Strong Dollar Could Cause Bond Market Crash-Martin Armstrong
By Greg Hunter’s USAWatchdog.com
Renowned financial expert Martin Armstrong says the biggest risk out there is the effect a strong U.S. dollar has on the global bond market. Armstrong explains, “There’s these people who keep saying the dollar is going to crash. If the dollar crashes, the world is happier and basically celebrating. You have half the U.S. debt equivalent in emerging market debt issued in dollars. If the dollar goes up, they are in trouble. Then you are going to see sovereign defaults. . . . The U.S. is not going to default, but as you start defaults elsewhere outside the country, it makes people begin to get concerned about sovereign debt. Sovereign debt is the worst of all. It’s not secured. If the U.S. government defaulted on its debt, what would happen? You cannot go down to the National Gallery and start lifting Picassos.”
So, a bond market crash is a distinct possibility? Armstrong says, “Yes. All these things are contagions. . . . The real risk is coming from Europe and Asia. That is the real risk. . . . There is no place to go but the dollar at this point.”
If and when a global collapse comes, it will come from China or Europe. Armstrong says, “Yes, because you don’t collapse the core economy. It’s always the peripheral coming in. It was the same thing in the Great Depression. It wasn’t the fact that the U.S. defaulted. The problem was the first bank that went down was in Austria, and it happened to be owned in part by the Rothschilds. When people hear a bank owned by the Rothschilds went down, people started to sell off all other banks. Then all the countries defaulted.”
Armstrong says there is going to be a major “monetary reform” in the not so distant future, and the U.S. will end up with a dollar for domestic use and a dollar used for international trade, sort of like a “domestic dollar” and an “international trade dollar.” Armstrong says, “Yes. All it is doing is replacing the dollar as the reserve currency. That would satisfy China and Russia, and it would simply be maintained by an international board. I strongly advise against the IMF. It’s way, way too corrupt.”
So, is gold a good asset to have with a coming currency reset? Armstrong says, “Yes, at that point, you are talking about a hedge against government. When you go through these monetary crises, effectively, all tangible assets rise in price, not just gold and silver. . . . Tangible assets have a value to everybody globally. The downside is on real estate. I would never put 100% of my money in real estate because it is not moveable.”
Fast-forward to now, and Armstrong predicts, “The economy is not going to come back. We are not going to see economic growth.”
Where is all this taking the world? Armstrong, who is an expert on economic and political cycles, says, “You have to understand what makes war even take place? It does not unfold when everybody is fat and happy. Simple as that. You turn the economy down, and that’s when you get war. It’s the way politics works.”
Join Greg Hunter as he goes One-on-One with economist Martin Armstrong of ArmstrongEconomics.com.
(Programing note: Because of the Easter weekend, there will be no Weekly News Wrap-Up and no Early Sunday Release. The nearly 60 minute interview with Martin Armstrong will air instead. Regular programing on USAW will start again middle of next week. Happy Easter-Christ Has Risen.)
After the Interview:
There is free information and analysis on ArmstrongEconomics.com. For more information about the new “Socrates” service that Armstrong will be offering, click here. For more information about the “2017 World Economic Conference” Armstrong will be holding in both Hong Kong and Orlando, Florida, click here.
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
Interesting that Armstrong predicts an international dollar and domestic dollar. Jim Willie has predicted the same. What would be the purpose ? Would I international dollar be strong and domestic dollar week? You still have countries such as russia and china who’s policy it is to diversify away from the dollar. Why continue to use the us dollar as the reserve currency when America derives its power from such an arrangement?
WOW! You beat this Hairy Guy to that. Indeed, Jim has consistently brought this up, regardless of whom interviews him.
This sceptred isle,
“What would be the purpose ? Would I international dollar be strong and domestic dollar week?”
The domestic dollar will be similar to the coal scrip in the old days. http://www.appalachianhistory.net/2015/09/company-store-scrip.html
It would be back by or have the equal value of the international/trade dollar with 1:1 ratio (at least that is what the squids will want you to believe) initially. That ratio will likely get worse and worse as time progress since the domestic dollar is not back by assets.
The international/trade dollar will be back by hard assets (non-perishable such as beach front properties or gold) and perishable assets (proven reserve of oils, foods, lumbers … ect).
The domestic dollar will get you domestic products only. If you wanted imported goods, you would need trade dollar.
If you don’t own an export business or a hotel caters to foreigners, you will have a hard time getting those trade dollar unless you are a banker.
Basically, it’s just another way to screw the average folks with smoke and mirrors. The following article is more detailed in regard to the matter:
http://www.economist.com/blogs/americasview/2013/10/cubas-currency
“Why continue to use the us dollar as the reserve currency when America derives its power from such an arrangement?”
Colonel Gaddafi, Saddam Hussein, Colonel Gaddafi, Saddam Hussein, Colonel…………….
Ok, thanks for those articles. China and Russia will be tougher to push around though.
Jim Willy says that one day we will have a domestic dollar and an international trade dollar … but we already have a two tier dollar system in the US … our one ounce silver coin has already taken on the role of our “international dollar” … while our fiat greenback is “the domestic dollar” … and just like in Cuba it takes about 20 domestic dollars to get one international dollar … the corrupt system here is as bad as in communist Cuba! … so what kind of dollar should people be storing under their mattress? … the domestic greenback or the international dollar? … the answer is obvious to me and JP Morgan Chase … but sadly the average American is putting the “domestic greenbacks” under their mattresses!!
Soon the domestic “scheiss” dollar will be devalued by Trump (he wants a weaker dollar) … and it will take 760 “scheiss” dollars to buy one US Trade Dollar (the one ounce Silver Eagle)!
Paul,
‘Everything Old Is New Again’
Roosevelt made the dollar a two tier currency by confiscating gold.
Nixon made the two tier currency back into one.
The million dollar question is; will Trump return to the two tier currency system again?
Hence, Trump will likely not confiscate gold. He may confiscate a portion of the dollar’s global reserve status to make room for the yuan.
I don’t think the Deep State is willing to completely give up the reserve status yet.
If we were going to have a basket of currencies instead of the SDR, we might as well use gold as the International Trade Currency.
Paul,
As long as the world continue to accept the domestic dollar rather than demanding the trade dollar. Owning PMs will be like having Marilyn Monroe as your wife in burka.
Tin foil … If my wife was Marilyn Monroe … based upon how I hide away silver coins … I would probably convert to the Muslim religion … to keep her in a burka “just for myself ” … do you think perhaps I’m being too possessive?? … but I don’t leave my silver coins out in the open for everyone to see!!!
Tin Foil … how about this 50-50 business proposition … we sell “burka bags” to the “closet Muslim stackers” who hide away their silver coins from public view!!
That was also my reaction when hearing this, that Jim Willie has been saying this for some time now about a domestic (what he calls a “Scheiss dollar”) and an international dollar. Bill Holter said something similar about this dichotomy in a fairly recent interview.
If I understood Jim Willie’s reasoning, this is a way for the US to quickly (and repeatedly) devalue its currency domestically, despite the incredible hardship it will bring to citizens’ standards of living, but to maintain some semblance of “strength” in a dollar for international trade and commerce. Given what little the US has to offer in exports — except for financial weapons of mass destruction, military hardware and GMO-poisoned agriculture — I don’t see the latter having strength for very long.
This is why we’re seeing the endless warfare reaching fever pitch now. The Petro-Dollar standard and global fiat reserve currency status of the USD are both in grave danger of extinction. So they are being defended to the death; unfortunately, the neocons want us (and US) to take this literally. If we can help it, let’s not let them play that game.
Greg,
When “currency” becomes something conjured out of thin air to infinity: which it is close to being done now – the ‘go to’ perception of value will be abandoned. Historic rarity of precious metals will have to be re-established as a final and universal or worldwide standard. I think Mr. Armstrong proposed the tail to wag the dog. Or maybe mankind CAN be conditioned to infinite stupidity to accept whatever the ‘Powers That Be’ want to offer us?
Our capacity to create money out of thin air is frightening and the main cause of rising inequality. Money is created and distributed unevenly throughout society. The Darwinian law of survival of the fittest is turned on its head as the weakest banks and poorest companies are saved as long as they are too big to fail. We will either have an official or unofficial precious metal standard.
According to Darwin, humans and apes are brothers. He forgot to say that apes do not use fiat currency to cheat each other.
Charles H,
I concur with your sentiment. Mr. Martin Armstrong’s excellent track record is back by the U.S. military, his prediction would have been disastrous if we were honorable.
I disagree with Mr. Armstrong regarding his reasoning behind the gold confiscation. Roosevelt didn’t have to confiscate gold because the dollar was too high. He could have let the gold price float in accordance with the strength of the dollar.
Gold is the natural global reserve currency but the squids will not allow that. I wouldn’t be too surprised if we had a domestic (dollar) currency and a trade (dollar/yuan) currency in the near future – that I partially agree with Mr. Armstrong.
If a currency is to be truly backed by a tangible asset, say Au for PM, would it be redeemable by the bearer on demand for that asset? Just like in the US when one *used to* be able to go into a bank with a dollar bill (a paper gold certificate) and receive 24.75 grains of pure gold for it? We could be Waiting For Godot on that one.
TPTB received considerable confirmation that their playbook was on target when Einstein remarked: “Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.”
Armstrong is right about the gold standard. America only officially came off the gold standard in 71. In reality they had been clandestinely coming off it since Inception of the FED.
Bingo!
When the Federal Reserve Act became “law” in 1913, yes, we can say that the gold standard’s erosion began clandestinely. The stealth tax that is inflation – which is its true definition as a currency-based event – was then baked into the cake. Hence the currency’s purchasing power would continually depreciate. And today we see its decline is ~97%. But the 100% of that last 3% might be here before we know it.
Many would say we functionally severed the tie to the gold standard in 1933, with its official termination in 1971 as you noted. My main point, which I posted as a general comment for this interview, concerns whether or not any fiat currency, allegedly backed by something tangible or not, is tied to a debt-based banking system or not.
Wayne,
1) If the structure of the Money Supply is not exclusively of the government…
2) AND the fiat issued is not directly tied to verifiable presence of Precious Metals…
Then the System was hijacked and nation betrayed – just that simple. All that followed is milking.
Yes, we agree that the nation was hijacked and its Constitution betrayed. That is why I put “law” in quotation marks. Yes, the stealth tax of inflation is part of the milking.
As for the verifiable presence of PM in the US, allegedly residing in Fort Knox and West Point, good luck confirming that. Unless Bix Weir et al. are correct in asserting that the Grand Canyon and Chocolate Mountains hold *millions* of tons of gold, the US likely has nowhere near its claimed 8,000+ metric tonnes.
The antimatter counterpart of currencies, debt, is expanding faster than the growth of the money supply due to interest due on the original credit. So even if all the currency is used to pay off the global debt you are still left with debt. So obviously you have to default to achieve equilibrium. Unfortunately, this wipes out all the debt based assets. Theoretically you can use the same dollar to pay off several dollars of debt by re-earning it but in the real world this rarely happens. Under a true gold standard there is a limit on debt as there is a limit on Money supply.
Marilyn Monroe: “Let us marry and have a daughter whose brain like yours and face like mine.”.
Albert Einstein: “What if she has a brain like yours and a face like mine ?”.
Armstrong says, “When you go through these monetary crises, effectively, all tangible assets rise in price, not just gold and silver” … so if Goldman Sachs can’t get a war started in the Middle East … they can still hope for a monetary crisis to bail them out of their oil contracts (sending the price of oil to $200 dollars per barrel) … since both precious metals and energy prices can go crazy when things fall apart monetarily … lets look at the silver to oil ratio … history shows it can get as high as 3.8 during “extreme events” … so lets see just how high silver can get using the following silver to oil ratio equation (silver/200 =3.8) … we find that it shows that a price spike in oil to $200 dollars per barrel can result in a significant silver price gain to $760 dollars per ounce … exactly in line with what Cliff High is projecting!!!
All physical assets rise during a monetary crisis but surely precious metals would rise disproportionately. The average person cannot store oil in their garage which would explain silver gaining relative to oil in your example.
DOW stocks will outperform most assets, including gold, because the big money does not park in gold, and when the govt bond bubble pops, stocks are the only market deep enough, plus they are backed by real assets. Stock certificates can also pass through metal detectors and can’t be confiscated.
