Martin Armstrong Discussion

[over45]

Bullshit excuse. What kind of forecast is that - eventually.

Well then you are an idiot also if you think that can be predicted to a specific target date.  

What are you going to eat for dinner in 47 days?  

The point is:  that $5000 call is what he has said gold will go to when there is a currency crisis.  That's not a bullshit call.  The bullshit is you thinking it has to be pegged to a specific date and not an event.   Do you bashers even comprehend written language ?

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[AnonymousCoder]

Martin Armstrong
Forecasting Concept
Flushed down the Toilet

Bullshit excuse. What kind of forecast is that - eventually.

Well then you are an idiot also if you think that can be predicted to a specific target date.

TIME & PRICE

Only a fool thinks that forecasting is simply price. Time is far more important than price.

Martin Armstrong

Forecast arrays anyone?

And here is another
Martin Armstrong
Lie

Well then you are an idiot also if you think that can be predicted to a specific target date.

The point is: ?that $5000 call is what he has said gold will go to when there is a currency crisis. That's not a bullshit call. The bullshit is you thinking it has to be pegged to a specific date and not an event. - Do you bashers even comprehend written language ?

We read the evidence and derive our conclusions.

Proof:

Martin Armstrong
Gold Call $5,000 +
with target date 2016

Will Gold reach $5,000 +?

P13:
A 21 year bull market in stocks points to 2015 and a 17.2 year high in gold points to 2016.
P14:
However, if gold exceeds this level and it too forms the subsequent support, now we are looking at the
$3,500 to $5,000 target zone. This is where we see the potential for Gold is a true economic meltdown of Confidence.

GOLD $5,000 +

P13:
Technical support will be at the $800 level for 2010. Holding this will keep the bullish momentum in place. We should see a temporary high in 2010-11 with a retest of support perhaps into 2012-13 with a rally into 2016.

You call us idiots - we pull out the facts and you ...




over45 need to get a break because you have fallen flat on your once face as much as Gumbi needs a break because he has also fallen flat on his face here once again.


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.

[Traxo]

Bullshit excuse. What kind of forecast is that - eventually.

Well then you are an idiot also if you think that can be predicted to a specific target date.  

That wasn't implied.

The point is:  that $5000 call is what he has said gold will go to when there is a currency crisis.  That's not a bullshit call.  The bullshit is you thinking it has to be pegged to a specific date and not an event.

Caca again. He will not announce it (time), but instead only in hindsight he will come out as a hero. 
If it's pegged to an event as you say, he will not really predict the event, but will claim that he had. If on the contrary he can predict the event (timing of), then it's in effect pegged to a date. Back to square one.

[CaymanJack]

Bullshit excuse. What kind of forecast is that - eventually.

Well then you are an idiot also if you think that can be predicted to a specific target date.  

What are you going to eat for dinner in 47 days?  

The point is:  that $5000 call is what he has said gold will go to when there is a currency crisis.  That's not a bullshit call.  The bullshit is you thinking it has to be pegged to a specific date and not an event.   Do you bashers even comprehend written language ?

Wow, you just admitted Armstrong is an idiot. I guess you forgot about his ECM?

[over45]

Last try:

To put it very simply - one more time - the $5000 gold call is what he thinks gold could go to in the event of a currency crisis.  That is not difficult to understand and totally makes perfect sense.  That is like any other forecaster making a call of what gold could get to when there is a currency crisis.  It is not exclusive to Armstrong.

I went to that link you posted on Armstrongs post on gold - and he was very consistent in his calls.  Goldman Sachs also proposed sub $1000 gold.  For all we know we may see $700 gold soon... or less.  

I'll make a prediction on Bitcoin:  $2100 or less by 4/2021.  Lower if the Coronavirus escalates.  

[CaymanJack]

Last try:

To put it very simply - one more time - the $5000 gold call is what he thinks gold could go to in the event of a currency crisis.  That is not difficult to understand and totally makes perfect sense.  That is like any other forecaster making a call of what gold could get to when there is a currency crisis.  It is not exclusive to Armstrong.

I went to that link you posted on Armstrongs post on gold - and he was very consistent in his calls.  Goldman Sachs also proposed sub $1000 gold.  For all we know we may see $700 gold soon... or less.  

I'll make a prediction on Bitcoin:  $2100 or less by 4/2021.  Lower if the Coronavirus escalates.  

