The Gold Standard Has Never Worked says Economist Martin Armstrong

In this interview, expert commentator and forecaster Martin Armstrong offers his view on the macro political and economic environment.  He offers a unique perspective intended to educate the general public and organizations on the underlying trends within the global economic and political environment. The mission of Armstrong Economics is to research historical cyclical patterns and market behavior in timing, price and crisis to better understand and identify potential future trends, using an extensive monetary database and advanced proprietary models.

0:00 Introduction

0:59 Historical parallel to current day?

6:04 Modern-day Bolshevik Revolution

7:08 Digitization of USD

12:33 Gold standard has never worked

14:45 Where do you find a safe-haven asset?

16:30 Divided, toxic political environment

18:37 USD probably will decline into election for fear of a Trump loss

20:50 Commodities are going to rise

24:50 Dow 40,000 is further out

29:51 Armstrong Economics website