Martin Armstrong Discussion

[r0ach]

Objectivity is not your passion.

Objectivity is knowing that through all of history, paper was just a valueless receipt used to go claim your real money which was metals.  Just like this Bill Holter guy says, that is Harry Dent and Armstrong's main malfunction is make believing that fiat paper is money residing on the base of Exter's pyramid when paper was always a derivative of metals, not vice versa.  Paper money backed by nothing is just some temporary blip on the radar and he pretends like that is the norm.

Anyone who isn't a grade F trader can see how insanely manipulated downwards the metals markets are, especially recently with 8000 tons (3 years of global gold production) of non-existent paper gold being dumped in a span of 3 days in November.  Armstrong is a complete fraud and shill and anyone who promotes him is also a fraud with these clowns claiming no metals manipulation exists and the price is only naturally going down LOL.  It's a complete joke.

The Federal Reserve's number one reason for existing in the first place is to manipulate the price of metals because otherwise the free market would organically create it's own gold/silver standard in very short time, rendering the fiat completely worthless.  Anyone who doesn't understand this fact doesn't need to be talking.  And that is what occurs in all of these charts you see, the free market attempting to do exactly that, then central bankers smashing it down until there's finally a run on fractional reserve metals.

Do you really believe this scam artist Armstrong actually quantifies how much fractional reserve leverage central bankers can pull on metals (or even bank paper deposits) before the whole thing implodes?  Of course not.  Even if you buy his absurd "the world is deterministic and everything is capital flows!" claim, the price of gold would logically be at it's low when all capital flowed against it, and it is at this time that a whale market maker would just buy it all, because that's what big money does, buy's metric tons of things when it's cheap.  

Yet, Armstrong's garbage bullshit about capital flows would only provide data about aggregate traders and NOT outlier, lone wolf whales such as this.  So even if Armstrong predicted gold will "bottom at X", instead of being a buying opportunity, that's likely when one mega whale comes in and buys everything up and causes the fractional reserve metals system to collapse in one purchase.  Or if not him, his next friend that comes in.  There is no "bottom" to buy in a dangerous fractional reserve system.  The whole thing can just vaporize at any second whether the price is low or high.

[r0ach]

And here's a missing piece of the puzzle I've been trying to figure out for a while.  I've always thought the FOFOA idea of revaluing gold at $55,000 was kind of absurd since India and the Arabs have so much of it.  The west would just be transferring power to 3rd world nations.  It makes zero sense.  However, since nobody has big stockpiles of silver (or maybe they do as this article claims), they could utilize silver in a currency in some manner without making 3rd world nations rulers of the world.

The idea that JP Morgan has all this silver has been going on for a while.  Some people thought they bought it solely to dump on the market to control price when it starts to rise, while others think they really have zero.  It's also possible JP Morgan is acting as an agent for the US govt in acquiring all the silver for some type of usage in currency:

http://www.silverseek.com/article/another-interview-silver-guru-ted-butler-16218

[sidhujag]

And here's a missing piece of the puzzle I've been trying to figure out for a while.  I've always thought the FOFOA idea of revaluing gold at $55,000 was kind of absurd since India and the Arabs have so much of it.  The west would just be transferring power to 3rd world nations.  It makes zero sense.  However, since nobody has big stockpiles of silver (or maybe they do as this article claims), they could utilize silver in a currency in some manner without making 3rd world nations rulers of the world.

The idea that JP Morgan has all this silver has been going on for a while.  Some people thought they bought it solely to dump on the market to control price when it starts to rise, while others think they really have zero.  It's also possible JP Morgan is acting as an agent for the US govt in acquiring all the silver for some type of usage in currency:

http://www.silverseek.com/article/another-interview-silver-guru-ted-butler-16218

JPM was the main market maker for silver.. they did purchase a bit last couple years ago but mainly its a small marketcap with industrial usage... the manipulation applies to it just as gold... I know JPM is probably one of the bigger holders if they were the main market maker.. probably not as much as they claim but probably big enough to be the richest entity should what you suggest comes true (probably not).

We also know JPM is an agent for the US govt from GATA in regards to metals so I do believe in that last line however I'd think that bitcoin has a say in that aswell, mysteriously not banning it like all the other nations at first site even in the face of obvious darknet activity which at the time noone had tools to trace origins of people using coins. I think they probably have a few backup plans in case USD goes to the gutter.. silver/gold backed currency, digital currency with work backing (Bitcoin) or some sort of digital currency with some basis of supply based on gold/silver holdings..

