Tom welcomes back Martin Armstrong from Armstrong Economics to explore current global economic trends, geopolitical tensions, and market reactions. Armstrong discusses how governments worldwide are facing declining trust due to progressive agendas, citing examples like Germany’s shift toward far-right parties and Europe’s struggles with migration.
Armstrong highlights the cyclical nature of political movements, referencing Trump’s 2016 victory as a starting point for this global anti-government sentiment. He also touches on free speech restrictions, drawing parallels between historical financial suppression in Europe and today’s broader censorship trends.
Regarding U.S.-China trade tensions, Armstrong explains that tariffs are often misunderstood, citing historical context from the 1930s to show they don’t cause economic collapses but can lead to trade wars. He critiques media coverage for sensationalism, particularly Bloomberg’s recent claims about market corrections, arguing these panic-inducing narratives mislead investors.
Armstrong also delves into Trump’s policies, questioning his understanding of general economic and suggesting that lower corporate taxes could boost competitiveness. However, he warns against blaming Trump for broader economic declines, which he attributes to global trends rather than individual leaders.
The discussion shifts to gold’s role as a safe haven during geopolitical instability, with Armstrong emphasizing its historical correlation with war and political uncertainty.
Time Stamp References:
0:00 – Introduction
0:35 – News & Keeping Up
5:07 – Confidence in Gov’t
8:35 – Objectivity & Markets
18:17 – Trump Rhetoric & China
21:52 – CPI Lies & Obligations
23:13 – Trade Negotiations?
29:39 – Comparative Advantage
39:10 – China & Real Reasons
43:30 – Bond Markets & China?
46:34 – Trump & Jerome Powell
52:55 – Trump Policy Outlook
57:30 – U.S. Income Tax
1:00:00 – European Depression
1:02:10 – Trump Reforms & Peace?
1:13:44 – Gold Recent Strength
1:16:51 – Gold & Safety Flight
1:18:24 – Wrap Up
Guest Links:
Website: http://armstrongeconomics.com
Twitter: https://x.com/strongeconomics
Facebook: https://facebook.com/martin.armstrong.167
Amazon Book: https://tinyurl.com/ybtrslr9
Martin Armstrong is the Owner and Researcher for the website Armstrong Economics. He is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.
At age 13, Armstrong began working at a coin and stamp dealership in Pennsauken, New Jersey. After buying a bag of rare Canadian pennies, he became a millionaire in 1965 at the age of 15. He continued to work on weekends through high school, finding the real-world exciting, for this was the beginning of the collapse of the gold standard. Martin became captivated by this shocking revelation that there were not just booms and busts, but also peaks and valleys that would last centuries.
Armstrong progressed from gold coin investments to following commodity prices for precious metals. In 1973, he began publishing commodity market predictions as a hobby, and in 1983 Armstrong began accepting paid subscriptions for a forecast newsletter.
“In Armstrong’s view of the world where boom-bust cycles occur like clockwork every 8.6 years, what matters is his record as a forecaster. He called Russia’s financial collapse in 1998, using a model that also pointed to a peak just before the Japanese stock market crashed in 1989. These days, as the European sovereign-debt crisis roils markets worldwide, he reminds readers of his October 1997 prediction that the creation of the euro “will merely transform currency speculation into bond speculation,” leading to the system’s eventual collapse.”
His Website Armstrong Economics offers a unique perspective intended to educate the public and organizations on the global economic and political environment’s underlying trends. Their mission is to research historical cyclical trends.
