Martin Armstrong Discussion

[r0ach]

This is a complete joke.  First Martin Shillstrong claims gold is going to collapse below $1000, then when it doesn't, he rushes to the press to try and FUD because it didn't HAHA:

http://www.silverdoctors.com/gold/gold-news/martin-armstrong-issues-gold-confiscation-warning/

He's a shitlord establishment shill.  The Jews are nothing but a paper tiger that can easily be destroyed.  They're a little Woody Allen-like, frail people that have no power over anything except by financial engineering and media propaganda.  That's all they can do.  Cut off those two powers and they can be crushed with barely any effort 1940's style.

No, Armstrong.  None of us are worried about these scumbags trying to take the gold because this isn't 1933.  Nobody trusts anyone in government or media anymore and will actually go along with it.  But sure, feel free to confiscate all that ETF tungsten filled gold since you're not getting anything else.

In case anyone hasn't figured out Armstrong is nothing but a shill for the Jews:

https://www.armstrongeconomics.com/uncategorized/anti-semitic-and-pro-nazi-activities-rising/

https://www.armstrongeconomics.com/history/europes-economic-history/jewish-bankers-vs-all-bankers/

[1715351076]

1715351076

[1715351076]

1715351076

[bitsilvergold]

Oh, oh, guru Armstrong's latest doesn't seem too cheerful on bitcoin having much of a  future :-(

[sidhujag]

Roach who cares we know hes not much of a predicator i read occasionally for long term analysis if at all but thats about all the info i think is valuable from him.

[miscreanity]

Armstrong determines thresholds and targets within time-frames. If a threshold is met in a given period a resulting move will occur, otherwise it will reverse. This works best at daily to multi-year scales.

For example:
If Bitcoin holds the all-time high on a weekly basis it will continue higher to a target of $1210 and if not it will decline as low as support at $700. If the first upside target of $1210 is exceeded, the next targets are $1540 followed by $1950 and $2400. If the downside $700 target is broken, the subsequent targets are $655, $510 and $160.

With Bitcoin, Armstrong seems to be noting that it will not go unopposed by China - not that it will be legislated out of existence. I agree with the sentiment that there will be an uphill battle until either the world broaches a new form of societal structure, or governments find a way to corrupt the systems.

I do not know what his thoughts are regarding the possibility of governments usurping the system as a tool of financial control instead of freedom. Nor do I know what he thinks about the potential of world markets choosing Bitcoin as a de facto standard despite government decree. I find it hard to believe that the social trend toward rejection of the status quo will strictly adhere to arbitrary rulings of illegality.

All of these movements take time to occur. There have been plenty of attacks on Bitcoin and it always seems as if we're on the brink of something major, though I expect it may be another year or so before things really get ugly.

[CoinCube]

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."

r0ach has taken true observations followed them to false conclusions.

The six true observations are as follow:

a) The observation that human history is full of collective groups enslaving and oppressing weaker groups.
b) The observation that Leftism weakens and destabilizes nation states as it is self refuting.
c) The observation that secular Jews occupy many leadership roles in Leftist organizations.  
d) That observation that our current financial system is one of top-down control that facilitates increased centralized control over time.
e) The observation that secular Jews disproportionately occupy leadership roles in the U.S. financial system.
f) The observation that racist Jews exist and are documented to exist on social media.

From these six observation he goes on to conclude that there is a worldwide racial conspiracy. This conclusion is a fundamental misunderstanding of reality. To understand why we must understand the true struggle of human history.

We can see hints of the struggle in the words of Adolf Hitler himself.

I do not see why man should not be just as cruel as nature.
...
The Ten Commandments have lost their validity. Conscience is a Jewish invention, it is a blemish like circumcision.
...
It is always more difficult to fight against faith than against knowledge.
...
It is not truth that matters, but victory

The true war is between the forces that advance knowledge and the forces that centralize and destroy it. In this battle the champions of knowledge are Christianity, Judaism, and hopefully someday Islam. The champions of centralization are Leftism, Secularism, and Nihilism. It is not a war over racial supremacy but over freedom. I do not wish to take this thread too far off topic but for those interested I covered this topic in depth here: Freedom versus Slavery.

[OROBTC]

...

Armstrong writes up his latest thoughts on China and Bitcoin.  He says that China represents some 98% of BTC trading and has 2/3rds of hash power (mining).