[iamnotback]

Armstrong has made contradictory claims about gold during radio interviews.

No he did not. You just didn't understand the greater context of his remarks, because you don't religiously read his blogs.

His many blog messages marvelling at how good he is sound made up to me.
He repeatedly says he is not bothered about money yet sells his information on his private blog. Why not just release it for free?

How can you give away for free that which is not free? Your dumb ass doesn't even understand the (implications and ramifications of the) question.

Hint: What happened to AuroraCoin when they airdropped it for free? What happened to the land the Soviets gave for free to the masses after the fall of the USSR? What happens to a dating site if we give all the sexiest women's contacts away for free to any guy that wants to contact her?

Why do you dumb asses always post from a Newbie account. Put your real name at risk. You dumb ass Millennials farting around on your mother's couch. Why should anyone take you seriously.

Occasionally his posts are so badly written it seems he is drunk when writing them.

So are mine. You try writing 10 substantial posts a day for 4 years every day without fail. While also doing 16 hours a day of other intense work. And also while you are trying to keep up with emulating that, also come do daily 3 hours of very intense sports with me and I'll have your Millennial's tongue dragging on the tropical inferno pavement.

[iamnotback]

r0ach, you've totally lost your sanity. I won't even waste my time to rebut (although I surely could tear to your shreds your ludicrous fantasy). You are in tinfoil lala land after drinking the charlatan's (JIm Sinclair, GATA, etc) Koolaid from a tinfoil cup, and beyond hope for rescuing you. I will talk to you in the 2020 - 2024 timeframe, when you are bankrupt.

Btw, anyone giving any credence to FOFOA needs their head examined. Harry S. Dent is another charlatan who has totally changed his thesis after his predictions were totally annihilated by the 2008-9 market collapse.

There is no "bottom" to buy in a dangerous fractional reserve system.  The whole thing can just vaporize at any second whether the price is low or high.

Yet you bought altcoins, lol. Whereas, the Titanic doesn't sink in 2 seconds.

Imagine you could have wrote the same statement in 1980 and been holding gold in your basement with massive losses for 30 years.

I think you should go study again Gresham's law before you proclaim that a bimetallic standard would naturally replace paper as a circulating currency. The Fed Reserve exists because Americans choose to use paper currency instead of gold in the 1800s and the bank runs bankrupted the USA and JP Morgan had to bailout the US government. The Fed Reserve could then be hoisted on the people for the people were tired having a depression every decade due to the instability in the banking system in the 1800s.

I have argued against the conspiracy theorists who claim gold is not up because it has been manipulated by the bankers. I have fought against the bank “real” manipulations and warned clients when they are in action. But the bankers are not capable of manipulating a market counter trend – nobody is. Japan tried to support the share market after 1989 and failed. We have had 8 years of quantitative easing by Mario Draghi without any success. Not even a central bank can manipulate the economy no less a single market. The entire Plaza Accord was the gathering of 5 countries to try to manipulate the dollar lower for trade. The US Treasury and Federal Reserve Bank could not pull that off. Why listen to such nonsense about gold is manipulated to prevent a rally? These types of nonsense PREVENT you from understanding how the world really works.

When I warned the White House back in 1985 that trying to manipulate the dollar lower creating the G5 would increase the volatility and lead to a crash in 2 years (1987), the White House responded and said they disagreed that volatility would increase.

Of course, when the 1987 Crash hit, the Brady Commission was forced to request my work. My greatest accomplishment was to prevent them from taking crazy sanctions against the market players when the real cause was the G5.

I was advising under contract the equivalent of about 50% of the value of the US National Debt at that time. The Japanese to ease trade restrictions, had been buying US debt and owned bout 33% of the US national debt at that time. I warned the Treasury that to lower the value of the dollar by 40% as the Plaza Accord said that was their goal, this would set off a crash and higher volatility because foreign investors will be forced to sell and exit the dollar. Yes, the value of exports would look good to foreign consumers, but US assets would also look like a sell. The capital flows went crazy causing the 1987 Crash. Advising around the world forced me to see everything from everyone’s perspective. It is that connection that is the key.

