Posted originally on Apr 16, 2025 by Martin Armstrong
COMMENT: Dear Marty!
These are original advertising posters for war bonds from 1914-1918 from the former monarchy. I thought this might be of interest to you.
I took the photos myself here. I hereby grant you all rights for publication on your blog.
Many people all over the world owe you and your tireless efforts an enormous amount.
I am Austrian. We, my wife and sons of military age, their friends, and our first grandson, are going to Paraguay in South America. We’ve had permanent residence permits since 2017.
Very few people here in Europe want to know or acknowledge the terrible things that await them. Even if there is no war, the economic misery will be bad enough to make Europe a poor continent for a long time to come. Young people will have a very hard time building something for themselves here in Europe after 2030. I saw how people in the Eastern Bloc lived in poverty before the opening and even long after. Back then, they could go to Germany and other wealthy European countries. Germany and other formerly prosperous European countries will not be wealthy after 2030. The prosperity and opportunities for development that you and I had in our youth will no longer exist here after 2030.
I live near Melk Abbey. Whenever you are in Austria, it would be a great pleasure and honor for me to show you the inside of the abbey and other historic sites in Austria. My old family connections within the monarchical system still work. Who knows for how long…
In deep gratitude for everything you do for us ordinary people and the burden you have placed on yourself.
Many thanks, GB
REPLY: Thank you. I see that we are all in this together. I the town I grew up, my grandfather had Germans who migrated to the US before the war for they saw what was coming. Down the street from my mother was another German couple who also migrated before the war. I remember listening to their stories and how they saw the political trend and tried to warn friends but they thought they were extremists. I think growing up with those German neighbors exposed me to the horrors of war and how they had to leave their homeland when many thought they were nuts.
I spoke with an attendee of the OSCE Vienna Peace Conference last week. He said they were not talking about peace, but that everyone needs to start drafting people for war with Russia. The Neocons have used Zelensky as their puppet to start World War III, just as the Greens used that 16-year-old Gretta.
I have heard from others now in Europe that the press ONLY talks up war, and anybody who speaks against war is just Russian propaganda. These forecasts have come from the computer. It is the only fully functioning AI system in the world with more than a 40-year track record. At the 2011 WEC, I warned that the war cycle would turn up in 2014. In 2013, I posted a post saying this would start in Ukraine.
Nobody speaks to me in the middle of the night. I am not clairvoyant. Nobody has a track record that can match the forecast I have done over the decades. This is why they made the movie The Forecaster, and the sequel should be out soon. Then they are making a Hollywood movie about my career with class A actors like the Big Short, all to show that there is order to this chaos.
If it were just me, then there would be a shot of being wrong. It is not something I want to pound my chest and say, see I was right. I’d rather be wrong. My lawyer tells me I have to create a 501 (c) (3) to put Socrates into for if I died, the government would claim it’s worth several billion and demand inheritance taxes on such a value. My heirs would not have that type of cash so the government would seize it in the end. To a large extent, this has been my burden.
So, to those people who think it’s just my opinion, they remind me of Bob Dylan’s song “It Ain’t Me Babe.”
Posted originally on Apr 16, 2025 by Martin Armstrong
Beginning with Barack Obama, the last true leader of the Democratic Party, every liberal affiliate is encouraging civil unrest. Washington has cut funding to universities that permit pro-Hamas rallies, but that has not deterred these organizations from permitting protests to continue. New York University is not merely permitting protests but encouraging them. In fact, they are urging white students to use “white privilege” to heighten the unrest.
The university created a “Protest Tips and Resources” page on its website to outline “Best Practices for Protesting Safely.” NYU claims that these protests are “especially for Black and Brown people” and they encourage white students to “[u]se white privilege to protect others.”
I believe it is important to highlight what the Democrats are encouraging young, impressionable students to do to support their cause. “You have the right to peacefully assemble — however, there have been many situations in which college protests have escalated to the point of arrest,” one article reads, followed by telling students to prepare for jail.
“Sign up for jail support if available. Even if you don’t anticipate you will need to sign up for jail support, protesting may involve interaction with law enforcement. It is best to be safe and share your emergency contacts with organizers just in case. Write important phone numbers, such as a family member or emergency legal counsel, on your arm should you need it later and not have access to your phone.”
No where do they explain the severity of arrests ending up on a person’s permanent record beyond the school, where they could be denied for future employment opportunities or worse. These people are openly encouraging students to prepare for arrest before attending a protest. They are willing to use students as human shields to promote their agenda since those pulling the strings certainly do not want to risk arrest.
The DEI courses teach that having a white savior complex is harmful, but in the case of promoting liberal policies, white knighting is encouraged. White students have been asked to take on the bulk of the legal responsibility since they believe the legal system will unfairly punish brown and black students.
Using young adults fresh out of high school as political shields is abhorrent. These students do not understand the true legal consequences that will come from the “sacrifices,” as Obama worded it, that the Democrats are encouraging them to take on to promote an agenda that they likely won’t support in a few years when they’re living in the real world.