So those who were thinking they could invest in oil and follow GS lead … think again … oil increasing from $50 dollars per barrel to $200 dollars per barrel only gives you 4x your money … silver increasing from $20 dollars per ounce to $760 dollars per ounce gives you 38x your money … Happy Easter everyone!!!!
Here is my simple Easter prayer …
Dear Lord … Let this Easter Season be one of Renewing and the Bringing back to life of Peace and Goodwill toward all Men, Women and Children of our world … let us put down our weapons of war for at least one day and abide by the Mercy and Humanity Jesus taught to all God’s children … let us find it in our hearts (for at least one day out of 365) “a smigin of restraint” from making God’s children into “burnt offerings” to the anti-god Satan!!
Paul 760 dollars? Id be very happy for it to get back to 50 dollars
If you go to http://www.usdebtclock.org, they list the Dollar to Silver ration in 1913 at $2.65. The Dollar to Silver ration now is $872. The Dollar to Gold ratio in 1913 was $28.91. The Dollar to Gold ration today is $7315. These figures continue to rise on a regular basis along with the national debt.
JP Morgan who controls 51% of the warehouse stocks at the CME – Comex exchange could be in for a windfall should there be a re-evaluation.
Yup and for some reason I believe JPMorgan might just get its way
SGT Report: 10 REASONS TRUMP’S ATTACK ON SYRIA WAS A BAD IDEA & BASED ON LIES — James Perloff
https://www.youtube.com/watch?v=ottC-2QbTIo
There are 3 people I watch ‘religiously’ more than once a week – Greg Hunter, Greg Mannarino, and Sean from SGT Report, as they are all true patriots who unswervingly exposing and fighting the scum to restore the USA from the evil scum elite.
Greg, I’ve been quite impressed by this James Perloff fellow. Perhaps you could consider him as a new guest.
Greg
I just finished listening to your interview with Martin Armstrong. I want to commend you for asking him the question about war with Syria, Ukraine, and North Korea. When he said the war in Syria is all about a pipeline, I couldn’t stop laughing as he is telling the absolute truth. The US, Saudi Arabia, Qatar, Jordan, Israel, and Turkey have killed over a half million Syrians for a pipeline that Russia will not let them build. I know a lot about oil and gas pipelines and Russia should go nuclear to protect it’s interests so that pipeline can’t be built and probably won’t be built because the EC is going to allow the Nord Stream 2 to start laying pipe within the next two months. Don’t know about the Turkstream being built because Erdogan is such a snake. I didn’t listen to your interview very closely so I must listen to the whole thing again to see what I can learn. This is the first time I’ve ever listened to Martin Armstrong but it appears he is someone that should be listened to. I did listen to this James Perloff interview with Sean at SGT Report and it was worth listening to.
Allen< Lavrov said the same thing a few years ago. Russia wants to be the only supplier of Nat Gas to Europe. Greg
That’s the nutshell.
Greg
Russia may want all of it but they are living with reality and are pressing to keep their share of it. That’s for sure. Even when Nord Stream 2 comes on line, they still need Turk Stream or revive South Stream to keep their share. Then they can stop shipping to the Baltic countries, Belarus to Poland, and all pipelines through Ukraine. They will save billions in transit fees also by cutting these countries out. Most of this gas is coming from the Yamal-Nenets area. There is another huge gas deposit between me and Lake Baikal and that will feed both of the gas pipelines to China. There are huge deposits of gas and oil in the Russian Arctic and they have actively been building military bases there to make sure that resource is protected. They have filed claims for additional territory that they deem is theirs and the military will not allow some international court to steal their property which is another US trick. The Russians have spent a lot of money doing the things required to protect their Arctic property. They have many ice breakers and are building 4 new huge ones.
Wow, Allen – pretty astute. That’s a real piece of the puzzle.
Better Russia supply the gas than the Arabs or the Israelis I’ve also heard that the US is planning on exporting LNG to Europe Guess Russia will be forced to diversify its economy away from so much dependence on energy exports Could actually backfire on us and especially Europe
Yes Frederick,
Never let go of the evil Jew theme. Never a word about the atrocities of radical Islam–not a word and yet it happens almost everyday. It’s documented here: http://thereligionofpeace.com/ Enjoy!!
Greg
There is NO RADICAL ISLAM.
There are radicals from every belief.
Mohammad
Radical anything is wrong and I think we all know that Greg I just have a hard time getting past 911 and want those responsible brought to justice And please don’t read me the official storyline
Frederick
The NG fields of Norway and Great Britain won’t last much longer. Russia is partnering up with Norway in developing new fields in the northern seas that border their two countries. The EU needs to replace that NG and is the reason that the EC has finally gotten out of the way of the Nord Stream 2 pipeline project. The US has been doing everything it could do to screw Russia through the EC but the EU needs this NG so the US was finally told to get lost. LNG can’t compete with pipeline gas in price so the only way to screw Russia is to not let them build a pipeline. The only question left is what pipeline will supply NG from the southern part of the EU. The EC and the US killed the South Stream pipeline from going through Bulgaria so now Russia tries to do the Turk Stream. Russia, Syria, and Iran stop the Qatar, Saudi Arabia, Jordan, Syria, Lebanon pipeline from being built. Israel would have a feeder line into this pipeline and the US meddles also. So we have the Syrian war where 500,000 Syrians have been murdered by the US and it’s allies to force Syria to allow them to build their pipeline. Russia will never allow this pipeline to be built after screwing them on building South Stream. Going forward, 25% of Russia’s GDP will come from oil and gas and transportation over the Arctic route.
Ditto…!
Mohammad
Don’t forget about the huge oil find in the Golan Heights.
I noticed in UK that trump could do nothing right in the eyes of the mainstream media. Now after the attack on Syria the personal attacks on trump have declined a lot.
TSI,
I wonder if this is a negotiation tactic. What has really happened since the strike. Apparently THE Russians are not that upset.
Greg
Maybe he gave something to get the neocons off his back without starting a war with Russia.
TSI,
Who knows but the attack was not a game changer. If Trump wanted to change the game he would have attack the Tartus naval base or the Russian air base.
Greg
Greg
You are correct and understand. Russia is still running on auto pilot and won’t change their strategy because they can’t. Be afraid if the US tries to partition and it interferes with what Russia must do in Syria. I fully believe the US will push Russia again because they are insane and the Russians don’t want a war. If we are lucky enough to get through this shit storm, we will be in even worse shape when the US actually tries to put missiles into Poland. That will be a game changer. To Russia, this is no different than when Russia tried to put missiles into Cuba.
TO THE CONTRARY GREG:
https://www.alarabiya.net/ar/arab-and-world/syria/2017/04/14/لافروف-كل-أسلحة-النظام-الكيمياوية-قد-تم-تدميرها.html
They are warning US from another likewise strike.
Mohammad
Mohammad, Trump was the “establishments choice”, you may have to think twice about reducing your medications LOL. The Neocons wanted Hillary as well as all the MSM. Still Mo I always enjoy your posts even if they are getting more imbalanced each week, just take a double dose of your meds and see if rationality comes around again.
Empty, air filled, rude…
no gain engaging you with a dialogue.
my last comment to you…
Carry on dude
Mohammad
Dan,
He did not fool me.
I am here on the record said before, that he is the establishment’s choice from day one, you can go back to my posts and read it.
Mohammad
I assume you are talking about Martin Armstrong and not James Perloff. By the way, it’s always good to provide supporting arguments to such kinds of general statements so people more clearly know where you are coming from.
Am talking about Trump.
Mohammad
@Mohammad
You sir are a wise man. Its obvious Trump was their pick from day one and just needed the alternative media crowd to shuffle around him. If their Trump didn’t win then the backup Hillary was there in the wings.
Regarding Armstong I’m still baffled why people want to interview this person. After all he defrauded investors and spent years in prison. I will agree he’s a genius but doesn’t make him honest nor anyone you should trust for investment advice. Might as well bring on Madoff next time for a little fire side chat.
Did anyone let Hillary is on the plan or was it done on a need to know basis? Simpsons has an uncanny ability to predict the future.
Belligerent I totally agree He’s not to be trusted and a flip flopper
Dealing with lies is just the half of it … the other half is blackmail … I hate to say this … but could Trump’s recent flipping on important issues be related to the MOSSAD getting “blackmail control” over him … did Trump’s son-in-law Jared Kushner ever visit Jeffrey Epstein’s “Lolita Island” like Trump did (when he went with those “nice people” the Clinton’s)???
http://www.dailywire.com/news/5749/both-trump-and-clinton-went-jeffrey-epsteins-sex-amanda-prestigiacomo
If the above is true … the American people really didn’t get a choice to have “their own” President in 2016 … the MSM tells us it was the Russians who interfered … could it have instead been the MOSSAD? … in any case it looks like we will now have to wait for 2020 to elect someone like Robert David Steele “to be our” President!!!
Paul,
“the MSM tells us it was the Russians who interfered … could it have instead been the MOSSAD? ”
Hmmm…. That actually makes a lot more sense than the Russian’s interference. Netanyahu is very close to the Kushner family.He knew Jared Kushner since he was a little boy.
It’s funny I never thought of that or connected the dots.
Even if the above “Lolita Island” hypothesis is not what flipped Trump … 666 Kushner “is still very much compromised” by the fact that his real estate empire is failing and thus he would likely do anything to save it … the American people should not have to be put in such a dangerous position … Kushner must resign and leave now!!
Exactly Paul He really needs to go home to Jersey asap
Yes James Perloff is the best {next to Greg of course). He completely exposes evolution as the nonsense it is. His take on economics is second to none also.
DONALD TRUMP DROPS MOAB! 100% PROOF HE IS WORKING FOR THE NEW WORLD ORDERS GREATER ISRAEL PLAN!
https://www.youtube.com/watch?v=Sdw36x715hU
Something to consider very seriously folks…
Dan,
This is 100% opinion Not “proof” that is being passed of as proven fact.
Greg
Greg,
More and more people are waking up to what I have been screaming here for years…Unfortunately it is TOO LATE.
Mohammad
Greg
“Apparently THE Russians are not that upset”.
As you know, it is my opinion that Gina and Maxine Waters are one in the same : )))
And no one has proven me wrong : )))
In any case the Democratic representative in Congres is suggesting the Russians are not that upset because ….. https://www.youtube.com/watch?v=5KgSHhQd7Rk
And we all know that Gina has told a few whoppers here at USA Watchdog during her 20 minutes!!!
https://www.youtube.com/watch?v=xqXLuCuZ91E
You’re a man well ahead of your time Doc Let’s keep spreading the word and hoping for the best At some point I imagine the sheeple will rise up
If they haven’t seen it thus far they will never see it.
Mohammad
Donald Trump dropping the MOAB on a mountain “could” be said to be proof he is working for the New World Order … but I think the fact that the MOAB was not dropped on the “Deep States” poppy fields provides better proof!!
I have never listened to so much nonsense .Greg the man never once touched on the TABOO subject of THE TRUTH or spoke about HONESTY,
First and for most on the subject of the american dollar…this currency is totally valueless and is only backed by bully boy tactics of bombing countries that are thousands of miles away from the u.s.a.
To tell us that GOLD which has been around longer than all the past and current fiat
currencies is governed by the power of dishonest men in politics is sheer utter nonsense….
We will witness at sometime in the not too distant future a rise in GOLD that will amaze
martin.
About using housing as an asset to back currencies what a load of baloney …that would have made Fannie Mae the richest company in the world…..Then we have earthquakes,floods ,wars which render that argument straight onto the trash heap.
China ,Malaysia have enough real estate in the for of apartments,bungalows etc to make them the wealthiest countries in the world.
What all three of the above mentioned have in gigantic measure is mountains of debt backing those assets most of which will have disappeared within the next 25 years as the quality of the construction stinks.
When discussing financial instruments like the S D R’s ask yourself the question what is special about them …NOTHING !!!! That’s what.The issuers are one and all bankrupt and unreliable…all they serve is the bandage on a gaping wound syndrome and the preconditions attached to the issue of such instruments is fraudulent to say the least.
I am yet to find a reason which could satisfy me to have armstrong come to me and give advice on how to invest in the post office.
End of what I have to say which is a lot more than the few points I mentioned.
I don’t trust a word he says.
A HAPPY EASTER TO ALL MEN AND WOMEN OF PEACE AND GOODWILL
These comments might never be posted but at least you got to read them
I hear Switzerland are considering backing the Swiss franc with chocolate bars, specifically toblerone. It would be better than real estate but could pose problems. You would need a purer chocolate (70% dark) so that it is fungible. Toblerone has too many nougat pieces to be consistent.