So essentially what saying is Armstrong can't predict anything to the day, but Armstrong says he does? Then what is the point of the ECM?

[over45]

Wow, you just admitted Armstrong is an idiot. I guess you forgot about his ECM?

No - it's just that I know how to read and understand language:

About

The Economic Confidence Model (ECM), sometimes referred to as the Pi Cycle, is a proprietary core model developed to help comprehend the global economy by tracking international capital concentration. While the ECM does not track an individual security or market (and should not be used to define a specific trade strategy), it helps reveal a timeframe for potential shifts in confidence that may lead to major economic events, up or down.

[Traxo]

I went to that link you posted on Armstrongs post on gold - and he was very consistent in his calls.  Goldman Sachs also proposed sub $1000 gold [by the end of 2015].  

Yes, he was consistent... in his calls that gold would go sub $1,000 (or rather sub $850) by the end of 2015.
Then actually slightly changed the target to Q1 2016.
Oh, then again changed target for 2017.  

Don't mind me asking, have you checked today's date?

[CaymanJack]

Wow, you just admitted Armstrong is an idiot. I guess you forgot about his ECM?

No - it's just that I know how to read and understand language:

About

The Economic Confidence Model (ECM), sometimes referred to as the Pi Cycle, is a proprietary core model developed to help comprehend the global economy by tracking international capital concentration. While the ECM does not track an individual security or market (and should not be used to define a specific trade strategy), it helps reveal a timeframe for potential shifts in confidence that may lead to major economic events, up or down.

So basically you're saying if something does happen then he right, but nothing happens then he's not wrong?

[over45]

So basically you're saying if something does happen then he right, but nothing happens then he's not wrong?

Is that what your comprehension is of the ECM statement I just posted?  Seems pretty clear to me what the ECM is -- and isn't.

[over45]

Don't mind me asking, have you checked today's date?

Yes.  I know today's date.   Historically gold should fall big-time and a lot of people are predicting inflation - but the amount of deflation is unprecedented - so any money entering the system is substantially far less than what is getting destroyed.  Forget the stock market - it's rigged.  We are just at the tip of the iceberg.  Or maybe not.  I know an elderly millionaire who recently sold all of his gold and moved into something else.  I thought he was crazy until he explained his logic.

[DigiLab]

I'd like to ask the Pro Armstrongers a few serious questions.

For the rest of you, I know your thoughts about the following so please give Over45, Truth777 and the rest a chance to respond. Thanks

According to various people, Mr Armstrong included, he has a computer named Socrates that can predict market, economy and other changes to the day. If this is so, why at the end of 2015 into Jan./Feb. 2016, did he write at least 3 public blog posts saying that gold would go under $1000.00, while during the time of at least the 3rd one of those blog posts, and after, gold climbed up into June?

Why did he wait until June to say, 'see I told you' and referenced a one sentence item stuffed in among the several paragraphs in the first 'gold under 1000' post, (that may have been there originally, assuming he did not add that at a later time), saying that if gold closed over such and such a number, (which it did at some point), it would be bullish?

If that bullish scenario was in fact coming true, why did he not give his many readers on the public blog, the same ones that he was telling in at least 3 public blog posts that gold was going under 1000, an early heads up and say, 'hey, it's bullish now' , instead of waiting 6 months to point it out after the fact?

These are serious questions and I would like a serious answer if possible please.

Thanks
Angus_P

Ok, I did research on MA's blog from that time, and I would pull out his following two posts. First is from Dec 25, 2015, where he writes:
"Therefore, a closing ABOVE 1044.50 for 2015 implies that this is not sufficiently weak enough just yet.
This can mean only that 2016 will produce the lowest closing and 2017 will produce the intraday low."
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-update/

And this one from Feb 11, 2016:
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-february-crisis-the-prelude-to-chaos/
He writes: "The low came on the first benchmark right on target at 1045 ($1 from our number at 1044) and was 51.6 months from the 2011 high.
The year-end closing ABOVE 1044 warned that gold was “not as weak as it may appear.”"

He is spot on the number (first sentence from the Dec 25 post), but his interpretation in the second sentence is not correct. He said it many times, he is human as well, and as such, his interpretations are not always correct. Anyone with the real trading experience, understands what MA is saying here.
But the numbers are there, and they were correct. MA himself like every other trader has found in a situations where his human emotions are telling him one thing, but the computer is telling other thing.
And, in such battles computer always wins over MA.

