QUESTION: Mr. Armstrong, I’m new to Socrates. Everybody informed me you’ve gotten executed extra analysis and have real-world expertise unmatched within the finance world. Your publish on silver and the long-term blew my thoughts. No person has ever defined the actual historical past of silver and confiscations. Is that this why you’ve gotten been saying ‘by silver {dollars} and cash’ quite than ‘by silver bars’?
OP
ANSWER: Sure. I look to see what governments have executed earlier than as a result of they inevitably will repeat the identical actions. However what’s much more essential is that 99% of the evaluation and financial theories are all the time domestically oriented. They by no means appear to take a look at the world as an entire. Because of this these theories like Keynesianism are failing right this moment. Historical past REPEATS as a result of governments will all the time act in their very own self-interest right this moment as they did in historical occasions.