I hear Satan is considering backing “his evil currency” with the burnt offerings of human flesh” he will obtain when the Demon-rats start nuclear WWIII … afterward Satan will be holding a victory party for his minions … and along with the burnt roasted flesh there will be plenty of spirit soup, hot dogs and pizza to go around!!!
How long is humanity going to follow the orders of crazy men who think “its fun to shoot people” … haven’t these crazy loony tunes had enough fun in WWI, WWII, Korea, Vietnam, Iraq, Libya (hee hee hee), etc., etc. … are we going to continue to dutifully march to our deaths as our forefathers did (buying the con of crazy con artists) … are we going to learn from history? … or simply repeat it … over and over and over again and again and again???
TSI I’m ALL Love those Swiss chocolates Put me down for fifty kilos
I think that you are missing MA’s point about tangible assets. Gold is just another asset class, it is not money per se. Yes, at times it has been money, but at times so have sea shells and salt. Don’t get to hung up on “money” as opposed to “currency”, it is a specious argument, as history constantly shows.
His point is that values change, and unless you are a speculator or a gambler – the only relative safe haven in a currency collapse or in bouts of hyperinflation is in tangible assets. He divides tangible assets into two classes … movable and non-movable, and you must have some of each. Until we all get our minds around this we are missing the point completely.
IMO, MA is the ONLY one who has a reasonable handle on what is happening. Most of the rest of the experts are just sprouting their book or their conspiracy driven beliefs. Also, most mainstream experts are just regurgitating what the are taught at school. Just honestly look at the full spread of their predictive track records …
Agreed. The gold standard can work extraordinarily well -as it did in the US for much of the 19th century. It is only when you have dishonest bankers and politicians who wish to have lots of currency -basically free money for bankers through fractional reserve banking, buying up assets on the cheap, or “helping the poor” through social programs that don’t actually have to be paid for in the current time, that you find that an adhered-to gold standard gets in their way. Bankers and politicians hate anything that gets in their way, such as that pesky old gold standard.
Kal59,
“His point is that values change, and unless you are a speculator……”
The values didn’t change, the value was covered up or suppressed by its designation as a commodity to mask its true God-given role.
NEVILLE BURT,
“About using housing as an asset to back currencies what a load of baloney.”
That is not baloney at all. However, not all real estates can be used as an asset to back the trade currency, only the real estates which are desired by our trading partners can be used to back the trade currency.
Basically, the domestic dollar can be used to buy housing in Detroit, Ferguson, Chicago …… etc, but it would be tough to use that to buy properties in California or NYC.
Drawing a blank screen this morning Sure are interesting times we’re living through
Frederick,
Sometimes I really don’t mind staring at a blank screen or digging a hole and put my head in it.
Yes … it is really too much at times to even contemplate the mortal danger our families are in … especially when you hear our military chief “mad dog” Mattis say: “It’s fun to shoot people” and now he has 150,000 troops on the Russian boarder, 150,000 troops on the Ukrainian boarder and 150,000 troops on the Syrian boarder with an armada of warships heading toward North Korea … we have an “insane loony tune” in charge of our military and Trump is supporting him!! … https://www.youtube.com/watch?v=JD-i8dNxFvs
Seems it’s the guys with the “crazy hairdos” like in Korea and the US (in charge of nuclear arsenals) that can bring the world to nuclear war … next time (if we make it) let’s vote for a “baldy” like Robert David Steele!!
We should work to get the “Gina” crowd and the “Bernie” crowd to join us betrayed Trumpsters and just perhaps Robert David Steele will be “our” President in 2020!!
Tin Foil I hear that buddy 🙂
.@PatrickBuchanan and Mike discuss Pat’s column asking if Pres Trump is enlisting in the war party Thu, Apr 13, 2017
http://www.mikeonline.com
Coulter: Trump Voters Didn’t Want More ‘Pointless Wars,’ Assad ‘One of the Better Leaders’ in Region; by Josh Feldman | 10:47 pm, April 12th, 2017
http://www.mediaite.com/tv/coulter-trump-voters-didnt-want-more-pointless-wars-assad-one-of-the-better-leaders-in-region/
Flu Shots Have More Than 250X Mercury Safety Limit
https://worldtruth.tv/flu-shots-have-more-than-250x-epa-mercury-safety-limit/
10 Most Radioactive Places On Earth
https://worldtruth.tv/10-most-radioactive-places-on-earth/
Big Study: Vaccinated Kids 2-5 More Diseases Than Unvaccinated
https://worldtruth.tv/big-study-vaccinated-kids-2-5-more-diseases-than-unvaccinated/
Thought you’alled like to know.
Thank you, especially about the flu shot. They are pushing them harder than any dope dealers I’ve known I n my life. I’d love to see the Grandchildren related to the members of the government get in line with all us useless eaters or Basket of DEPLORABLES !!!
I’d give much for 5 minuets in the ring with guilty crooked Clinton ( male or female )!
Julie Back in the 90s they were pushing Flu shots so I asked my sons pediatrician(also my neighbor growing up) if I should get one and he was adamantly against it I trusted him 100 percent as he is a brilliant man so I never got one Havent been sick in the 13 years that I’ve been here in Turkey eating my mother in laws home cooking(no GMOs) In NY I contracted Lyme back in 2004 and it nearly killed me
Van Lines; Immediately before his inauguration, the Prez asked one of the Kennedy clan to look into the immunizations for children. Have heard nothing from him,— maybe he was b ought off by the legal drug dealers
Armstrong states “there’s no place to go but the dollar” NO there’s precious metals
Good point Frederick. The big guys with hundreds of billions of $’s to move are going to have a hard time finding tonnage when the $#!^ hits the global fan blades.
Greg
There is an excellent chance that many of the billionaires have already got their metric tonnage of PM hidden away already, especially at the contrived lower prices we’ve seen for years. They use the paper COMEX for price suppression and set up ETFs for “investors” to possess paper claims on PM via SLV-GLD-etc. These are leveraged at hundreds to 1. Good luck cashing in on them.
When Druckenmiller “sold” all of his gold months ago, he was in effect, a market maker. Then he bought it back later without all the fanfare (and at a lower price). The gold the “big boys” have is not likely to be rehypothecated stuff, with multiple claims on it, or gold-plated tungsten.
But your point is well-taken concerning the institutional buyers. Many hedge funds can only go long. And they could drive the price of PM much higher because of availability issues. Silver is absolutely in critical short supply now.
As with equities, often by the time you see a move or are “informed” about an “opportunity,” at least half of it is gone, whatever the commodity or vehicle. Pump-and-dump is the extreme con game.
There are also crypto-currencies to consider as potential stores of value/means of exchange. But these are in their infancy;,so we’ll see. As the Chinese say, we do live in “interesting times” indeed.
If silver reaches 600 dollars or so I believe big investors will consider buying it as a store of value, similar to gold now. As it stands big money will not touch silver as it is too difficult to store a few million dollars worth.
what armstrong means is that institutional investors have nowhere to go but the dollar. he doesn’t see gold as an investment so much as a hedge. tangible assets will survive a currency crisis. gold is the ultimate transportable currency asset. if gold goes to $5000 it doesn’t mean that gold is more valuable so much as it means that the dollar has become less valuable.
Yes, some money will seek to frontrun the rush into gold if it is not already doing so. I don’t believe in this theory that money looking for a safe haven will flow exclusively into the dollar then gold. Real life is rarely as clear cut as theory). Surely there will be a spillover effect with some safe haven money (with a long term view) going straight into gold (as with Chinese sovereign purchases). It would only take a relatively small increase in gold acquisitions to make a difference as gold market is so much smaller than the dollar market. Physical Gold is the ultimate safe have as it is immune to cyber attacks unlike digital dollars.
I bought a few kilos at 1290 a year ago and have just stayed the course It’s up 30 percent in Turkish Lira price though so I’m doing fine I’m looking for a huge upleg especially if this North Korea thing goes hot
A few kilos. Wow! I can only afford a few kilos of chocolate gold coins. With real gold I like sovereign coins and pay a little bit more for Victorian ones.
Sceptered: My PM dealer says, have a few bars, a few coins, and a few rounds. His theory,,, if you have coins they will want bars, but will accept your coins at their discount price. If you have bars, they will want coins etc
JP Morgan Chase is front running silver … they now own six times the silver that the Hunt brothers owned and were crucified for … the US mint told JP Morgan Chase to stop buying “Silver Eagles” because the mint can’t find enough silver to make the coins for the public … JP Morgan Chase now has about 600,000 tons of physical silver (the Hunt brothers only had about 100,000 tons) … why is it OK for JP Morgan Chase to now corner the silver market but it was illegal for the Hunt brothers? … do you think the banksters have cornered the physical silver market for fun? … or profit??
It will s amazing to look at historical price of copper as opposed to gold. Despite the surplus of copper we have now, the price has risen multiples over the decades, presumably because of inflation. It is amazing to think how much off its historical peak silver is. Solar silver demand will take everyone by surprise as solar will develop exponentially as did mobile phone use. When silver reaches few hundred dollars big money will consider buying it as a store of value. J p Morgan are probably the only ones that know the true dynamics of the silver market.
sorry, should read,
It will s amazing to look at historical price of copper as opposed to silver (not gold).
TSI I met a Dutch guy living in Turkey in 2006 He convinced me to buy silver zIt was around 10 dollars I waited till 12 and bought 250 kilos Sold around half at 25 to 35 and still have the rest in storage I never cashed any in at 49 though unfortunately
They should be interested in a MUCH higher price I would say Paulie
Club membership.
Estimates are that JP Morgan has control of almost 200 million ounces of Ag in COMEX warehouses or other depositories. Its silver held through the ETF of SLV is about 325 million ounces out of a total of nearly 600 million ounces. These amounts in metric tonnes would roughly be about 6,225 and 10,115 and 18,650, respectively. There are pretty good articles about such topics at smaulgld.com.
Why shouldn’t it be ok for JP Morgan to corner the market in silver? After all, it is one of the de facto execution agents of the US government/US Treasury for such trading as so directed. And what’s not fun about being handsomely rewarded for it at the same time? Sarcasm aside, how perverse it is that just before the Federal Reserve Act became “law,” J. P. Morgan himself said in CONgressional testimony, “Money is gold, nothing else.”
The blood lust conjured up on TV gave away the game last week. No doubt what power runs it, regardless of little gooey mentions of religion this week.
Deanna Johnston Clark;
WHAT????
Armstrong is a clever guy but I don’t trust what he was telling you Greg. His statements were contradictory. My guess is he’s buying Gold like crazy but has to tell everyone that it’s not so important. Don’t forget his business relies on his computer system dealing in stocks and shares. He was once all for Gold. When he got out of jail he was then against Gold….. now ask yourself what changed his mind? He says people losing their jobs causes wars but doesn’t actually finger WHY people lose their jobs. The answer to this is “private'” Central Banks. Central Banks engineer wars to steal the wealth of people. Politicians are just the tools of Central Banks. I take what Armstrong says with a great pinch of salt because I feel he says one thing and probably does another.
And why do central banks all hold gold? To hedge against the disaster their policies will ultimately lead to.
Doug, I think that you are missing MA’s point. His main point is that assets change in value. These values move in deep cycles … and to prosper, you must understand the cycle. Sometimes it is gold, sometimes it is real estate, sometimes it is something else. Nothing really has intrinsic value per se. That is why he has mapped the historical movement of various key indicators…. assets, politics and etc
And he’s wrong Gold and Silver have always had intrinsic value No counterparts risk such as property taxes etc AND it’s transportable
All tangible assets have intrinsic value, some more than others, depending upon the situation. For example, in times of famine and war, bread was sometimes worth more than gold.
Greg,
Although I was among who asked for Armstrong to be on I have to admit I was disappointed.
Whenever you ask him a hard question he dances around, and brings some unrelated issues about this and that and never delivers.
What is he hiding?
Mohammad
Mohammad,
I worked on getting Armstrong for about a year. He did give some good information. The “domestic” dollar and the “international trade” dollar is a big one. Coming form Armstrong means it IS being talked about in high circles. Get ready and stay ready my friend.
Greg
As you probably know, Armstrong has so much he could contribute on every topic, he sometimes opens the firehose, but he did come back and answer the questions. Also, I’m sure his paid subscribers don’t appreciate him getting specific, which influences his answers.
