I was wondering what possible event will surface for that target. Now we have it. How does the […]
January 25, 2019 | Forecasting & Political Correctness
COMMENT: Good day; The great public pension fraud here in Ontario, Canada allowed the public service unions to endorse Liberal candidates who would give them their 3% raises every contract. This gave them an 18% head start (the number of public sector employees) to win an election that only required 34% to gain power. The percentage […]
January 23, 2019 | The Clash Between Normal People & The Global Warming Crowd – Green Extremist Overlords
There is an undertone lurking behind the rise of Donald Trump in the US, the Brexiteers in the UK, Marine Le Pen in France, political re-alignments in Denmark, and the election of Jair Bolsonaro in Brazil. Additionally, there is the change in governments in Mexico, Malaysia, and the civil unrest in Romania. They are all joined […]