Capital will move to the most advantageous location globally because we are all connected. Everything has an international value. We compare things in terms of value based upon our own currency and local markets. Currency is a MENTAL language. If you are American, you may go to Rome and the prices you will convert in your head to dollars just as a European will do the same traveling to the States. Capital will always move to the best spot globally for capital will act in its own self-interest.

On May 28th, 1997, again I wrote to then Robert Rubin who was Secretary of the Treasury. Rubin was doing the same thing that the Plaza Accord did in 1985 and trying to talk the dollar down criticizing the Japanese again all for trade. Our models were warning of another crash and indeed it hit within just a few weeks of my letter and became known as the Asian Currency Crisis. The Asian Currency crisis was a period of financial crisis that gripped much of East Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. Indonesia, South Korea and Thailand were the countries most affected by the crisis.

It was Tim Geithner who responded in just 4 days.Our model has been well known behind the curtain for decades. When the Asian Currency Crisis hit, I was invited to China to meet with the central bank.

By monitoring the world, what emerges is the overall trend. Trump won not by some isolated fluke. We put that forecast out years in advance and it did not matter the flip-flopping polls or how much money Hillary spent. Our computer saw the trend forming decades in advance. The Catalonia voted in July 2016 to separate from Spain followed by BREXIT was showing you the global trend. Once you understand that NOTHING takes place in isolation, you can see the trend coming before it arrives.

Our forecast that gold would peak in 2011, the US share market would rally to new highs made back in 2011 that Barron’s thought was nuts, and that the euro would collapse, were all connected. If one unfolded, the other HAD to follow. Once you see that the world capital flows dictate the outcome of everything, then investing and trading becomes a lot easier. Gold could NOT have continued higher if the dollar was shifting and the capital flows were pointing back to equity. Plain and simple. Everything else is just an excuse.

So why do I try to teach people? Because I can say buy or sell. Most people will not do so unless they agree and/or have confidence in that conclusion. The way to invest securely demands you have confidence in you action. But there is something more at stake here. We are looking at the collapse in government structures – the fall of Socialism. This is simply unsustainable from an economic viewpoint. You can make $1 billion, but it will do no good if you live in a totalitarian state.

The move to electronic currency and to eliminate cash is all because government is collapsing. They are desperate for money to retain power. This is now an outright war – them against us. This is far more dangerous than people suspect.

[iamnotback]

Armstrong is leaning towards a pause of the strong dollar + bullish USA stocks in 2017 and then electing the phase transition for DJIA to 38,000 - 41,000 to kickoff in 2018 and finish by 2020 (also marking the projected bottom for China in 2020 so then the USA turns down hard after 2020 and China begin to rise again so the predicted transfer of financial capital of the world from NY and London to Shanghai and Singapore by 2032.⁹⁵).

So this means we may get a pause in the decline of gold and another deadcat bounce in 2017, before declining to less than $1050 (and possibly as low as $850).

In 2017, I will publish a breakdown of sectors and the differences between them. Keep in mind that the bulk of the retail public are not yet back in the market. The majority keeps saying how overvalued the market is, yet a substantial amount of people are all looking to buy the dip. Trump will be very good for the US markets and economy. Reducing taxes will bring capital home and it has already resulted in a new 13-year high in consumer confidence. That is the key to the market going into 2018.

The reflection point that will tip the scales to extremely bullish will turn on confidence. What MUST BE UNDERSTOOD here is we have two possible patterns: (1) We leave 2016 as the intraday high temporarily and back off, moving to retest support into 2018, and then rally in a major breakout into 2020, or (2) we press immediately higher and complete the rally by 2018 followed by a harder crash and burn.

These are the two possible paths that are coming up and it will all depend upon the actions and tone we set in January. We will prepare a very important special report on this topic.

The S&P500 indeed closed in cash at 2238.83 one tick below our target resistance we published back on January 28th, 2016 at 2239.8038. The broader trends cannot be altered. It is like trying to make a u-turn in an aircraft carrier versus a speed boat. This does warn of caution for it was 7 years up in time.