He thinks that China is going to come down hard on local purchase of BTC, as it is mostly "money laundering".  And the Chinese government is like all others: extremely greedy for more taxes.

https://www.armstrongeconomics.com/world-news/taxes/bitcoin-what-next/

[Lateralus]

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:

https://i.imgur.com/Eut4mfk.jpg

You don't understand how to interpret scripture.

Similar ideas are found in the Bible and other spiritual texts, that those who are closest to god (think of god as the hypothetical ideal man who could act perfectly in every situation because he is all-knowing) will lead the world. This makes sense from an evolutionary standpoint. Human evolution is on a path of survival of the most intelligent. As far as all the slavery stuff, it's obvious from those videos that the Jews do not want to literally enslave everyone, they simply believe people will voluntary follow their leadership and serve them. They are a little off, because the reason people would serve them is because they are more intelligent... it has nothing to do with their religion (at least not directly, but of course a lot of their wisdom was passed down through their religion). There are a lot of intelligent people who aren't Jewish as well, so no it won't be just the Jews who will lead the world once people begin to appreciate the more intelligent and see them for heroes they really are.

Now as far as who is closest to god (or rather closest to being a perfectly rational lifeform), that has nothing to do with following a specific religion. If anyone is closest to "god" it's more likely to be libertarians & anarchists, especially those of us who appreciate the mythology & psychology truths found in spiritual texts but reject the religions that surround them.

You are just filled with hatred and you are looking for monsters where there are none, you're just yet another collectivist (cult behaviorism) projecting your own flaws onto the world. You're as irrational as those jews who take everything in their texts literally and actually believe that by praying 3 times a day it somehow makes them a better human being. Being smarter and thinking rationally about the world's problem is what makes us better human beings, so you don't need to be a theist to be closer to "god".

[r0ach]

you're just yet another collectivist

Invalid comment.  Libertarianism and anarchism don't exist in a closed ecosystem where all resources are highly contested.  You will be joining some type of "team" or entity or you will not then be crushed by others that did eventually.  The Jews have their "Jew" team while preaching Marxism to everyone else claiming it's racist for others to join together for common interests.  

This is how they created all their media and financial monopolies and why you see nothing but anti-white propaganda 24/7 in the media.  They have overplayed their hand and now whites will once again (just like they've been forced to do hundreds of times before) and either expel the Jew from the country or make the holocaust great again out of self preservation.  There is no bargaining so you can save your breath.  Pinochet and Hitler style right wing death squads are natures natural response to Marxism.  It's their fault, not ours.

You are just filled with hatred and you are looking for monsters where there are none

Nope, just pragmatic when it comes to self preservation.  Jews destroy nations.  Period.  They form a state within a state, which is why they're always kicked out.  And what do they do with this state within a state once formed?  Why, practice usury enslavement and white genocide of course.  They're the ones behind "The Death of America" immigration act.  They're the ones flooding Europe with rapefugees (Soros and company).  They see homogeneous civilizations as dangerous to their interests because homogeneous civilizations always end up murdering usury banker tyrants.

Nothing good has ever come to a nation that allowed the Jews in ever.  They always without fail use extreme nepotism to try and displace the native inhabitants from power and insert themselves as middle men to practice usury.  This did not happen hundreds of fucking times by sheer coincidence.  Anyone that believes so is a complete idiot:

https://www.biblebelievers.org.au/expelled.htm

Black culture is generally a complete carnival of destruction yet they rarely if ever get kicked out of anywhere.  If the Jews are one-upping blacks in causing mayhem and pestilence for any country they visit, the problem is not other people, it's them.

Enjoy your coming ovens scumbags:

[Lateralus]

practice usury enslavement

Oh wow you've just got it all figured out man!
Loans = slavery!

Oh wait, except debt forgiveness (bankruptcy) is the whole reason we don't have actual slavery and is one of the most important ingredients of a truly free society. It puts part of the responsibility on the person making the loan by refusing to allow them to enslave another human being just because they're in debt.

I bet you think fractional reserve banking is a scam too  

You can cherry pick a few wackos and make any group look insane and evil, and there's no real difference between what Barbara Spectre says there compared to the average regressive liberal world view. She's just another dumb r-selected woman.

[sidhujag]

practice usury enslavement

Oh wow you've just got it all figured out man!
Loans = slavery!

Oh wait, except debt forgiveness (bankruptcy) is the whole reason we don't have actual slavery and is one of the most important ingredients of a truly free society. It puts part of the responsibility on the person making the loan by refusing to allow them to enslave another human being just because they're in debt.

