Martin Armstrong
Regular Warning Broadcast Update
Socrates is a Scam
This is a regular broadcast message UPDATE. It is timely in a way because traffic of this blog is high, and it will hopefully reach a larger audience than before.
Before I start - How to remove this guy from the public eye? Easy. No. 1 action item:
Cut off his main illegal revenue stream! Subscribe to his Facebook trading group and educate his victims:
Martin Armstrong and Socrates Traders (
more details about the group here on my site)
Be mindful of these paid shills:
Victoria WagnerAlex OriginAlDavid IshamPer MallinMaik KundeLateralus Smith Active for a 3 month stint, inactive since Jul 31 2022. He is gone because I outed him.
Dumitru PopoviciThe way they operate is complex. They are paid by Martin Armstrong to keep the show running. And they are giving trading advice illegally, such as:
Victoria Wagner Thursday 22 December 2022 "If it holds until close ... "BUY" 🛎".
This is clearly the execution of a reversal trading signal which is a breakout signal designed for THEM to trade against. See:
Socrates The Market ManipulatorSo they have an additional potential income stream that sweetens the deal for them.
This is a front running operation without a license!
and they sell the stuff here as well:
Krzysztof Dabrowski Friday 16 December 2022hello can anyone tell , how much does cost one click per market in pro membership
Victoria Wagner
150 USD with one market + every extra +25 USD / month
and here (it's unbelievable):
Victoria Wagner 19 December 2022Hi Guys & Girls, I want to give you a nice short term trading advise: It is the EURO... EUR/USD ... there should come a drop into next week to 1.046 Hope you can make some xmas dollars with this - or recover some bad trades of this year. All the best - Victoria Wagner
Bullshit. Price moved sideways. Would have been a loss to trade it.
With 85 posts in a total of 2.5 months of participation, her activity is more than one post every 2 days day on average, many with charts. Clearly a professional activity. This person alone makes this group feel like a pump and dump channel on reddit or stocktwits. I suggest you analyze her suggested trades - they are knee jerk reaction trades across dozens of different markets, with no time frame given, most of them losers. Reckless nonsense. There is no way that this person actually trades this stuff as she claims. But:
Victoria Wagner 15 June 2021Socrates intraday numbers especially for the DOW-daytraders are like a Trading ATM
Victoria Wagner 15 June 2021who of you is really trading with socrates here?
let's make some money together ... its fun ... hands up
SOCRATES PRO can change definetly your (traders) life ...
After the above short recent exposé, it is hard to see how this scam business can continue to exist. I personally think it is completely trashed now.
I have reasons to believe this because after my exposé of the reddit traders group, that group effectively ceased to exist, and its outed moderator "Lateralus Yellow" virtually disappeared from the planet after a brief stunt in the Facebook group as "Lateralus Smith".
Martin Armstrong is a world renowned criminal. A thief. An unrepentant convicted felon. Worst of the worst. Decades ago (about 1985), he hired some programmers to write the program for him that he calls Socrates. Used it to trade the markets with money stolen from investors. Lost USD 700 million. Created a USD 3 billion Ponzi scheme to cover up the losses. Was caught and spent 11 years in jail for the crimes, including for failing to return USD 15 million that he had stashed away, on top of the losses.
Most likely, after getting out of jail, Martin Armstrong laundered the stolen money he had stashed away before going to prison and
paid for that whitewash movie "The Forecaster" that Marcus Vetter made for him. A web of lies that blames the government for his crimes. The wet dream of a criminal. Now he sells that Socrates software that he used to lose millions, as a subscription service for USD 1,800 per year to the little guy. For the results, see:
Socrates Subscriber TestimonialsThis is the true story of a criminal kept safe from his victims, earning USD 15 million of stolen money while behind bars, being fed on US taxpayer expense, and allowed to re-build the longest-running scam business in history, using some of that stolen money. See:
ArmstrongEconomics - The Scam Business Model ExposéSo WHAT does he do as Armstrong Economics then?