Posted originally on Apr 15, 2025 by Martin Armstrong
There is much speculation about Germany withdrawing its gold holdings from the United States. We have seen this occur in recent history. In the 1960s, French President Charles de Gaulle began challenging the U.S. dominance in the global monetary system. Gold typically flows where capital feels safe, but in this case, France repatriated its gold from the US due to political tensions.
In 1965, French President Charles de Gaulle withdrew his ministers from the Council of the EU, thereby constituting a de facto veto over all decisions, which became known as the “Empty Chair Crisis.” Several issues regarding European political integration led to the Empty Chair Crisis. There was a push at that time to create the quasi-federalization of Europe. De Gaulle believed that national governments should move towards integration. Still, he did not agree with the Commission’s attempt to create some new super-central state or a federalized Europe, extending powers of the EU beyond national borders as we have today, which Margaret Thatcher also opposed.
President Charles de Gaulle has proposed the Fouchet Plan was a plan back in 1961 to create a new grand design for Europe. Charles de Gaulle wanted to develop a three-power directorate, consisting of France, Britain and the United States. The idea was to form a new ‘Union of States’, as an alternative to the European Communities (EC). De Gaulle feared a loss of French national influence in the EC as there was a drive to federalize Europe back then.
After the failure of the Fouchet Plan and De Gaulle’s veto of the United Kingdom’s application for EC membership, the Commission attempted to move towards integration by proposing an idea that would combine the Common Agricultural Policy (CAP), the European Parliament, and Commission. De Gaulle supported the creation of the CAP and favored its enactment. However, he disagreed with the Parliament’s new role, the Commission’s strength, the shift towards federalization and a central state, and the budget proposals for financing the CAP. De Gaulle made it a condition that majority voting with a right to veto must exist if France was to participate in the EC. When de Gaulle was denied a more intergovernmental Commission or voting and veto rights, the French representative left the Council of Ministers thereby creating the Empty Chair Crisis.
The Luxembourg Accord was an agreement reached in January 1966 to resolve the “Empty Chair Crisis,” which had caused a stalemate within the European Economic Community. Then on June 21, 1966, de Gaulle withdrew France in a shocking move, taking its troops from the North Atlantic Treaty Organization (NATO). This decision, led by French president Charles de Gaulle, complicated relations between the U.S. and Europe amidst clashing American and Communist spheres of influence. Though France remained politically in NATO, its actions cast doubt on the organization’s future as a counter to Soviet military power and control back then.
From 1963 to 1966, France secretly implemented Operation Vide-Gousset to repatriate 3,313 tons of gold reserves from the Bank of England and the New York Federal Reserve. It took over 44 boat trips and 129 flights to export the gold back to the Banque de France. Since France converted its dollar holdings into gold, the French made out well when the dollar fell during the Bretton Woods period and lost 96% of its value against gold. France then withdrew from the London Gold Pool in 1966 after recovering its gold holdings to force the US to endure heavier losses.
France’s actions caused a gold run with nations eagerly reducing their holdings at the New York Fed. West Germany reclaimed 1,200 tons of gold. Switzerland increased gold purchases from both the US and UK, but did so more discreetly than France to avoid political upheaval. By 1971, before the gold window closed, the United Kingdom requested $3 billion in gold conversions from the US. This may have been the final move that pushed Nixon to act. The Netherlands and Belgium also began exporting gold holdings from the US at this time.
US gold stock fell from $22.7 billion in 1950 to $12 billion by 1971. On August 15, 1971, President Nixon closed the gold window, ending the convertibility of the dollar into gold. The 1971 closing of the gold window by Nixon cut the link to gold, ending Bretton Woods.
“The speculators have been waging an all-out war on the American dollar,” Nixon declared, and to “protect the dollar from the attacks of the international money speculators” would take “bold action.”
“I have directed [Treasury] Secretary Connolly to suspend temporarily the convertibility of the dollar into gold.”
France’s actions were a catalyst to the inevitable decision to close the gold window, but not the sole cause. Yet, as we are seeing today, the primary reason that nations would like to withdraw their holdings comes down to politics. Charles de Gaulle said that the dollar was “monumentally over-privileged” and moved to hurt the USD. The incoming German government is now looking to withdraw their holdings from the US solely due to their distaste for America.
Posted originally on Apr 14, 2025 by Martin Armstrong
Our Institutional Report covering Europe’s countries with their forecasts generally out to 2032 has been a monumental effort. We greatly appreciate your patience, but this is vital for the decision-making for future investment in Europe. Things are certainly different from the past. Countries like Sweden and Switzerland, which had been neutral during previous world wars, have surrendered their neutrality and will not prove a safe harbor for capital during this conflict. Sweden has joined NATO and even sent jets to Poland. Switzerland gave up all foreigners with accounts and seized over $8 billion of accounts belonging to Russians, abandoning its historic traditions.
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