THANK YOU MARTIN for mentioning the Syrian pipeline that is the reason for what’s going on there geo politically. You are the ONLY one who has mentioned this. Its a stark example of how corrupt the entire media is by not mentioning this connection.
I believe that pipeline is certainly a big part of the equation but I believe there’s a bigger geopolitical game being played there It’s multifaceted for sure
Greg, this should be your new standard…3 interviews a week, Monday, Wednesday and Friday-keep it up!
Actually it is a smart move on Greg’s behalf to skip the weekly wrap.
What is going to say about all the blunders Trump is making when he was all out for him, now it is obvious that neocons are in the driving seat bombing everywhere?
Smart move Greg.
Mohammad
Is this instead of or as well as the Sunday interview?
Ted Butler letter is posted at Tfmetals report comments section…http://www.tfmetalsreport.com/podcast/8278/holiday-weekend-jackass?page=1#new
THERE ARE NEW COMPLIANCE PEOPLE AT THE CFTC! Please cut and paste Ted Butlers Form Letter and send to the 4 people at the bottom of below Form Letter’ You can cut and paste letter. It may be a long shot, but it is better than doing nothing and hoping someone else does.
(This is Greg Hunter. Here’s the link to the letter: https://www.tfmetalsreport.com/comment/610700#comment-610700 )
Thanks Greg, great interview with MA. Have a great Easter.
(BTW, I totally agree with the discussion at the 48 minute point in the interview.)
Thank you Russ!
Greg
Greg and Mr. Armstrong, very interesting interview. Thank you.
Happy Resurrection Sunday.
Greg,
Factual is the 180 degrees turn around of Trump on his promises in less than 100 days in office:
1- China is a currency manipulator…then
China will get a “sweeter” trade deal….now
2-Nato is obsolete…then
Increasing the budget and presence of nato in east EU …now
3- I will work with the Russians on ISIS together…then
Unilateral bombing of the very base that fights ISIS in Syria …Now.
4-My priority is not removing Assad…then
regime change in Syria …Now
.
.
.
.
And this is only in less than 100 days in office.
Can you trust this guy? is he trustworthy ?
If Trump 2016 runs against Trump 2017 it would of been the ugliest election campaign ever held.
Mohammad
Mohammad,
You are falling for the disinformation of the MSM. Two words: Neil Gorsuch. Remember me saying that if Trump would put people on the court that would uphold the Constitution the nation would survive. I also said that would be worth the price of admission. You may be missing a very complicated negotiation tactic. I am not worried. Trump is far better than Hillary would have been.
Greg
Greg,
Did you listen to Steele’s take on the matter?
This is coming from someone who supported him all along and saying now that he is surrounded by the zionist neocons that want WWIII.
You brought Mr. Steele once why do not you bring him back again?
We are here in critical times and we need to expose any threat to humanity hoping we can avert a disaster.
We are not here to score points Greg.
All our lives are at stake if god forbid WWIII ignites by idiots.
Please bring Robert Steele on, he has good info to expose the truth .
Mohammad
I know Chump is a good buddy of Netanyahu but why is he giving $30,000 per year to every Israeli citizen when every American citizen is $50,000 in the hole just to pay off the national debt? … I thought it was supposed to be America First?? … and remember when David Stockman was on and said “on March 15, 2017 we will hit the debt limit” … yet Chump has plenty of money to put an army on the ground in Syria … fire off 60 Tomahawk missiles … sent an armada to the China Sea … where is all this money coming from???
Paul ,
First thing he did was increasing the defense budget by whopping 19%.
That is a FACT especially for Greg who loves facts.
Mohammad
Paulie America first Hahahahaha that’s rich buddy You made my Easter
M – Read Trumps book the ‘Art of the Deal’ he states how he negotiates in the book and is doing just that. Great insight in to his deal making and is consistent with how he is being president.
You forgot he bankrupted 4 times…
GS buddies bailed him out in those 4 times.
Is that explained in his book??????????
Mohammad
M – Bankrupt 4 times with 4 companies out of 70 + … I can only wish I did that well. The Fake media reports that the bankruptcy are as if he went bankrupt – False. Again 4 of his companies went under … Not to shaby! And my big hope is that when the Big Banks go under he says C’est la vie … and makes the bankers wear big boy pants!
The 5 GS buddies in the WH will bail out those banks IF they go under, they are bailed out every day with this Ponzi scheme.
Mohammad
Yes its all becoming very clear now.
https://lookup.london/wp-content/uploads/2016/11/Trump-street–1024×766.jpg
The City of London Corp = Federal Reserve Bank= IMF/ World Bank= The Working Group RMB world currency.
Ladies and gentlemen I hate to break it to you, but once again America has been sold to the highest bidder. The Chinese bought it from the Federal Reserve Bank four year ago when “The City” thought it was time for a change. Now many of you are looking in the wrong places, including many of Greg’s guest. The change is not coming from without, it is occurring right now from within. Within our own banking system our currency is being systematically replaced. Replaced with a system more to “The City’s ” liking. Folks they’ve been at this a very long time and there good at it. Who do you think bankrolled the Peoples Bank of China? If you remember your history China was a British colony.
What you thought the Chinese just put 150,000 troops on the Korean border because they love us? Wrong. They’re protecting their investment. Us. There is no way in H double hockey sticks that they’re going to let someone undercut their deal. Especially during this transition period when they are funneling trillions of dollars into our banking system. The RMB economic engine is about to be fired up. The ignition will come in the form gold backing it up. Check out my next post.
Do you remember almost a year ago what happened? The (SGE) Shanghai Gold Exchange opened. April 21st to be exact. But guess what, no gold benchmark reset as we all thought. Why? Two reasons.
1. The banking clearing houses were not completely finished yet.
2. The Chinese wanted to drain the market of all available gold so THEY could control the market.
And now? You decide.
https://youtu.be/5estWH_KutY
Jerry. I just can wrap my mind around a gold backed currency for the common man. In 1971 the US had 207 million people, and the money was not able to be backed by gold. Today we have 323 million people with the top 1% owning most of the currency.
I just don’t see enough gold to back every currency in the world, or any country with 1.4 billion people. Maybe if gold dust can be counted. As a part in trade I see how that could be a part, but even then not a whole. Then there are the hoarders that will not sell their gold at any amount of paper.
Wouldn’t a stacker remit his gold – IF all subsequent revaluations would be credited to him?
Maybe if the new currency was backed by gold. I tend to believe the greed , and distrust will stifle trade among common folks. Silver and gold is only of value when it is used. When the value of it continues to rise holders will hold on to it.
Charles,
That’s a good question. I can only go from what I know from the last depression. One of my bosses I worked for years ago smuggled gold in from Canada during the depression and sat on it until the markets came back. He became a very wealthy man in the process, and got many government contracts for his business to boot. Most people don’t have that kind of nerve.
JC
They have no choice.
http://themarketmogul.com/free-trade-officially-dead/
Jerry the money in trade is changing. I just don’t see gold to be the answer. I must add I don’t see any good way to fix the economic problems the world banks have caused.
As someone said id rather have it and not need it, then need it and not have it. Thanks for all your work.
Jerry
Thank you for the video! Sorry Greg, who needs Armstrong when you have Jerry every week!
Per the video, During the Lunar Year Period, WE CHAT users sent 70,000 mico gold packets, worth approx. or 14.5 million US.
These are Red envelopes folks they are now offering on this platform!
It just started!!!!!!!
The WE CHAT platform has indicated back in February that they have over 846 million users.
Chinese and other East Asian and Southeast Asian societies, a red envelope, red packet, lai see (Cantonese), âng-pau (Hokkien) or hóngbāo (Mandarin) is a monetary gift which is given during holidays or special occasions such as weddings, graduation or the birth of a baby.
More at Wikipedia https://en.wikipedia.org/wiki/Red_envelope
This is easily going to grow into hundreds of millions of Chinese users in the years to follow. Possibly even by the end of this year. And perhaps Billions of Asian users in the following years. The Asian Red envelope tradition is not going to disappear, Watchdoggers. You do not need to learn this from Armstrong, Sinclair or any other guru.
I would not be surprised to hear that every Chinese American family gives out Red envelopes. I am talking 100 per cent.
Move over flowers and chocolate on Feb. 14th , you have some real competition now !!!
http://www.scmp.com/tech/china-tech/article/2070463/tencent-launches-wechat-gold-gifting-feature-valentines-day
JC
I can see 0.001 grams Gold dust being counted!
Flowers and Chocolate really don’t have to worry hear in the US : )))
https://www.youtube.com/watch?v=bYhTFz_SGw0
here : )))
Macray,
It begs the question. What do they know, that we don’t know? It can’t just be because they have a love affair with gold.
http://www.reuters.com/article/china-tech-gold-idUSL3N1GF29P
The groundwork for the reset has been laid and they know it. And when the reset button is pushed gold will popup just like a beach ball that’s been held under water. Gold and silver is the only form of currency that is not tied to a government promise. The Chinese have been through this before.
Jerry
I anticipate hearing from one of the Gold communities finest gurus soon that eventually all Red Envelopes will be confiscated by their respective governments. Which one will it be?
I believe you are spot on Jerry, this has been in the making for years and they are getting very close to throwing the switch. China played the long game, thee is no way they’ll not protect this investment against any and all enemies.
Teeter.
There are very few people who really understand the underlying implications of what is taking place right this moment. According to my sources 28000 Wells Fargo employee’s were called in to work on Easter Weekend to help facilitate the transfer of RMB currency into our banks. There is a very good reason Hank Paulsen and Timothy Geithner were chosen to head up the Working Group by the Chinese. They understand the inner working of our banking system. April 21 will be the benchmark date when the RMB will be on equal footing with the dollar in the IMF basket. What Americans don’t get in they’re self righteous hubris is that without exclusive reserve currency status we can’t print money, and I think you know the rest of the story. Watch in the coming weeks what happens to the dollar.
How easy is it to transform an entire economic system?
With the help of the world bank, its just like grafting a plant.
http://www.about.hsbc.de/news-and-media/world-bank-launches-first-ever-rmb-settled-sdr-bond-programme
On the surface it all looks the same. But underneath there are roots expanding in every direction. Americans will wake up one day, and find that our currency will is 30% less than it was the night before. And what will you do?
Jerry,
The transformation hasn’t been as easy as the Chinese thought it would be.
http://app.scmp.com/scmp/mobile/index.html#/article/2065832/desktop
The usage of yuan for international settlement has declined in 2016.
I give Armstrong this prediction though:
https://www.rt.com/news/384755-north-korea-war-possible/
“China’s Foreign Minister warned that an armed conflict with North Korea may break out “at any moment,” urging Washington and Pyongyang to tone down their hawkish rhetoric and realize the price to pay for both sides if a new Korean War were to start.”
THIS IS BIG from China’s FM
Mohammad
Finally telling the truth about Syria!
Happy Easter Greg. He has risen indeed!
Robert
Greg,
As the escalation is going crescendo in the Korean peninsula an axis is forming in M.E. between Russia/Iran/Syria:
https://www.rt.com/news/384715-russia-iran-syria-strikes-demand/
I find it difficult to think that a strike on N.K. is solo…So I am contrarian to Mr. Armstrong when he said the most dangerous spot will be N.K.
I think it will be Syria for a good reason.
Israel will not let a chance of a major action taking place any where in the world (here N.K.) without using it to hit Iran to unleash it on Saudi Arabia.
Netanyahu was very happy with the recent US strike (Not on ISIS but rather on the forces that fight ISIS) and will be happier to see his problems in Lebanon (hizbulla) Syria (Assad) Iran taken care of at the same time.
The MOAB tested in Afghanistan makes all the sense in this coming scenario ….Why?
ABSOLUTELY ISRAEL WILL VETO ANY NUKES TO BE USED AGAINST ASSAD AND HIZBULLAH, it will radio active contaminate the water at the base of Golan lights that Israel drinks from, so any thing to be used in that region has to be effective and SAFE environmentally (relatively speaking ) and nukes are absolutely won’t be used in M.E.
So the MOAB effect will be nil in Korea and very effective in Lebanon and Syria especially after Israel loudly declared Lebanon as a country will pay the price for Hizbullah in the coming war with them since they included them in the governing of the country and could not get rid of them.
THIS IS A MOMENT IN HISTORY that is very very dangerous.
I will pray for wisdom to prevail .
I will pray for peace.
You all should likewise do.
