blinder007
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March 09, 2020, 06:57:27 AM |
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Nobody in the financial services sector goes to jail for loosing money. You get prosecuted if you misrepresent facts like performance records, actual performance, or just outright defraud your clients.
And that MA did and got sent to jail for. What he did proves he is a liar, thief, and he has a sick personality.By not taking resposability for losses he made for his clients,and even trying to hide them, shows he has a terrible character. Do not trust this guy. He is bad. You get ZERO VALUE from him for your money. Buyer stay away!!!
Crook of the Month: Martin Armstrong Martin Armstrong: Miserable Trader and Former Ponzi scheme Operator Lies about His Terrible Track Record. He claims to have been “self-taught”. I suppose he taught himself how to cheat investors because he certainly never learned how to trade commodities, as evidenced by the massive trading losses he suffered. The district court sentenced Armstrong to sixty months imprisonment and three years supervised release, and ordered him to pay $ 80 Mio in restitution to sixty defrauded customers. As part of his guilty plea, Armstrong entered a sworn allocution admitting to and describing his crime. In his allocution, Armstrong admitted that between 1992 and 1999, he sold promissory notes issued by Princeton Economics subsidiaries (“Princeton Notes”) to investors, mostly Japanese corporations. Armstrong through his agents, represented to the investors that the proceeds from the sale of the Princeton Notes would be held in accounts at Republic New York Securities and that those accounts “would be separated and segregated from Republic’s own accounts and would not be available to Republic for its own benefit.” According to Armstrong’s allocution, after he suffered “some millions of dollars of trading losses”, he decided “not to disclose to investors that …. Substantial losses had been experienced in this trading of futures. And we did not disclose it.” Armstrong also admitted that his concealment of his losses went beyond non-disclosure: “letters were sent by my company to investors concerning how much money was in fact in the accounts assigned to them. I … did send out those letters, even though I knew the amounts in the accounts were less than the letter stated.”
And that are the facts.
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dow_wizard
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March 10, 2020, 04:45:24 AM |
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A rumor in Florida is that Martin Armstrong tested positive on coronavirus. Supposedly Mr. Armstrong has mild symptoms right now but his condition can be exacerbated by syphilis he contracted during the last WEC.
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over45
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March 10, 2020, 05:40:42 PM |
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You Armstrong bashers are just embarrassing yourself with your childish and misinformed posts. But we expect nothing less from the garbageman and peanut gallery.
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s29
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March 11, 2020, 02:26:33 PM |
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This week turning pt in many markets Coronavirus non issue Minor monthly bearish elected only. Not in Nas or SPX Likely see a new low in March but 24000 to mid 24000s support. if 24,680 hold on monthly will head back up to test highs by may/ June
Trade well
Is that really what Armstrong said? Armstrong's downplaying of the Coronavirus didn't age well, since European equities already became a bear market.
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unwashed
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March 11, 2020, 03:54:26 PM Last edit: March 12, 2020, 01:17:32 PM by unwashed |
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This week turning pt in many markets Coronavirus non issue Minor monthly bearish elected only. Not in Nas or SPX Likely see a new low in March but 24000 to mid 24000s support. if 24,680 hold on monthly will head back up to test highs by may/ June
Trade well
Is that really what Armstrong said? Armstrong's downplaying of the Coronavirus didn't age well, since European equities already became a bear market. I assume he means the month of Feb. Just to clarify Feb 2020 closed at 25,409.36. Right now it's 23,960, close to a 2,000 pt drop. Also Feb gaped down and is an outside reversal month to the downside, The gap was enough for me to lighten up the load.
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truth727
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March 12, 2020, 03:24:06 AM |
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quiet in here lets kick it up a notch.martins call on the ecm is making me bank boys. his latest private blogs wow just wow.
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Alex-11
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March 12, 2020, 11:37:57 AM |
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MA on Feb. 02th on the private Blog The Dow peaked precisely with the ECM, which often warns of a reasonable correction in the 20% range is possible. Today the -20% has been achieved. https://i.imgur.com/ZirXk4W.pngTrolls, it's your turn
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etoimene
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March 12, 2020, 11:45:30 AM |
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I think we will overachieve a bit.
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Traxo
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March 12, 2020, 11:50:47 AM Last edit: March 12, 2020, 12:02:25 PM by Traxo |
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MA on Feb. 02th on the private Blog The Dow peaked precisely with the ECM No, it didn't peak precisely with the ECM, regardless of what MA claims. Or rather, if you want to consider ECM date a "peak", then drop was 3%, not 20% until the next peak which was some weeks after the ECM. I believe we already discussed it some pages ago in-between the Socrates-advertisement posts. I think @s29 pointed it out in form of an image, so I guess find that. which often warns of a reasonable correction in the 20% range is possible.
"often", "warns" - ambiguous again. You could never know what he meant then when you read it, only now in hindsight. Why was he so insecure if he's always 100% correct as he claims? Again, you shills are welcome to post your opened trades in real-time when you attempt to interpret Armstrong's writing, instead of digging up his old posts in hindsight and then claim he somehow predicted it. It's been months and not a single proof of anyone interpreting anything correctly in real-time, so obviously that trend is going to continue.
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Traxo
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March 12, 2020, 02:20:36 PM |
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Ohhh yeah funny joke hehehehehehe. Haha, get it? Lol, obviously Marty would never write a computer program solely to scam others *wink wink* hehehehe
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AnonymousCoder
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March 12, 2020, 02:37:48 PM Last edit: July 20, 2021, 05:56:17 PM by AnonymousCoder |
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Ohhh yeah funny joke hehehehehehe. Haha, get it? Lol, obviously Marty would never write a computer program solely to scam others *wink wink* hehehehe hehehe, good joke. There is no evidence he would ever do this. Has never done this before. Would only be available to WEC attendees for a monthly fee for testing and released five years later. Or sold out after three hours like his book at amazon.com that only he himself could buy. Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed. Read this blog starting here to find out more about computerized fraud. See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.