He is an Internet content aggregator, mostly re-publishing
the worst tinfoil type of conspiracy content. This works as clickbait for foolish visitors of his online store for his four revenue streams:
1) Socrates subscriptions,
2) overpriced books and reports,
3) overpriced conferences, physical and virtual, 4) overpriced video on demand (VOD) and
5) income from the distribution of disinformation.
To achieve his objective, he creates MATCHING
campaigns with a variety of subjects, depending on what sells best. He is a populist hot button pusher. For example,
he is a Disinformation agent / broker / publisher / propagandist. He
fraudulently creates the illusion that he has exclusive access to information, and based on that he sells himself as a conveyor belt for some third party
disinformation, using his public blog site which is ideal for that purpose because it wraps complex matters in a manipulative infantile cartoon style, using conspiracy theories. His content is attractive for other quacks aiming to profit from the content. This creates a snowball effect.
Example:
He leveraged his global warming denial campaign. Mineral oil companies profited from it whether they paid him or not. This was at its peak when his content was what these companies needed at the time. Now that the oil companies are switching their strategies (see
Big oil’s ‘wokewashing’ is the new climate science denialism), guess what, Martin Armstrong's global cooling campaign is over!
Here is the proof: Interestingly, a prominent manipulation tool that he showed frequently just
DISAPPEARED:
Original page URL (did not load 2021-09-18):
Climate Alarmists’ Fraud ExposedBUT it is still available on the web archive as:
Climate Alarmists’ Fraud Exposedand the YouTube video is still on YouTube:
My Gift To Climate Alarmists - Tony HellerSo apparently that humanist impostor, our self-declared gift to humanity
Martin Armstrong has been a useful propaganda tool for the oil industry for years - until no longer needed.
His new main campaigns are now Covid-19 anti-vaccination and the New World Order conspiracy, then as Vladimir Putin Ukraine war apologist.
I may be reading a bit too much into this climate change subject but you get the idea. The lines are blurred. Because he is also accidentally deleting pages from his blog and then blames Google for it. See:
Censorship. Becomes a conspiracy theory based on which he then sells his oversize influence and Socrates.
Buy, Buy, Buy! Even mistakes are immediately converted into sales opportunities. That is what this guy has been doing all his life. In jail for 11 years? No problem. Make a movie about it and become a popular hero. Sell the movie. The movie sells his Socrates. You can't make this up.
Socrates
As we have exposed many times,
Martin Armstrong makes
forecasts like a shotgun, let's say for the sake of argument twenty in a row.
The majority will fail and the minority, typically only one will succeed. He then praises the success of the minority successful forecasts, but
conveniently forgets about the failures or
manipulates them after the fact to appear successful.
Guess why we do not find any track record
on any of his sites, only at
armstrongecmscam.blogspot.com and
Precious Metals Analyst Accountability.
That is why
Martin Armstrong is
talking to himself in his "public" blog echo chamber and
posting in public forums as his own shill. He
censors user comments
to put it mildly.
So far so good.
The Socrates system with its
Artificial Intelligence magic, that according to his claims is
free of human bias and never wrong, is supposedly not subject to the above confidence tricks.
WRONG!
The Socrates system,
by means of its ambiguity, is not different from the charlatan scheme described above - it just computerizes that scheme of deception as a
smoke and mirrors machine.
That is why I have been writing for months about
Computerized Fraud, using a perhaps somewhat odd term.
Take the time and read every page of a total of over 75 pages at
armstrongecmscam.blogspot.com and you will discover that Socrates with its
built-in ambiguity will only line the pockets of
Martin Armstrong but it will never even be verifiable with regards to its advertised performance.
The simple reason for the above is that it is based on
human interpretation in hindsight.
But one thing is guaranteed: It will
effectively impoverish its users short term and
long term. Any doubts? Check out the
Socrates Subscriber Testimonials.