Prayers are more powerful than dark evil.
Mohammad
Happy Easter Greg!
I find it interesting in our current set of circumstances (and as Bible Scholar I know you will to) that the Chinese and other oriental races are descendants from Noah’s son Shem. http://www.eifiles.cn/oo-en.htm
The Jews are just one of Twelve Tribes from the house of Israel. Most Europeans are descendants of the Northern tribes if Israel. In addition most Arabian tribes can trace their roots back to Hagar, Abraham’s handmaiden.
At some point we must all realize that we are all part of Gods family in one way or another and stop fighting each other. That is my prayer. Pease be unto you this Easter Greg.
This is a beyond good interview sir Greg. Since I dozed off at 3:00 Am PSTime, I better listen to Mr. Wizard’s thoughts again. Will share on Zero Hedge too and Facebook. I have like 25 mostly liberal friends there and I’m sure it’ll go over their heads. I don’t know how you got Martin to stay on that long. He’s had a tough life but was right about most things- an amazing accomplishment. Surprised he spoke warmly of PM’s
And he certainly explained why in simple terms. The real estate property taxes disturbed me- we have a house here in Jerry’s Calitopia and I want to sell now, but my wife is being naive’ about our dire situation.
I’ve already moved my pickup truck off the AAA auto -home policy to GEICO so I can switch states quickly. Mail on its way soon out of state. I’m not paying for teacher/state/law/fireman pensions via the new taxes signed by moonbeam.
Thank you Russ,
I took me the better part of a year to book him.
Greg
HE is risen indeed! Thank you for the guest! i hope he can come back.
I’m predicting that Calitopia is going to have a big ass earthquake- it’s very obvious; and it will throw Jerry and Dem Co into a tizzy when their papered over finances/ unfunded pension liabilities unravel. They will raise taxes more and more people will leave. Being a sanctuary state, more freeloader immigrants will pour in. Rents will continue to skyrocket. Our property taxes will go up more and I’ll default. Thus the state will get our home. That’s why we should sell our home now- plus it’s near a BIG earthquake fault line. Alas my wife isn’t listening to me.
Dr. Joseph P. Farrell:
https://gizadeathstar.com/2017/04/trump-syria-rant/
Mohammad
Greg – Almost a whole hour with Martin Armstrong – A BIG THANKS!
Greg, you have to stop having this guy on. He is compromised. I will no longer listen to anything he has to say. I only got through a small portion of this interview before turning it off. First of all, why did you let him get by with saying that the IMF is corrupt, so there needs to be a different basket of currencies overseen by some different International Board? How would any other international organization overseeing the world reserve currency not become equally corrupted? Money corrupts. It has always corrupted. It has corrupted the US since the dollar became the world reserve currency. I will corrupt any other country or institution. Also (and this is where I turned it off), he said that you need currency to value everything, including gold. NO. YOU DON’T. Everything used to be valued in ounces of gold and/or silver. The dollar was valued IN SILVER, not the other way around. It is only recent history where everything has been turned around with the fiat world reserve currency. This guy knows that, but keeps spouting his BS. That is why I say he has been compromised, and why you should no longer give him your pulpit to spread his BS. Please, just stop.
I forgot to clarify one point when mentioning money and corruption. Money corrupts, and that is why it must be decentralized. The people should decide what is money and determine through their actions the quantity of money. That’s how the gold system operated so well except when governments became involved and started to peg their currencies to it, force their currencies down the peoples’ throats through legal tender laws, and then de-peg from gold.
It seems humanity is to spend its entire lifespan oscillating between man-made currencies and precious metals. I think when we stop this insane quest for perpetual growth we will learn to live sustainably and in balance with other natural resources. Unfortunately, societies need to reach a crisis before and meaningful change happens.
Well said, James. Those were my exact thoughts.
I’ve never been a big fan of Martin Armstrong and this interview did nothing to change that. Martin doesn’t seem to understand that, ultimately, gold (and silver) are the true anchor of the world financial system. In his world, it is clear that precious metals seem to revolve around the dollar.
I’ve read where some people have noticed that Armstrongs values regarding Gold vs fiat have changed dramatically since his incarceration Is it possible the FEDS had a little talk with him before his release and he’s been “enlightened” ? Just a theory
James, you said …. “I only got through a small portion of this interview before turning it off”, and then go on to disagree with him on the question of gold and currency and claim he “has been compromised.” It would be wiser to hear everything he is saying, within its context, before responding is such a silly way.
Read my comment above and you may better understand where James is coming from Kal59
I’ve listened to his interviews in full in the past. No more, and it’s not “silly” to make a reasoned judgment and turn someone off. I do it every day. Time is valuable, so don’t waste it listening to garbage.
Armstrong thinks real estate is not so good. Let me guess he will never, ever grow his own food and he doesn’t realize that farmers require such to grow any food or related commodities. I can say Jim Rogers and him might need a cage match to settle this issue. Can this Hairy Guy reserve a front seat?
If the banks fail and no one can get a mortgage, price of real estate plummets. I believe Jim Rogers sees farm/agricultural land as undervalued and a good investment.
Regarding real estate, boomers will likely be net sellers of real estate as
they seek to extract their equity and apply it to the rising cost of daily living.Will millennials have the income and credit availability to absorb the supply of real estate offered by the boomers in coming years?
A reordering of the dollar would curtail the available credit. No credit
no real estate market.
Investing in real estate is a crap shoot. Just ask the current crop of mall owners. Or late comers to Miami’s apartment frenzy. Or the excesses values in Calitopia.
Properties with special qualities would offer the best protection against a falling currency. Great location or spectacular view or amenities. I suspect agricultural properties with access to clean water would be in that category . Also this category of investment provides diversity in one’s asset mix. There have been many examples of a crashing currency over the last 10 years and gold has continued to protect investor wealth in every incident.
Harry I don’t think he’s talking about farmland when he refers to real estate rather single family residential and commercial property Farmland is a great idea if you can buy it right and not overpay IMO I’m looking at a small piece of farmland now to grow my own veggies and plant some nut and fruit trees
He said if you are 100% in real estate in one place you might have a problem if you have to move. He said real estate’s biggest drawback is that it is immovable. Having all your eggs in one basket is even worse if you can’t move the basket.
He didn’t say real estate was to be avoided, just consider having some movable assets too just in case the SHTF.
Thanks for having Mr. Armstrong on , Greg
Been following Marty for past 3 years.
He always tells the truth, like it or not.
Personally I feel privileged to know it.
Thank you Martin Armstrong and Socrates.
Thank you Diane. Trying to give as many angles to what is going on as possible.
Greg
Thanks for having MARTY on Greg, especially for on hour, the best guest you have ever had.
He has sources of information that we could only dream of
getting access to. I( have been following him for 20 years)
His track record is Phenomenal, anyone who has bet against him has been wiped out, including Governments.
It is no coincidence the movie “The Forecaster” was suppressed in North America
MA does not always tell the truth. He said near the end of the interview that he didn’t have children when complaining about Obamacare (Blue Cross and Blue Shield cards). He, in fact, has two children – a daughter and son (Martin Jr.).
And he doesn’t answer all questions directly. He squirms. Also, this man was incarcerated for 11 years; 7 of which for contempt. Everything from Ponzi schemes…to precious metals.
Mr. Hunter, Thank you for having this superb historian on your program. His ” take ” on human nature is spot on. In an ideal world ; real money could be issued by all nations by simply issuing notes denominated { and redeemable } in various measures of precious metals . A gram standard note , redeemable in measures of gold or silver internationally. This is proper idea is much too simple and elegant since it eliminates foreign exchange activities and bankers { except for their activities as financial intermediaries }. Anton Fekete can explain the method to address the so called ” scarcity of precious metals “. Mr. Armstrong has a history of informing people about how the real world works by his great website Thanks again for the history lesson.
Thank you Francis,
I worked on getting Mr. Armstrong for more than a year.
Greg
You know … instead of Trump ordering a full scale invasion of another country (without Congressional approval) on the Easter Holiday … should he not be following the word of Jesus who said “have mercy not sacrifice” … instead of making “burnt offerings” of human beings lets abide by the principles of the Son of God and show some mercy before rushing to war in the only remaining Christian Nation in the Middle East!!
PAUL: And what about GOD telling King David to go to war and kill them all. Men women children animals, Every living thing???
Abraham would spank all his offspring for squabbling if he were alive today.
This “God” sounds like “mad dog” Mattis!!!
Flattop … The 70 lead tablets recently discovered in Jordan says: “Jesus was fighting vehemently with his fellow Rabi because they were teaching and following the wrong God” (similar to what Trump is doing now following the wrong General) … any “god” that tells you to murder and kill women and children “is not” God the Father (and Mother) that Jesus taught us about!!! … these recently discovered lead tablets are going to totally revamp organized religion as we’ve know it today!!
Paul; Good luck with that. It aint gonna happen. Go read your bible, the book of Joshua .
Greg,
Just like in Syria, Russia/China are engaging the local tribes of Taliban into working with the government to direct the efforts towards fighting ISIS.
They held an 11-state peace conference that will form an alliance to fight ISIS which US snubbed and did not attend, instead we dropped MOAB (Massive Ordnance Air Blast) on Afghanistan’s Nangarhar province that will only tick the Taliban and derail all the efforts to line them up with the government against ISIS.
https://www.rt.com/news/384774-afghanistan-conference-moscow-us/
“US snubs 11-state Afghanistan peace conference, says Russia trying to ‘assert influence’. ”
Afghani previous president Hamid Karzai tweeted a condemnation to this bombing.
Obviously someone somewhere does not want to have peace there.
Mohammad
Mohammad,
RT is totally biased in Russia’s favor. Pull one story where RT criticized Russia/Putin without the reporter getting fired or quitting.
Greg
Greg, RT is biased but they do cover some stories that western media don’t want to touch.
Agree, but they can never criticize Putin or Russia. You always have to take that into consideration.
Greg
WOW…What a change of hearts Greg?
Mohammad
Happy Easter Mohammad.
Greg
Happy easter my friend.
God bless every one.
Mohammad
When are we ever going to get a break from all this insanity. Just read an article on zerohedge where a chemical expert from MIT states that the chemical attack was not dropped from the air. Looking at the picture of the chemical crater also looks like the chemicals weren’t set off by a bomb dropped from the air on a munitions dump either. That would mean the whole story told by the US Government is fake.
Remember … Assad’s chemical weapons were “nerve gas agents” (saran gas) … if this chemical attack contained “saran gas” it would have “killed the first responders” on the scene who were not even wearing gloves … what “was” killing the women and children in this attack was a “phosgene chemical agent” (a choking agent) found in the Libya chemical weapons Hillary shipped up to ISIS from Benghazi … doesn’t anyone in the MSM or on Trump’s intelligence team know that Assad’s saran gas weapons were removed destroyed aboard a Russian ship in the Mediterranean years ago? … this is obviously a false flag … another sin of the Satan worshipers to get WWIII started … to remove and destroy the only remaining Christian nation in the Middle East … and just to poke it in our eye … invade this nation (Syria) with over 10,000 US Troops (without Constitutional approval) on the Easter Holiday to boot!!!
Sputniknews is reporting a US coalition air strike in Deir Ez-Zor province bombed a Daesh warehouse which released chemicals which killed hundreds of people including civilians. I want to find confirmation of this story now.
I have not been able to verify this from other sources but it has been reported again in a different article.
Your confirmation can be found … just by the fact that the “first responders” on the scene were not felled by “saran nerve gas” which would have immediately put them down … this chemical released was a choking agent (phosgene) only found in the Libya chemical weapons Hillary shipped up to ISIS from Benghazi and were probably being stored to be used against Israel “as a false flag to be blamed on Assad) to get WWIII started!!!
You know … Trump and his intelligence advisors knew that phosgene “is a chlorine based choking agent” and was not an Assad “saran gas” weapon … so the 59 Tomahawk missiles launched upon Syria was “Prima Facie” illegal based not only upon the chemical evidence but upon the fact that this nation (Syria) did not even attack the United States of America!!!
Trump is setting a very bad precedent that could be very harmful to Israel in the future … what if the UN takes Trumps lead and decides to bomb Israel (because lets say they killed some Palestinian women and children with “white phosphorus”) … if there is not going to be respect for international or Constitutional law then the entire world will be free to invade any country they wish!!