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truth727
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March 12, 2020, 05:39:13 PM |
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thats better woof woof kick it up feed em trolls. but yes another great call by martin. and his insight on repo is great. i urge people not to be jealous so of us like to make bank others like to talk. me i listen to martin and make bank.
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MA_talk
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March 12, 2020, 06:48:16 PM |
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As observed countless times, our Charlatan-in-Chief cannot handle the truth so he has to manipulate it to fit his narrative. Wikipedia is no exception. Here is the proof by means of two recent examples: Crude Oil Prediction Original version at 16:26, 18 February 2020 (click link below to review): Martin ArmstrongIn July 2014 Armstrong incorrectly predicted that crude oil prices would rally into 2017 in line with his war models.[12] At the time of this prediction, the crude oil futures price was USD105.53, and it declined below USD40.[13] Falsified version with prediction reversed at 11:18, 10 March 2020 (click link below to review): Martin ArmstrongIn July 2014 Armstrong rightly predicted in which he said "..oil peaked intraday in 2009 but the highest yearly close came in 2011. [12] At the time of this , the crude oil futures price was USD105.53, and it declined below USD40.[13] October 2015 "Big Bang" Prediction Original version at 16:26, 18 February 2020 (click link below to review): Martin ArmstrongAccording to an editorial in The Guardian, Armstrong incorrectly predicted that a sovereign debt crisis, or "Big Bang" as he called it, would begin on 1 October 2015.[11] Falsified version with prediction reversed at at 11:51, 10 March 2020 (click link below to review): Martin ArmstrongAccording to an editorial in The Guardian, Armstrong incorrectly predicted that a sovereign debt crisis, or "Big Bang" as he called it, would begin on 1 October 2015. However, the writer of the news article has misinterpreted the prediction as a sudden market crash like in 2008 global financial crisis, rather the prediction of the sovereign debt crisis is in a long term decline in the bond market and the global economy has been declining since 1st October 2015, therefore Armstrong prediction is been proven correct. [11] These are just two samples. There is more. In the Wikipedia edit history, we even find his (click) St. Petersburg, Florida IP address (look for 12:47, 28 January 2020 2603:9000:9a06:4700:d504:4f98:c4b5:be8). How is that consistent with his own bashing of Wikipedia? See link below: Wikipedia: Fake News & Propaganda – A Tool of the Deep State?You Be the Judge.Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed. Read this blog starting at page 273 to find out more about computerized fraud. See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog. That's terrific materials that you find. Great job on catching Armstrong falsifying in the act.
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MA_talk
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March 12, 2020, 06:50:09 PM |
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over45
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March 12, 2020, 06:56:14 PM |
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I think I'm beginning to understand why the bashers hate Armstrong. Sheer ineptitude on their part. If you don't think inflation is on the rise - you aren't paying attention. The coronavirus, drop in the stock market and oil is not a trend - it is an event. We are setting up for inflation the likes none of the children here have seen before. Just today the FED said they would do an ADDITIONAL One TRILLION in repo. Connect the dots and learn to understand what is being said. DB is at critical support. We are in inning 2 of a most dangerous game and only folks like Armstrong really understand what is going on. The children here have likely lost their shirts. They are impatient & naive and it shows.
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CaymanJack
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March 12, 2020, 07:16:27 PM |
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I think I'm beginning to understand why the bashers hate Armstrong. Sheer ineptitude on their part. If you don't think inflation is on the rise - you aren't paying attention. The coronavirus, drop in the stock market and oil is not a trend - it is an event. We are setting up for inflation the likes none of the children here have seen before. Just today the FED said they would do an ADDITIONAL One TRILLION in repo. Connect the dots and learn to understand what is being said. DB is at critical support. We are in inning 2 of a most dangerous game and only folks like Armstrong really understand what is going on. The children here have likely lost their shirts. They are impatient & naive and it shows. Obviously you're not paying attention. Even your great sage said the REPO injection are not QE. https://www.armstrongeconomics.com/markets-by-sector/interest-rates/repo-disinformation/
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over45
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March 12, 2020, 07:30:16 PM |
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The Repo is not QE. How hard is that to understand?
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CaymanJack
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March 12, 2020, 07:40:14 PM |
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The Repo is not QE. How hard is that to understand?
Then why did you even bring it up when talking about inflation?
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MA_talk
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March 12, 2020, 10:04:45 PM Last edit: March 13, 2020, 12:44:39 AM by MA_talk |
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The Repo is not QE. How hard is that to understand?
Then why did you even bring it up when talking about inflation? I know why. Because over45 is a paid troll, and Armstrong is never "wrong", because he said that repo is not inflationary, AND then repo IS inflationary, AND there is no conflict, but you just don't put the two posts side-by-side for the naives to realize that he is a con artist, similar to his said ECM date that it's on October 7th, 2015 https://web.archive.org/web/20190210014758/https://www.armstrongeconomics.com/writings/1999-2/the-business-cycle-and-the-future/AND it's on October 1st, 2015 https://web.archive.org/web/20170514145217/https://www.armstrongeconomics.com/world-news/did-world-war-iii-start-on-the-precise-day-of-the-ecm/AND it's accurate "down to the day" as the previous URL says. But you don't tell the naives that October 1st is NOT the same as October 7th. Armstrong just counts on people forgetting all the wrong BS that he said, and only remember the few "good" calls out of several thousands that sticks in their memory. That is his "AI" Socrates, An Idiot.
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