US Treasury to Print $500 Bills?

Armstrong Economics ^ | 7 Aug 25 | Martin Armstrong

[TexasGator]

“Maybe Armstrong has a special insight into financial matters.”

His partner in crime testified that flipping a coin would do better than Armstrong!

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The phrase “Martin Armstrong flipping a coin” likely refers to a comparison made by others about his investment strategies. It’s a metaphorical expression used to suggest that his predictions or investment decisions are no more reliable than a random coin flip. This is based on his past controversies and the perception that his predictions are often inaccurate.

Here’s a more detailed explanation:

Historical Context:

Martin Armstrong is an economist known for his economic forecasting model and his involvement in a complex legal case involving allegations of a $700 million Ponzi scheme and hiding assets.

The Criticism:

Armstrong’s predictions have been criticized as unreliable and likened to a coin flip. According to the Department of Justice (.gov), Jim Rogers once remarked that “a doofus flipping a . . . coin every day” would have more success than Armstrong’s strategies.

The Coin Flip Analogy:

This analogy suggests that Armstrong’s predictions lack a solid foundation and are no more likely to be correct than a random event like a coin flip.

Armstrong’s Background:

While he has a history in the coin and stamp business and later focused on commodities, his career has been marked by legal troubles and accusations of fraud.

https://www.google.com/search?q=martin+armstrong+flipping+a+coin

[fruser1]

I keep trying, but I can't get a single machine at the store to give me change for this

[TexasGator]

“I did some quick searching and I cannot find any mention of the 500 dollar bill even being rumored to begin printing again.”

Delta7 posts what the MSM won’t print!

https://freerepublic.com/focus/news/4304515/posts?page=40#40

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To: delta7
“A SECRET STASH OF TSAR’S GOLD WORTH BILLIONS WAS FOUND IN AN OLD RAIL TUNNEL NEAR LAKE BAIKAL”

GEEZ ...

Once again Armstrong/Delta7 posts garbage. He cites a 2023 date but the same “news” surfaced in 2017 and was debunked then.

40 posted on 3/15/2025, 10:47:01 PM by TexasGator

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[FrankRizzo890]

I have a 100 trillion dollar note from Zimbabwe.

[MeanWestTexan]

Mark Twain had a story about that.

[PGR88]

Not quite reaching Zimbabwe or Weimar Republic levels of currency denominations yet.

Slowly, then all at once.

[PGR88]

Those Zimbabwe One Hundred Trillion Dollar notes have actually increased in value

I saw one in mint condition on sale in a London antique shop for $15, so I bought it for my collection

$15 is certainly more than it was worth at the time it was issued!

[HIDEK6]

The G-note is the new 20.

[Publius]

If we’re going to print $500 bills, the face on the bill should be Barry Goldwater with the words, “I told you so, but you wouldn’t listen.”

[SuperLuminal]

I sure miss the $1000 bill that was available until the 1980s and early 1990s...

My local BOA would sometimes require a 2-3 day request lead time to acquire them for issuance...

[IYAS9YAS]

Ironic that Woodrow Wilson was on the $100,000 bill.

[dwg2]

I worked in banking. Back around 2006, had a lady come in one day and she deposited cash. When counting it out, there was a 1934 $500 bill in it. I mentioned to her that she was depositing a $500 bill and that they were no longer in circulation. She said, “I know. I have more of them at home.” The older tellers told me they had never seen one before. Needless to say, afterward I had a $500 bill that cost only $500. It was worth a whole lot more.

[yefragetuwrabrumuy]

The constitution permits the individual states to *mint* specie based (gold and silver) coinage. But there should be a twist. Instead of valuing coins less than the value of the metal they contain, their face value should be substantially more.

For example, the current value of 1 ounce of gold is $3,385.90. So the value of a 1 ounce gold coin should be say ~$5,000.00

The current value of 1 ounce of silver is $38.11, again the face value should be ~$100.00.

The US states should mint coins of very high purity, laser engrave them (like Canada does), then seal them in packages to protect them.

[Tom Tetroxide]

Cue the song for this thread.

“I Wanna Be Rich”
by Calloway
https://www.youtube.com/watch?v=PFytMWVgB_U

[central_va]

Hey buddy you got change for a $500?

[drypowder]

The Chicago mob will be printing their own in no time.

[Varsity Flight]

Cuz du pUbLiC ScHuL WuNT Nu du difReNt AnYwayz.

GOt me a 500 fIr McDuNaLds

[Jim Noble]

A $10 silver certificate would need to be reissued as a $300 FRN at the current market price of silver. So it’s $300 that that 1965 tender is worth today, not $100.

A $10 1928 gold certificate would need to be reissued as a $1600 FRN at the current world price of gold.

Your 1928 dollar is worth less than a penny. Your 1965 dollar is worth about 1/3 of a cent.

[Forward the Light Brigade]

I am in favor of the $500 dollar bill—But Not with Trump’s Face. I believe only dead presidents can be used—Maybe Ronald Reagan? I think we need a five dollar coin—the size of an old 50 cent piece. To be used in vending machines. Who should be on the coin? Maybe Trump after he has gone to his reward?

[RatRipper]

Back in my early days as a bank examiner (early 1980s), we physically counted the vault of a relatively large bank (at the time) in a southern city. That was still a time when the banks still physically exchanged cash letters to accomplish check clearing operations. One cash letter would normally be larger than the one exchanged and they used very large bills to settle the difference.

For that reason, banks kept some sizeable bills in their vaults. On that cash count I mentioned above, I held a $100,000 bill in my hand for the only time in my 25-year examiner career. No cell phones then or I would have taken a picture.