All those hot news are on the heel of 3 day market holiday ….Hmmmmm…
Mohammad
This interview is exceptionally good IMO. I began following MA’s views when his firm was Princeton Economics International during the late ’90s before the Clintons had him thrown into federal prison (entirely unjustly IMO) when he got in the way of some swindle they were pulling in Japan.
I will carefully venture one point of disagreement with MA’s comment that gold standard money does not work “because they fixed the price of gold but didn’t fix the number of dollars,” or something close to that. The primary principle of classical economic theory is that the value of the monetary unit should be as stable as possible. This is why gold is the best suited measuring stick of value: it does not change over time, either by rusting or otherwise. With this in mind, currency exchangeable at any time for a stated amount of gold keeps the value of the monetary unit stable by allowing the number of units (dollars) to expand when production grows and more dollars are needed. The expansion occurs automatically when people decide they need dollars more than gold, so they turn in their gold for dollars and the money supply expands.
‘Nuf said. I’m happy to see MA free again, and looking and sounding well. Thank you again for this fine interview.
Greg,
Aha…..The cat is out of the bag now:
https://www.nytimes.com/2017/04/12/opinion/why-is-trump-fighting-isis-in-syria.html
“Why should our goal right now be to defeat the Islamic State in Syria? Of course, ISIS is detestable and needs to be eradicated. But is it really in our interest to be focusing solely on defeating ISIS in Syria right now?”
“If we defeat territorial ISIS in Syria now, we will only reduce the pressure on Assad, Iran, Russia and Hezbollah and enable them to devote all their resources to crushing the last moderate rebels in Idlib, not sharing power with them.”
“So what else could we do? We could dramatically increase our military aid to anti-Assad rebels, giving them sufficient anti-tank and antiaircraft missiles to threaten Russian, Iranian, Hezbollah and Syrian helicopters and fighter jets and make them bleed, maybe enough to want to open negotiations. Fine with me.”
BIG HMMMMMMMMM……………….
Mohammad
Mohammad,
The NYT is not doubt a CIA propaganda rag and I believe very little of what it says, especially its political analysis. You can’t have it both ways.
Greg
Mohammad: Why should our goal right now be to defeat the Islamic state in Syria??? How about their beheadings, the rape of innocent women, the killing of innocent men.
Did you read my post ?
Am quoting from NYT article.
Read first then comment next.
Mohammad
What can we do? What should we do first?
1. Learn to garden by planting one now! If you have a lawn that gets sunlight you should have a garden
2. Learn to grow micro greens and sprouts indoors, very simple and highly nutritious. YouTube has many video. Start growing now.
3. Store one years worth of freeze dried food in #10 cans – 25+ shelf life. Pay attention to calories per serving and other vital nutritional needs as you need to plan what you buy and store carefully. I know people who stored mostly vegetables and fruits and dont have near as many calories as they think.
4. Store at least two weeks worth of water at one gallon per person per day. The more the better…
5. Make sure you have several ways to filter contaminated water. you should have a Berkey water filter or equivalent being used for all tap water that you drink or cook with now…
6. Keep Stacking…
If nothing bad happens to you and the economy, country, etc does great you benefited by the great food you grew, the exercise you got growing it, and the peace of mind you got by being prepared… And when retired if you run out of money before you die you at least get to eat all of your freeze dried food for a year…
Greg,
Great interview with Mr. Armstrong. He had an interesting take on the reason for gold confiscation in the 1930’s and I’ve heard him explain the issues with the Euro creation and it’s inevitable collapse. Despite all the criticism he takes from others for being in jail for years he has insights that others should listen to IMHO.
This discussion was s good way to kick off the holiday weekend. As you wrote Greg – Christ has risen!
Happy Easter everyone!
Thank for your post ,Mark.
Not that many people were able to see his movie THE FORECASTER I live near Pasadena ,California which was one of the few places it was shown. So. California and New York.
I saw the movie three times. I rarely watch movies.
This man, Martin Armstrong is a very special man.
Thank you Greg fo the interview.
Great interview, Greg. Thanks and Happy Easter!
Greg;
Great interview, one of the best yet. Armtrong has a common sense in his reasoning without the usual overkill responses.
Agood weekend to you and yours and all you watcdogs.
So a sovereign nation, or entity such as the EU, may bifurcate its currency into domestic (internal) and international (external) versions. If they remain fiat currencies, backed by nothing but confidence in the issuer nor redeemable for any tangible asset, how is that different than the current practice? The form of these fiats, e.g., an SDR-like basket of (weighted) currencies, is not the primary issue. Internal and external, both must operate within some type of a banking system/structure. (Put aside for the moment whether or not tradtional banking is separated from investment services, per Glass-Steagall.)
Will this structure be a state/national bank that is publicly-owned (witness North Dakota or Syria)? Or one following the Central Bank debt-based model using fractional reserve banking to enrich its cabal of private owners (as we now have with the FRS-ECB-BOE-etc)? Debt saturation/enslavement is inevitable as the final phase of the latter, no matter how well the early phases of its cycle may mimic genuine propserity. So unless and until the world moves away this, in another century — assuming we humans haven’t committed omnicide in the interim — we’ll be right back where we are now. That’s a pretty good operational definition of Einstein’s remark about insanity as the repetition of the same thing in expectation of a different outcome.
Bonds could crash (Armstrong, Pento) or soar (Mannarino, Belkin). The global fiat reserve currency could be the USD, could be the Yuan. Short equities, or go long. But banksters, you just gotta love their structure that guarantees “Heads I win, Tails you lose.”
Always worth a listen. No one has the corner on who, when, what, why, where, so you have to listen to a variety of sources. I can’t say I agree with his take on what drives gold prices. Gold was constant in price at $35/oz for much of the 60’s, but do you think the US public’s trust was constant during this decade? Then gold goes up nearly 6X from 1971 to 1975 when Americans can’t even buy gold. It then went up 24X by the end of the decade from it’s value in 1971. Did distrust in the government also go up 24X during the 70s but not the 60s? With the approval rating of congress in single digits for some time, why has gold been in a downtrend (up to the end of 2015). Did the public’s trust in the government improve during 2011 to the end of 2015?
Although I’m not qualified to talk about what drives the price of gold, I understand the price of oil is a big one, as it is one of the largest cost components in mining newly available gold from the ground. As nearly all of the gold mined still exists and doesn’t change hands very quickly, I can see the price of gold is what it’s current cost of obtaining newly mined gold is. As oil is a key contributor to mining gold, what makes the price of oil go up or down? You are probably down to key factors such as supply/demand, availability/scarcity, inflation/money supply and geopolitical forces/agendas. Although oil is a big component in the price of newly available gold with all it’s price factors, gold probably also has it’s own set of similar factors affecting it’s price that oil has. In addition, it has an emotional (fear/greed) element built into it’s price.
I’m sure those Syrian gas attacks are not what the MSM purports them to be and I’m convinced the ramping up of military activity is an effort to boost the price of oil. This will get more liquidity into the banks, bolster the US domestic shale oil efforts and stimulate the US economy (defense expenditures contribute to GDP). Radical and dramatic action is required to juice the economy is what I figure the deep state deems fit. Sadly, debt is turned to as the only thing that seems to be able to drive GDP.
Good points. I feel gold finger’s fiendish plot to increase the value of his physical Gold holdings in the 60s by irradiating the fort Knox holdings would not work now as the powers that be would just dump more paper gold on the market.
Yes … the Syrian gas attack “is not” what it is reported to be by the MSM and the “Deep State” … remember when Hitler said “I didn’t kill enough of them” … well according to the MSM and the neocons (who constantly vilify Russia) Hitler was right … so they want to attack Russia (to kill more of them) and are willing to put American men, women and children at risk of nuclear annihilation in order to achieve their immoral goal!!
The Demon-rats and “Deep State” neocons look upon Americans as a bunch of “really dumb bozos” that they can rape economically and be used to sacrifice their lives to fight “other peoples wars” … these Satanic Pedophile Demons have gone too far … God is going to make them pay dearly for their crimes!!
Johnnie…
Given your comments about PM, oil/energy-related matters and their supply/demand constraints, you might want to look at articles by Steve St. Angelo (of SRSrocco Report), e.g., http://news.goldseek.com/GoldSeek/1470838260.php . Basically, the concept is evaluating such domains through the use of energy in cost/benefit units: how much profitable energy is produced (results) from the amount of energy invested (consumed) to produce it. It’s called EROI = Energy Return On Investment.
PMs reveal the continuing depreciation of purchasing power of debt-based fiat currencies. So governments actively work to keep PM prices down, or prevent them from rising too quickly or above certain levels. So the picture on PM price drivers has been muddied by price suppression-manipulation for many years now. GATA proposed this a long time ago, initially scoffed at. Only recently has PM-smasher Deutsche Bank not only admitted its criminal liability, paid fines for it, but also agreed to name its co-conspirators.
Yet the COMEX still continues its PM-suppression through paper claims on limited physical stock. This is achieved by naked shorting with no intent to deliver physical, merely rollover of paper contracts. Andy Hoffman of Miles Franklin for some time now has graphically portrayed the very consistent price-smashing of PMs.
According to Israeli reporter, Steven Ben-Nun, Assad outlawed GMO’s from Syria in 2012, because he didn’t want his people to be poisoned. If only America had leaders concerned with our well being. They won’t even give us honest news. Fake news! Fake food! Fake leaders!
http://beforeitsnews.com/alternative/2017/04/u-s-japan-and-china-preparing-to-attack-north-korea-3499229.html
Robert Good for him As a doctor he should know Perhaps that’s another reason TPTB want him gone He’s stunting their business growth in that region
And a man worried about “the health of his people” (by outlawing GMO food) is then going to gas them to death???
Always grateful for your interviews Greg! You are among a small handful of individuals on the internet who bring meaningful content and insight into the complex subject matter that is purposely shrouded by the mainstream. Having said that, I was a bit disappointed that an essential concept unique to Martin Armstrong’s perspective was not investigated: that equities will rise rather than crash. You started to ask him but let it go without getting an answer. Martin has been calling for a $50 000 Dow…a very significant divergence from the opinions of most pundits you interview! I believe it is worth discussing at length as the implications of this notion are massive. Essentially, as economies collapse around the world, the US will be the last economy standing because it’s the biggest and because it represents the deepest most liquid pool of wealth on the planet, money from around the world will pour into it causing equities to rise a lot higher. There may be people intending to be short equities who would benefit from hearing an in depth discussion about this concept of flight capital.
In another vein of thought, I’ve been so disappointed to see Trump essentially morph into the Bush/Clinton/Obama globalist agenda that I could not understand how anyone would still support him. I experienced a flicker of hope when listening to this from Dave at X22 Report: https://www.youtube.com/watch?v=5bMzFzM79fw It seems like a bit of a reach but I’m always ready for a surprise.
Happy Easter Greg.
David,
Please don’t believe all the MSM propaganda and hype. Lot’s going on behind the scenes. Everything for Trump is a negotiation.
Greg
Greg,
I haven’t believed anything the msm has said for many many years; it is only due to the internet and the birth of newscasts like yours that I have started to ‘tune in’ to the discussions of others. As far as Trump goes, it is not enough to assume he’s simply doing big boy things behind the scenes; it’s time for people to drop the ‘politics as usual’ mindset and acknowledge that this is civil war. The American people are about to suffer severely from the financial crimes of the same elite whose evil thirst for power has the entire planet on the brink of war. Is this not why Trump was elected? It would appear Trumps actions, statements and demeanor are more in alignment with the interests of the deep state than the Constitution and the people of the US. Do you really believe Trump is engaged in the heroic self-sacrifice of a counter coup against the deep state? Why? We need intelligible evidence or reasons for such thoughts; so far I’m only hearing what sounds like hopeful speculation and hope should not interfere with critical thinking and impartial reporting. However, whether Trump is hero or psy-op, the markets care not…wealth always finds the path of least resistance, which was the main point of my previous comment. I am perplexed by your lack of interest or acknowledgement with regard to flight capital and rising equities in a crash. This is a subject with historical precedent and one that has massive implications for the survival of the people who depend on you and your guests for negotiating their way through the coming wealth transfer successfully. There are quite a few knowledgeable people such as Martin Armstrong who are warning of a rise in equities; why ignore this possibility Greg? I have tried to engage you a few times on this, but this seems to be off limits???
David,
I am not ignoring it. Catherine Austin Fitts has also warned about a rise in equities but also warned of a crash. She says the odds of either is 50/50. You do realize the entire market is a fraud? The Fed has a trading desk. If you want to “invest” in that, go ahead.