I bet you think fractional reserve banking is a scam too  

You can cherry pick a few wackos and make any group look insane and evil, and there's no real difference between what Barbara Spectre says there compared to the average regressive liberal world view. She's just another dumb r-selected woman.

Except when you claim bankruptcy your assets are seized which were used as collateral.. thus when you have fractional reserve and rates are dropped so low and then raised suddenly you will find many people lose their shirts or enslaved to banks to pay off loans or risk losing those assets that they have put their life savings in.

[Lateralus]

thus when you have fractional reserve and rates are dropped so low

Artificially low interest rates have absolutely nothing to do with fractional reserve banking.

[iamnotback]

Lateralus, nice to find a smart dude. Thanks for taking over the reins for me.

Could I direct you to another thread:

https://bitcointalk.org/index.php?topic=1740313.msg17432698#msg17432698

Also some threads I started in the Politics & Society forum which I don't have time to maintain.

I am surprised to find someone who thus far seems to have similar insights that I have. Also you are able to not conflate orthogonal issues. Impressive.

[CoinCube]

...
It's their fault, not ours.
...
Nope, just pragmatic when it comes to self preservation.  Jews destroy nations.  Period.

Both these claims are false r0ach. What makes the Jews different is that they are among the very few groups who do not destroy themselves by actively embracing collectivism. They are also smarter then average. In a world full of nations bent on self destruction the sane rise to the top. iamnotback highlighted this well in some of his recent posts. These are copied below (mildly edited for language).

The Jews are succeeding because their group strategy is correctly aligned with the natural laws of nature.

The Jews sit outside the collectivism and anneal with it groupwise...This is why the Jews don't do usury to each other (they are a small group scattered across many collectivist regimes, forming a common philosophical bond or group strategy, and usury is collectivism paradigm in the large), only to the other gentiles.

Collectivism is the fault of those who participate in it. The Jews did not take away free will of the gentiles.

We choose to enslave ourselves with the leftist, atheist religion...there is no freedom from the NATURAL LAW. You can pretend you are free without any NATURAL LAW consequences, but you are lying to yourself if you do.

The core of the Christian (and Jewish) faith is about individual adherence to the NATURAL LAW (which includes the natural law outcome of the group evolutionary strategy). There are of course Christian sects which have fallen away from the core point of Christianity.
...
Every human has to decide to interopt with society and nature in some form of group evolutionary strategy. We don't get a free pass from that decision. It is unavoidable, even by default.

Leftism is the religion which promises the individual he/she can entirely free, protected, while protecting the right of everyone else to be entirely free and protected.

Sounds very noble right? Read on...

All religions exist to protect the society (and the family) against the defection of the individual. Traditional religions argue that subjugation of some of the "evil" whims of the individual (e.g. extra-martial affairs) is necessary to maximize the success of the society, e.g. children who grow up without their fathers usually do statistically much worse in life in various metrics, including health.

Whereas, in leftism the "evil" is not "protecting the right of everyone else to be entirely free and protected". But what does this really mean? It is double-speak. It really means to steal from production so as to enable people to abandon their moral responsibilities so that the society can be utterly destroyed by hedonism and other ramifications of offering everyone "state-supported freedom" (which is a guaranteed megadeath hell in the future).

But don't dare tell the leftist, atheists that their idealism is corrupt, bankrupt, and disingenuous. They will gut you with a knife if you dare challenge the veracity of their beloved social justice.

"Entirely free" means you can do what ever you want and there are no NATURAL LAW ramifications (the State will always support your right to do what ever you want), as long as you support the State's right to protect and economically provide for everyone's right to do what ever they want. In other words, a "free for all" clusterfuck of political correctness and stealing.

But NATURAL LAW in inviolable. No State can protect every individual from the NATURAL LAW. And if you tell people they can be entirely free (including economic freedom for everyone and every whim), then you have lied.

In short, leftism is a Tragedy of the Commons. Thus is a false religion. It lies. It is Satan's religion.

I would have called it DIVINE LAW from which NATURAL LAW flows but otherwise I agree with the logic above.

This is not to say the Jews are blameless. Jews do not destroy nations but collectivism does and collectivism is greatly accelerated by usury.

Jewish Moneylending
http://www.myjewishlearning.com/article/jewish-moneylending/

Biblical law forbids taking or giving interest to “your brother” (a fellow Jew), whether money or food or “any thing.” The Talmud interpreted this very strictly, so much so that even greeting someone from whom you have borrowed, if such greeting had not previously been the custom, is forbidden. [For Biblical law regarding moneylending, see, for example, Exodus 22:24, Deuteronomy 23:20-21, Leviticus 25:35-37.]

