I have told the story before that when I was doing my reach early on at Princeton University’s Firestone Library, I became friends with a professor who had known Einstein who taught there. He said to me that I reminded him of Einstein. I was shocked because I was not making new theories in Physics. He explained that the subject matter did not matter. It was my curiosity in trying to figure out how empires rose and fell that inspired me.
He said that Einstein always said we will discover nothing unless we are curious. I came to understand that was the very reason Communism collapsed. They tried to eliminate the business cycle under Marxism and, in the process, reduce humanity to zombie drones denied free thought and stripped of curiosity. Thus, Communism fell by its own weight. There are those spreading the same nonsense that always begins with “equality” and the great divide in wealth. If we all have the same wealth, you destroy the very essential element of how society advances through the ages.
In all my studies, that statement to me about curiosity opened the door to understanding how society advances and declines. Schumpeter saw the boom and bust of the economy as waves of creative destruction. The invention of the combustion engine and the car’s development destroyed the horse and buggy industry, allowing the suburbs around cities to expand. This is Henry Ford in his first car, built in 1903. If it were not for his curiosity, we would have been in 15-minute cities riding our chariots through the streets, and the climate zealots would be arguing to kill all the horses for they are causing climate change as if the climate is supposed to never change.
A Florida sixth grader, Lauren Arrington, has leaped into scientific fame with a startling discovery that could redefine our approach to invasive lionfish. She caught one in freshwater, where it was not supposed to survive. She conducted her own experiment, gradually reducing the salt in the water, and the fish survived. This has been a groundbreaking discovery that demonstrates how important curiosity truly is. We will discover NOTHING without it.
Encourage your children always to be curious.
That is the key to how society advances in the business cycle. Everything depends on it.
Congratulations Lauren. You will go far in life. Retain that Curiosity no matter what.
We Desperately will need it in this world of Equality.
Head of Armstrong Economics, Martin Armstrong, outlines his gold market projections in lieu of unraveling geopolitical conditions.
Armstrong says, “You have a lot of uncertainty and confusing trends developing. When this materializes in people understanding what’s happening…the dollar and gold would go up together. Because you are looking at a flight of capital. Some people want to buy gold, some people want to get out of Europe, etc. Not everybody does the same thing. The two trends will come together. That’s what our computer is projecting, and it’s happened many times in history.”
– Epic gold breakout ahead! – Convergence of economic themes – recession next year and escalating conflicts? – Comments on crude oil. – On the cusp of WWIII by 2025? – How to foment de-escalation within the ranks of the power-hungry elite. – Might societal decay accelerate? – Tangible assets are key to surviving collapse. – 90% silver coins remain an ideal survival investment.
QUESTION: Socrates appears to have picked the Hamas Attack. There was a double Directional change on the currency for the week of October 2nd and then two more directional changes for the following two weeks. There are rumors that people knew it was coming and were buying Northrop Gruman shares the week before. Am I reading correctly that Socrates picked this up in advance because people were positioning themselves in advance?
SF
ANSWER: This is how Socrates has been forecasting such events. As I have said many times at conferences, I began to understand this back in the 1980s. Those who know of such events start to move the money in advance. Socrates picked up a Double Direction Change the week of September 11th. The previous week was the lowest weekly closing on Northrop Gruman. The main turning point was the week of October 2nd. This showed up in the currency as well, confirming that the target zone was Israel. The same was true looking around at the surrounding economies.
We will address this complex tope at the WEC Nov 17-19th.
QUESTION: Mrt. Armstrong, Socrates has been a real lifesaver. It is refreshing not to have someone spinning their political views into everything. Socrates called for the high in GDP here in 2023 and that the high took place in May. Here, we have Biden creating money without regard for fiscal responsibility. Socrates has shown the economy peaked in May. This is truly remarkable. Is this strange situation our fate into 2024?
KL
ANSWER: I understand that Socrates has forecast what is the opposite of every economic theory out there. It shows a recession has been unfolding since May, but this is on the aggregate level. On top of that, we have a Panic Cycle next year in 2024 in GDP. When I drill down into its forecasts per state, what becomes painfully apparent is what I have been writing about. There is a massive migration from blue states to red states initiated by COVID-19 but accelerated by tax increases. Thus, real estate is declining in the blue states, and those who didn’t want to move because of the higher mortgage rates will find their houses unsalable regardless of the mortgage rates. This will be particularly true in New York, Chicago, San Francisco, Seatle, and Los Angeles, to mention a few. They had their chance. With the onslaught of migrants into those areas, those cities are raising taxes to cope with the aliens who pay no taxes.
Add to all of this chaos, Biden’s open border policy has let in terrorist cells, so nobody bothered to check anyone. Geopolitically, starting a war in the Middle East was insane. The Democrats should just admit that the real head of state in Blinkin and his VP is Victoria Nuland. They are the people running the country into the ground. We will see domestic terrorism thanks to the open border, and this time, World War III will be coming to a theater near you.
Then, we have a surge in diseases eradicated in the USA, like TB and malaria. We will also see a rise in diseases, including polio. Even Fed Chairman Powell has broken his silence in criticizing the Biden Administration. He has made it clear that this spending spree is unsustainable.
Climate Change zealots and the Neocons have usurped the Biden Administration. The Democrats are destroying the United States. Politics is so divided and polarized that they refuse to look at and stop the trend. This is not about Democrat v Republican. The United States has undergone a coup, and those in Washington are so caught up in hating each other nobody gives a dam about the country or the people.
The United States has become so divided – it is impossible to survive as one nation. The division is already starting. So, while the Democrats point fingers at the Republicans and they are so desperate to imprison Trump that they will ensure he dies mysteriously like Epstein and so many, there will be nothing left to fight over.
We are facing a recession because the consumer tends to spend less and save whenever there is UNCERTAINTY. Simple as that.
Then, if we end up with wars in Asia, Europe, and the Middle East, Foreign Capital Will Flee to the US
Hence – we have a Panic Cycle warning about two opposite trends.
Many have written in saying how they came to hear about me was that James Sinclair, the call Mr. Gold, was publishing my handwritten reports from contempt. Jim contributed to the promotion of gold post-Bretton Woods. I was purely an institutional adviser before the contempt. When the US put Conrad Black, who was a Canadian and British former newspaper publisher as well as a writer. I met Conrad when he and his son came to one of my Toronto Institutional sessions. When they put him in prison, he began writing for his newspaper. It was Conrad who inspired me to do the same. It was then that my writings expanded from institutional to general public. Jim aided me by publishing what I was writing and spreading the word.
As Socrates said, when sentenced to death, it was either a migration of the soul to see all your old friends or it was like a midsummer night’s sleep – so peaceful not to be disturbed by a dream. We will meet again, my old friend.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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