Meanwhile, gold held the support, the Dow elected two Daily Bearish Reversals, Crude elected two Minor Yearly Bullish Reversals warning of a test of $60, and the Euro fell to bounce off of its Yearly Bearish Reversal at 10365 reaching 10352 and then failed to elect it. With the US share market up for 7 years in 2015, a pause in trend seems likely failing to elect some critical numbers in various markets. Of course, the long-term remains unchanged. The markets are reflecting something far bigger at stake. Trump is bringing in hope of repairing the economy with consumer confidence at a 13 year high.
Optimism is in the air, but this cannot alter the long-term trend without reforming the debt crisis as we have laid out. Only then can we postpone disaster a little while longer.

So strap yourself in tight. This is going to be a wild ride. We are still facing the total collapse of socialistic systems. So cheer up, this might be the best day of your life if you open your eyes and comprehend the global trend. We will be doing a special report reviewing the year-end closings and what the forecasts will be for 2017.

Trying to understand forecasting will be critical as we move forward. The HUGE turning point appears to be 2018 and that is most likely when things will start to come unglued. How do I even make such a statement? This is not a claim that I make based upon some gut feeling. I arrive at this statement not by looking at some domestic fundamental or speculation on what Trump might do or not. It is not based upon my contacts behind the curtain. This is simply looking at Socrates and nothing else.

So how do I arrive at that statement? It is the process of understanding that everything is connected. A share market in any country will rise if the currency declines to maintain its international value PROVIDED there is still a fundamental level of confidence in the country. If there was an invasion by another country, then no the currency and the share market would collapse because there would be a risk that the nation does not survive and thus there would be no rule of law to support asset values. Hence, we must look beyond the simple chart pattern on an isolated market to the external factors as well to determine the outcome. NO MARKET can be forecast accurately in isolation. Those who simply look at a single market can be correct in the same manner as a broken close is correct twice a day for one second. So we must look at a given market within its sector and then filter it through the lens of international currency.

[iamnotback]

Just saying I predicted the iPhone (and Bitcoin) two (and three) years before it happened (note after this email I was evaluating the PDAs such as Nokia 770):

---------------------------- Original Message ----------------------------
Subject: Elaboration of why u will need a wireless handheld computer,      and also an apology
From:    Shelby
Date:    Tue, November 15, 2005 1:45 pm
To:      "TonyT" <aturrisi@cox.net>
Cc:      "Mom" <jennie@nas.com>
--------------------------------------------------------------------------

Tony,

Apologies if my tone yesterday was "forceful".  I was in an internet cafe
using a crappy keyboard in which the keys were sticking (backspace, cursor
arrows, some letters, etc) and I was irritated from typing a longer, more
"considerate" tone.

The above is one reason why handhelds are needed in PI.

But regarding you, one reason you will need a handheld is electronic
money.  When you go to a job in future, you will be paid not with a credit
card, but with something like Paypal, and you will need a computer to do
it.

Of course you can carry your bulkier notebook, but for a measily $200, you
will find it convenient to carry a handheld, versus buying a new card or
notebook for doing WiFiMax.

My point is there will be applications that you can not forsee at this time.

There always are when some revolutionary core technology hits (e.g.
internet).

As for slow adoption, the reason things move slowly in any industry is
because of big corporations are conservative (do not like to cannabalize
existing sales with unproved replacement technologies).  There are so many
examples of this.  Celluar 4G is the most applicable to WiFiMAX.

But please realize that the reason that WiFi took off exponentially
(defying such slow adoption stigma), is that it could be installed by
individuals.  That was the key to the internet explosion, and the PC
explosion.  When power is given to individuals to make drastic efficiency
improvements in their lives, then lifeform growth in the history of nature
always booms (and busts) exponentially, not linearly.

Thus if WiFiMAX can be installed by individuals, small institutions, local
govts, civic organizations, clubs, neighborhoods, etc, then expect it will
be like the internet was, in 1994 only a few people like myself were aware
of it, by 1995 about 10% were using it, and by 1996 everyone was aware and
using it or preparing to try it.


---------------------------- Original Message ----------------------------
Subject: MORE: Re: internet phone
From:    "Shelby"
Date:    Thu, June 15, 2006 3:09 am
To:      "Mom" <jennie@nas.com>
--------------------------------------------------------------------------

The quality of sound in Skype is purportedly exceptional because it uses a
P2P (peer-to-peer) load sharing network.

Skype is free when calling any one using a Skype.  It is free to landlines
and mobile until end of 2006, then it will cost a little for that.