Above is what I found, but what I can tell myself, is that MA was spot on, both the number, and his interpretation, on the Monthly Bullish Reversal, I think it was 1362.
I didn't listen, again human emotion, and I blame myself for that, not someone else. Because once that number (which was out for years, provided by MA) was taken out, after 3 years of ranging, Gold took off.
That would have been very lucrative trade.

[AnonymousCoder]

Facts DO matter:
Record Falsification is Fraud

Private Blog:

Gold Elects Monthly Bullish at $1207 On its Way to $1309

Tuesday, March 1, 2016
...
Our Quarter level of the model generated a Bullish Reversal at the end of the year reversing its short positions and going long. This also signaled that gold would rally from the $1060 area and should test the next Bullish Reversal at the $1347 level.
...

Martin Armstrong claims that his model reversed its Gold trade at the end of the year from short to long, months before publishing this event! This is FRAUD.


RTFM at

Quarterly Superposition Event in Gold 2015 and try to refute any of its details or get lost!

It is a fallacy to construct an argument based on falsified hindsight signals or other noise out of context.

The truth can only be obtained by constructing the timeline as is unfolds step by step with only verifiable information that is available at each time step.

The bottom line is that Martin Armstrong's model elected a bearish quarterly reversal at the end of the year 2015, and he waited for the second "Benchmark" in 2016 to produce the final low that would confirm that bearish quarterly reversal.

That did not occur as we know and therefore he was compelled to falsify the record by claiming in hindsight what can be seen in the private blog above.

That bullish hindsight signal was not available to anybody at the end of the year, and we have reports from multiple people confirming this fact in this blog.

Anything else is just a distraction.


Other instances of this fraudulent falsification:

Martin Armstrong The Falsifier


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.

[DigiLab]

Now, can someone be kind to provide the numbers on the latest MA private blog - Gold for the Benchmark, from today, March 26th?

[AnonymousCoder]

I found out about M.A. around half a year ago. Myself being an engineer, I don't want to learn, I want to understand.
And for me that was possible only following M.A.

An engineer needs Martin Armstrong to understand?

Perhaps time to go back to school to catch up?

Gestern wusste ich nicht wie man das Wort "Ingenieur" schreibt, heute bin ich einen.


But remember the joke about tigers. Why do you blow the horn? To keep the tigers away. But there are no tigers here. There you see!

[CaymanJack]

Is that what your comprehension is of the ECM statement I just posted?  Seems pretty clear to me what the ECM is -- and isn't.

Well then you are an idiot also if you think that can be predicted to a specific target date.  

Armstrong and his supporters claim the ECM can predict things to the date, otherwise what is the point of having specific dates? Then you say people are idiots for thinking so.

[decipher11]

Blog/Basic Concepts
Posted Feb 10, 2016 by Martin Armstrong

BUY-SELL

COMMENT: Mr. Armstrong, I attended the Berlin Conference and I must say, you told us to expect a move between the Benchmarks in gold, and that the first quarter looked to be a countertrend move. You seem to be able to map out the direction of markets all the time. I am still working out the best way to read the arrays. But I have to ask. Why have you not been given the Noble Prize with such a long track record that is unbeatable?


I was at this WEC, and have evidence of what has been said by MA.

He never said such thing ! It's fabricated answer afterward to make the promotion of the next WEC

[decipher11]

So basically you're saying if something does happen then he right, but nothing happens then he's not wrong?

Is that what your comprehension is of the ECM statement I just posted?  Seems pretty clear to me what the ECM is -- and isn't.

Martin Armstrong self forged lies

https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/the-real-implications-of-forecasting-more-profound-than-you-think/


REPLY: The fact that we can forecast any event to the day PROVES that markets are by no means RANDOM.

[decipher11]

For people thinking if they should go to any WEC ...

Since MA can not legally give any financial advise - plain fact that he takes care to hide to the plebe, you won't get any advise to manage your money. Reading the free blog is much more interesting than attend his WEC

[dibley8899]

Well done decipher!! good stuff reporting on the famed wec....save your money folks.

Regarding his daily posting I have now noticed its all basically coming from youtube so he must be sat there on you tube endlessly waiting for a vid so he can watch then post something and look like he is ahead of the game.

He has no more idea than anyone else whats going to happen thats why no one has EVER seen his REAL trading account AFTER 40 years with a superduper computer to log his trades with not your ordinary commodore64

Marty give it up with all your different aliases lol.