Greg
I’m aware that the entire market is manipulated by a fraudulent Fed, but even the Fed can’t control global capital flows, breakers may trip giving the Fed time to adjust their own positions but they cannot control what is coming. Your comment would have been an excellent lead up for an elaboration on the dynamics of global capital flows by Mr Armstrong.
Speaking of Catherine Austin Fitts….I do hope you interview her again soon….she is one smart lady and your interviews with her have been among your best!
Thank you Greg.
David,
You cannot brush over the fact that the Fed (that can print money digitally at will) has a trading desk. The Fed trades everything under the sun. Gold, silver, bonds, derivatives, LIBOR, currencies, copper, wheat, pork bellies . . . you get my drift. There are NO markets and there is no “investing” when it is a rigged game. It IS a casino and all the best to you getting your winnings out the door when the Fed stops money market redemptions as 4-time best-selling author Jim Rickards pointed out in he last interview on USAW: https://usawatchdog.com/money-riots-coming-in-next-financial-collapse-james-rickards/ The idea of “global capital flows” in a totally rigged market is absurd. I for one am not going to pretend this rigged game is NOT going on. Good luck in fantasy land. This is not a combative answer, but a friendly warning that something is very wrong with the “Markets.” Or better put, “Run Forrest Run!!!!”
Greg
No offense taken, the only investments in my “fantasy land” are physical bullion, provisions and family; but I think the ecosystem of the global markets is too big, complex and dynamic to be telegraphed by computer geeks at the Fed. Something will cause the lid to come off the markets and no amount of rigging or manipulation will prevent it or control it. Nobody knows which way things will go, but is it “absurd” to speculate? Methinks you wouldn’t have a show if it was.
David,
I think we finally agree!!
Greg
Sir (Mr Armstrong)
You may be an expert but your take on where we are going without some sort of peg to gold is completely an utterly ridiculous.
How do you have a peg against a basket of currencies that are being devalued on a daily basis and whats more fiat currency is backed by thin air.
Gold is production and that is how the world ticks.
Jim Rickards is spot on with his thesis. It is the only way to discipline irresponsible governments and bring back free markets.
https://www.youtube.com/watch?v=dvqpMN_Bl1Q
RED DAWN_NORTH KOREAN INVASION!
https://www.youtube.com/watch?v=Bo5d6tmzwos
Seattle Washington is surprised by the surreal sight of North Korean paratroopers dropping from the sky. The U.S. has been invaded and their hometown is the initial target. Citizens are held as prisoners while their town is under enemy occupation. Determined to fight back, a group of young patriots hide in the woods, reorganizing themselves into a guerrilla groups of fighters. Taking inspiration from their high school mascot, they call themselves Wolverines, banding together to take back their freedom.
Filmed in Detroit Michigan, the wolverine state of.
https://www.youtube.com/watch?v=nGoe7BdGdlg
Red Dawn TRAILER (2012)
https://www.youtube.com/watch?v=noemS9GhOyE
Free full movie
Prophetic movie?
https://www.youtube.com/watch?v=fNZp2ctJeC8
Downloadable in HQ
Lloyd Kerr
Seattle Wash would welcome the NK paratrooper as illegal aliens and therefore worthy of voting in our next election.
Agree Flathead,
Look what the NK did for Detroit. They took a war zone and turned it into a Hollywood set! The locales got work and eat another day! Hurray fer Jollywood!
PS. Detroit by the way is now out of Bankruptcy, thank you Kim Jung whatever, fatso!
BAM ! BAM ! POW!!!! Three excellent Interviewees in a row! I’ve been following Armstrong throughout, he’s very tough to find on the net. Thanks Greg. Awesome!
… PS: You still have that audio lag, you may want to check that out.
It would be wiser to understand what he is saying before commenting, that way you will not look so foolish. Firstly, contrary to what you “heard”, he moved out of New Jersey because of the taxes. Secondly, he has not recommended “invest everything into real estate” in this crisis. Try and listen, it will help you understand.
Greg, thanks for a great interview. I regularly read MA’s blog. He has a unique handle on what is happening, and it is clear that he is not driven by either conspiracy theory or some vested interest. Lastly, he presents a global perspective, which is often lacking in others.
GREG: An international dollar and a domestic dollar, each of different values? If I were to travel internationally, would my domestic dollar automatically become an international dollar, or would I have to go to the dreaded money changers???
Flattop that’s exactly what I wanted to know as I travel a lot overseas
Flattop,
I think you’d have to go to the dreaded money changers. I suspect the international dollar would be digital and time-constrained; it would automatically convert back to domestic dollar within a time frame.
The one ounce Silver Eagle is currently our “international dollar” … we don’t have to wait for one to be issued (as Armstrong and Jim Willie keep telling us) … the domestic “greenback” is our “schist dollar” … however when traveling internationally abroad it is going to be very cumbersome carrying around a bunch of silver coins … so what will probably be done is have you turn in your silver coins and buy “international dollar travelers checks” (backed by your silver on deposit at American Express or Barkley’s ) … therefore everyone should be accumulating your “international dollars” now … as it will become almost impossible to travel when you need 760 “schist dollars” to buy one “international dollar”!!!
And those who think they can simply buy an American Express international dollar travelers check with their “schist dollars” when the time comes will be in for a big surprise … “schist dollars” won’t be accepted by American Express … because the “schist dollar” would be subject to depreciation during your international trip … while the “physical silver” on deposit with American Express will retain its value!!
Greg,
Excellent interview! I want to thank you for your stability and level-headedness during these turbulent times. During the election season when many were saying things were hopeless and the fix was in you gave everyone encouragement. With your response to folks quickly going into despair over some of Trump’s recent decisions you continue to provide hope and a balanced perspective. You are a unique individual, and I value your efforts greatly.
Blessings,
David H
David H; I agree. We are fortunate to have people on Gregs site who are qualified to criticize the decisions of our President. Surely they must have access to the Presidents intelligence information.
Greg,
Looks like China/N.K. worked something that saves the face of the fat boy / and US is not forced to answer and every one called it a day:
https://www.rt.com/news/384904-korea-pyongyang-missile-launch/
Appears to me the situation is deescalated.
Mohammad
HMMM…Greg …and CAF mentions being concerned about ‘entrainment’ !
https://youtu.be/-RND66VZ8DY
PRION PROTEIN? LIKE IN KURU AND SPIRIT COOKING SUBSTANCES?
https://en.wikipedia.org/wiki/Kuru_(disease) from eating dead people…anyone remember anyone having neuro /skaking/tremor problems running for office lately? lol
or the list of chemicals just mentioned that are also reported to be in the CHEM TRAIL INGREDENCES? STRONTIUM – BARIUM – ALUMINUM DUST to replace the copper… zombie apocalypse? Homeland security purchase millions of rounds and does zombie civil unrest training?
So what you are saying is Hillary ate and drank too much human flesh and blood and now has “mad cow disease”? … thank God knows just how to punish all these Satanist pedophile child molesters “who eat human flesh and drink human blood”… these wicked evil people will be shaken to death as their nerves fire sporadically in uncontrolled tremors and their brain ganglion’s twist and clog giving them Alzheimer dementia so that they won’t even be able to comprehend the meaning of all the money they stole!!
Fascinating , Highly Entertaining!
https://www.youtube.com/watch?v=XbJ1FLvvFUo
Roger Stone Full Interview w/ Meet The Press Chuck Todd 4/13
More Stone! 4/15/17
EXCLUSIVE: Roger Stone Dishes On Latest White House Power Struggle
https://www.youtube.com/watch?v=Ce-pspFupYA
Here’s that Roger Stone/Chuck Todd interview they took down. I’m sure they’ll take this one down too here on USAWatchdog.com again, so enjoy while you can!
https://www.youtube.com/watch?v=Ehszm3HDUNA
Roger Stone Full Interview w/ Meet The Press Chuck Todd 4/13
Thanks so much, Greg, for interviewing Armstrong. Your guests always provide thoughtful and independent analyses. Even if their answers don’t agree, at least they have the presence of mind and a sense of reality to ask the hard questions. And they agree for the most part on the facts which lend themselves to an analysis (most people can’t even do that because they don’t know what the facts are). (Don’t let the quality of your guests though discourage your weekly wrap-up.)
Where’s Greg?
I am here Rob.
Greg
Greg,
Happy Easter or better said, Happy Resurrection Day!
Amen Shawn!
Greg
Greg,
More deployments of US army overseas contrary to the promises of Mr.Trump.
Seems like closing up the Red Sea neck bottle .
Al hudaida in Yemen.
now the other side in Somalia.
(both are the opposite sides of the narrowest part of Red Sea)
https://www.rt.com/usa/384941-us-army-deployed-somalia/
“US army makes largest deployment of troops to Somalia since ‘Black Hawk Down’”
Am sorry Greg I know what you think of RT but no one else is talking about this.
Mohammad
Somalia WTF I thought we learned our lesson to stay the heck out of that place in the past This WILL NOT end well
For the sake of the Greater Israel project they need to secure Red Sea.
Somalia on one bank and Yemen on the other will just do that.
Mohammad
Mohammad,
WHAT about all the Muslims that want to wipe out Israel. Let’s talk about that because that is real. Why are you not concerned about the atrocities committed by the so called “Religion of Peace”? It’s documented here on a daily basis: http://thereligionofpeace.com/ Hard facts my friend and not speculation.
Greg
Do you really have the guts to talk about it Greg,
I will if you wish:
All lives are precious. That is my stand on it and the stand of every sane individual, however statistics can be blunt but numbers may expose FACTS…That being said and this is the premise of a civil dialogue, here comes a question, question I dare you GREG to answer:
DARE YOU TO ANSWER:
How many Israelis did the Palestinians kill over the years of conflict?
How many Palestinians did the Israelis kill over the same period of time?
DARE YOU TO ANSWER.
Once you answer this one I have a harder question for you to answer. IF YOU ANSWER THE FIRST…!
Mohammad
Yes Mohammad I really have the guts to talk about this and much more. Let’s widen it out, shall we? According to “Political Islam by Bill Warner . . . the killings for Islam throughout history. Approximately 270 million nonbelievers died over the last 1400 years for the glory of political Islam. These are the Tears of Jihad which are not taught in any school.” http://www.cspipublishing.com/ and another source: http://markhumphrys.com/islam.killings.html This is well documented stuff. Here’s another recent article by American Thinker that calls Islam a “Murder Machine.” http://www.americanthinker.com/articles/2014/05/the_greatest_murder_machine_in_history.html
Let’s not forget the website that documents the terror and murder of Islam on a weekly basis: http://thereligionofpeace.com/
You simply cannot find this kind of track record of murder or terror in any other religion on the face of the earth. I’ll be the first to say it’s NOT all Muslims that do these kinds of crimes, but the religion is so big that if just 10% are the ones committing these types of crimes, then that is around 160 million people world wide. Of course, the huge spike in rapes and crime in Europe is directly tied to Radical Islam and Muslim refugees, but I digress. So whatever the answer is with Jews and Palestinians, it pales in comparison to the track record of Islam over the past several hundred years.
Greg
You did not answer my question and you danced around to history .
I can answer the question but I wanted you to do the search hopefully you see the truth of what is Israel all about.
Mohammad
Mohammad,
I answered your question. You just did not like my answer.
Greg
Well said …. and a fair summary. The fact is, that Islam was founded by the sword from the days of Mohammad. That fact alone has provided justification for all the abuses that have come since. Furthermore, Islam believes in world domination, so this is not and will not simply be a regional problem.
Let me give you Greg one sample of the conflict by the western media not me…Hmmm:
http://www.bbc.com/news/world-middle-east-28439404
“Between 8 July and 27 August, more than 2,100 Palestinians were killed in the Gaza Strip, along with 66 Israeli soldiers and seven civilians in Israel.”
So in one month the ratio is 30 : 1
AND YOU CAN EXTRAPOLATE FROM THIS MODEL to the rest of the event of the conflict, I did not include the wars Israel fought in M.E. and the civilians killed in Lebanon/Syria/Egypt.
Do you want me to continue?
DO you still have the gut to get at the numbers?
By the way your post’s link is full of BS and here is a link to refute it, read it at your leisure:
http://littlegreenfootballs.com/article/39361_Fact-Checking_Pamela_Geller-_270_Million_Victims_of_Islam
Mohammad
Mohammad,
Who the hell is littlegreenfootballs.com??? This “fact checker” is totally bogus and anonymous. It says “These figures are a rough estimate of the death of non-Muslims by the political act of jihad.” The facts stand and there are many sources to support the murder and terror by Islamic radicals. I just posted a few very good sources. So, I call BS on your BS. You simply CANNOT and WILL NOT criticize Islam in anyway, even if it is Radical Islam killing Muslims (and Muslims are also murdered by the millions by Radical Islam!!) Please don’t forget the real time website TheReligionofPeace.com: http://thereligionofpeace.com/ The numbers of murdered people and sourcing for those numbers is stunning.
By the way, You gave a 30 to 1 Israeli to Palestinian body count, but you did not say when those numbers were compiled. This was in the middle of the 2014 rocket attacks where Hamas was shooting thousands of rockets into Israel from schools, hospitals and civilian areas (in Gaza) in order to get a high Palestinian body count when the IDF returned fire. Total cherry picking distortion and more BS!!! Israel protected itself and what country wouldn’t. Case closed. You just hate Israel and the Jews. It really is that simple.
The numbers are there but blinds like you do not see it.
Blinds like you do not see that the wealth in the west was paved by the Muslim physicians, scientists physicists poets and musicians .
When Europe was amputating the infected limbs and burning witches Muslims were establishing university in Spain to teach.
History is open to read but your hatred makes you hung on one track only. difficult to make you see because heart is filled with hatred.
Clean up your heart Greg.
Mohammad,
I see facts and numbers. There is nothing wrong with my heart, and the numbers are the numbers.
Greg
God bless you Greg.
One day you will know that Muslims love and care.
one day you’ll see.
Mohammad
Greg,
I reported earlier the ratification of US including Montenegro in NATO again.
Here comes the answer quick:
https://www.rt.com/news/384950-serbia-s300-russia-belarus/
NOT GOOD.
Frederick…
Your area is getting HOT.
Mohammad
Greg,
major political victory to Erdogan that will have a significant impact on the coming events in M.E.
https://www.rt.com/news/384943-turkey-referendum-ballot-count/
Mohammad
EYE-TO-EYE
Martin Armstrong is my man whom I read ( his public blogs and commentary) on his public website. I especially enjoy his unbiased, sound knowledge and independent financial advice. No herd following with Martin.
Your mild attempt to get Martin to endorse gold as a currency alternative did not change his general recommendations against gold as an investment. ( He only considers gold as “insurance” against government failure). Other than that, pretty much eye-to-eye views here.
http://i1340.photobucket.com/albums/o733/deridolls/historic/Robespierre_zps350bbf65.jpg
Greg,
A preview of the coming movie:
http://www.zerohedge.com/news/2017-04-16/out-cash-more-90-india-atms-run-dry
Mohammad
Greg,
Thanks for having Martin on. I agree with Martin. I don’t know why others have such a difficult time understanding that the more reserve currency you print, the more valuable it becomes. USA will bomb its way back to the richest nation on Earth. I enjoyed the Socrates part of the interview. Thanks to Martin’s time in the big house, he is an excellent counterpart to truther interviews. I am sure he will go down in the anals of something, as I am sure Bubba went down in the anals . . .
GREG: Of all the commentaters you have on, this guy seems to have the best outlook. I think you hit a home run with Mr Armstrong. Keep up the good work , and keep on keepin on. God Bless
Greg,
When I read the head line I could not help laughing.
http://www.reuters.com/article/us-france-election-pen-idUSKBN17J1FU
“‘I will protect you!’ Le Pen tells voters ahead of presidential election”
Translation:
“I will F@ck you”
LMAO
Mohammad
Greg,
Seems we have a loose cannon on our side too :
http://www.reuters.com/article/us-usa-russia-trump-media-idUSKBN17J16D
“Burying ‘Trumpomania,’ Kremlin TV says Trump scarier than North Korean leader”
Mohammad
Mohammad,
Do you have the freedom to trash your leaders and government in you country of origin? Just asking.
Greg
Trashing?
I am posting FACTS.
He is poking every where for WWIII.
What this has to do with trashing?
FACTS GREG.
HARDCORE FACTS.
Mohammad
Flipper-In Chief according to Zerohedge:
http://www.zerohedge.com/news/2017-04-17/john-mccain-i-hope-trump-has-been-sucked-washington-establishment
Mohammad
Mohammad,
Please don’t fall for the MSM hype that continues to try and destroy Trump. “A wise man seldom changes his mind, and fool never does.”
Greg
Are you blind Greg ?
He is deploying troops in Somalia/Yemen/Australia/Syria….
What else you need to know that he has flipped on every promise he made?
Can’t you see?
When will you wake up? when nukes fly allover the places?
Bring Robert Steele on, what are you afraid of ? exposing whom you fell into his hand?
Mohammad
Hi Greg,
On this Easter let us recall that, as the apostle Paul has written, “for as many promises of God there are, in Him is the Yes; therefore also through Him is the Amen to God for glory through us, but the One who firmly attaches us with you unto Christ and has anointed us is God, He who has also sealed us and given the Spirit in our hearts as a pledge.” ( 2 Cor. 1 :20-22) or, as the KJV 1611 edition reads: ” For all the promises of God in him are yea, and in him Amen, unto the glory of God by us. Now he which stablisheth us with you in Christ, and hath anointed us, is God; Who hath also sealed us, and given the earnest of the Spirit in our hearts.”
Now God has designated, or marked out, Jesus as His Son in power by the Spirit of Holiness through the resurrection from among the dead, a Man Who came out of the seed of David according to the flesh. (Romans 1:1-4) so that in Christ, not only all the descendants of Abraham, whether those of Isaac, being a child of promise and born of a free woman, or those of Ishamel, being born of her who was in bondage, but even we ourselves, we who were born of neither yet who walk in the steps of that faith which our forefather Abraham had while in uncircumcision may, like him, have our faith accounted to us as righteousness, so that having been justified out of faith, we have peace with God, we who have believed on the Lord Jesus Christ Who was crucified for our offenses and raised for our justification.
That is why I say to you Greg, and to all who come here to read and post and receive the testimony which God has testified concerning His Son, the grace and peace of our Lord Jesus Christ be richly with your spirit. For “God has not given to us a spirit of fear, but of power and of love and of a sober mind” (2Tim.1:7).
____________________________________________________________
3 Common Foods Surgeons Are Now Calling “Death Foods”
Interesting guest, whom was right about one obvious thing. Gold is starting to stink as an alternate investment. Inflation is here and Gold is stagnant. Smart investors are buying other real investments to provide for their futures and families.
I’d like to see Greg do an interview with Mark Dice. Now that’d probably be a little different than his other interviews! Plus Dice is getting hit hard these days. Most right Alt is. Questions can maybe be based around that.
Thanks You Greg for what you do.
Paul
Paul Anthony,
Good idea.
Greg
Greg,
I have not seen this in any news media, but sources here indicates that an American military cargo plane landed in AREAQ airport (military airport) in Bekaa Lebanon which is considered the stronghold of Hizbullah .
I cannot confirm it from other media sources but Alarabiya is the Saudi news outlet:
https://www.alarabiya.net/ar/arab-and-world/2017/04/18/أنباء-عن-هبوط-طائرة-عسكرية-أميركية-بمطار-رياق-اللبناني.html
“فادت مصادر لـ”الحدث” أن طائرة شحن عسكرية أميركية حطت للمرة الأولى في #مطار_رياق_العسكري في منطقة #البقاع.
وأشارت إلى أن الطائرة أفرغت حمولة من المعدات.
يذكر أن #الجيش_اللبناني يستخدم مطار رياق كمهبط للمروحيات، فيما ترددت أنباء سابقاً عن نية الأميركيين إقامة #قاعدة_عسكرية في هذا المطار، يمكن الاستعانة بها في العمليات العسكرية المقبلة في #سوريا.”
Translation:
“According to sources for the “event” that a US military cargo plane landed for the first time in the # military airport _Areaq in the area # Bekaa.
The aircraft had unloaded a load of equipment.
The Lebanese army is using Rayak airport as a helipad, and there have been earlier reports that the Americans intend to establish a military base at this airport, which could be used for future military operations in Syria.”
IF THIS IS TRUE and I have no reason to think otherwise factoring in the source, it means that the Lebanese Army with the president are flipflop on Hizbullah….
THAT IS A GAME CHANGER FALKS…WATCH THIS ONE CAREFULLY…IT IS BIG…!
Mohammad
Greg, More less heard or covered voice some on here may not have heard….
Jonathan Sugarman: https://youtu.be/fuAQO-jkjwM
L.A. Marzulli: https://youtu.be/6839GHfAXZ0
Horst Mahler: https://youtu.be/ZmKDGjf3P_8
Marco Saba: https://youtu.be/TNT2HUPgCu4
J O,
Not one top criminal banker has been jailed.
Greg
It’s very evil what they did to Horst Mahler. Germany should be ashamed. There are some type of Nazis are in charge again. There is no freedom there. Very sad. 🙁
Thank you Greg for having Martin Armstrong on. I follow his blog and know he is busy with Socrates, so to get him for an hour interview is amazing. We are fortunate that he is sharing his knowledge and expertise with us and he has more real world experience and understanding of history & global issues than anyone I can think of.
Lots of commentators here don’t like his view on gold/silver but he (Socrates) has been dead on for years. I thought it was very insightful when he said that govt’s will just do whatever they want when trouble comes to the financial system. Extend 90 day bonds to 10 year bonds is what they did – so they can easily cap gold/silver prices/ tax it severly or even limit/outlaw it all together. History repeats. Try going out and using silver dollars as money – no one will take them except at face value – except maybe .001% of the population who want silver now. What happens when it comes time to unload it and turn it into usable currency? Will be interesting to see how this plays out but I am more inclined to believe someone who has MA credentials than some commenters here.
Thanks again for a great interview.
Roger,
Trouble has already come to the financial system and it is worse now than it was in 2007/08 – debt has spread like a cancer throughout the western financial system and bubbles are apparent in real estate, bonds and stocks. It is very hard to be a value investor in our markets – these low rates have distorted reality on an epic scale. The current financial system is built on confidence and when that is shaken then you better have some gold/silver and very little debt. For years we have been riding the wave of declining rates which has allowed us to assume more debt and the ability to service that debt. Now, the party is soon to be over. The US economy is based on consumer spending and with the consumer massively in debt coupled with declining real wage growth this is not going to end well when rates start to rise. The issue: rates need to rise to attract buyers in our capital markets but if the rates rise it will take an ever increasing % of collected taxes just to service the debt. Compounding this reality – who is going to loan us money when we are 20 trillion is debt? What will be the social ramifications when government programs are sacrificed for debt service? What will happen to pension funds if rates do not rise? IMHO – there is going to be a crisis of confidence because of the manipulation – the spring has been coiled tighter and tighter over the past thirty years and it is going to break because markets have not been allowed to clear the bad debt.
Greg,
Jordanian King in live military exercise that gives a hint to what is coming to Assad from the south:
https://www.alarabiya.net/ar/arab-and-world/2017/04/18/العاهل-الأردني-يشارك-في-تمرين-عسكري-بالذخيرة-الحية.html
Mohammad
Greg,
Cornering a mouse is asking it to turn into a tiger.
Not leaving an outlet is clear signal we are asking for war:
http://www.zerohedge.com/news/2017-04-18/pentagon-considers-shooting-down-north-korea-missile-tests
Mohammad
David Stockman says Trump does know what is he talking about:
https://www.youtube.com/watch?v=-rsykzlNqKg
Mohammad
Correction: David Stockman says Trump doesn’t know what he’s talking about.
LMAO
Greg, Have a PM market guru that might verify this claim about the size of the new Shanghi exchange… Greg M., Kirby, or Bix Wier?
@24 minutes….https://youtu.be/HaGQPPinWyE
Greg, Any info on this CME transitioning to a gold backed block chain?
Ken Schortgen: https://youtu.be/YojrHjHLw5E
Thank you! Your efforts to get this interview are appreciated and demonstrates your sincerity to search for the truth.
Some may not appreciate the work Armstrong has done with Socrates, and the potential it has to help society from repeating the same mistakes – if freedom prevails after the crash and burn (soveriegn debt default that Armstrong calls the Big Bang).
Politicians cannot stop the cycles and human nature, and their attempts to play God to get elected only makes the amplitudes greater. Socrates can minimize the amplitudes and prepare society for the downturns. Thanks again!