The whole point of Skype, is if your friends download skype, then you can
call them free forever.

If they don't want to download, or don't want to be tied to one computer,
they can buy a Skype-enabled phone, which either plugs into any USB port,
or in future ones which are standalone using WiFiMAX.  Many cities are
adding WiFiMAX for free.  Google and Intel are pushing WiFiMAX movement.

The telco network is a dinasour.  With Skype you could call free to
Philippines for example, as long as I have Skype.  And much better quality
than they iconnecthere.com one I use now.  I just haven't had time to
switch yet...



==============
That locks you down to one location (your home broadband net connection)
and one provider (e.g. Earthlink or your Cable company).

That is not the future.  The future is mobile.

Here is what you should transistion to over time (owned by eBay and
partnered with Google):

http://skype.com/

You can buy a mobile phone that works with Skype at RadioShack.  For now,
they only have the $40 ones which plug into USB of any computer, so you
can use from any where.

In future, they will have WiFiMAX ones which work just like mobile phone
(no wires), except without the telco monopoly charges.



> What do you think of this?
> https://store.earthlink.net/cgi-bin/wsisa.dll/store/product.html?product=euvvoip
>
> I'm assuming one downside would be that when my net connection is down
my phone would be down too.

[sidhujag]

Unmmm the plaza accord did work as designed.. japan has been in deflation hell since and us prospered through qe.. to say it didnt work is to lack understanding

[r0ach]

Btw, anyone giving any credence to FOFOA needs their head examined.

YOU are the one that brought up FOFOA referencing him first in this thread, not me.  I'm the one that said he claimed silver would go to $0.50 and it went from $5 to $50 INSTEAD.  I then mentioned he expects a gold reval, which everyone and their mom on the planet also expects, only to speculate on what the magic number will be.

Harry S. Dent is another charlatan who has totally changed his thesis after his predictions were totally annihilated by the 2008-9 market collapse.

Harry Dent and Armstrong's thesis on metals are essentially the same thing at this juncture in time.

I have argued against the conspiracy theorists who claim gold is not up because it has been manipulated by the bankers. I have fought against the bank “real” manipulations and warned clients when they are in action. But the bankers are not capable of manipulating a market counter trend – nobody is.

Now Armstrong pretends the federal reserve not only doesn't exist, but it's also incapable of creating economic bubbles and it doesn't manipulate metals either!  And things like the PPT don't exist!  Good one, Armstrong!  The fed can easily distort markets to make something behave how it shouldn't for an entire decade or more.  He claims they "can't defeat the trend".  If you can distort a market for an entire decade or more, you have "defeated the trend".

[Risk Mgmt]

Btw, anyone giving any credence to FOFOA needs their head examined.

YOU are the one that brought up FOFOA referencing him first in this thread, not me.  I'm the one that said he claimed silver would go to $0.50 and it went from $5 to $50 INSTEAD.  I then mentioned he expects a gold reval, which everyone and their mom on the planet also expects, only to speculate on what the magic number will be.

Harry S. Dent is another charlatan who has totally changed his thesis after his predictions were totally annihilated by the 2008-9 market collapse.

Harry Dent and Armstrong's thesis on metals are essentially the same thing at this juncture in time.

I have argued against the conspiracy theorists who claim gold is not up because it has been manipulated by the bankers. I have fought against the bank “real” manipulations and warned clients when they are in action. But the bankers are not capable of manipulating a market counter trend – nobody is.

Now Armstrong pretends the federal reserve not only doesn't exist, but it's also incapable of creating economic bubbles and it doesn't manipulate metals either!  And things like the PPT don't exist!  Good one, Armstrong!  The fed can easily distort markets to make something behave how it shouldn't for an entire decade or more.  He claims they "can't defeat the trend".  If you can distort a market for an entire decade or more, you have "defeated the trend".

I didn't see it that way - I took it as if he's saying what Adam Smith and 400 years earlier Ibn Khaldun stayed about cycles ...
Example: http://www.theatlantic.com/business/archive/2015/10/walmart-stock-decline-ibn-khaldun/410710/

You can create /manipulate upto a limit but the overall cycle will prevail.  Man-made cycle may delay or speed things ...but the overall cycle /nature will win...The Invisible hand always wins.