...

Originally, the medieval rabbinical attitude toward lending money on interest to Gentiles was very conservative, restricting it to scholars (not only as a means of income but because it was felt that they would be cautious about such loans and limit the interest charged) or to cases where it was absolutely necessary for livelihood.

Moneylending Yielded High Profits for Little Risk
Ultimately, however, the potential of great profits and the widespread demand for moneylending made it universal among Jews. Mordecai B. Hillel of Germany (b. 1298) wrote that there is no profit in any form of commerce like that to be made in lending money. Ibn Adret in Spain observed that it has become permitted for everyone to charge interest on loans to Gentiles, “and now all have made themselves ‘sages’ in this respect

The Jewish people's great historic error (in my opinion) was in their interpretation of scripture. Biblical law forbids taking or giving to “your brother”. Christians as fellow ethical monotheists and neighbours in the same country qualify and should have been considered brothers. An argument can be made that the Jews have paid a very heavy price for this error.

[sidhujag]

thus when you have fractional reserve and rates are dropped so low

Artificially low interest rates have absolutely nothing to do with fractional reserve banking.

You sure about that? Your calling it artificial for a reason... should the system been either incentivesized so that actors didnt act so irrational or the system was not fractional to prevent ability for actors to act irrational for selfish reasons in the first place then we may have not had to drop rates for so long to spur economic confidence.

The way that fractional reserve banking works is that government borrowing must be at a lower rate than corporate borrowing which increases pro-cyclicality, crowds out more economically productive private investment and, even as it reduces absolute interest rates for all borrowers, drives rates further below the “natural rate”.

[iamnotback]

...

Armstrong writes up his latest thoughts on China and Bitcoin.  He says that China represents some 98% of BTC trading and has 2/3rds of hash power (mining).

He thinks that China is going to come down hard on local purchase of BTC, as it is mostly "money laundering".  And the Chinese government is like all others: extremely greedy for more taxes.

https://www.armstrongeconomics.com/world-news/taxes/bitcoin-what-next/

Check my logic wherein I am thinking Armstrong is incorrect in this case:

https://bitcointalk.org/index.php?topic=1663070.msg17436642#msg17436642

Could one of you please email my comments to him and ask him to reconsider his logic about Bitcoin.

[r0ach]

I bet you think fractional reserve banking is a scam too  

Am I talking to a bunch of rubes that just fell off the turnip truck?  Of course fractional reserve banking is a scam.  Just because it's an institutionalized scam doesn't make a difference.  Fractional reserve banking is by definition crony capitalism.  If some 10 year old girls open a lemonade stand on the side of the road, not many people mind.  If instead of lemonade they start to sell unbacked million dollar receipts for gold that doesn't exist, it's suddenly an emergency where they're deemed scam artists!

I don't believe in giving permits that grant special rights and privilege for some people to scam while for others it's illegal.  Fractional reserve doesn't actually benefit anyone except the Jew scammers running the banks.  For instance, the price of housing is derived from the debt/credit markets.  If the credit markets freeze and 30 year loans disappear, well, the price of all houses now deflates to nothing since nobody is financing the cost of a house over a 30 year time span and the prices have to be marked to market to accommodate liquidity.

30 year loans can't exist without fractional reserve and it is not YOU that benefits from them, it is usury bankers.  The act of having these lending windows based on fraud exist at all just inflates the cost of assets to the moon in bubbles.  This means if anyone is taking these loans, now everyone has to take them as well even if you normally wouldn't or you'll be priced out of the market.  Some people might think it's still worth it slogging through all this inflated asset price usury burden to be able to own a home, but in the end you don't even own it since you have to pay rent still (property tax).  

This is why the housing market is the ultimate racket.  You're being extorted due to the government mandated existence of fractional reserve jacking up the prices in bubbles, then even if you pay it off, it's still not even an asset.  It's a liability you pay a fee on.  All bubbles and systems built on fraud do crash, though.  The fractional reserve system will blow up giving you a brief window of opportunity to buy at non-highway robbery prices every once in a blue moon utilizing a currency that is not affected by deflationary collapse (gold, silver, bitcoin if it doesn't die).

It is therefore in your best interest to help blow up the system as fast as possible:

[iamnotback]

I bet you think fractional reserve banking is a scam too  

Am I talking to a bunch of rubes that just fell off the turnip truck?  Of course fractional reserve banking is a scam.

