Very interesting interview with Martin Armstrong. Covers gold, civil unrest, and the potential for global world war. Yet, he doesn’t harp on gloom and doom as is so common. Just honest analysis, from what I saw at least.
Martin Armstrong of Armstrong Economics says, “One of the number one questions I get all the time is where do I put my money? If the banks can just take whatever they want now, there will be bail-ins rather than bail-outs. People are afraid. What do you do with the cash? So, people are buying things like real estate and stocks, just trying to get money out of the banking system.”
Global war and civil unrest are also in Armstrong’s forecast. Armstrong predicts, “It turned up in 2014. The 300 year model is civil unrest. Going into it was the Occupy Wall Street, but that was peaceful. Next time the Occupy starts, you are going to see much more violence, as you are seeing Europe, but that will probably take place in the U.S. after 2016. In Europe, you are seeing unrest everywhere. . . . Europe seems to be absolutely crumbling. . . . It’s an absolute disaster zone everywhere you look.”
“Confidence will always outweigh reality.”