[Risk Mgmt]

See here - Ibn Khaldun 400 years ago:



Much of his work was ahead of his time and continues to be applicable today.   Adam Smith built onto this work with more great insight.

[sidhujag]

Btw, anyone giving any credence to FOFOA needs their head examined.

YOU are the one that brought up FOFOA referencing him first in this thread, not me.  I'm the one that said he claimed silver would go to $0.50 and it went from $5 to $50 INSTEAD.  I then mentioned he expects a gold reval, which everyone and their mom on the planet also expects, only to speculate on what the magic number will be.

Harry S. Dent is another charlatan who has totally changed his thesis after his predictions were totally annihilated by the 2008-9 market collapse.

Harry Dent and Armstrong's thesis on metals are essentially the same thing at this juncture in time.

I have argued against the conspiracy theorists who claim gold is not up because it has been manipulated by the bankers. I have fought against the bank “real” manipulations and warned clients when they are in action. But the bankers are not capable of manipulating a market counter trend – nobody is.

Now Armstrong pretends the federal reserve not only doesn't exist, but it's also incapable of creating economic bubbles and it doesn't manipulate metals either!  And things like the PPT don't exist!  Good one, Armstrong!  The fed can easily distort markets to make something behave how it shouldn't for an entire decade or more.  He claims they "can't defeat the trend".  If you can distort a market for an entire decade or more, you have "defeated the trend".

I didn't see it that way - I took it as if he's saying what Adam Smith and 400 years earlier Ibn Khaldun stayed about cycles ...
Example: http://www.theatlantic.com/business/archive/2015/10/walmart-stock-decline-ibn-khaldun/410710/

You can create /manipulate upto a limit but the overall cycle will prevail.  Man-made cycle may delay or speed things ...but the overall cycle /nature will win...The Invisible hand always wins.

The most efficient path will win based on fundamentals.. money will always try to be as efficient as possible. The value of something has speculators portion and then the fundamental or intrinsic portion. The speculators can change the speculative portion of it but intrinsic value will remain... the intrinsic value may change upon new technological breakthroughs or efficiency created which may result in that market going up or down. Short term margin calls and liquidity drive direction but long term the intrinsic or fundamental value will, for example if bitcoin is closer to ideal than USD then bitcoin will go up relative to USD over time. If USD is more ideal as a transfer of utility then it will go up.

[r0ach]

See here - Ibn Khaldun 400 years ago:



Much of his work was ahead of his time and continues to be applicable today.   Adam Smith built onto this work with more great insight.

Since general accounting practices don't exist (and how could they in some leveraged, floating variable fractional reserve system) it's more like the quantum world double slit experiment:

[iamnotback]

Btw, anyone giving any credence to FOFOA needs their head examined.

YOU are the one that brought up FOFOA referencing him first in this thread, not me.

Incorrect. OROBTC was first to mention FOFOA in this thread.

I'm the one that said he claimed silver would go to $0.50 and it went from $5 to $50 INSTEAD.

I was the one arguing the same to FOFOA in 2010 and he banned me (Shelby) from his forum. I even publicly predicted silver would go to $45 when it was only $22 in Oct 2010:

http://www.marketoracle.co.uk/Article23786.html (you can also find this on archive.org to prove it was published in 2010)

I then mentioned he expects a gold reval, which everyone and their mom on the planet also expects, only to speculate on what the magic number will be.

There won't be an official gold reval, because gold is not legal tender any where in the world any more (excepting maybe some irrelevant Arab nation perhaps).

Gold will not exceed $5000 as MA has said sometime after 2020. It will go down below $1050 first, and probably as low as $850 (the timing is probably 2018ish for the bottom).

Gold will be a component of the coming SDR weighting basket after the Breton Woods #2 monetary reset in roughly 2020 to 2024 timeframe, which will also include regional currencies such as Euro, pound, dollar, and yuan. But gold will only be for the banks and wealthy to partake. Gold for small investors will become money laundering and will destroy the tinfoil hats (and silver will have no monetary role whatsoever and its mcap is too irrelevant!):

http://www.marketoracle.co.uk/Article20327.html

When you try to exchange your gold for fiat in the new monetary system, you will be required to prove where you obtained it, and then you will pay taxes and fees that exceed your capital gains. TPTB are not going to allow you tinfoil hats to profit on precious metals. According to the words of one US Treasury official, "we will burn the hands of the goldbugs up to their armpits".

