PRIVATE BLOG – The Dollar – Great Depression – Future Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – The Dollar – Great Depression – Future first appeared on Armstrong Economics ..read more

The Balkck Sea Trade – Tauric Chersonesus, Panticapaeum. This is probably the finest known Gold Stater (circa 350-300AD) of Panticapaeum, which was the most powerful city in the Tauric Chersonesus with deep involvement in the lucrative Black Sea grain trade for even back then, Ukraine was a major bread-basket in the ancient world as well. This coin is featuring the facing and bearded head of Pan, with the reverse of a Griffin standing left. The griffin type probably alludes to the mythical composite creatures who were believed to guard the gold found in the mountains of Scythia. The Greeks we ..read more

Apparently, everything we posted sold out in 15 minutes or less. We will put up a few more items at 4PM EST to allow a different time zone to have a crack at these. The post More Hoards to be Posted at 4PM EST first appeared on Armstrong Economics ..read more

As far as the 12 Caesars are concerned, I am doing my best to assemble a few sets. These are not easy to put together. Nevertheless, I am giving it a shot to see what I can do that would be reasonably priced, under that $100k people ask on the market. I believe reasonably excellent VF/XF sets for around $50,000. But this is not something that quantity exists. This is very hard to assemble. I’m still trying to fill in some gaps. They will be presented in a nice wooden case. The post The 12 Caesars first appeared on Armstrong Economics ..read more

For whatever reason, people have tried to claim that Cleopatra was black. That is the most absurd proposition that distorts history beyond belief. When Alexander the Great died, his empire was split among his generals. Egypt went to General Ptolomey. There was perhaps a sense of prejudice by the Greeks against those that they conquered which did not turn simply on skin color. Adding to this, there was a custom in Egypt among all classes in society that you were very fortunate to have a sister to marry for that was one means of keeping the wealth in the family. A 2015 study of even the royalty ..read more

QUESTION: Hello Martin, Been reading your writings with keen interest for over 15 years now since while you were incarcerated. My question is: The way you paint a picture of the past economies going back hundreds and thousands of years through the discovery of coinage hoards is brilliant. How will a future “Martin Armstrong” from say 500 to 1,000 years from now be able to utilize that methodology of discovering the history of this era when we’re largely a computer digital transaction society? (Especially if government-planned digital currency takes over?) Thanks. Jerry S. ANSWER: I know ..read more

PRIVATE BLOG – Will Europe Enter a Death Spiral? Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – Will Europe Enter a Death Spiral? first appeared on Armstrong Economics ..read more

Caesar’s Wife begged him not to go to the Senate in the morning. She had her vision of his death. Decimus dined with Caesar the night before his assassination and convinced Caesar to leave his house the next morning for staying home because his wife, Calpurnia, was worried was unmanly. That fateful day set in motion the collapse of the Republic, the launch of a civil war, and eventually the birth of Imperial Rome 13 years later when the Senate granted the title to Octavian – Augustus after defeating Mark Antony and Cleopatra who used Antony for her proxy war to conquer Rome. Pi seems to hav ..read more

  In times of economic distress, people will hoard their wealth. This is as true in ancient times as it is in modern times. I was called in about a hoard of gold – one thousand $20 St Gaudians gold coins all dated 1924 – uncirculated. As you see, I have a reputation for buying hoards as well as funding major archaeological digs. This was a hoard of US$20 gold coins. So I took the lot. As for those who say I hate gold, no, I have always loved the $20 st Gaudens. Obviously, this was a stash. It was the year of a Presidential election and in 1925, Calvin Coolidge was the first President to ..read more

  History repeats because human nature never changes. During the Roman Republic, the name of the moneyer would appear on the coinage just as today the Secretary of the Treasury’s signature appears on our paper currency – i.e. Steven T. Munchin.  To this day, our coins are denoted by which mint produced them – Philadelphia, Denver, or San Francisco. The collapse of the monetary system following the capture of Emperor Valerian I in 260AD by the Persians, set off a collapse in public confidence whereby the people suddenly saw Rome as vulnerable. What is fascinating is that the “hyperi ..read more