What else is there to say? Every man and his dog knows it's a scam.
We just need to look at the posting history of that pioneer
sloanf exposing
Martin Armstrong since 2016 which proves the point: Everything we know today about Martin Armstrong was already known five years ago:
sloanf exposes Scammer Martin Armstrong in 2016
Socrates Support Forums
There are three places where indirect, non-official support is provided. I say non-official because there is a trick. Officially, Socrates is is not sold as a trading platform for legal reasons. For one, see its fine print. The other reason is that Martin Armstrong is by court order barred from association with any financial advisor. So he uses anonymous shills to run these forums to provide himself with perfect deniability. As an example, I describe the Reddit
"Unofficial Armstrong Economics Fan Forum". This forum is heavily censored, meaning that criticism is deleted instantly, except perhaps some controlled opposition which is deleted a few days later. So it is an Armstrong controlled echo chamber.
In that reddit group you can see regular posts of the shill moderator LateralysYellow and other interesting characters. These other characters are mostly shills as well who pose as newbies asking questions to create the illusion of organic discussion. In fact most discussions are synthetic, designed to lure fresh prey into this scam.
The other purpose of this forum is to invite users into other private social media platform based groups such as the Armstrong Socrates Discord channel. With the aim to further control or eliminate any criticism.
As a proof of all the above, try to post a message in the
"Unofficial Armstrong Economics Fan Forum" with the content containing a link to my site
https://armstrongecmscam.blogspot.com. You will not succeed because LateralysYellow has installed a filter that shadow bans that message. Your account will be banned from posting any further messages. That proves that Martin Armstrong is a scammer, a humanist impostor, a dirt bag.
Project Status Update
The project of fully exposing
Martin Armstrong's business as a scam, a business with the clear and exposed objective to harm its victims, and neutralizing that business, is completed. The status is summarized in the new page:
The Defeat of Martin ArmstrongThe drumbeat of the quacks and shills hoping to profit from his popularity is still ongoing on Twitter. The Socrates subscription service and the online shopping cart are still running. But the older core of his cult has basically died. Which is confirmed by the fact that there are no new messages here in this forum.
To get an idea of the lack of momentum, consider the latest YouTube video (after months of silence on YouTube) that tries to leverage some Armstrong momentum:
CRISE DE VALEUR : Le Modèle de Confiance Économique (M. Armstrong) with comments turned off. The French are obviously not very up-to-date so I had to give some help on Twitter like here:
Me as Truth Seeker on Twitter (account no longer active due to overuse):I noticed a strong shift of his activities towards extreme right-wing political and conspiracy subjects which I think I have had an influence on as follows:
Martin Armstrong's business is to sell snake oil such as books in his shopping cart and Socrates subscriptions. Due to high attrition rate and no repeat business, he needs fresh victims daily. But he cannot get enough from internet search engine searches because of his declining popularity. And he lost support from those interview hosts who noticed my campaigns.
My campaigns have driven away those people who are looking for actionable information and analysis. As a result of that, he would have noticed relatively higher traffic from pages with his political ramblings and conspiracy theories and other disinformation. This traffic comes from social media sites such as follows:
Now his strategy seems to be to provide appealing pages (as seen in the above example) that political activists link to in their own campaigns. That is clickbait. Those activists either fail to understand or are are willing to risk the consequences which is that they are driving traffic into his online scam business, and that they might discredit themselves by linking to content provided by a criminal.
This strategy has the advantage that the activists do not risk their own social media channels (being banned) because they are referring to 3rd party content which is often violating the rules of the social media platform. While at the same time
Martin Armstrong avoids risking his own social media channels with such violations because he hosts the content on his own web site.
And he still maintains that he does not host advertising. Even while his web site is pure advertising for his own services. This works well with Twitter and I expect this to continue for some time.
Thanks for reading.
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.
Every single defrauded person should report their case, see
Where and how to complain