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/confiscating-gold-3/

The new monetary systems will be electronic and digital, so you will have no way to enter back into the system from a black market. Look at India. Watch what they do in Europe in the couple of years as another example:

https://www.armstrongeconomics.com/world-news/taxes/india-is-the-guinea-pig-in-electronic-money/
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/clarification-on-indias-gold-confiscation/

Going forward, you must document where all your wealth originated from and that you paid taxes on all your income and gains. And that everything was above board and done in a very legal and transparent/official way. All other wealth will be confiscated by the Millennials and their love of collectivism:

https://www.armstrongeconomics.com/world-news/taxes/91-year-old-woman-denied-her-savings-was-in-sweden/
https://www.armstrongeconomics.com/world-news/taxes/91-year-old-woman-court-sides-with-bank-her-cash-saving-illegal/

Harry S. Dent is another charlatan who has totally changed his thesis after his predictions were totally annihilated by the 2008-9 market collapse.

Harry Dent and Armstrong's thesis on metals are essentially the same thing at this juncture in time.

Nonsense. Armstrong has been correctly predicting everything since the 1980s, and even predicted the 2008 crash. Dent was caught with his pants down and there is no way he is in alignment with Armstrong's thesis. You don't even understand Armstrong, so you are just babbling nonsense.

I have argued against the conspiracy theorists who claim gold is not up because it has been manipulated by the bankers. I have fought against the bank “real” manipulations and warned clients when they are in action. But the bankers are not capable of manipulating a market counter trend – nobody is.

Now Armstrong pretends the federal reserve not only doesn't exist, but it's also incapable of creating economic bubbles and it doesn't manipulate metals either!  And things like the PPT don't exist!  Good one, Armstrong!  The fed can easily distort markets to make something behave how it shouldn't for an entire decade or more.  He claims they "can't defeat the trend".  If you can distort a market for an entire decade or more, you have "defeated the trend".

Complete nonsense. You don't even understand Armstrong at all. You are slobbering like a teenager who thinks he knows something and doesn't have a clue what Armstrong is writing.

It is quite fucking humorous to watch an amateur such as yourself make a total fool of yourself accusing Armstrong of a thesis which doesn't have anything to do with Armstrong's actual thesis, and you don't even seem to be aware that Armstrong managed a fund in Japan that was $3 trillion which was more than half of the US debt at the time.

All you other charlatans are just a bad joke.

Armstrong's points are so sophisticated that I am not going to try to summarize them for you. You need to spend a month reading all of his material if you really want to understand. You bozos who read a few paragraphs with a preordained mindset, then proclaim you know his faults are just ludicrously disingenuous.

[r0ach]

you don't even seem to be aware that Armstrong managed a fund in Japan that was $3 trillion which was more than half of the US debt at the time.

Yea, I'm aware he likes to brag about trading volume, and that he goes to all the little financier conventions, which is how you know he's a shill.  You will never see Armstrong talk about something like this:



You're gonna use the excuse of, oh he doesn't want to cause any problems, he's just a trader blah blah.  Bullshit.  He's already got enough money where he doesn't have to worry about who he offends.  The fact that he does nothing but blog about supposed roots of illness of the monetary system all day yet mentions nothing about this ethnocentric mafia cult behind it is hilarious.

It's they who are behind trying to force people into a cashless, digital only slave system too, yet Armstrong practically cheerleads for them like they're an unstoppable inevitability.  No, all these people can and will die just like 1940's all over again because they've overplayed their hand.

I'm tired of cuckolds not calling out who the devil in the room is while pretending to give explanations for why things the way they are.  Armstrong is trash and part of the problem.  Fuck Armstrong, we're not having a cashless slave system run by the Jews, we're making the holocaust great again.  Tell him to shove that in his magical computer and see what comes out.

[tabnloz]

If only it was as simple to explain as "Jews!!"

It is by far more relevant to blame "elites". The La Guarde's, Draghi's, Bernanke's, Rogoff's are all part of guiding the system to suit their interests in the way they believe is best for us (them). It's cronyism and corruption. Same belief in theory, same modelling, same circles, same education, same application to society.

There is no sinister religious overtone. "jews" aren't trying to enslave the worlds population, that is one level down thinking.