It is the natural state of affairs. You can't regulate what is natural. So nature is a scam? 

Did you forget what the free market chose to do in the 1800s by preferring to use fractional receipts instead of trade physical gold.

[CoinCube]

I bet you think fractional reserve banking is a scam too  

Am I talking to a bunch of rubes that just fell off the turnip truck?  Of course fractional reserve banking is a scam.

It is the natural state of affairs. You can't regulate what is natural. So nature is a scam?  

Did you forget what the free market chose to do in the 1800s by preferring to use fractional receipts instead of trade physical gold.

What is natural can still be evil.

Slavery is natural too. As a species we finally got rid of it (at least officially) in 1981 when Mauritania became the last nation to outlaw slavery.

It is possible to eliminate what is both natural and evil it is just very hard. We will get rid of fractional reserve too someday. It is a much more subtle evil, however, so it might not happen for a long time.

I wrote a few posts on the basics of the fractional reserve system a while ago here:
Finance Part I: Understanding the Parasite
Finance Part II: The Parasitic Cycle
Finance Part III: Divide, Conquer, Enslave

[sidhujag]

I bet you think fractional reserve banking is a scam too  

Am I talking to a bunch of rubes that just fell off the turnip truck?  Of course fractional reserve banking is a scam.  Just because it's an institutionalized scam doesn't make a difference.  Fractional reserve banking is by definition crony capitalism.  If some 10 year old girls open a lemonade stand on the side of the road, not many people mind.  If instead of lemonade they start to sell unbacked million dollar receipts for gold that doesn't exist, it's suddenly an emergency where they're deemed scam artists!

I don't believe in giving permits that grant special rights and privilege for some people to scam while for others it's illegal.  Fractional reserve doesn't actually benefit anyone except the Jew scammers running the banks.  For instance, the price of housing is derived from the debt/credit markets.  If the credit markets freeze and 30 year loans disappear, well, the price of all houses now deflates to nothing since nobody is financing the cost of a house over a 30 year time span and the prices have to be marked to market to accommodate liquidity.

30 year loans can't exist without fractional reserve and it is not YOU that benefits from them, it is usury bankers.  The act of having these lending windows based on fraud exist at all just inflates the cost of assets to the moon in bubbles.  This means if anyone is taking these loans, now everyone has to take them as well even if you normally wouldn't or you'll be priced out of the market.  Some people might think it's still worth it slogging through all this inflated asset price usury burden to be able to own a home, but in the end you don't even own it since you have to pay rent still (property tax).  

This is why the housing market is the ultimate racket.  You're being extorted due to the government mandated existence of fractional reserve jacking up the prices in bubbles, then even if you pay it off, it's still not even an asset.  It's a liability you pay a fee on.  All bubbles and systems built on fraud do crash, though.  The fractional reserve system will blow up giving you a brief window of opportunity to buy at non-highway robbery prices every once in a blue moon utilizing a currency that is not affected by deflationary collapse (gold, silver, bitcoin if it doesn't die).

It is therefore in your best interest to help blow up the system as fast as possible:

It provided more transfer utility to target interest rates and do fractional reserve.. however we may see a better form of money thru cryptocurrency it will take time for market to switch but we will

[r0ach]

It provided more transfer utility to target interest rates and do fractional reserve.. however we may see a better form of money thru cryptocurrency it will take time for market to switch but we will

Cryptocurrency is not a real store of value, though.  It is basically at the same level as fiat on Exter's pyramid.  Wealth is derived from resources and labor.  Cryptocurrency will always be the bad money driving out good money compared to an actual resource/commodity based currency whether it's gold, silver, oil, or some other substance.  The problem that it's very difficult to remove counterparty risk on things like uranium and oil always switch roles back to metals such as gold and silver instead.

It is the natural state of affairs. You can't regulate what is natural. So nature is a scam?  

Did you forget what the free market chose to do in the 1800s by preferring to use fractional receipts instead of trade physical gold.

The last time I checked, nature does not derive yield from resources that don't exist.  It's just accounting fraud established by the boiling frog method where you increase leverage slowly and nobody seems to care since their bank hasn't collapsed yet...until it does.  Then the fact that the scam has been uncovered for hundreds of years is papered over with economic pseudoscience where the common serf believes there's a predetermined amount of leverage science discovered that banks utilize where they won't implode.  The serfs believe the system is a finely tuned Swiss clock.  It's more like: