Sunday, November 30, 2014



Forecast Your Own Business


Starting in January, we will be introducing a service where you can send in the data on the sales and expenses of your business and receive forecasting reports with time and price targets to assist you in preparing for what lies ahead. We will be able to provide forecasting arrays, projections, and even reversals on your own business. Never before has such a service been provided for any company big or small with time-tested modeling.

We will also be providing capital flow analysis on a daily basis. You will be able to see the flows globally as Socrates tracks the dynamic flows internationally.
These are just two amazing tools ready to go on-line.

Turning Water into Gasoline

Ben-Gurion University of the Negev researchers have invented a process to make gasoline from water and carbon dioxide. Additionally, the German company is Sunfire which says it can take regular water, harvest CO2 from the environment, and make high quality hydrocarbon fuels — gasoline and diesel, predominantly.

Paul Craig Roberts: Ferguson Reexamined


Paul Craig Roberts: A good website for those concerned with justice for Palestinians

A good website for those concerned with justice for Palestinians:


The FORECASTER May Become Available for a Restricted Global Viewing

Hello Armstrong Economics,
Is there any way to purchase the movie The Forecaster directly? I would love to see it and am a follower of Mr. Armstrong, receiving some of his reports that came out while he was still in jail.
Is there a pay to watch website that might show it?
Thank you,
Sent from my iPad
REPLY: This movie was funded by several TV stations in Europe and they spent about 3 years in production flying all around the world to interview people. The debut has sent shock waves all the way to Moscow where there are requests to show the movie immediately.
We have no position in the movie and receive no revenue from it. So we have no ability to show it or sell it. The producers are well aware that this may be the biggest documentary film on the demand side ever created. They are in discussions to perhaps do an online restricted viewing to our readers who really do not want to wait. They realize the investment community wants it now and the general public are another market. Trying to satisfy both is not an easy task.
The producers had to negotiate that with distributors who naturally want this for the theaters around the world. They were even trying to coordinate a global debut the same day. But that would take amazing coordination.
Nevertheless, I believe there will be some accommodation for the investment community. But this will be restricted because of the people lined up to distribute this film naturally want the biggest market. It will be on TV in Europe probably by next October.
This is a film about my battle against the Club that is protected by the NY courts and the US government. With all the fines being paid for manipulating just about everything, when I stood up in court back in 1999 they said this was absurd. The banks would never act in such a manner. Boy, what a difference 15 years make.
All of a sudden, faced with this movie that exposes the deep corruption of manipulations, we are starting to see movement. The Senate just released a 396-page report that details how Wall Street’s too-big-to-fail banks have quietly, and covertly acted in a stealth-manner through shell companies to gain ownership of a stunning amount of the nation’s critical industrial commodities like oil, aluminum, copper, natural gas, and even uranium. The report said the scale of these bank holdings “appears to be unprecedented in U.S. history.” This was precisely what was taking place with the attempt to take over Russia to control oil, platinum, and gold just for starters. The “Club” has sought to manipulate the markets to achieve the “perfect trade” and this is how they have blown-up every time.
The CFTC announced an investigation into manipulation by Goldman Sachs, Morgan Stanley, and JP Morgan. I suspect you will now begin to see investigations becoming more common.
I hope this film pushes the political pressure for change. The ONLY way to have accomplished this was from the outside-in. The resentment against NYC is so intense outside the USA that this is why I agreed to do the film only with Europeans. I simply could not trust any American firm would be able to stand up against their contrivances to kill the film.
Decline Roman Monetary System Martin ArmstrongEconomics
We have to take back our future for ourselves and our posterity. What has been going on is WRONG and it places in danger the economic stability of the entire global economy. Enough is enough. We are now talking about confiscating people’s lives to save banks that have been very bad traders to say the least. Just how are we to survive here? We are not headed into hyperinflation nonsense. This is massive deflation with the collapse of pensions and savings on a grand scale unseen since the collapse of Rome.

Swiss Reject the Gold & Immigration Referendums

In today’s Swiss gold referendum, roughly 78% voted against expanding central bank gold reserves to 20% of central bank assets from the current 7%, according to Swiss national broadcaster SRF. The polls proved correct and this was behind the sharp collapse in gold on Friday. Those who keep preaching a gold standard have lost all real support in the one country that could have taken such a view. Today’s vote is a blow to the movement to “Save Our Swiss Gold” that had the hopes of moving Switzerland back toward a gold standard which the country left in 1999. Gold is now poised for new lows heading eventually into the Benchmark Targets.
The Swiss voters also rejected the restriction on immigration as reported by the BBC. The majority of the Swiss again saw clearly that blocking wealth immigration would be the straw that breaks the back of the nation.
What the Swiss now need is a referendum to return the nation’s secrecy laws and reclaim its historical neutrality. Failing to accomplish that will leave the world trend in a dangerous convergence of authoritarianism.

Making Gasoline from Water? Yep!

A German company says it has developed an engineering installation capable of synthesizing petroleum-based fuels from water and carbon dioxide. The ‘power-to-liquid’ rig converts gases extracted from water into liquid hydrocarbon fuels. This is the opposite side of what happens with trying to use energy as a weapon. Raising the price or trying to curtail supply, forces others to find alternatives. A year-end closing for oil BELOW $75 in crude will have a very serious impact.
Russia gets most of its oil in difficult places. Its cost of production is around $65. Kazakhstan and Azerbaijan have much easier oil to extract and as such they fear that Russia may move in simply for the oil. The collapse in oil will have a very profound impact in the world economy. The top exporter is Saudi Arabia with Russia holding the second spot. Iran and Iraq come in 3rd and 4th. Declining oil prices renders all these governments economically in trouble. Their budgets have risen assuming higher oil prices forever, but when we forecast that oil would rise to $100 back when it was $10 in 1999, many assumed we were nuts and that the world could not handle such a price. That was necessary we warned to spark alternative fuels. Today we have electric cars.

Site Remains Under Constant Attack

It is curious that this site remains under constant attack since the premier of the movie. We have mirrored the site and have boosted the security. It just seems that there are those trying desperately to stop the truth from ever surfacing. They are rotating the attacks from various places. Very interesting to say the least.

Swiss Vote on Gold & Anti-Immigration Today

Today will be the Swiss vote on the issue of holding and buying gold. The Swiss National Bank opposes the Yes Gold Vote but there is also an immigration referendum. The Swiss are being asked to vote on a proposal to make the central bank hold a fifth of its reserves in gold within five years. That would mean buying about 1,500 metric tons, or 1,650 short tons, of gold worth more than $60 billion. Of course that is a drop in the bucket within the global economy. Heck – bailouts of individual banks have exceeded that number.
The initiative seeks the backing of a majority of voters to compel the Swiss National Bank from selling gold and would require that Swiss gold must be locked away in vaults entirely on Swiss soil. Naturally, the prospect has been touted as the savior for gold and the routine bulls claim this will set in motion a spike in gold prices globally with a new bull market. Yet these are the same claims constantly from the gold promoters who simply fail to grasp what is really unfolding within the global economy.
The nationalist Swiss People’s Party has brought the “Save our Swiss Gold”initiative, arguing it will restore trust in the central bank and its paper money. However, money has transcended the old system of pretending to be merely a receipt for an inconvenient commodity store in the vault. The proposal is opposed by the government and financial leaders. Nevertheless, this is the result of a rising trend of civil unrest. This “Save our Swiss Gold” referendum target a growing sense of caution among the Swiss about the perceived dangers and increasing volatility of financial markets. However, it is also coupled today with the immigration issue. The Swiss are voting in a referendum on whether to curb net immigration to no more than 0.2% of the population, in a vote heavily criticized by the main political parties as well. If passed, the measure would require the government to reduce immigration from about 80,000 to 16,000 people a year.
Taking both of these issues and connecting the dots, this is not really about gold in isolation, but one of seeking to shield Switzerland from the world at large. The reserves of the Swiss National Bank are bloated with Euros since they tried to prevent capital inflows that were driving the franc higher. Swiss companies warned they could not sell their products with a high Swiss franc and would leave. The government pegged the franc to the Euro but this has also led to huge losses.
Switzerland has lost its ranking as being the top most prosperous nation ever since they gave up all foreigners having accounts (see LEGATUM Index). The anti-foreigner trend emerging in Switzerland we see also in Singapore. Both countries see domestic economic problems and are associating the cause with external forces including immigration.
The Swiss gold initiative argues that owning physical gold in vaults would protect the country’s wealth from trouble in markets beyond the control of this small Alpine nation. The experience of the 2008 global financial crisis, triggered in part by complex investments that brought down multiple banks and bankrupted states, is fresh in people’s memories.
However, owning gold will not solve that problem nationally if the rest of the nations do not respect gold as a medium of exchange in a world converging on electronic money. Whatever the medium of exchange, it must be universally accepted. The problem is gold is far from a constant value and its value is predicated upon its universal acceptance. If other countries are moving to electronic money, gold may serve no role in official international settlements. You cannot look at your personal preference as an individual and impose that upon the rest of the world.

The Silver Democrats tried to force the rest of the world to raise the price of silver that resulted in virtual bankruptcy of the USA compelling it to be bailed out by J.P. Morgan in 1896 with his famous gold loan. In that case, the US Congress tried to force the value of silver up relative to gold and its buying of silver by law lead to massive exchanges of silver pouring in and gold leading the country. Trying to force the world to a 16:1 ratio backfired. Since the silver discoveries in America by the Spanish, the average ratio has been closer to 26:1. Raising the price of silver only stimulated more production and the eventual collapse.
This idea of Switzerland buying or selling gold in large amounts in international markets could backfire on Switzerland. Between their losses in the Euro and in gold, if they are ordered to continue to buy into the decline and they continue to peg, we could see the Swiss fall into real financial chaos given the anti-immigration, the loss of their elite banking status and secret accounts, leaving them with a declining prosperity prospect.
We also ready see real estate peaking in Switzerland with this turn in 2015.75 that will be a 26 year high. They are also voting on the prospect to abolish tax advantages for rich foreigners that currently are taxed  on living costs but not based on income/wealth. Some Swiss cantons try to attract such wealthy tax-payers. This alone could send the spark that ignites the collapse in real estate values next year.
The initiative to buy more gold could therefore disrupt the domestic economy combined with the anti-immigration. The benefits would be dubious at best when the world is moving toward electronic-money in its draconian effort to collect every tax possible even if you find loose change in a parking lot. Governments are desperate for money to firm up their own pensions and lavish life-style at the expense of the people at large.