[iamnotback]

If only it was as simple to explain as "Jews!!"

It is by far more relevant to blame "elites".

There is no sinister religious overtone

For r0ach's tinfoil hammer, everything is a paper nail, but maybe he could learn something if he would put his hammer down and open his mind to information:

https://bitcointalk.org/index.php?topic=355212.msg17396067#msg17396067

[r0ach]

If only it was as simple to explain as "Jews!!"

It is by far more relevant to blame "elites". The La Guarde's, Draghi's, Bernanke's, Rogoff's are all part of guiding the system to suit their interests in the way they believe is best for us (them). It's cronyism and corruption. Same belief in theory, same modelling, same circles, same education, same application to society.

There is no sinister religious overtone. "jews" aren't trying to enslave the worlds population, that is one level down thinking.

It actually is that simple, and they tell you straight out of their own mouths:

Rabbi Jews: "Non-Jews Are Goyim Cattle Meant To Serve Us Jews"

http://www.youtube.com/watch?v=wCLtAbULUtw

Israelis: Do you believe that gentiles (goys) will be slaves for the Jews?

http://www.youtube.com/watch?v=0Ji_Y7YEbKY


If you're some kind of idiot and don't believe the words out of their own mouths and that this is how the Talmud and Torah work, you can utilize a rudimentary understanding of statistics to figure out they've used extreme nepotism to completely take over the media, banks, financial system, and even education system.  Power over the media and monetary system gives you absolute power over everything.

You've also kind of made yourself look ridiculous citing Ben "Shalom" Bernanke as a non-Jew.  As for Christine Lagarde, people claim she is not one, but they have tons of Shabbos Goy slaves working for them like Lindsey Graham and John McCain, so it doesn't really matter.  Although, she does have a pretty big hooked nose, so I wouldn't be surprised if she was and just tried to hide her history.  She does seem to be having a great time with the other cackling hooked nose demon on the right and there's a lot of similarity between the two:

[OROBTC]

...

r0ach

LOL the big honkin' noses.  But, have you spent time in France & Italy?  There are PLENTY of non-Jewish people there with (Rev. Wright's long Roman) noses.

The main problem I have with "The Jews are responsible for..." is that they are but 1% - 2% (figure approximate) of Western people.  How do some 1% - 2% have the wherewithal to so dominate the 98%+

Sure, Jews are more clannish than most white goyim.  They are apparently a little bit smarter as well (I read somewhere they have an average IQ of around 115 of).  But, they are family-oriented, believe in studying hard in school (I've seen that) and in traditional values.  Belief in traditional values seems to correlate with success...

I have seen no credible evidence of ANY of the wilder conspiracy theories out there, none as well that "The Jews control it all".

[r0ach]

How do some 1% - 2% have the wherewithal to so dominate the 98%+

I already explained it:

Just look at the quote:  "Like anything else, nature is the best teacher".  Human life is a story of the individual moseying around, then comes in contact with a collective group who kicks them in the face, forcing the individual into a collective group of their own in order to not go extinct.  Jews practice all these blatantly obvious traits, which is why they're winning, while trying to impose Marxism on everyone else to prevent them from coming together for common interests to compete at all.  They are also heavy into anarchism, except not for their own civilization, only to destabilize others to take them over.

In other words, they use "Liberalism" as a weapon to weaken, destabilize, then divide and conquer:

"6. Political freedom is an idea but not a fact. This idea one must know how to apply whenever it appears necessary with this bait of an idea to attract the masses of the people to one's party for the purpose of crushing another who is in authority. This task is rendered easier if the opponent has himself been infected with the idea of freedom, SO-CALLED LIBERALISM, and, for the sake of an idea, is willing to yield some of his power. It is precisely here that the triumph of our theory appears; the slackened reins of government are immediately, by the law of life, caught up and gathered together by a new hand, because the blind might of the nation cannot for one single day exist without guidance, and the new authority merely fits into the place of the old already weakened by liberalism."


"14. In any State in which there is a bad organization of authority, an impersonality of laws and of the rulers who have lost their personality amid the flood of rights ever multiplying out of liberalism, I find a new right - to attack by the right of the strong, and to scatter to the winds all existing forces of order and regulation, to reconstruct all institutions and to become the sovereign lord of those who have left to us the rights of their power by laying them down voluntarily in their liberalism."